Generally speaking, we suggest the repayment period of our house. Buyers choose 15-20 as the repayment period, and the total interest paid is reasonable, so their self-disciplined living standard will not be greatly affected.
If you plan to own it in a short time, your aim is to improve your property. This time depends on how much profit you think you can get from it. If you think that the real estate market will continue to bull market, house prices will soar again, and you can get very high profits, so the longer the loan period, the better; If you think that the real estate period is over and you will enter a low level in the future, such as 8% or lower, then the shorter the loan period, the better.
Is the housing loan good for 20 years or 30 years? It depends on the specific situation. 20-year mortgage repayment pressure is too high, but the overall interest is less, 30-year mortgage repayment pressure is less, but the interest will be more. If the work is easy and the income is rich, you can choose a housing loan for 20 years or even shorter. If the job is not so stable, there are many changes, and the family expenses are large. It is suggested to choose a 30-year housing loan, which can reduce the repayment pressure and reduce the dilemma of not being able to pay the mortgage.
Matching principal and interest: based on the loan of 6,543.8+0,000 yuan, the mortgage interest of 5.88% and the mortgage loan for 20 years, the prepayment amount has reached 9,000 yuan, of which the monthly fixed principal is 465.438+0.66 yuan, and the rest is interest. Repay more than 7,600 yuan in advance every month after 30 years, of which the principal does not exceed 2,700 yuan and the interest does not exceed 5,000 yuan.
Matching repayment of principal and interest: the mortgage loan is 654.38+0 million, and the mortgage interest is 5.88%. For 20 years, mortgage loans have been repaid at a fixed interest rate of 7,000 yuan per month. At the initial stage of repayment, nearly 5,000 yuan of it was fully repaid with interest. After 30 years, the monthly fixed repayment will be diversified to 5900 yuan, of which nearly 5000 yuan is all interest, and the principal is only about 1000 yuan.
Because the house price is relatively expensive now, many people will choose a longer repayment period when choosing to buy a house, which can reduce the monthly repayment pressure. Some people think that the shorter the time, the less interest, so each has its own advantages, and choosing the right one is the most important.