Borrow100,000, and the interest for ten years is more than 30,000. Your loan to the bank will be repaid monthly. It depends on your monthly income. The shorter the loan term, the greater the monthly repayment pressure. If you buy a house, the buyers in the sales department will calculate an account for you. Now you need to provide some information to apply for a mortgage.

Second, how many years is the most cost-effective housing loan?

The most cost-effective plan for how many years to buy a house loan is as follows: due to different personal circumstances, the time limit for applying for a mortgage is also very different. Specifically, it can be defined according to the following circumstances: 1, and the maximum period for individual housing loan application is 30 years; 2. The longest period for individuals to apply for commercial housing loans is 10 year; 3. Men should not be over 60 years old and women should not be over 55 years old. Generally speaking, the longer the loan term, the less the monthly repayment amount; The shorter the loan period, the higher the monthly repayment amount. If the income of buyers is relatively stable and high, it is suitable to choose short-term loans. The shorter the time, the less interest. For high-income people who just want to temporarily turn around, this can save a lot of mortgage interest. People with unstable income or low income need to consider their own income, so it will be more cost-effective to prolong their life. Although the choice of mortgage term is closely related to the economic strength of buyers, according to the current mortgage interest rate, in general, buyers are advised to choose the repayment term of 15-20 years, and the total interest paid in this case is relatively reasonable. If you choose 30 years, the interest will exceed the total loan at the current interest rate; If you choose 10, buyers will face greater pressure to buy houses.

Third, how many years are the most cost-effective housing loans and mortgage payments?

I say, how about buying a house with a loan now?

I said, "Just choose' 30 years equal principal and interest', which is the most cost-effective."

Are you surprised that I didn't analyze it carefully as usual and come to a conclusion? This is because the articles about the choice of "mortgage" have been overwhelming, and the "financial experts" who know this way have already started to operate, so I don't need to pour out here.

So, I'll give the answer first to save their time.

1

Below, I will tell the "financial management white" who still has doubts about this, why "30-year equal principal and interest" is the most cost-effective choice.

First of all, take "30-year equal principal and interest" as an example. After the house loan 1 10,000 yuan, the financial manager Xiao Bai repays 5307.2727 yuan in the first month and 5307.27 yuan every month thereafter.

"20-year equal principal and interest" is the same, but the monthly repayment amount is higher than "30-year equal principal and interest".

Next, let's look at "average capital".

Take the average capital after 30 years as an example. After the house loan was 6,543,800 yuan, the repayment was 686,849 77 yuan in the first month, and it showed a gradual decline.

Do you want me to explain the calculation principle of "one principal" so that I can do it myself?

If you really have the heart, you can really do it slowly at home. Search for "mortgage calculator" in the browser, and click "equal principal and interest" and "equal repayment period" to get the results directly.

The above "30 years" and "2" are directly brought.

2

At present, "equal principal and interest" is the most mainstream mortgage method in the market, and there are repayment modes of 5 years, 10 years and 15 years. In this way, their loan portfolio will be very complicated and seem to satisfy different people.

In this regard, I use the index of "total interest paid" to break through the maze.

Mortgage law:

1. The longer the loan term, the higher the total interest paid.

2. The total interest paid during the loan period is higher.

Do you think it is cost-effective to choose "20-year average capital" to pay 490,000 interest to the bank and "30-year equal principal and interest" to pay 965,438+00,000 interest to the bank, or to choose "average capital" with short service life?

By analogy, choosing a loan of 10 is more cost-effective than a loan of 5 years, and more cost-effective than a loan of 3 years. In the end, it is simply "cost-effective".

When it comes to "buying a house at one time", many people begin to complain! Just hands! Do you still need a loan if you have money?

three

I believe that many people's "loan to buy a house" is only a compromise to reality, not a heartfelt recognition that "there is no money when the loan is not slaughtered in the bank."

Therefore, the less the total interest, the better.

(The above answers were published in 20. Please follow the actual purchase policy.

For more real estate information, policy interpretation and expert interpretation, click to view.

4. How many years is the house loan cost-effective?

We can't generalize, we should discuss it according to the different income of buyers and their own economic situation. The longer the loan term, the less the monthly repayment, and the shorter the loan term, the higher the monthly repayment.

If the income is stable and relatively high, it is suitable for short-term loans. The shorter the time, the less interest. For people with high income just to win the tenth place, this can save a lot of mortgage interest and save a lot of mortgage interest.

For people with unstable income or low income, it is more cost-effective to prolong their life considering their own income problems.