When buying a house, most people will choose to apply for a mortgage loan. At that time, they only knew the importance of housing provident fund. After working for so many years, they have never considered housing provident fund. When buying a house, they found that using housing provident fund as a loan is much more cost-effective than commercial loans, so if you want to be more cost-effective, you'd better choose provident fund loans!

Generally speaking, the duration of commercial loans is different. Most people will borrow 30 years, but some people will borrow 65,438+00 years. The longer they live, the more interest they may get. We need to comprehensively consider our own economic ability and determine the life of commercial loans. Of course, there are two repayment methods for commercial loans: average capital and equal principal and interest. In the case of average capital, the initial economic pressure is slightly greater, but many people say that average capital is very cost-effective. If it is repaid in 30 years, the interest on average capital will be tens of thousands less than the principal and interest of the same amount. If our economy is a little difficult to turn around at first, I think we can choose equal principal and interest. After all, banks can accept prepayment at any time now, so it depends on the individual's economic situation!