The interest for 30 years is almost equal to the principal, in other words, it is actually equivalent to working for a bank, and the working cost is quite high. The loan amount was originally only 500 thousand yuan, but it only took 30 years to become 950 thousand yuan. The 30-year mortgage interest is equal to the principal. Is it really cost-effective to buy a house with a loan? We can calculate, for example, if you buy a house at a price of 1 10,000 yuan, the down payment is 300,000 yuan, the loan is 700,000 yuan, the loan term is 30 years, and the interest rate is 5.78%. Repay according to the equal principal and interest, and the result comes out. The interest is 775 thousand. Interest plus principal is 654.38+0.47 million. Paying off the mortgage every month requires a little more than 4000 yuan. What if we follow the average capital? The interest is 600,000 yuan, and the principal plus interest is 6.5438+0.3 million yuan. Basically, you need to repay a little more than 5000 yuan every month. Of course, there will be less and less. It's not that I don't know, it's shocking. The interest of equal principal and interest will be higher than the principal. So is it really cost-effective to buy a house with a loan? This question. There are two ways to score: the first is for ordinary people. Your need is a house, but you don't have that much money. The bank can provide you with a loan. You just have to give up in the next 30 years. There is no way to do this, because such people have no other choice. Second, some people think that it is profitable to buy a house with a loan now, so you should believe that the house will still be as valuable as it is now in 30 years. In addition, the income should maintain a high-speed growth as in the past 30 years, which is worth our expectation. However, the establishment of this idea must also have a prerequisite, that is, there can be no negative population growth within 30 years.