The mortgage is still 15-20 years.

In terms of repayment methods, repayment methods are generally divided into average principal and equal principal and interest. As for the matching principal and interest, the normal loan is 30 years, and 15-20 years is more cost-effective. If it has been repaid for more than 20 years, there is no need to repay the mortgage in advance. You might as well invest your working capital, Qian Shengqian.

If your commercial loan comes from the average capital, because the average capital accounts for a large proportion of the prepayment principal, the bank staff said: this repayment method is less and less, so it is more cost-effective to withdraw money in advance before half of the total loan time, and it is unnecessary to exceed it.

If your income is stable and relatively high, it is recommended to choose short-term loans. The shorter the time, the less interest. For people whose high income is only for temporary turnover, this can save a lot of mortgage interest.

On the other hand, if you want to get rid of the status of "house slave" in the later period, it is suggested that the repayment time should be between 10 and 20 years, mainly because in such a long time, middle-income people should have enough capital reserves to repay the mortgage, and this period will not suffer losses due to a large amount of principal in the early period.

The above contents refer to Baidu Encyclopedia-Mortgage.

Second, how many years is the mortgage generally suitable?

Generally 15-20 years is more suitable, more than 20 years.

I want to buy a house of 400,000 yuan. How many years is the mortgage suitable?

Glad to answer your question!

First, the longer the loan time, the better. Once the loan term is determined, it cannot be changed later, but it can be repaid in advance. Generally, if you have enough money on hand, you don't want to give it to the bank at once, or you are ready to use the rest to do business. Your monthly income is enough for your monthly expenses. I even suggest choosing five years, because you don't have much money yourself, and it won't affect your second purchase after you pay it off.

Second, cash is tight, income is unstable, and there is no fixed job. I suggest you choose long-term loans and short-term loans. Why do you say that? It means borrowing as long as you can, because long-term loans and short-term loans are more suitable for this situation, because the longer the loan time, the less the monthly payment, and of course the higher the interest. Later, there is a deposit at work, which can be returned to the bank.

There is no interest on prepayment (according to local banking policies, different regions have different policies. )

I hope the above answers can help you!

Fourth, how many years is the mortgage generally suitable?

General 15-20 years is more appropriate. If it is more than 20 years, the time is too long and the interest is too much.