1, great financial pressure: buying a house in full requires a one-time payment of all the purchase price, which requires the buyer to spend hundreds of thousands or even millions of yuan at one time. Many people not only spend all their savings to buy a house, but also owe a lot of debts, and their future life is also very tight.
2. The future is uncertain: unless you have a good understanding of its real estate projects, including building quality, developer technology and financial strength, the loss of buying a house in full will be very serious, in case the uncompleted residential flats and developers run away.
Buying a house with a loan can fight inflation: many people who bought a house with a loan 20 years ago now only need to repay a few hundred yuan a month. This is because the currency will depreciate due to inflation, and with the development of the economy, personal income will also increase, so the loan to buy a house can play an anti-inflation role.
Of course, buying a house in full has its advantages, such as saving various service fees and interest, and the process of buying a house is relatively simple. In addition, it is very convenient to sell the house in full. If the borrower needs funds, he can also mortgage the house to apply for a loan.
At present, most people have relatively average economic conditions and can only choose loans to buy a house. Mortgage includes commercial loans and provident fund loans. The interest rate of provident fund loans is lower than that of commercial loans. Property buyers can give priority to provident fund loans. If the provident fund loan is not enough to buy a house, you can increase the down payment ratio or apply for a portfolio loan.