Which one is better between buying a house with full payment or buying a house with a loan needs to be determined based on the home buyer’s own conditions. In addition, it can also be analyzed from four aspects: price, pressure, change of hands, and risk.

1. In terms of price

Although buying a house with full payment will cost you a lot of money at once, and it may even be most of your life savings, compared with buying a house with a loan, it can save you a lot of money. Bank interest and other expenses, and many developers will provide certain discounts for commercial housing with one-time payment.

For example, if you want to buy a house with a total price of 5 million yuan, if you give a 3% discount for a one-time payment, you can save 150,000 yuan. Overall, it costs less than buying a house with a loan, which is relatively more cost-effective.

2. In terms of pressure

Purchasing a house with full payment requires the buyer to come up with all the purchase money at once. This is not something ordinary families can do. Most families want to be able to do so. Collecting this money requires a lot of pressure and hard work in the early stages. However, in your future life, you will not need to bear the pressure of loans, and you will not need to calculate every living expense every day for fear that you will not be able to repay the loan at the end of the month, and you can calmly arrange various future plans.

Buying a house with a loan means borrowing money from the bank. You only need to prepare a small part of the house purchase money as a down payment, and the bank will help you advance the rest, so there is less pressure in the early stage. But having to bear debt in the future is not easy for anyone. You may need to calculate your living expenses every day to ensure that you do not overspend on every expense and that you cannot buy what you want.

3. Regarding resale

Buying a house with a loan is mortgaged by the real estate itself, and the general loan period is about 20 years, which is not conducive to home buyers selling their houses. It is more convenient to resell a house purchased with full payment, as it does not have to be subject to bank loans. Once house prices rise, it is quick and easy to sell the house. Even if you don’t want to sell, but you need a large amount of liquidity, you can still mortgage your house with a bank and get a loan with a low interest rate and a high amount.

4. In terms of risk

The risk of buying a house with a loan is also relatively small, because a mortgage loan is borrowing money from a bank to buy a house. In addition to the home buyers caring about the advantages and disadvantages of the house, the bank will also Get a review so that the home purchase becomes more secure. For most of the properties on sale for free, buyers choosing to make a one-time payment will increase the risk of buying a home.

There is no bank involvement in buying a house with full payment, and the property evaluation depends entirely on the home buyer himself. If a home buyer does not know much about this aspect, it is easy to buy a house that is easy to depreciate. In addition, if you choose a one-time payment, each property will require the home buyer to pay all the house payments during the pre-sale stage and sign a "Commercial Housing Sales Contract." However, during the transaction process, many pre-sale properties have the problem of incomplete five certificates. Although the sales staff promised to complete the procedures within a certain period of time, the risk is too great for home buyers.