Sample application for partial early repayment of a mortgage. Application for early repayment of a loan: sample

Early repayment of an annuity loan

To repay an annuity loan early, go to the tab Early repayment.

You can also proceed to early repayment of the annuity loan on the annuity loan page by clicking the button Loan transactions and selecting Partially repay the loan or Repay the loan in full.

Partially repay the loan

Partial early repayment is carried out only with a reduction in the amount of subsequent monthly payments. To shorten the loan term while maintaining the amount of monthly payments, you must fill out an application for partial early repayment at a Sberbank branch.

To partially repay the loan early, follow these steps:

On the tab Early repayment click the button Partially repay the loan Partial early repayment.
Specify the parameters for partial early repayment of the loan. To do this, follow these steps:
- On the list Write-off account
- In field payment date Enter or select the payment date in the calendar.
  Attention! You can register an application for partial early repayment of a loan with Sberbank Online only on a working banking day. The nearest day of possible early repayment of the loan is the next working banking day from the current date.
- In field Sum enter the loan repayment amount. Minimum payment amount to enter in the field Sum calculated by the system and displayed below this field. If you want to repay the loan ahead of schedule in a smaller amount, contact a Sberbank branch.
  Attention! In order to repay the loan early, it is necessary to ensure that the repayment amount is available in the account by the payment date.
- In the window that appears Confirmation of partial early repayment in field Enter SMS password Confirm. As a result, your application for partial early repayment of the loan will be sent to the bank.

You can see information about the operation of partial early repayment of the loan on the tab Early repayment in the information block History of early repayments, as well as in the section in the personal menu.

Repay the loan in full

To repay the loan in full, follow these steps:

On the tab Early repayment click the button Repay the loan in full. As a result, the page will open Full early repayment.
Specify the parameters for full early repayment of the loan. To do this, follow these steps:
- On the list Write-off account select the account from which the loan will be repaid.
- In field payment date change the payment date if necessary. By default, the date of the next loan payment is indicated.
- In the window that appears Confirmation of full repayment of the loan in field Enter SMS password enter the one-time password from the message received on your mobile phone, and then click the button Confirm. As a result, your application for full early repayment of the loan will be sent to the bank.

Money will be debited from your account automatically on the selected date.

You can see information about the operation of full early repayment of the loan on the tab Early repayment in the information block History of early repayments, and also in the section History of Sberbank Online operations in your personal menu.

To view the history of early repayments, go to the tab Early repayment.

In the information block History of early repayments provides information about your transactions for early loan repayment.

Is it possible to repay the loan early? How to do this and what is needed for this? When do I need to submit an application and is it possible to return interest on the loan? Read the article below for detailed answers to these questions.

Features of applying for early loan repayment

The borrower has the right to early repayment of both the full loan amount and part of it, unless otherwise specified in the loan agreement. To do this, just write on the bank's form.

It should be remembered that the submission deadline must be at least one day before the desired loan repayment date. Most often, banks consider such applications within a calendar day, however, according to the law, they have the right to increase the period to thirty days.

Full repayment

In case of full early repayment of the loan, it is necessary to calculate the exact amount. To do this, you can use a special calculator on the bank’s website or contact a specialist at the branch.

In some banks, the account is credited only the next day, so the payment should be made a day earlier. Immediately after making the payment, you must obtain from a bank employee a certificate confirming the closure of the loan and the absence of debt.

When repaying the first type of loan early, an overpayment to the bank for using the loan occurs. In order to return funds, you must:

After repaying the debt, receive a certificate from the bank confirming the closure of the loan.
Make a copy of the agreement.
Write an application for the return of interest upon early repayment of the loan and indicate in it the following:
1. Full name and identity card details of the person being credited;
2. data on the loan agreement (number, date, size, rates, etc.);
3. exact amount and date of full repayment;
4. account or card number to which you wish to receive overpaid funds.
Contact the bank with these documents and wait for the funds to be credited to the specified account.
In case of refusal, ask for a certificate indicating the date and details of the employee serving you. Next, you should file a complaint with regulatory authorities, such as Rospotrebnadzor, the Society for the Protection of Consumer Rights, or the court.

Quick application form

Fill out the application now and receive money in 30 minutes

Early repayment of a loan at Sberbank is available to all citizens participating in loan programs, in accordance with the terms and conditions specified in the agreement. In the interests of the bank, these actions are extremely unprofitable, since there is a loss of profit - interest on the loan. The client, by repaying the loan faster than specified in the agreement, wins - his debt obligations are removed, and he overpays less.

Early repayment of a consumer loan

The bank does not set serious restrictions for clients wishing to pay the debt in whole or in part before the end of the contract. Moreover, Sberbank has one of the most convenient online services for carrying out the procedure, and if you were insured by a partner organization, it is possible to return the unused limit.

Partial payment of debt

At Sberbank, you can repay an annuity loan in an incomplete amount in two ways: to reduce the minimum payment or the loan term.

To partially repay the principal debt and reduce the payment, it is enough to deposit funds into the account from which monthly debits occur. Sberbank debits the amount either immediately when it detects funds in the account, or on the day established by the schedule. The transaction is reflected in Sberbank online.

The only way to repay an annuity loan with a reduction in the loan term is to contact the branch and write an application. Only repayment with a reduction in payment is possible remotely.

If the term is shortened, the new payment schedule will be reflected in Sberbank online or will be issued on hand at a bank branch. Such write-off is carried out on the date specified in the application and it may not coincide with the one established by the schedule.

Full payment of the amount

In the case of full early repayment of a consumer loan, there is no need to carry out complicated procedures.

To perform this operation, you must clarify the amount of the debt, down to the kopecks, write an application and make the final payment. The application is written a month in advance - according to the rules, in fact - this is not strictly observed.

Once the loan is closed, you should come to the bank and order a certificate confirming full repayment of obligations and the absence of debt. In this case, if certain actions are taken, you can close the annuity consumer loan and return the insurance on it.

Conditions for repaying an annuity loan

To partially repay the debt, you must ensure that the following conditions are met:

You can repay any amount early; there is no minimum or maximum value;
You can pay the entire loan amount or part of it;
Early repayment is available only one month after receiving the loan.

If these conditions are met and the appropriate amount is available, you can safely go to the bank and write an application to close your debts.

Order after it has been fully repaid. This document will be a written confirmation that your obligations to the bank have been fulfilled in full.

Sample application to Sberbank

According to the rules, an application for early repayment of a consumer annuity loan must be submitted to the bank one month before the payment is made. This is a requirement directly from Sberbank. Main rules when submitting an application:

The application is drawn up in two copies.
One application remains with the bank, the employee puts the appropriate mark on the second and gives it back to the borrower.
The application contains all the essential provisions: full name of the borrower, loan agreement number, loan balance, date of payment and debit, etc.

Use the template to fill out the document in advance.

How to return insurance

When drawing up a loan agreement, the client sometimes additionally purchases a voluntary insurance policy (for example, life and health). Insurance entails a number of expenses during its validity - the amount of the monthly payment includes premium contributions.

You can always refuse voluntarily insurance for a consumer loan within 14 days from the date of conclusion of the agreement. Remember that the bank may limit this right by increasing the interest rate if the policy is cancelled.

By repaying a consumer annuity loan early, you do not need to pay for the insurance that was included in your loan.

You can try to return the amount that you previously paid for the unused loan period.

An application for refund of insurance (premium) is written to the insurance company, accompanied by a copy of your passport and proof that you do not owe the bank anything.

The application is reviewed within two to three weeks. In most cases the answer is yes. The money is credited to the account you specified earlier.

Please note that before applying for an insurance refund, you need to study the agreement in detail. It specifies the terms of its termination and the procedure for payment of funds. If there is no such clause, you will not be able to receive money.

Online calculator for calculation

A practical thing is a calculator for partial or full early repayment of an annuity loan at Sberbank. However, Sberbank itself has not developed such a calculator, and the bank does not offer clients to use this service.

There are programs on the Internet that make it possible to calculate the preliminary amount to be repaid.

Use online calculators with caution - they rarely reflect the actual picture! Sberbank has a special program, thanks to which a consultant can notify you in advance via communication about how much the payment or term will change in case of partial early repayment and how much money needs to be deposited on a specific date in order to completely close the debt.

Pros and cons of early repayment

Positive sides:

The amount of overpayment is significantly reduced, since the body of the loan is paid, or it is closed completely - depending on whether we are talking about full or partial repayment.
Peace of mind for the client and removal of the credit burden.

Negative sides:

Perhaps the issue of lost profits should be mentioned, because the amount deposited ahead of schedule deprives you of the opportunity to receive interest in excess of the loan.
A bit of a waste of time.

Before deciding to repay an annuity loan early, carefully study each provision and condition of the agreement and calculate the amount of benefit in specific circumstances.

Conclusion

Early repayment of a loan at Sberbank is a simple procedure, for which you need to comply with certain conditions and follow a simple algorithm. In addition, you can always return unused insurance if you have entered into such an agreement.

Early payment of a loan is a common practice that became especially popular after 2011, when indirect obstacles to this in the form of restrictions set by banks were legislatively removed. Any borrower can take advantage of early repayment of a loan debt - this is his right. However, it is important to do this competently - on the most favorable terms for yourself.

Right to early repayment

The general right to early fulfillment of loan obligations is enshrined in Article 810 of the Civil Code of the Russian Federation.

According to the law:

this right applies to all types of credit (borrowed) obligations not caused by entrepreneurial activity;
it cannot be limited by anything other than the terms of the contract, but the latter cannot contradict the law and worsen the position of the borrower in comparison with what is established at the legislative level;
Both full and partial payments are possible - without restrictions;
The borrower's only obligation is to notify the lender of his intention in a timely manner, no less than 30 days in advance.

The terms of the loan agreement may establish a specific procedure for early fulfillment of obligations, including shortened notice periods, and also define in detail procedural nuances. The terms of the agreement detail the borrower’s right, but cannot limit or condition it.

For a mortgage, the same rules apply as for any other type of lending, however, before you decide to repay the loan early, it is very important to determine whether it will be profitable and to what extent.

Some nuances:

There are many arguments in favor of paying off your mortgage early, but unlike other loans, there are just as many arguments against it. Paying off your mortgage early is not always profitable. This is a long-term and complex type of lending, seriously susceptible to the influence of market factors - inflation, rising or falling real estate prices, changes in the credit policy of banks and the peculiarities of government support and regulation of mortgage lending.
It is more correct to consider a mortgage as a subject of long-term and strategic financial planning. Before making a decision on early payments, it is necessary to correctly place the emphasis, make calculations based on the conditions of today and the future, and accurately determine whether it will be profitable. The best decision is to involve a specialist in the analysis.
Consider whether early repayment will be more profitable than the possibility of obtaining a tax deduction, using maternal capital funds, directing free funds to form a reserve, investment activities, or opening an interest-bearing deposit.
If you nevertheless decide to pay off your mortgage early, clearly define the goal - to shorten the mortgage term or reduce the monthly financial burden - the approaches to solving these problems will be different.
Often, the conditions for early payment of a mortgage are detailed in the contract - be sure to study them. It is possible that the bank has established a moratorium on early settlement for a certain period of time (usually several months) and (or) a minimum contribution amount.

Since legislation has limited the actions of banks related to their rights to influence the terms of early settlements on loans, most credit products use a system of annuity payments that are more profitable for banks, rather than differentiated ones.

With the annuity system of loan payments, the borrower is obliged to pay an equal amount every month, which consists of the loan body and interest. This is quite convenient for the borrower, but the trick is that he primarily repays the interest rather than the principal. As payments progress, the monthly interest payment decreases and the principal payment increases. The benefit of the bank is obvious - it earns on interest.

When repaying an annuity loan, two methods of early partial repayment are possible. As a rule, the specific method is specified in the contract, and if not, it is determined by the borrower when submitting an application and agreed with the bank. With the first method, the goal is to reduce the planned payment amount, with the second - to shorten the loan term.

On the part of the borrower, when submitting an application, it is very important to clearly state what purpose he is pursuing. Otherwise, all amounts exceeding the monthly payment will simply accumulate on the borrower’s account (loan account) and will be written off by the bank according to the payment schedule, without affecting either the reduction of the planned payment or the shortening of the loan term.

A client’s application may serve as a basis for automatically changing the schedule, but not always. If this is not possible automatically (you should check with the bank), you need to get a new schedule.

An exception to the above situations is the method of repaying the debt by directly debiting funds from the borrower’s account (loan account or pre-specified when applying for a loan, for example, a deposit or card account). With this method, it is possible to write off without acceptance not only the scheduled monthly payment, but also the entire amount in the borrower’s account on the day of writing off. The specific condition and the procedure for its fulfillment must be reflected in the loan agreement, an additional agreement with the bank or in a separate application from the borrower, entailing a change in the terms of the agreement.

Direct debiting of the entire amount in the account on the payment date is quite convenient and usually entails an automatic adjustment of the loan repayment schedule. If only the planned amount is written off, it can be increased by writing a corresponding application to the bank and determining what goal you are pursuing - to reduce the loan term or reduce the amount of future planned payments. After the bank has executed the application, you must receive a new schedule.

Full and partial repayment

Full and partial repayment of a loan have slightly different goals. With full repayment, the problem of early termination of the contract in connection with its execution is solved. With partial repayment, the goal is to either reduce the monthly debt burden or shorten its overall term. From the point of view of the law, the borrower’s right to pay off his obligations ahead of schedule is in no way limited to the tasks being solved.

The procedure will look like this:

A statement of intention to partially or fully repay the loan is sent to the bank. Please note: when repaying a loan partially, it is necessary to indicate that the amount exceeding the planned payment must be used to repay the principal debt, otherwise it is possible that the bank will use it to repay interest. In case of full repayment, this intention must be indicated in the application.

The amount necessary for partial or sufficient for full repayment is deposited into the account.
After funds are debited from the account, in case of partial repayment, you should receive a new schedule; in case of full repayment, you should receive a certificate stating that the loan has been repaid in full.

Early repayment rules

For successful and profitable early loan payment, follow these simple rules:

Define, what goals and objectives you intend to achieve by paying off the debt in whole or in part.
Analyze whether achieving your goals will really be beneficial. Financial and credit consultations from specialists can help with this.
Explore terms of the agreement regarding the procedure for settlements and early repayment of obligations.
Execute calculations, determining the amount of partial/full repayment. When repaying in full, it is advisable to confirm the correctness of your calculations with the bank.
Prepare and send a statement of your intention to the bank. The period of 30 days is basic; it is often reduced by banks. The application form can be obtained from the bank or found on our website.
Enter into the account the required amount.
Make sure that the amount you contributed has been written off by the bank and used to pay off the debt. As a rule, the write-off date is considered to be the date of making the scheduled payment. Until this day, interest and commissions may accrue and will be required to be repaid.
Get a new schedule or document confirming full payment of your loan obligations.

Is it possible to repay the loan with smaller payments than written in the contract?

Repaying a loan with smaller payments than is written in the agreement and provided for in the schedule is a violation of the terms of the loan, which may entail the application of penalties. However, in some cases this is possible:

by agreement with the bank, which is properly executed (additional agreement, installment/deferred payment agreement);
in the case of using a loan account as a kind of savings account, for example, when you previously transferred larger amounts to the account than were provided for in the schedule, and the excess was not written off by the bank to repay the loan, but accumulated - in this situation, the main thing is that on the date of the next write-off there should be sufficient funds for planned repayment.

Is it possible to repay the loan in larger amounts and reduce the interest rate?

Partial repayment can solve the problem of either reducing the monthly payment or shortening the loan term. If this is not expressly provided for by the terms of the agreement or is not agreed upon with the bank in the process of fulfilling loan obligations, early repayment in itself cannot reduce the interest rate.

If we consider the goal of reducing interest as the goal of reducing the monthly payment, then this is achievable regardless of the payment system - annuity or differentiated.

Note:

if an annuity payment system is used, the reduction in the amount of interest paid in the monthly payment may not be particularly noticeable - the essence of such a payment system is affected;
with a differentiated payment system - when interest is charged on the balance of the debt - the amount of interest payments actually decreases significantly.

At the same time, when setting a goal to reduce the overpayment on the loan, which is formed by interest, it is better to resort to solving the problem of reducing the loan period. Obviously, the shorter the loan term, the faster the amount of the principal debt will decrease and the smaller the total amount of accrued and paid interest will be on the date of full repayment of the debt.

Refund of insurance upon early repayment of loan

Early full repayment of the loan is a legally significant fact that affects the terms of the insurance contract.

To get your insurance back, you must submit your claims:

Analyze the terms of credit and insurance. It is important to determine who the beneficiary is - a bank or an insurance company, how payment was made under the insurance agreement - the amount was immediately paid from the corresponding part of the loan funds or was transferred gradually along with monthly loan payments in the form of a fixed amount or as a percentage of the loan amount obligations.
Prepare and send an application for recalculation and return of insurance payments to the bank or insurance company - depending on who was the beneficiary. If the amount of insurance payments involves planned repayment during the loan term, then we are talking about termination of the insurance contract.
If you refuse to return insurance payments or ignore the requirement, the actions of the bank (insurance company) can be appealed in court. Our online duty lawyer is ready to promptly advise you on this issue.

There are several options for making calculations:

Use the calculator on the bank's official website.
Use the universal calculator for early loan repayment on our website.
Contact the bank and ask to calculate the amount.
Do the calculations yourself.

Using calculator services is the easiest way to make calculations. At the same time, it is possible to calculate and analyze various options, for example, based on your goal - to reduce the planned payment or the loan term. When contacting a bank, the service may be regarded as a paid service and a certain amount may be charged for it. Independent calculations require an understanding of the formulas used by the bank and do not exclude errors.

If you have any unresolved questions regarding full or partial early repayment of the loan, our online lawyer is ready to answer them immediately.

Most people cannot do without bank loans. In fact, only with the help of borrowed funds can many Russian residents afford large purchases, expensive repairs or purchase of housing.

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But if you have available funds, you can reduce the overpayment on the loan by repaying it early.

Before this, you must notify the bank of your desire to repay the debt ahead of schedule by submitting an application for early repayment.

What it is

When receiving a loan, the borrower undertakes to repay it in full within the terms established by the agreement, with the payment of interest, and observing the established payment schedule.

In most cases, repayment occurs in monthly installments. Each includes a portion of the principal and interest.

Interest is accrued for each day the borrowed money is used. As a result, the overpayment will depend on the amount of debt and the duration of use of the loan.

When concluding a loan agreement, the parties agree on the term of the loan, and it is on this basis that all calculations are made.

But the borrower’s situation may change and he may have additional available funds even before the loan is fully repaid.

In this case, he can use them to pay off the debt early and reduce the amount of the total overpayment.

There are two types of early loan repayment:

Credit cards work a little differently. After repaying the debt, the agreement on it is not closed automatically, and the client simply resumes the limit on the deposited amount.

Those. If desired, he will be able to borrow money from the bank again without additional trips to a credit institution.

Early repayment is possible at the request of the client. According to Russian laws, the bank does not have the right to prohibit it, introduce moratoriums, etc.

But the borrower must inform the credit institution in advance that he wishes to repay all or part of the debt ahead of schedule by sending a corresponding application.

It is important to follow the entire procedure for early repayment established by law, agreement and rules of a particular credit institution.

When repaying a loan early, the creditor bank is obliged to recalculate interest and it is impossible to change this condition in the agreement or other internal documents.

Important aspects

The early repayment procedure is voluntary. The client can continue to pay the loan in accordance with the payment schedule.

The bank has the right to demand full early repayment of the loan only if the borrower violates the terms of the loan agreement, in other words, if there are long delays.

But the bank has no right to refuse voluntary early repayment.

If the client does not notify the bank in advance of his desire to make an early repayment, the funds will simply remain in the account and will be debited only in the amount of the monthly payment. Interest will be calculated without taking into account any payment already made.

For this reason, it is very important to comply with the requirements of the law and timely submit an application for early repayment if you have the appropriate desire and opportunity.

Sometimes, after submitting an application for early repayment, a client’s plans change and he decides not to deposit money into the account.

Nothing bad will happen because of this, because... the application will simply be canceled and the contract will continue to be valid in its original form.

Early repayment is carried out only if the client’s account has the entire required amount on the date specified in the application.

If at least 1 kopeck is missing, early repayment will not occur. This must be taken into account, especially when sending money by bank transfer.

It is better to indicate a date 1-3 days later in the application or send the payment in advance so that technical difficulties do not cause the operation not to be completed.

The legislation allows, within the first 14 days of the loan agreement, to return the entire amount of funds in full and pay interest for using the loan according to the number of actual days that have passed since the loan was issued, without notifying the bank in advance, but it is better to do this to avoid controversial situations.

Current legislature

The possibility of repaying a loan taken ahead of schedule is provided for by the Civil Code of the Russian Federation and, in particular, this is directly stated in Art. 810 of this legislative act.

The right to early repayment of consumer loans is described in more detail in Article 11 of the Federal Law “On Consumer Credit (Loan)”.

It is these legislative norms that should be relied upon in the event of controversial situations arising during early repayment.

Submission rules

According to the general rules, the borrower must notify the bank of his desire to repay the loan early at least 30 days before the actual date of early repayment.

Many credit organizations reduce this period; for example, an application for early repayment of a loan at Sberbank can be submitted 1-2 days before the expected date of the operation. But it’s still better to do this in advance.

If the borrower wants to fully repay the debt ahead of schedule, the bank must send him a calculation with the payment amount within a maximum of 5 days after receiving the application.

In case of partial early repayment after its completion, the bank will have to issue a new payment schedule when the client applies.

The bank must be notified in writing; when submitting an application, you must ask to put a mark indicating its acceptance on a copy of the document.

This will avoid a situation where the paper is “lost.” Many banks allow such requests to be submitted through the Internet banking system.

For example, Sberbank clients can apply for early repayment of a Sberbank Online loan.

The law does not prohibit sending an application for early repayment by registered mail, but in this case it is necessary to take into account the additional time for delivery of postal correspondence and possible difficulties due to the chosen method of transmitting the document.

How to make a payment

Funds for early repayment must be in the borrower's account in full on the date specified by him.

If there is a shortage of even a small amount, the operation will not take place, and the funds will simply remain in the account.

You can deposit funds in any convenient way available at a specific bank (cashier, terminals, ATMs, transfers, etc.).

It is better to do this at least 1 business day in advance, and with a non-cash transfer of funds - in 3-5. Otherwise, the money may simply not arrive in the account on the specified date.

Monitor the receipt of payment additionally even before the early repayment date.

This can be done through online banking systems, in branches, by calling the customer support center and in other ways available to clients of a particular credit institution.

Video: Do I need to pay interest when repaying a loan early?

Sample application for early repayment of loan

You can find the application form at any branch of the credit institution where the loan was issued. Often it can also be downloaded from the bank’s official website.

It is enough to fill it with your data and information about the loan agreement and the parameters of the repayment being carried out.

The document must be signed by the borrower, otherwise it will simply not be accepted.

When drawing up your own application, you can use one of the samples, which can be downloaded, as a template. But it is still better to use the form of a specific bank.

Full

There is no need to indicate the amount paid in the application for full early repayment. All you need is a date and an indication that the loan will be repaid in full.

The borrower can quite easily make a mistake when calculating it for a specific date, and then the remaining few rubles will complicate life for both him and the bank.

After receiving the application, the bank will make all the calculations independently and send information about the amount required for early repayment.

Consider repaying the loan after closing the contract. This will simplify the resolution of possible disputes in the future.

Partial

Sometimes partial early repayment is allowed only on the date of the next payment; such a possibility is provided for by law.

When drawing up an application for partial early repayment of a loan, you must indicate the exact date and amount of the contribution.