The advantage of matching principal and interest repayment is that the monthly repayment amount is the same, which is easy to remember, the monthly repayment amount in the early stage is small, and the repayment pressure is small. This repayment method can generally apply for a longer loan term, mostly 10 years or even longer, so the repayment pressure is reduced, which is suitable for customers with longer project cycle and slower repayment.

Which method of mortgage loan is cost-effective: Housing provident fund loans have residents who pay provident fund. When buying a house, they can give priority to provident fund loans, because in addition to policy subsidies, the loan interest rate is still low, and the interest rate is only half that of commercial loans.

What kind of loan is the most cost-effective for buying a house (1): This loan repayment method is more suitable for young people.

Which bank loan is more cost-effective?

Which method of mortgage loan is cost-effective: Housing provident fund loans have residents who pay provident fund. When buying a house, they can give priority to provident fund loans, because in addition to policy subsidies, the loan interest rate is still low, and the interest rate is only half that of commercial loans.

Provident fund loans are the most cost-effective. If it is a commercial loan, then choose the repayment method of equal principal and interest, and the interest of this house will be less. When the funds are sufficient in the later period, you can repay in advance. After repayment, you can choose the fixed number of years and keep the monthly payment unchanged. So the interest is less.

Local support banks If lenders can't apply for mortgage loans in the four major banks, they can choose banks with policy support in some places. For example, a lender in Dalian can apply for a loan in bank of dalian. As a local, bank of dalian usually gives some preferential loan interest rates.

Which method of mortgage loan is cost-effective?

There are several ways to buy a house by loan: housing provident fund loan; Personal housing commercial loans; Personal housing portfolio loan. Housing provident fund loan: If you are a resident who has paid the housing provident fund, then when buying a house with a loan, introduce a low-interest housing provident fund loan as the first choice.

If there is provident fund, it is most cost-effective to use provident fund loans, because the interest rate of provident fund loans is much lower than that of commercial loans. However, the prerequisite for provident fund loans is that housing provident fund must be continuously deposited before applying for loans, and the continuous deposit time is not less than 6 months.

Which loan method is more cost-effective? Of course, provident fund loans are cost-effective. If the amount of the provident fund is not enough, then the consolidated loan is also a part of the provident fund and a part of the commercial loan. There are two repayment methods, one is average capital, and the other is equal principal and interest.

If the borrower chooses the repayment method of equal principal and interest, it is suggested to pay off the loan within 1/3 of the total repayment period. If the mortgage is 10 years, it is most cost-effective to pay it off in the first four years of the repayment period.

So much for the introduction of loan methods.