10 years ago, Xiao Ming and Xiao Wang also bought their first suite in first-tier cities. Xiaoming borrowed 340,000 provident fund at that time, and paid back 2 100 to 2,200,20 years every month. Around 2004, Xiao Wang chose to repay the loan in advance, but Xiao Ming saw that the house was easy to rent and bought a small apartment for rent.
First, the currency is depreciating.
In fact, the above example can well explain the benefits of buying a house with a loan and why not buy a house in full. There is a simple reason. The currency is depreciating and your income is rising. For example, the mortgage of that year did cause great trouble and pressure to Xiaoming, but after 10 years, the money was nothing, especially after 20 years.
In this way, 100 RMB will become less and less valuable in 10 years or even 20 years. In addition, based on this calculation, if you buy a house, mortgage it for 30 years, and make a monthly repayment of 10000 yuan, then after 10 years, your actual monthly repayment amount is only half of the mortgage time, that is, 4800 yuan per month.
Second, mortgage is the cheapest loan.
Some property buyers said that it is best not to find a bank loan to buy a house, because it needs to pay a lot of interest to the bank, so is the bank's money worth the loan? Through comparative analysis, you will know that the actual interest rate of credit card deferred repayment is generally around 18%; Borrowing money from P2P platform, the annual interest rate is generally 25% to 40% or even higher; If it is private financing, the annual interest rate will be higher.
Buying a house with a loan really needs to pay a lot of interest to the bank, but to put it another way, if you don't buy a house in full at one time and use this 654.38+0 million to manage money, as long as the income is 5.2% to 5.8%, then the monthly income will be enough for the house. That is, 30 years later, you not only paid off the loan, but also retained the principal of 654.38+0 million.
This is the whole content of this article. It seems reasonable for people who know something about real estate not to recommend buying a house in full, because from the above example, if the loan is used well, it is equivalent to earning 6,543,800 yuan in vain. More importantly, by lending, you can have extra funds to deal with sudden risks, and you don't have to borrow money at a high price when you need it urgently, which can be described as killing two birds with one stone.