House is the destination of our life, so most people who wander outside will try their best to give themselves a shelter from the wind, but buying a house is not an easy task, especially in big cities, and they have to be heavily in debt if they want to buy a house. Now most people buy a house with a down payment, and others are loans. Moreover, the interest rate of bank loans is simply too high, which makes everyone complain. In order to pay less mortgage every month, many people want to use the provident fund to buy a house because the interest rate of the provident fund is relatively low.

One: If you have spare money, you can repay the loan in advance. Use the provident fund to buy a mortgage, and you can repay the loan in advance when you have money in the future. The premise is that under the premise of ensuring life, if you have spare money, you can repay the loan in advance. Although the interest rate of the provident fund is relatively low, it also has interest. As long as there is interest, it means paying more. If there is more money, there will be no interest directly.

Two: the provident fund is the lowest interest rate. If you don't have much money in hand and have a hard time, it is still not recommended to pay it in one lump sum. You know, we have been borrowing money from banks all our lives, and only this time can the interest rate be so low. The money in hand can be used for other things, so that you have more money. One-time return, what should I do if I need money? These are all practical problems that need to be considered.

Three: the provident fund is the most cost-effective. Buying a house with a commercial loan is a loss, especially in the early stage. Most of my repayments are interest, and the principal I can repay is very small. Therefore, it is very cost-effective to buy a house with provident fund. The balance in the provident fund account can also be directly deducted from the mortgage, so there is not much pressure on your life.

Everyone knows that it is cost-effective to use the provident fund to buy a house, but there are requirements and strict requirements for using the provident fund. Therefore, for friends who want to use the provident fund to buy a house, it is best to know in advance whether their provident fund does not meet the loan standards.