The house itself is an asset, and the mortgage loan is a liability.

Down payment (liability 30) loan (liability 70) = house (asset 100)

The mortgage is fixed, and the house as an asset will appreciate and shrink in value. If house prices rise slowly, as the repayment period shortens, the proportion of the remaining mortgage loan in the property valuation becomes smaller, and the value of the house is higher than the total remaining mortgage loan, then it is an asset. If it is just that one day house prices fall and the house becomes insolvent, then it is obviously a negative equity, then it is a liability.

Extended information:

Things to note when buying a house with a loan:

1. Pay attention to the financial affordability of the family. It is recommended that one person of the couple can financially bear the mortgage loan, and the other person can bear the mortgage loan. This is the best way to live financially. An excessive loan amount will affect the quality of life.

2. Loans are divided into three types: pure provident fund, pure commercial loan, and combination type. If you have the conditions, it is best to choose a pure provident fund loan. The interest rate is much lower, and the repayment can be directly deducted from the provident fund, which is convenient.

3. Which bank loan to choose depends on many aspects. Usually, you choose a big bank with the highest interest rate concessions and a certain strength.

4. A house purchase loan requires a bank with very good personal credit and a stable income. At that time, a company-stamped income certificate with at least double the monthly repayment amount is required.

5. When buying a house with a loan, you should also pay attention to how long it will take for the bank to approve the loan amount you apply for. If you are eager to buy a house, it is best to ask the bank.

Baidu Encyclopedia - Loan to buy a house

Baidu Encyclopedia - Assets

Baidu Encyclopedia - Liabilities