1. provident fund loan: the interest rate of provident fund loan is relatively low. Provident fund loans can help buyers reduce their burden when buying a house. Generally speaking, provident fund loans are more acceptable than buying a house in full, because there is no need to pay all the funds at one time and the repayment method of provident fund loans is relatively flexible. You can choose the loan term and repayment method according to your income.
2. Buying a house in full: great economic pressure. If the funds are insufficient, the economic pressure of buying a house in full will be great, which may affect other expenses, and it is risky and insecure. If there is a phenomenon such as unfinished property, delayed delivery, and developers running away, buying a house at one time will put buyers at risk. If the house payment has been paid to the developer in full, there is no guarantee at all, which is also the most important consideration for one-time payment.
3. To sum up, provident fund loans are more cost-effective than buying a house in full.