The loan period is how long this lever is shaken. The longer you shake it, the greater the income and the greater the risk. Suppose you can afford to pay 5000 yuan a month and 5000 yuan a month for 20 years and 30 years, the house you can buy will be different. In the same location, a loan of 30 years can buy a better or bigger house than 20 years, and such a house will appreciate faster.
First, cash can be used as an investment.
Loan for 30 years, cash can be used for investment, with financial vision. It is better to spend more money on investment and financial management. At present, the basic interest rate of banks is 4.9%, and the annualized interest rates of many p2p platforms in the market are basically 6%, and some are higher. Choose a large and stable investment platform and control risks. In this way, the extra price difference is earned.
Second, inflation.
People who have borrowed for 30 years have a long-term vision. Once they apply for a mortgage, it won't change, but the economy is developing, wages are rising, the RMB is depreciating, and inflation in China is very serious. Twenty years ago, they borrowed 50,000 yuan for 30 years and paid 265 yuan a month. Now it's only worth a meal, now it's 654.38+0 million, and it may only be worth hundreds of thousands in 30 years. Therefore, the longer the mortgage time, the better!
Third, the monthly supply pressure is small.
Really have no money. The reasonable line for monthly payment is 50% of monthly income. If it exceeds 50%, the quality of life will decrease and the happiness of life will decrease. Under the same loan amount, the repayment pressure in 30 years will be less.
From the perspective of inflation, the purchasing power of 100 yuan this year is definitely stronger than that of 100 yuan next year. Even if it is not used for investment, it is cost-effective to use your working capital for consumption. However, to leverage real estate as much as possible, we should not overestimate our repayment ability, because high leverage is based on the preservation and appreciation of real estate. Once the real estate goes down, we should also control the risks within our control.