Hello! Thank you for inviting me. Here, the title of "installment payment" is simply understood as mortgage purchase. If only from the perspective of "saving money", the total cost of buying a house in full is more cost-effective than buying a house by mortgage.

Full house purchase and mortgage house purchase are suitable for different family economic conditions. In terms of benefits, mortgage to buy a house can really solve the economic problems of families who have housing demand but can't afford the full amount at the moment. Of course, "borrowing money" to buy a house always pays some price.

So there is no absolute definition between the two, and the application is different:

For families with good family economic conditions, it is always more cost-effective to buy in full after the full purchase will not have much economic impact on daily life. For families who just need to buy a house, but have a tight economy and a relatively stable source of income, it may be relatively more realistic to choose a mortgage to buy a house. In addition, it should be reminded that even mortgage to buy a house will have a relatively economical and expensive choice. Note two points: 1. There are two ways: one is equal principal and interest, and the other is average capital.

Matching principal and interest means that the total monthly repayment is fixed, but most of the early repayment is interest, and the proportion of principal in the later period is gradually increasing. Average capital means that the amount of principal repaid each month is fixed, but the total amount is variable. The total amount is high in the early stage and low in the later stage. In these two ways, "equal principal and interest" is higher than the total interest paid by "average capital". The advantage of matching principal and interest is that the monthly repayment amount of matching principal and interest in the previous period is lower than the average capital, which is suitable for families with low or unstable monthly income.

2. From the interest rate, it can be divided into fixed interest rate and floating interest rate.

Some time ago, the state issued a policy to reduce the interest rate of the first home loan. Many netizens are asking whether they will reduce the monthly repayment amount. It depends on the agreement on interest rate when signing the contract at that time.

Fixed interest rate means that the interest rate is fixed at the time of loan, no matter whether the loan interest rate announced by the state rises or falls in the future, it has no influence. Then, if the state cuts interest rates, fixed-rate lenders will "suffer"; On the contrary, if the interest rate is raised, it will take advantage. Floating interest rate is the opposite of fixed interest rate. Interest rates change according to national policies. If the interest rate is lowered, you will enjoy the dividend of interest rate reduction, and if the interest rate is raised, you will have to pay more costs. More than 99% families will face inheritance problems! Please pay attention to and continue to tell you stories about wills and inheritance, and systematically explain the expertise of wills and inheritance for you.