Be reasonable and borrow money from relatives, especially from elders. Many people have the idea of taking advantage. I always feel that elders should give themselves a lot of benefits and will not ask too much of themselves. Therefore, when the nephew borrowed 850,000 yuan from his uncle to buy a house, his uncle offered to pay 1.5 cents interest every year. Maybe this nephew thinks it's too much. But to a certain extent, this uncle's approach is very correct. Because on the one hand, my uncle helped my nephew, on the other hand, he fixed the fact of borrowing money, and more often, he could block the leisurely crowd of others.

Is the annual interest rate of 1.5 high? The actual annualized interest rate is 1.5% per year. If all of us go to the bank to deposit loans, we will understand that this interest rate is really too low, because if my uncle refuses to lend money to my nephew and takes the money to the bank for time deposit, no matter what kind of deposit products we deposit, the annual interest rate will be higher than this 1.5%. Moreover, the bank guarantees capital and interest, which is very safe. Isn't this much better than lending money to others to take risks?

Only from this behavior can we see my uncle's love for his nephew. 850 thousand, that's a lot of money. Except in first-tier cities, this 850,000 can cover the down payment of a new house. To a certain extent, my uncle bought a house for my nephew and made a down payment. It is because this house will be used as a new wedding room in the future and has made such great efforts. The next generation can't even afford the down payment, nor can their parents afford the down payment, and they still need to open their mouths to their uncles. Isn't this gratitude?

In fact, on the other hand, my uncle is also prepared. If you don't ask for interest, it may be unclear in the future. Because interest can be clearly defined, this is a loan, and it needs to be returned with interest in the future. Then the most favorable evidence is the interest money that my nephew pays back to my uncle every year. If there is no agreement, without this evidence, it is possible to say that it is current money or other money when collecting accounts in the future. It can be said that sometimes things between relatives are awkward, and minutes are the default.

On the other hand, my uncle also has a family, as well as his aunt and cousins. Is it necessary to discuss with my family when lending such a large sum of money to my nephew? So it's easy to discuss if we reach an agreement on interest? Therefore, it is wise for my uncle to make such a suggestion, which shows that he is willing to lend money to support his nephew to buy a house and get married, but he can also leave himself a way out and block his family's mouth. Now it is a market economy, and sometimes it is not so easy to borrow money. If someone is willing to borrow money and wants such a low interest rate, it should be commendable.