Mortgage is a commercial loan with high interest rate.

Loan conditions of mortgage loan: legal status; Have a stable economic income, have the ability to repay the loan principal and interest, and have no bad credit record; There is a legal and effective purchase contract; If the newly purchased house is used as the maximum mortgage, it must have a legal and effective purchase contract, the age of the house is within 10 years, and the down payment of not less than 30% of the total price of the purchased house has been prepared or paid; If the mortgage loan has been purchased, the original mortgage loan has been repaid for more than one year, the loan balance is less than 60% of the value of the mortgaged house, and the mortgaged house has obtained the property ownership certificate, and the age of the house is within 10 year; Being able to provide effective guarantee recognized by the loan bank; Other conditions stipulated by the lending bank.

First of all, the mortgage loan and mortgage loan are both 400 thousand, 20 years. The monthly repayment amount is calculated according to the benchmark interest rate of 6.6, and the monthly repayment amount is 3006 yuan, which is the same.

It is not ruled out that the interest rate of personal education may rise. Now most banks have cancelled the downward float, so don't expect interest rates to fall too much.

The loan period shall not exceed 35 years in principle, and the age and loan period of the lender shall not exceed 65 years. The longest mortgage loan is 20 years. Take the smallest of the three. The specific situation of each city is not exactly the same, and it may fluctuate. I suggest you find a professional to do this, such as a second-hand housing agent to assist you. The interest rate may be lower and the loan term may be longer.

Mortgage or mortgage, which is cost-effective

The repayment method of mortgage loan is generally five-year credit, with interest paid every month. When the principal needs to be repaid in one year, the bank will reissue the loan within the quota. This repayment method needs a lot of money. When you return the principal every year, you need to prepare the principal and return it to the bank at one time. It is difficult for ordinary families to come up with such a sum of money. At the same time, the annual repayment will involve the annual loan, and the bank cannot guarantee the smooth issuance of the annual loan. In case the bank policy is adjusted and the loan cannot be realized, the borrower will be under great pressure. Housing mortgage is different. As long as the borrower repays the loan on time after buying a house, then the bank will not ask for repayment in advance. Because of the long term of housing mortgage loan, the monthly repayment pressure of borrowers is small.

2. From the perspective of loan use.

The original intention of different loan products is to have corresponding use considerations. For example, mortgage loan, because the term of mortgage loan is short, is designed for business operation when developing this product. Because the business will generate a certain amount of cash flow, the business has the ability to repay the loan principal after the maturity every year. There are great risks in the operation of enterprises, so the short term of mortgage products means that there are unpredictable risks in the operation of enterprises in the next few years, which will affect the subsequent repayment. The purpose of the mortgage loan product itself is to buy a house for buyers. The mortgage loan has a long term, and the borrower's repayment pressure is small, which meets the actual needs of buyers.

In 2022, which is more cost-effective, mortgage or mortgage?

House mortgage loan is more cost-effective.

From a purely numerical point of view, the mortgage interest rate is more cost-effective. Mortgage interest rates 4.2, house mortgage interest rates 5.73. In fact, house mortgage loan is more cost-effective. Mortgage loan requires the house to be purchased in full, forming a mortgage. For mortgage loans, we can apply to the bank for 80% or even 70% of the amount.

Mortgage loan is a personal housing loan business in which buyers use the purchased houses as collateral and the purchased real estate enterprises provide phased guarantees. Mortgage loan is a loan obtained from a bank with a certain amount of collateral as guarantee.

Is mortgage good or mortgage good?

Mortgage and mortgage depend on the annual interest rate to decide which is more cost-effective. Usually, the interest rate of housing loans is relatively low, so housing loans will be more cost-effective.

About buying a house loan.

Housing loan refers to the loan business in which the buyer applies for a loan from the bank to pay the purchase price with the building traded as collateral, and then the buyer pays the principal and interest to the bank in installments. Also known as mortgage loan. The process of buying a house by loan is: preparation before house inspection-field house inspection-lottery, house selection-subscription, down payment-online signing, contract signing, down payment-loan-house inspection-tax payment-house book. These processes will be described in detail below.

The specific process of buying a house with a loan

(1) Before preparing to look at the house, you must first determine the type of real estate you want to buy, and then allocate funds reasonably according to the type of house you want to buy.

(2) See the house on the spot to understand the specific situation of the whole building. If you buy an existing house, you can intuitively see the structure and apartment type of the house, and you can also ask the property consultant about the surrounding facilities and planning and construction. If it is an auction house, you can only look at the floor plan to understand the structure of the house. As the surrounding facilities are still under planning, property buyers can check the surrounding planning documents.

(3) house number arrangement and house selection. For some centrally opened properties, developers will require buyers to number the houses, and then choose houses according to certain rules when the real opening day comes. When choosing a house, buyers can make a backup plan in advance, mainly from the following six aspects, including location, price, surrounding municipal planning, environmental support, housing structure and orientation, and property management.

(4) Subscription and deposit Before choosing the house to be subscribed, the buyer needs to prepare the materials for the qualification review of the house purchase in advance, sign the subscription book and hand it over to the staff of the developer. At the same time, a part of the deposit will be paid at the time of subscription. The deposit has a receipt (UnionPay receipt), and the amount paid by the deposit does not exceed 20% of the total house price specified in the contract.

⑤ After the online signing, signing and down payment are submitted to the house purchasing qualification review, the review results will be issued within 10 working days. If approved, the developer will inform the buyers to sign the purchase contract. (Xianfang: Xianfang sales contract; When signing a house purchase contract, we should pay attention to whether there are blank clauses in the contract, whether the rights and obligations in the supplementary agreement are equivalent, whether the liability for breach of contract and compensation are clearly written, and whether the delivery date and delivery standard are clear. Pay the down payment. Generally, there will be a pos machine in the sales office. The UnionPay receipt paid by credit card should be kept away, waiting for the developer to issue the down payment invoice. Usually you can get it on the same day.

⑥ Loan If a bank staff is stationed in the sales office, the buyer can hand over the prepared materials to the bank. The lending time is related to the processing speed of banks and the capping of buildings. Take Beijing as an example. In the case of auction, after the loan time of commercial loans and municipal provident fund loans is capped, the mortgage time of state-managed provident fund loans has nothing to do with capping or not.

⑦ Buyers need to wait for the developer's notice to close the house, and pay attention to the closing time. When inspecting the house, you should carefully check every detail of the house, or you can find a professional to inspect the house. Look up "three certificates, two books and one table" If the developer can't produce these documents, he can refuse to accept the house.

After paying taxes and collecting the house, you need to go to the local taxation bureau to pay taxes. Generally speaking, commercial housing needs to pay deed tax and residential special maintenance fund, and then pay property fees, heating fees, parking spaces and other fees.

Pet-name ruby for housing loans to buy a house, property buyers just need to hand over the preparation materials to the developer. Under normal circumstances, the housing will be released within 180 days (existing house) -270 days (forward house) from the date of occupancy.

Matters needing attention in buying a house by loan

1 Personal credit record A good personal credit record is very important. If there is a six-month overdue record for three consecutive months, then basically the bank will not give you a loan.

2 proof of income the proof of income should cover twice the liabilities in the name of the individual, and the month of bank flow should be issued according to the requirements of specific banks.

(3) Keep the shopping invoice. Invoices for housing loans include down payment invoices and loan invoices. If you buy an existing house, you need to pay taxes with these two invoices when you pay taxes; If the purchase is faster, there is a difference in area, developers will generally re-open a down payment invoice to recover the previous invoice. If the down payment invoice is accidentally lost, the developer will not change the invoice, and the buyer needs to go through the formalities of missing the invoice, because there is no way to make up the invoice.

4 Provident fund loans It should be noted that provident fund loans need to be paid in full for 12 months continuously, and they are still being paid before applying for loans. Compared with commercial loans, provident fund loans take a relatively long time.