Read the blog that meets by chance, and carefully compare the differences between China and Germany and housing provident fund loans.
If I want to borrow 6.5438+0.2 million from China and Germany, it is certainly not enough to buy a house, but because I want to deposit 6.5438+0.2 million, I only have this ability at present. Save 5000 yuan every month, and you can get a loan after two years. Taking Sino-German AB contract as an example,
The contract amount is 240 thousand
The minimum monthly deposit is: contract amount *8 1000= monthly 1920 yuan (I am qualified).
The deposit interest rate is: 0.5%
The loan interest rate is: 3.3%
The monthly repayment amount is: contract amount *6 1000.
Next, let's calculate your loan costs in China and Germany:
Two-year deposit interest: 5000*300*0.5=625.
Government Award: 5000 * 300 *1.5 =1875.
The total interest is: 625 1875=2500 (before tax, it may not be that much except tax).
Sino-German Association will charge service fee: 240,000 *1%= 2,400.
2500-2400- Tax =0
In other words, saving money in China and Germany is equivalent to giving all your hard-earned money to others without any interest at all. Of course, the interest rate on your loan is very low. Let's see how much discount it will be.
The loan is 654.38+0.2 million yuan, and we assume that the repayment will be 654.38+00 years. Of course, China and Germany may not let you return it so late, and you may have to return it to others after eight years. Why? After 10 years, the equal amount of principal and interest shall still be paid 14 1050.47 yuan, that is, 1 175.42 yuan per month. But according to the contract, you actually have to pay at least 1440 yuan every month. If you have other loans at this time, for example, you borrowed 20 yuan with a provident fund loan. In this 10 year, if you want to have children, you will have to spend money on food, clothing, use and school. With your own house, the cost of water and electricity will also rise, and the living standard will be improved to a certain extent during 10. If so, you will be very tired.
We are studying provident fund loans,
After May 2007 19, the loan interest rate for more than five years was 4.86%, and now the bank deposit interest rate is 2.07%.
Interest after one year: 5000*78*2.07=672.75. You already have 60 thousand, and then you save this 60 thousand for one year In this year, you will deposit 5000 yuan in the bank every month. There will be interest of 672.75 plus one-time interest of 60,000. 1836,
The total interest is 672.75 * 21836 = 3181.5 (before tax).
After 10 years, your matching principal and interest repayment amount is 15 1750.84. Monthly 1264.59, although the total interest generated by151750.84-141050.47 =10700.37 does not include the 3,000 yuan given to you by the bank. 10 will have an extra mortgage of 7700 yuan. One year in 770 yuan. Because after all, the interest rate is high, but your monthly repayment amount is less than that of China and Germany, and you can choose to pay it back in 20 years, so the monthly repayment amount is even less, and you can pay it back in advance if you can. This will greatly reduce your stress,
Friends who need a loan don't know if they will help you. What kind of loan is more suitable for you? You can think it over before making a decision.
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The above is a transcribed text that has been kept in my computer for a long time. I hope it works for you. Personally, I think the house in Yangcun is too expensive.