It is certainly appropriate to pay off the mortgage in one lump sum. Nowadays, buying a house by loan has become the mainstream. According to statistics, more than 70% of families in China buy houses through loans. The reason for buying a house with a loan is not because it is more cost-effective, but because the house price is too high to pay the full amount. Take fun rating as an example, that is, I bought a second-hand house with a down payment of 40%. If you have money, you will definitely pay off the mortgage in one lump sum. First of all, it is absolutely appropriate to pay off the mortgage in one lump sum; Secondly, debt-free and unsecured are more beneficial to their own development; Third, paying off the mortgage can make it easier to sell the house; Fourth, mortgage loans are affected by economic growth, and the economy is running more and more smoothly. It is more cost-effective to pay off the mortgage as soon as possible.

First of all, paying off the mortgage in one lump sum is definitely the right transaction. If it is a mortgage with a loan of 30 years and a down payment of 30%, the loan interest that may be paid has exceeded the principal. If you pay off the loan in one lump sum, you need to pay a penalty of about 5%. Even in terms of the amount, it is very appropriate to pay off the loan in one lump sum. Most people borrow money to buy a house because they can't pay the full amount, not because they are willing to borrow money. Even if someone insists that the loan is appropriate, it may be more for their own face. As a matter of fact, I can't afford the full payment, and I don't really want a loan.

Second, debt-free is light, and paying off loans is conducive to self-development. Even if it is not calculated from the perspective of money, it is very appropriate to pay off the mortgage from the perspective of personal development. So-called? No debt? In other words, there will be a great burden if there is debt.

To give a very simple example, a person with a mortgage or a person without a mortgage faces a new job opportunity. His salary has doubled, but his company may go bankrupt next year. Who is willing to take risks? Of course, the one without a mortgage! And in our life, we need many appropriate adventures to seize more opportunities. Will the mortgage be paid off in one lump sum, which is not very beneficial to its own development after it is light and debt-free?

Third, after paying off the mortgage, it is conducive to the sale of the house. Interesting comments believe that mortgage is essentially still? Mortgage loan? Borrow money from the bank with real estate as collateral and pay back the money to the bank in installments every month. Houses with mortgages are more troublesome to sell and may miss opportunities. After all, a mortgage certificate is equivalent to a mortgage loan to a bank. If you want to sell the house, you need to pay off the mortgage and get the house certificate back. It is very troublesome to operate such a meal. If the mortgage is paid off in one lump sum, it will be more convenient to sell the house!

Fourth, whether the loan to buy a house is suitable is affected by the economic environment. The faster the economic growth, the more suitable it is to buy a house with a loan. This is because the faster the economic growth, the higher the personal income and the higher the inflation rate. In this way, it is more appropriate to repay the mortgage in installments. However, China's economy is becoming more and more stable, and it is hard to see the miracle of rapid growth in the past 20 years. It will be more cost-effective if you can pay off the mortgage in one lump sum.

Welcome to discuss. Do you think it is necessary to pay off the mortgage in one lump sum?