2. If there is really no way to repay the mortgage, even the mortgage of one or two thousand a month is not paid, then you can only transfer or sell it, which means you can sell the house quickly. In this case, not only do we not need to bear the mortgage, but we may also make a lot of money.
If you can't pay the mortgage, but don't want to transfer the house, then I suggest you find a stable job or do more part-time jobs to increase your income.
What should I pay attention to when buying a house with a loan?
1, understand the local housing policy.
Nowadays, buying a house in many first-tier cities will be affected by the purchase restriction policy, so buyers should pay attention to the local purchase policy. Before buying a house with a loan, they need to know the credit policy of the city where they live, such as the qualification for buying a house and the down payment ratio.
2. Make a good purchase plan.
When buying a house with a loan, buyers should make long-term financial planning. In addition to understanding the housing loan policy, it is also a top priority to do a good job in family financial planning. How much down payment to pay and how much loan to pay each month should be based on your daily consumption habits, such as the old people at home are often sick and the children have to go to school. In addition to paying off the mortgage, you should also plan the funds reasonably.
3. Choose the appropriate repayment method.
The common repayment methods of buying a house are mainly average principal and equal principal and interest. General funds: suitable for lenders with strong repayment ability some time ago, such as those with long working hours. The total interest of average capital is less than the equivalent principal and interest. Matching principal and interest: the monthly repayment amount is the same, which is more suitable for families with normal spending plans, especially young people. Economic conditions do not allow excessive investment in the early stage. You can choose this method.
4. Repay in full and on time every month.
Repayment on time means that the lender must pay attention to whether there are enough funds in his repayment account before the repayment date agreed every month to prevent default due to his negligence, and never lose money due to his negligence and leave a bad credit record in the bank.
What are the benefits of buying a house with a loan?
1, low risk
The risk of buying a house by loan is smaller than that of buying a house in full. Buying a house in full requires a lot of money to pay the house price at one time. If there is something wrong with the house, it will lose a lot of money, and the money lost by buying a house with a loan will be much less. In addition, mortgage loans are loans from banks to buy a house. In addition to buyers concerned about the quality of the house, the bank will also review it. In this way, the insurance for buying a house will increase.
2. Less investment
In fact, many friends around us buy houses by loans, and it seems that it has become a common phenomenon to buy houses by loans. A loan is to borrow money from a bank to buy a house, so you can buy your own house without spending a lot of money at once. So one of the advantages of our loan to buy a house is that we can buy a house with less money.
3. Capital activities
You don't have to invest all your money at once to buy a house with a loan. Lenders can choose to separate the funds, for example, rent out the house and then support other projects, so that the use of funds is more flexible.