For many families, buying a house is a big deal, and choosing the payment method of buying a house is a very important aspect. There are two common ways to buy a house now: buying a house in full and buying a house with a loan. It is already difficult for many people to choose these two ways. Next, let's analyze which one is cost-effective between buying a house in full and buying a house with a loan to help you make a choice.

1. In terms of price.

Although buying a house in full will cost you a lot of money at once, even your life savings, compared with buying a house with a loan, it can save bank interest and other expenses, and many developers will give certain discounts to commercial houses with one-time payment.

For example, if you want to buy a house with a total price of 5 million yuan, you can save 6.5438+0.5 million yuan if you give it a one-time discount. Generally speaking, it costs less than buying a house with a loan and is relatively more cost-effective.

Step 2 emphasize

Buying a house in full requires buyers to take out all the purchase money at one time, which is not something that ordinary families can do. Most people's families have to bear great pressure and work very hard in the early stage in order to collect the money. But in the later life, you don't have to bear the pressure of loan, and you don't have to calculate every living expense every day, for fear that you won't be able to pay the loan at the end of the month, so you can arrange all your future plans calmly.

Buying a house with a loan means borrowing money from the bank. You only need to prepare a small part of the house payment as a down payment, and the rest will be paid by the bank for you, so the pressure in the early stage is relatively small. But it is not easy for anyone to bear the debt in the future. You may need to calculate your living expenses every day to ensure that every expense is not overspent, and you can't buy what you want at will.

Step 3 change hands

Buying a house by loan is based on the property itself, and the general loan time is about 20 years, which is not conducive to buyers selling houses. It is more convenient to resell a house bought in full, and it is not bound by bank loans. Once the house price rises, it will change hands quickly and sell easily. Even if you don't want to sell, you can mortgage your house to the bank and get a loan with low interest rate and high amount when you need a lot of liquidity.

4. Risk aspect

The risk of buying a house by loan is also relatively small, because mortgage loans are loans from banks to buy a house. In addition to buyers concerned about the quality of the house, the bank will also review it, so that the insurance for buying a house will be improved. As far as most auction properties are concerned, buyers who choose one-time payment will increase the risk of buying a house.

There is no bank participation in buying a house in full, and real estate assessment relies entirely on the buyers themselves. If buyers don't know much about this, it is easy to buy a house that is easy to depreciate. In addition, if you choose one-time payment, each building will require buyers to pay the full house price in the pre-sale stage and sign a commercial housing sales contract. However, in exchange,

Is it worth buying a house with a loan?

Whether buying a house loan is cost-effective depends on the financial situation of your house at that time. If you can buy a house in full, you don't need a loan, and you save a high loan interest. If you are eager to buy a house, but you are unable to pay the full amount, it is undoubtedly a very cost-effective choice to buy a house with a loan.

First, the advantages of loans to buy a house

1, less capital investment

The advantage of buying a house with a loan is that you can buy a house first and have less money.

2. Capital activities

From the perspective of investment, loan buyers can separate funds, such as renting a house with a loan to support the loan, and then purchase other projects, so that the use of funds is more flexible.

3. Less risk

Mortgage loan is to borrow money from the bank to buy a house. In addition to buyers concerned about the quality of the house, the bank will also review it. In this way, the insurance for buying a house will increase.

Second, the disadvantages of buying a house with a loan

1, in debt. Speaking of shortcomings, first of all, people are under great psychological pressure, because the traditional habits of China people do not allow people to make ends meet and pay attention to savings, so it is not suitable for conservative people to borrow money to buy a house. And in fact, buyers do bear heavy debts, which is not easy for anyone.

2, it is not easy to realize quickly. Because the property itself is mortgaged, it is difficult to resell the house, which is not conducive to the delisting of buyers.

3. What information do I need to prepare for the mortgage?

1. If you need to prepare a loan application, you can go directly to the bank and fill in the relevant information truthfully.

2. My ID card, including your ID card and your household registration book, can be fully prepared if you have a passport or a police officer's card.

You also need to prepare a personal proof of marital status. If you are married, you need to prepare a marriage certificate. If you are not married, you need to go to the civil affairs department to issue a single certificate.

It is important to prepare personal income certificate, because the bank should consider whether you have repayment ability, such as your salary running bill. To start a company, you need to provide a tax payment certificate.

5, but also provide proof of the purchase contract and down payment.

6. If this house belongs to someone else, another person also needs to provide his own identification and so on.

Is it cost-effective to borrow money to buy a house and mortgage?

My opinion is that mortgage loan is the best way to manage money for first-time home buyers.

First, buying a house by loan is a kind of loan supported by the state, and the interest rate is low. At present, the annual interest rate of housing loans for more than five years is 7.05%, and the interest rate of provident fund loans is 4.9%. During the same period, the highest five-year interest rate of bank deposits was 5.50%, and the highest spread was 1.55%. In other words, if a part of the house payment is to be used as a bank time deposit, then the actual annual interest paid to the bank is the total loan. Because the funds saved by using housing loans have a lot of room for use, they can be deposited in banks regularly and used as futures, gold, wealth management products or other investment methods, and the yield will be high. If you don't want to bear the bank interest. You can repay at any time in the bank.

Second: at present, house prices have risen sharply for many years. In the long run, affected by land price and urbanization, housing prices will always be on the rise, and the increase may be eased, but the upward trend will not change, especially the real estate in central cities. Therefore, buying a house is the best investment product at present, which has increased by more than 20% every year in previous years. This year, governments at all levels have set the highest growth rate, and the lowest is above 10%. In June, the national consumer price level rose by 6.4% year-on-year. Cpi is usually used as an important indicator to observe the level of inflation. Generally speaking, when CPIgt3% increases by 3%, we call it inflation; When CPIgt5% increases by 5%, we call it SeriousInflation, which means serious inflation.

So the currency keeps depreciating and prices keep rising. Since the date of the bank loan, the purchasing power of the loan has been depreciating, and the interest to be paid for the loan is pitiful compared with the utilization rate of the saved funds.

Third, at present, with the rapid economic development, people's lives have been greatly improved, social mobility is huge, and the demand for bank loans is increasing day by day. Therefore, it will be normal for bank loans to be tight, mortgage loans will become stricter and the handling fees will become higher and higher. So handle it early and save money early. For example, in the past, the minimum discount for housing loans was 30%, and there was no relevant formalities. Now the lowest benchmark interest rate can only be 8.5%, or individual small banks or foreign banks.

Therefore, the loan to buy a house is still very cost-effective.

Many people say that the more loans, the more cost-effective, and the longer the time, the more cost-effective. Is it true?/You don't say.

If you choose to buy a house with a loan, the more loans and the longer it takes, which is really good for people with little money. However, if the future income is not clear, it is recommended to pay off the mortgage as soon as possible for those who are facing unemployment at any time.

For China people, buying a house always has a plot. Even if the savings of two generations are exhausted, they all want to own a house of their own. For us, a house is not only a home, but also a kind of belonging. Although we can live by renting a house, renting a house brings us different cognition and significance. This is also the reason why China's economy is driven by real estate. After all, as a necessity, a house developed by real estate will never be sold.

However, the rising housing prices in recent years have gradually made more and more young people lose confidence in buying a house. After all, the increase in house prices far exceeds the growth rate of wages, and it may be difficult to pay off a complete house without eating or drinking wages earned for 30 years. At this time, if you want to buy a house, the only option is to buy a house by stages and take out a loan. For most families, the down payment can actually save a province of preparation, and the monthly mortgage can be converted into the rent of renting a house, so it is more cost-effective to buy a house with a loan. Although I have become a house slave, thinking about owning a house and paying the mortgage every month will actually promote the family's motivation to make money and save money.

Supporting the extension of the mortgage term has certain benefits because the monthly repayment amount is reduced, which has relieved a lot of pressure for most migrant workers. Although it generates a lot of interest, it seems to be a good deal considering that wages will increase in the future. Even if you don't buy a house, the money will be consumed invisibly. Instead of waiting until twenty or thirty years later, with nothing left, it is better to get a mortgage and let yourself have a house to support the elderly.

Of course, for people with unstable jobs, the future income of mortgage is uncertain and they may face the danger of unemployment. Once the loan is broken, the house may be repossessed. Therefore, in the case of abundant economy, you can choose to pay off the loan in advance.

20-year loan 1.7 million is it worth buying a house?

Loan 1.7 million to buy a house for 20 years, with an average annual 900 yuan and an average monthly price of more than 700 yuan, which is cost-effective. After deducting inflation, it will be cost-effective after 20 years.

This is the end of the introduction about whether it is cost-effective to buy a house with a loan and whether it is cost-effective to buy a house with a loan. I wonder if you found the information you need from it?