With a little spare money in hand, many friends will repay the mortgage in advance, but I don't recommend repaying the mortgage in advance. Because I have a mortgage to repay and spare money in my hand, I have considered repaying the mortgage in advance before, but I think it is not appropriate to calculate an account myself, so now I take all the money to do something else. Let me talk about my feelings.

1. At that time, my mortgage interest rate was 1 times the benchmark interest rate. At that time, I felt a lot of pressure. I always wanted to pay back the money in advance if I had money. Later, the mortgage was paid for one year, and the second annual interest rate changed, which was 4.9% of the benchmark interest rate. The pressure is greatly reduced. This is also the reason why I can't get a loan product with lower interest rate.

I don't know how to repay your loan for several years. If you repay the loan principal and interest, which exceeds 1 on the repayment date, if you repay the loan principal, which exceeds 1 on the repayment date, there is no need to repay in advance. You pay back the interest first, and then the principal.

3. Currency devaluation. I believe everyone has an idea of what you can buy before 65,438+000 yuan. What can I buy now? You can compare the current 1000 yuan with the 1000 yuan in 20 or 30 years.

4. Repayment in advance. Generally, loan contracts are liquidated damages, and even in some places, the liquidated damages of loan contracts are very high, so there is no need to pay more.

If you really don't have a high-yield mortgage lender, and there are many wealth management products with higher repayment interest, but you are not a good wealth manager yourself, you may wish to consider prepayment. And when the loan interest rate rises, repay in advance according to the situation.