If you want to repay the interest on your housing loan only considering a financial train facing you, you can apply for "repayment of interest only".
·It can sharply decrease the monthly installment that you have to pay.
·You only need to pay the monthly interest on you housing loan.
·You can determine the period of the payment.
·It is applicable for first-hand/direct first-hand housing loan, second-hand housing loan, commercial property loan and personal consumption loan.
All the contents stated above are for your reference only. Please consult the local branch of China Merchants Bank for further information. China Merchants Bank reserves the ultimate right of interpretation for the contents in this page.