If you are not over 40 years old, I suggest that you borrow for 30 years (if you are over 40 years old, the bank will not agree to lend for 30 years). I will calculate it for you according to the current interest rate. If you borrow it for 20 years, you will pay back 2844 yuan every month. If you borrow it for 30 years, you will pay back 24 14 yuan every month! Seeing this, you will definitely say, isn't it more interest to repay the loan in 30 years?

Yes, if you really handle it after 30 years, but the commercial loan has the business of prepayment, you can apply for prepayment 65,438+02 months after the loan is successfully handled. You can apply for prepayment twice a year, and each time it is an integer multiple of 20,000 (there may be slight differences between banks). The money repaid in advance is interest-free, and the interest will be recalculated after repayment.

Because the monthly payment consists of principal and interest, whether it is 30 years or 20 years, the interest you pay every month is a fixed value (the total loan multiplied by the monthly interest rate), and the principal paid (the total loan divided by the monthly interest rate of the total loan) will be different due to the different loan years, which will lead to the difference in monthly payment between 20 years and 30 years!

According to your income level, after a few years, you will save 100 thousand yuan in your hand and pay it back at one time, so there is not much left. You can relax and make a good deal!