How to borrow money to buy a house is the most cost-effective.

It is best to buy it with a provident fund loan. In recent years, the provident fund policy has been continuously relaxed, and it can be used to buy a house or rent a house. The most favorable thing for buying a house is to increase the loan ceiling from 800,000 to 6,543,800+0.2 million. If the total number of houses is large, loans can also be mixed with provident fund and commercial loans, which is more humane.

2. The repayment period should be appropriate.

The shorter the loan term, the less the monthly repayment. You should choose the repayment period according to your future income and expenditure and life stage. With the same loan amount, the monthly repayment amount in ten years is more than that in twenty years, but the total repayment amount is less than that in twenty years. According to experts' analysis, 15 to 20 years is generally suitable for housing loans.

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Matters needing attention in housing loan

1. Don't repay the loan in advance in the first year.

According to the relevant provisions of the provident fund loan, part of the prepayment should be made one year after the repayment, and the amount you return should exceed the repayment amount of six months.

Don't forget to cancel the mortgage after the loan is paid off.

When you have paid off all the loan principal and interest, you can go to the district/county real estate trading center where the property is located to cancel the mortgage with the bank's loan settlement certificate and other real estate rights certificates of the collateral.