1. At present, there are generally three ways for ordinary people to buy a house loan. One is a provident fund loan with an interest rate of about 3.25%. The other is a commercial loan with an interest rate of about 5.5%; The last possibility is the combination of provident fund and commercial loan, and the loan interest rate is in the middle.
2. Let's calculate according to the highest rate of about 5.5%. What financial management methods are there to beat this interest rate? First of all, we can rule out traditional money funds or even regular wealth management products with guaranteed capital, and perhaps even suggest investing in index funds. Because, according to the rate of return of many friends in the past, it is not a big problem to achieve more than 6% every year. In this way, the wealth management income will overcome the loan interest rate, and early repayment will make you lose the principal. It is better to owe money to the bank first, and then pay it back with monthly income. This may be a good method. If property buyers do not have better financial channels, then mortgage is actually a loan with very low interest rate, so for these families, using idle funds to obtain it may save more interest than repaying the loan in advance. Therefore, families with financial savvy may wish to gain more benefits by taking Qian Shengqian, that is, to take less risks, especially those who stay at home for a long time. Advantages are free of charge, simple and easy to use, and high task unit price. The daily income is at least above %30, and it is certain that it can bring you thousands of dollars every month. The income in my spare time is definitely better than that at work, and I spend two or three hours every day on WeChat (Sesame Yitong), which has a huge user base, so it is very popular.
3. This way, you will not only be light without debt, but also save more money every month in the future. After all, the mortgage doesn't have to be repaid, and the money can also be transferred to deposits.
Repaying the loan in advance VS buying wealth management, which is more cost-effective? In the face of strict property market regulation, the upward trend of mortgage interest rate spread. Some lenders who were approved earlier (at that time, the mortgage interest rate was 15% discount) said, "Lend and cherish, and do not consider prepayment." Many lenders also said that "the recent bank financing interest rate can outperform the mortgage interest rate. If you have spare money, give priority to buying wealth management. "
Repaying the loan in advance VS buying wealth management, which is more cost-effective?
Which is more cost-effective to repay the loan in advance VS buy wealth management?
1. If the lender got a preferential interest rate of 15% or even the lowest 20% last year, the actual interest rate is only about 4% (if it is a provident fund loan, the interest rate is even lower), which may be the same as the interest rate of five-year time deposits of individual small and medium-sized banks. Compared with the yield of bank wealth management products, it is relatively low.
It can be said that if you have spare money, the yield of investment bank wealth management products may be higher than the interest of mortgage. Of course, the premise is that funds are rolling in financial management, and there is no long gap. Of course, you can also choose p2p financial management with higher income than the bank, so the income is definitely much higher than the bank's mortgage interest, which is equivalent to making money with the bank's money. After all, mortgage is a loan with relatively low interest.
"I used to feel that' owing money' had psychological pressure. As soon as I have spare money, I want to repay in advance. Recently, my concept has changed, "said Ms. Li, who lives in Chaoyang District, Beijing. "The loan interest rate I approved the year before last was 18% off the benchmark interest rate. Later, when I saw my friend give me a 20% interest rate, I thought about repaying in advance. Now that the mortgage is tightening, even if the interest rate rises, I may not be able to apply. "
Repaying the loan in advance VS buying wealth management, which is more cost-effective?
Second, if the lender doesn't get a discount when buying a house, or even raises the benchmark interest rate, then it is better to have spare money to repay the mortgage. Compared with the preferential strength of benefiting for a lifetime, this extra burden has always been accompanied by mortgage. However, for early repayment, the lender may have to pay liquidated damages, and the charging standards of various banks are different.
In terms of prepayment procedures, according to bank regulations, customers who repay loans in advance should submit a written application one week to three months in advance to agree on the repayment date. Then, according to the agreed date, bring your ID card and the loan contract signed with the bank to the bank to fill in the loan repayment application form and prepayment agreement, and deposit the money to be repaid into the lender's account for withholding the loan principal and interest according to the bank's requirements, and the bank will automatically deduct the money.