The best way to repay the mortgage is to use the loan with the least down payment for the first suite and the most leverage, choose the 30-year equal principal and interest method, refuse to repay in advance, and accumulate funds to improve the investment opportunities for the second suite. Then, as a family financial management, you should usually reserve some assets that can be realized quickly in the form of cash, stocks and wealth management products.

If your bank account manager tells you that he is willing to provide you with a six-month installment loan at a handling fee rate of 3%, you will get 6% if you convert it into 12 months, and double it to 12%, that is, the account manager intends to lend you a sum of money at a loan interest rate of 12%. It's up to you to decide whether it's worth it or not, but don't think you're paying 6%.

You may not need to pay by credit card, but the car loan is calculated according to the handling fee. At this time, the calculation method is completely consistent, and the real interest rate of car loan is twice the nominal handling fee.

For your provident fund loan, the first loan is based on the maximum loan amount, and the second repayment is based on the principle of not leaving a penny in the provident fund account, so try to repay in advance. Finally, credit card installment is not necessarily fraud, but when you use credit card installment as a family financial plan, remember that the money you borrow is not a nominal handling fee, and the real interest rate should be doubled. Use this real interest rate to make your family financial plan.

Maybe I can only save you 1% of the money every year, but because of the huge base and millions of loans, this is not a small amount in three to five years, and you are proficient in financial management, and you have slowly opened a big gap with your peers.

After applying for a loan to buy a house, how can I easily repay the mortgage?

After applying for a loan to buy a house, many borrowers feel that their daily goal is to repay the mortgage, and they are constantly trying to repay the mortgage, even a little numb. Today's task is to teach you how to repay your mortgage easily. It is necessary to choose the repayment method that suits you, which can save you a lot of costs. Not only that, you have less mortgage, and you feel full of vitality.

(1) High-income people-equal principal repayment

Why do high-income people choose the average capital repayment method? It is because the repayment pressure of equal principal gradually decreases with the increase of the borrower's loanable years. In short, with the passage of time, the repayment pressure of borrowers will be reduced. This is because interest is decreasing. At the initial stage of repayment, the monthly repayment amount that the borrower needs to pay will be higher than the matching principal and interest, so the matching principal repayment is more suitable for people with high income and low repayment pressure.

(2) people with stable income-equal repayment of principal and interest

People with stable income choose equal repayment of principal and interest, mainly because the monthly repayment amount is fixed, but the proportion of principal in the monthly repayment amount will increase month by month, while the proportion of interest will decrease month by month. Therefore, it is beneficial for borrowers with stable income to choose equal principal and interest repayment.

(3) Small enterprises or individual operators-one-time repayment of principal and interest.

Small enterprises or individual operators can reduce the repayment pressure by choosing one-time repayment of principal and interest, and one-time repayment of principal and interest means that the borrower needs to pay off all the money at one time on the loan maturity date.

(4) Young partner-installment repayment method

In the installment repayment method, the borrower can have a grace period of 3-5 years, and the repayment amount required by the borrower will be less at the beginning of repayment, but with the passage of the loan period, the repayment amount required by the borrower will continue to increase until all the money is paid off successfully. This is based on the fact that young partners have just joined the work, and the funds at hand are relatively tight.

Remind that the choice of repayment method is actually related to the actual situation of the borrower to a large extent. Borrowers need to consider carefully when choosing repayment methods.

How to repay after using the house as collateral?

The steps are as follows:

1. One-time principal and interest repayment method: At present, the bank stipulates that the loan period is within one year (including one year), so the repayment method is one-time principal and interest repayment at maturity, that is, the initial loan principal plus the interest of the whole loan period.

2. Matching principal and interest repayment method: The term of mortgage loan for individual house purchase is generally more than one year, so one of the repayment methods is matching principal and interest repayment method, that is, from the second month of using the loan, the loan principal and interest are repaid in equal amount every month.

3. Average capital repayment method: The basic algorithm principle of the average capital repayment method is to repay the loan principal in equal amount on schedule during the repayment period, and at the same time pay off the interest generated by the unpaid principal in the current period. Repayment methods can be monthly repayment and quarterly repayment. Due to the requirement of bank interest settlement practice, quarterly repayment is generally adopted.

Housing mortgage loan refers to a loan that an individual pays a certain proportion of down payment when purchasing a house with property ownership certificate and a house or commercial house that can be traded in the market, and the rest is applied to a cooperative institution with the property to be purchased as collateral.