If you want to pay off your mortgage in one lump sum, here are some suggestions for you:

1. The loan term is 30 years. If the average capital is chosen as the repayment method, because this repayment method belongs to early repayment of principal, the principal to be repaid also decreases with the increase of time. Therefore, under this repayment method, it is recommended that you do not exceed the average loan life, that is, 15 years. It will be more cost-effective to repay in advance. If this time limit is exceeded, it will be unnecessary.

2. After 30 years of loan, if you choose the repayment method of equal principal and interest, because the repayment amount is the same every month, in this case, it is recommended that you pay off the mortgage in one lump sum after 15-20 years. If your current repayment time has exceeded 20 years, the remaining amount is actually paid off slowly, and there is no need to repay the mortgage in advance.

Second, it is the most cost-effective to pay off the 30-year mortgage in a few years.

If the loan is repaid with equal principal and interest in 30 years, 15 to 20 years is the most appropriate; If it is the repayment method in the average capital, it is most appropriate to pay it off within fifteen years. But now the income of ordinary people is generally rising, while the currency is constantly depreciating. For these reasons, some people prefer to invest their surplus funds rather than repay their loans. How to pay off the loan depends on the individual's economic ability. If the wealth management income is higher than the interest, there is no need to pay off the loan in one lump sum for the time being. On the contrary, it is recommended to pay off the loan first.

Choosing a loan to buy a house in this way means living as a "house slave" in the future. Most people will consider paying off the loan in advance after the economic conditions improve to reduce the pressure. Then let's take a 30-year mortgage as an example. How long will it take to pay off in one lump sum? It is popular to plant low-carbon trees to meet the needs of economy. One tree yield 198, 270 yuan cycle 2700, ten trees have different returns. You can learn directly from Baidu (Lin), and it is not a problem to increase thousands a month.

First of all, there are two repayment methods of mortgage, namely, equal principal repayment and equal principal and interest repayment. In general, Bian Xiao doesn't advise you to pay off your mortgage in advance. Because we borrow money to buy a house, the mortgage is fixed, the money is depreciating and the salary is rising. Maybe after twenty or thirty years, your monthly payment will be nothing in your income, so in this case, it is absolutely cost-effective to buy a house with a loan, and the longer the loan, the more cost-effective, so it is not recommended to repay in advance.

So if you really want to pay in one lump sum, here are some suggestions for you:

1. The loan term is 30 years. If the average capital is chosen as the repayment method, because this repayment method belongs to early repayment of principal, the principal to be repaid also decreases with the increase of time. Therefore, under this repayment method, it is recommended that you do not exceed the average loan life, that is, 15 years. It will be more cost-effective to repay in advance. If this time limit is exceeded, it will be unnecessary.

2. After 30 years of loan, if you choose the repayment method of equal principal and interest, because the repayment amount is the same every month, in this case, it is recommended that you pay off the mortgage in one lump sum after 15-20 years. If your current repayment time has exceeded 20 years, the remaining amount is actually paid off slowly, and there is no need to repay the mortgage in advance.

Third, how many years should I pay attention to paying off the most cost-effective mortgage?

If your income ability is available, it is suggested to adopt the average capital repayment method, and pay back some money in advance every year from the second year. In this way, your interest will be less!

What is the most cost-effective year to pay off the equal principal and interest of the mortgage in 4.30 years?

Don't ask this question, it is most cost-effective to supply all the time. Whether it is mortgage or other loans, it is a rule made through a series of data, which we can't count. If early repayment within 10 years is considered and the monthly repayment ability is strong, then the average capital can be selected. This way, the interest is relatively small.