We all know that the interest of provident fund loans to buy a house is much lower than that of commercial loans. Therefore, if property buyers pay housing provident fund, they can give priority to provident fund loans when applying for mortgages, which can save a lot of interest.

2. Choose the repayment method in the average capital.

For those who have not paid the housing provident fund, if they want to save interest when buying a house with a loan, they can choose the repayment method in the average capital. Equal principal repayment saves a lot of money than equal principal repayment. However, in the form of average capital repayment, the supply pressure of housing in the early stage is relatively high, and the monthly mortgage payment is very high. After the monthly decline, the pressure behind it will become less.

3. Shorten the loan term

Generally speaking, the longer it takes to apply for a loan, the more interest you need to pay. Because of compound interest, time determines the amount of interest. Therefore, under the premise of not affecting the loan approval and normal life, shortening the loan term as much as possible can reduce a lot of interest.

4. Choose a bank with a lower mortgage interest rate.

Although the loan interest rate is uniformly stipulated by the state, different lending banks have different floating standards for mortgage interest rates. When choosing a loan bank, buyers can also ask more banks and then choose a bank with a lower mortgage interest rate. But buyers are advised not to choose their own banks. They need to communicate with developers or real estate agents in advance and choose from their fixed cooperative banks, otherwise it is easy to fail to grant loans.

5. Pay more down payment and less loan.

The amount of loans for buyers will also affect the interest of loans, so buyers can pay more down payment and apply for loans less. Then the interest will be much lower.

6. Pay off the mortgage in advance

For those who have the ability to buy a house, if you don't choose the right way to save interest before applying for a mortgage, you can also choose to pay off the mortgage in advance after buying a house with a loan to save interest, and prepayment can also save a lot of interest.