Is it cost-effective to buy a house with a loan or a full house? Know almost

Which is more cost-effective to buy a house with a loan or a full house? You can understand it at a glance.

People who have been buying a house will have such questions in their hearts: is it cost-effective to buy a house in full or to buy a house with a loan? Of course, the premise of this problem is based on the economy of buying a house in full. Only by comparing the two payment methods can we make a more rational choice. Let's talk about which way is more cost-effective from the advantages and disadvantages of both.

Benefits of buying a house in full

1, the procedure is convenient and quick.

Obviously, buying a house in full saves the process of loan, and the convenience of buying a house in full is more prominent in the case of difficult loan.

2. Being light without debt

Buying a house in full does not have to bear debts, and there is no pressure to repay it regularly. Property buyers can calmly dispose of the funds at hand. Compared with buying a house with a loan, the full amount can save a lot of interest.

3. Easy to buy and sell

The house purchased in full is also very convenient to handle, and the house price can be sold at any time without loan restrictions.

Disadvantages of buying a house in full

1, one-time capital investment is too large.

Buying a house in full will cost a lot of money, which will affect the investment of other projects and may affect the expected annualized expected income of other aspects.

2. The value of the attribute cannot be guaranteed.

Without the participation of banks, it is entirely up to the buyers to inspect the building quality and appreciation space of the purchased property. If property buyers do not know enough about this, it is easy to buy a house that is easy to depreciate.

Benefits of buying a house with a loan

1, you can also dream of buying a house if you don't have enough funds.

With the help of loans, just-needed families can quickly own their own houses without trying to save the whole amount.

2. Allocate funds for investment.

Loans to buy a house cost less at one time, which enables buyers to allocate funds to other investments. As long as the return on investment is higher than the expected annualized interest rate of the loan, it is obviously more cost-effective to buy a house with a loan than the full amount. At present, many baby financing or private equity funds are higher than the expected annualized interest rate of bank loans, or even twice.

The value of the property is guaranteed.

Banks will evaluate the houses purchased by borrowers when issuing loans, and the value of houses usually recognized by banks is relatively guaranteed.

Disadvantages of buying a house with a loan

1, with debt

Different from westerners, China people are not very open to loans, and they often have psychological pressure to take on debts. In addition, because of regular repayment, we should also expect the use of funds to avoid delays in repayment due to the interruption of funds.

2, buying and selling is more troublesome

It is more troublesome to sell a house before the loan is paid off. There are two ways: remortgage, or find a way to pay off the loan and cancel the mortgage, both of which are difficult to operate.

The above is the comparison between the advantages and disadvantages of loans and full-price housing. Some people may not have a concept yet, so next, I will give you a comparison to ensure that you can understand it at a glance.

First, whether to buy in full or by loan, how much loan is appropriate.

First of all, if it is a loan, it is best to apply for a provident fund loan. In recent years, the provident fund policy has been continuously relaxed. You can 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 price of the house to be bought is high, the loan can also be a mixture of provident fund and commercial loan. Is it very human?

The expected annualized interest rate of provident fund loans is now 6% for commercial loans, and there will be small discounts in different parts of the city with commercial loans.

Therefore, if you buy a house with a loan, it is recommended to make a loan according to the minimum down payment, and there is no need to pay in a big hurry.

Second, if the loan is suitable, how long should it be repaid in advance?

Let's take an example first: location coordinates: Beijing, down payment of 30%, mixed loan of provident fund business loan, provident fund business loan 1.2 million, business loan of 2.8 million and loan of 4 million.

Many friends have seen that in 30 years, the total interest of equal principal and interest is 1 10,000, and the interest of average capital is 1 10,000. They couldn't help but draw a gasp in their hearts. How is it worthwhile for banks to charge so much interest?

But we put ourselves in the shoes. As long as the interest on investment is greater than 10% of the current mainstream P2P platform, and if the expected annualized rate of return on investment is greater than 10% instead of the bank's money, then our funds will create more interest, which is higher than our current one-year time deposit. Do you think it's worth it?

Which is more cost-effective to buy a house in full or by loan?

Loan to buy a house. Compared with buying a house in full, the risk of buying a house by loan is relatively small, because mortgage loans are loans from banks to buy a house. In addition to buyers concerned about the quality of the house, the bank will also review it, so that the insurance for buying a house will be improved. As far as most auction properties are concerned, buyers who choose one-time payment will increase the risk of buying a house.

Buying a house in full is a loan. Although buying a house in full will cost you a lot of money at once, or even your life savings, compared with buying a house with a loan, it can save bank interest and other expenses, and many developers will give certain discounts to commercial houses with one-time payment. For example, if you want to buy a house with a total price of 5 million yuan, you can save 6.5438+0.5 million yuan if you give it a one-time discount. Generally speaking, it costs less than buying a house with a loan and is relatively more cost-effective.

Extended data

Buying a house in full If you choose to buy a house in full, buyers must pay the house price in one lump sum, which is not something that ordinary families can do. Most people's families have to bear great pressure and work very hard in the early stage in order to collect the money. But in the later life, you don't have to bear the pressure of loan, and you don't have to calculate every living expense every day, for fear that you won't be able to pay the loan at the end of the month, so you can arrange all your future plans calmly.

Buying a house with a loan is a loan from a bank. The loan is based on the property itself, and the general loan time is about 20 years. You only need to prepare a small part of the house payment as a down payment, and the rest will be paid by the bank for you, so the pressure in the early stage is relatively small.

But it is not easy for anyone to bear the debt in the future. You may need to calculate your living expenses every day to ensure that every expense is not overspent, and you can't buy what you want at will. Loans to buy a house are also not conducive to buyers selling houses.

Which is more cost-effective to buy a house in full or by loan?

For many families, buying a house is a big deal, and choosing the payment method of buying a house is a very important aspect. There are two common ways to buy a house now: buying a house in full and buying a house with a loan. It is already difficult for many people to choose these two ways. Next, let's analyze which one is cost-effective between buying a house in full and buying a house with a loan to help you make a choice.

1. In terms of price.

Although buying a house in full will cost you a lot of money at once, even your life savings, compared with buying a house with a loan, it can save bank interest and other expenses, and many developers will give certain discounts to commercial houses with one-time payment.

For example, if you want to buy a house with a total price of 5 million yuan, you can save 6.5438+0.5 million yuan if you give it a one-time discount. Generally speaking, it costs less than buying a house with a loan and is relatively more cost-effective.

Step 2 emphasize

Buying a house in full requires buyers to take out all the purchase money at one time, which is not something that ordinary families can do. Most people's families have to bear great pressure and work very hard in the early stage in order to collect the money. But in the later life, you don't have to bear the pressure of loan, and you don't have to calculate every living expense every day, for fear that you won't be able to pay the loan at the end of the month, so you can arrange all your future plans calmly.

Buying a house with a loan means borrowing money from the bank. You only need to prepare a small part of the house payment as a down payment, and the rest will be paid by the bank for you, so the pressure in the early stage is relatively small. But it is not easy for anyone to bear the debt in the future. You may need to calculate your living expenses every day to ensure that every expense is not overspent, and you can't buy what you want at will.

Step 3 change hands

Buying a house by loan is based on the property itself, and the general loan time is about 20 years, which is not conducive to buyers selling houses. It is more convenient to resell a house bought in full, and it is not bound by bank loans. Once the house price rises, it will change hands quickly and sell easily. Even if you don't want to sell, you can mortgage your house to the bank and get a loan with low interest rate and high amount when you need a lot of liquidity.

4. Risk aspect

The risk of buying a house by loan is also relatively small, because mortgage loans are loans from banks to buy a house. In addition to buyers concerned about the quality of the house, the bank will also review it, so that the insurance for buying a house will be improved. As far as most auction properties are concerned, buyers who choose one-time payment will increase the risk of buying a house.

There is no bank participation in buying a house in full, and real estate assessment relies entirely on the buyers themselves. If buyers don't know much about this, it is easy to buy a house that is easy to depreciate. In addition, if you choose one-time payment, each building will require buyers to pay the full house price in the pre-sale stage and sign a commercial housing sales contract. However, in exchange,

Which is more cost-effective to buy a house in full or by loan? The cost performance lies in these points.

Many people think that only those who don't have enough money will choose loans to buy a house. Actually, it is not. Even if there is enough money to buy a house in full, many people are willing to borrow money to buy it. So what kind of mentality do people who choose to buy a house in full and borrow money to buy a house hold? Which is more cost-effective to buy a house in full or by loan? Let's analyze it together.

Which is more cost-effective to buy a house in full or by loan?

First, the support point of buying a house in full is more cost-effective.

1, no interest.

Buying a house in full is your own money, and the interest expense is naturally zero. However, no matter how much or how long the loan is, even if it is a dollar a day, there is a corresponding interest expense, and the interest is greater than zero. So from this perspective, buying a house in full is more cost-effective than buying a house with a loan.

2. No repayment pressure

The so-called "debt-free" is perfect for buying a house in full, which is why many people do not choose to borrow money to buy a house. Even if they are unemployed at home, they don't have to worry about monthly mortgage repayment. The repayment pressure is zero and the house can be traded freely. When the average price is high, they can sell in time.

Second, it is more cost-effective to buy a house with a loan.

1, with abundant self-owned funds.

For example, if you buy a house in full amount of 500,000 yuan and have your own funds of 550,000 yuan, then after paying off the house price, deed tax and other related expenses in one lump sum, there will be little funds left. If you have emergency medical care or unstable work, you may still need a loan to solve the problem.

But if you buy a house with a loan, you will have a lot of money. For a 500,000 house, the 20% down payment is only 65,438+10,000, and the monthly payment is 2,000 to 3,000, leaving 450,000 of its own funds. In the face of any unexpected situation, you can leave room to arrange your own financial plan calmly and increase your income.

2. You can spend in advance and rent to support the loan.

If you buy a house with a loan, you can live in your own house at the age of 20 and spend in advance, but if you save enough money to buy a house in full, it may not be realized until you are 40. From this perspective, it is naturally more cost-effective to buy a house with a loan.

The house bought by the loan can be rented, although the property right may be sealed up in the bank and cannot be bought and sold freely. If the monthly mortgage payment is 2,000 yuan and the monthly rent is 2,500 yuan, then after 20 years of renting, not only the mortgage is paid off, but also the property right of the house is obtained, and the income of 500 yuan/month is obtained. In this case, it is also very cost-effective.

The above is about "which is cost-effective to buy a house in full or borrow money to buy a house", and I hope it will help everyone.

Which is more cost-effective to buy a house in full or by loan?

In the final analysis, it depends on the level of mortgage interest rate. In the past, the mortgage interest rate was low, and the interest to be repaid after 30 years of loans was also relatively low. Buying a house with a loan is definitely more cost-effective. Buying a house in full requires a certain amount of capital savings support, which most people can't do. After all, most people are chipping in to buy a house. Although you have to pay a lot of money in one breath, you don't have to bear the interest expenses of the bank. After buying a house, there is no pressure on the monthly payment, and you don't have to tighten your belt to plan the repayment expenses. Moreover, one-time payment is the developer's favorite way to buy a house, so developers generally give preferential discounts to such buyers, and the discount can generally be at least 50,000-80,000 yuan, even more than the loan to buy a house. 3. The risk of buying a house by loan is small, because banks will review the qualifications of developers, the quality of real estate and commercial housing when approving mortgage loans, which is more secure for buyers and does not have to worry too much about serious quality problems in houses. Only individuals with loan qualifications can basically buy a house. However, the risk of one-time payment for house purchase is entirely borne by the individual who purchases the house, and the risk is relatively large.