These two ways of buying a house have different benefits. For example, if you have the financial ability, buying a house at one time is certainly better than mortgage, and you don't have to go through many loan procedures and repay interest, and the real estate can be listed and traded at any time. Of course, it is also beneficial to buy a house by mortgage loan. You only need to pay the down payment, and the rest of the money can be used to do something else at will, but the pressure of early repayment is great.

What should be paid attention to when buying a house by loan

1. Optimizing provident fund loans: There are three main ways to buy a house by loan, namely commercial loans, provident fund loans and portfolio loans. Among these three loan methods, the interest rate of provident fund loans is lower, so it is better if the buyers meet the conditions of provident fund loans. However, property buyers should pay attention to the fact that before applying for a loan, once the provident fund is withdrawn to pay the house payment, your account balance will be zero, so that the quota will also become zero, and you will not be able to apply for a provident fund loan.

2. Choose the right loan bank: If you buy a new house, some developers have cooperative banks, and buyers will be restricted from choosing loan banks, but most developers allow buyers to choose their own loan banks. The finer the variety of services provided by mortgage banks, the more flexible and diverse the financial services available to borrowers. Therefore, before applying for loans, buyers may wish to know more about several loan banks and consider from the perspective of borrowers. The more options they have, the better.

3. Pay attention to repayment on time: after the loan is processed, there is a fixed repayment date every month. Buyers should never miss the repayment date because of their own negligence, and pay attention to whether there is enough funds in their repayment account before the agreed repayment date every month to prevent default due to their own negligence.

4. There are restrictions on prepayment: In order to protect their own interests, ordinary banks are not allowed to prepay borrowers in the first year of repayment period. I suggest that friends who are ready to prepay the loan should apply for prepayment after one year of repayment. In addition, if it is partial prepayment, the amount to be repaid should be more than six months.