As we all know, mortgage loans can last up to 30 years. However, few buyers will choose a 30-year loan term. Many times, some people will only choose a 25-year loan term even if their economic conditions are limited. Why? This is mainly because the longer the loan term, the higher the mortgage interest rate, so the more interest needs to be repaid. As we all know, mortgage loans can last up to 30 years. However, few buyers will choose a 30-year loan term. Many times, some people will only choose a 25-year loan term even if their economic conditions are limited. Why? This is mainly because the longer the loan term, the higher the mortgage interest rate, so the more interest needs to be repaid. But I can understand this idea, but I can't agree with it, because I always think that the loan is 30 years.

First, family harmony.

If you choose a short-term mortgage, the monthly repayment pressure will be great, and in order to repay the loan, you may have to do a lot of work, so that you can afford the mortgage, so that you don't have time to get along with your family. In the long run, there will inevitably be many contradictions in this family. But if you choose a 30-year long-term loan, you can spend more time with your family.

Second, greatly reduce the repayment pressure.

Because of limited income, many people are biting their teeth to repay their loans. Before they get paid, they will face the result of repaying their loans. After paying off the mortgage, they did nothing this month. What a painful understanding. However, if you choose to borrow for 30 years, the monthly repayment pressure will be greatly reduced, so it will be much easier.

Third, it is conducive to the growth of children.

Originally, in real life, many parents struggled for their careers and didn't have much time to spend with their children. If they choose short-term mortgage, they will spend less time with their children in order to repay the mortgage, which will make the growth of their children worse. However, if you choose a loan for 30 years, the mortgage pressure will not be so great, so you can spend more time with your children, which is not conducive to their growth?

Fourth, let you manage your finances better.

In fact, whether you admit it or not, housing loan has always been a low-cost financing method. If you choose to borrow for 30 years, you will have more money in your hand and spend money freely in the future. If you are still good at financial management, you can also use your money for financial management. In fact, no matter what you manage your money, the interest rate will be higher than the mortgage interest rate.

Five, let you live in a big house

Perhaps there will be a wonder that buying a house with a loan can also make people live in a big house? According to the benchmark interest rate of June 2065438 1, the loan amount is 1 10,000, the loan period is 25 years, and the monthly repayment is more than 5,700 yuan. Loan 165438+ ten thousand, with a loan term of 30 years. According to the repayment method in Average Capital, the monthly payment is more than 5,800 yuan.

Judging from the above data, I wonder what you can see. In fact, if you look closely, you will find that the monthly payments of the above two repayment methods are basically the same, but the loan amount is 654.38+10,000, so you can buy a bigger house.

This is the whole content of this article. Of course, the disadvantage of buying a house by loan is that you have to pay more mortgage interest than buying a house in full. However, apart from this shortcoming, it seems that choosing a loan for 30 years may be more suitable for all buyers. So my suggestion is, if you can choose 30 years when choosing the loan term, don't choose 10 years.