In 5 years, what is the difference between buying a house in full and buying a house with a mortgage

Buying a house and a car is a top priority for young people nowadays. Especially for ordinary families, if they want to buy a suite in a big city, they have to "squeeze" the energy of two generations. People who can afford it will choose to scrape together the money to buy the house all at once, but most people will still choose to buy a house with a mortgage.

Laymen definitely still don't understand the detailed operation of this, whether it is better to buy a house in full or repay the mortgage?

The biggest advantage of buying a house in full is that you pay the full amount at once, and the property right process is one time, so you won't encounter a lot of troublesome procedures and get the property right certificate quickly. After that, there will be no financial burden on the family, and you can also enjoy the benefits offered by the developer. This is also a great benefit to the developer, as the payment can be received in one step without going through various approvals from the bank.

The convenience of buying a house in full is also a disadvantage to some extent. Generally, the amount of housing payment is large, resulting in personal financial urgency and personal inability to afford it, so the individual will not choose to pay in full. Even so, buying a house in full will encounter the situation that the developer will not deliver the house in time, and even the project funds cannot be turned over and become an "unfinished house".

In this way, the buyer's economic loss is huge, and there is a certain risk. The biggest advantage of taking out a loan to buy a house is that it can improve the utilization rate of personal funds, and you can move into a new house without reaching a certain amount of savings. There will be no greater financial burden on the family in the early stage.

The disadvantage is that there will be additional fees during the mortgage process and a certain amount of loan interest will be incurred afterwards. Until the loan is settled, the right to buy and sell the house is still vested in the bank. Regular monthly repayment will cause certain pressure on individuals or families, and failure to repay the loan on time will have a greater impact on personal credit reporting.

So which is the best way to buy a house? From a personal financial point of view, if you have sufficient funds, you can pay off in one lump sum without any stress when you buy a house in full. In the case of average economic capacity, it is necessary to consider the utilization rate of funds and the appreciation and depreciation of the currency.

If you can use the full amount of money to buy a house and invest it to earn more income, this is of course more cost-effective. If you don't have any other plans, you just want to save the money and don't use it to show its value, then it's better to use it to buy a house in full. In the case of economic slumps, of course, it is still recommended to take out a loan to buy a house, after all, this way is more malleable and not so stressful.

There are no absolute advantages and disadvantages in either way, and everyone can only make choices that can maximize their own interests according to their specific economic situation. If taking out a loan to buy a house can make you more stressed and work harder, that's not a bad thing. The monthly mortgage is not too much, and you may make an unexpected fortune in a few years.

There is no need to go through various approvals from the bank when buying a house in full, and it will not have a certain burden. Buying a house with a mortgage will cause pressure to repay, and it also needs to be reviewed by the bank, and it is more troublesome to see if the personal credit is qualified, so I personally think it is better to buy in full.

If it is 5 years, because the time is relatively short, it is more appropriate to pay in full, and the longer the mortgage to buy a house, the more cost-effective it will be, which can relieve the pressure well.

There is no need to pay interest to buy a house in full, and you can buy a house with a loan if you don't have so much money, so it's better to buy a house in full.

The full amount does not need to pay interest, and the mortgage to buy a house is to pay a certain amount of interest, both ways have their own advantages and disadvantages, if you can use the money to make money, more will invest in financial management, then the mortgage to buy a house is a better choice.

If it is calculated purely according to the amount of money, of course, it is more cost-effective to buy a house in full, because there is a high interest rate for buying a house with a loan. However, sometimes it is not necessarily more expensive to buy a house with a loan than to buy a house with full payment, which is mainly based on the rate of monetary inflation, and if the currency depreciates too quickly, the loan may be cheaper than the full payment.

Many people may be very puzzled when they see this sentence, how can the loan be cheaper than the full amount, when the loan is obviously very high, you need to pay a lot of extra money. At this time, it is necessary to make an assumption, for example, a house needs 1 million, and the down payment is 500,000, and the remaining 500,000 yuan will be paid to the bank in installments.

For example, if you repay a mortgage of 250,000 yuan in the first fifteen years, and the money is "worthless" at this time, then the remaining 250,000 loans and the 250,000 loans that have been repaid before are not of the same order of magnitudeHowever, there is no such clause anymore, and the current monthly payment is subject to change。As for whether it is better to buy a house with a loan or to buy a house in full, if you really don't have to think about money, of course, it will be better to buy a house in full.

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Hello! There are two ways to buy a house, full payment and loan, buying a house in full is to pay off the house in full at one time, no worries, but now China's housing prices are high, for most people, it is more difficult to buy a house in full, but a loan to buy a house means that you will pay more loan interest costs:

Regarding which way is more cost-effective to buy a house with full payment or a loan, let's first take a look at the advantages and disadvantages of these two methods.

Advantages of buying a house in full:

1. Save money. Although you have to come up with a large amount of money at one time, after paying the full price of the house, you will have no worries, you can save a lot of handling fees, loan interest, etc., and you can bargain with the developer to buy a house in full, and have the opportunity to get more discounts.

2. The process is simple. If you choose to buy a house in full, the buyer can sign a purchase contract directly with the developer, which is more time-saving and convenient, while the loan also needs to sign a loan contract with the bank, and the procedures are more complicated.

3. Easy to shoot. The house purchased in full is not subject to bank loans, and when the house price is **, if you want to sell the house, then it is more convenient.

Disadvantages of buying a house in full:

1. High financial pressure. Nowadays, China's housing prices are relatively high, and for most families, the pressure to pay all the housing payments at one time is relatively large.

2. The variables are large. Many real estate sales are off-plan, buyers will not get the house immediately after paying the house payment, in the process of trading, some pre-sale real estate may have various problems, which is relatively risky for buyers.

Advantages of buying a house with a loan.

1. The financial pressure should be less. Even if you don't have that much money in hand right now, buyers can make their dream of buying a home early with just a down payment.

2. You can make full use of limited funds. Loan buyers can use their funds to invest in some good projects, so as to earn more income, so that the funds in their hands can be used flexibly.

Disadvantages of buying a house with a loan:

1. The cost of buying a house has increased. Choosing to take out a loan to buy a house means that you have to pay a large amount of mortgage interest, which is equivalent to increasing the cost of buying a house.

2. High debt pressure. After taking out a loan to buy a house, the buyer will live a life of a house slave from now on, and will have to repay the mortgage every month.

3. The handling process is cumbersome. Buyers who take out a loan to buy a house need to sign a loan contract with the bank, need to provide cumbersome income certificates and other information, and the approval time is relatively long.

In general, buying a house with a loan and buying a house with full payment have their own advantages and disadvantages, and how to choose it depends on the actual situation of the buyer.

Taking out a loan to buy a house is not as cost-effective as buying a house in full. Because the loan to buy a house pays some more interest. There is no interest on buying a house in full.

Take out a loan to buy a house, such a practice. Not cost-effective. There are also more risks and high interest rates. So if you don't take out a loan, don't take out a loan, it's much better.

Let the tenants go to **! It doesn't hurt the poor, they want a house! There are tens of millions of mansions in Ande, and the poor people in the world are happy!

It is definitely not more cost-effective to take out a loan to buy a house than to buy a house in full, and those who take out a loan to buy a house have no way, because he can't get the full amount of the house at once, so he will take out a loan to buy a house.

Who is the happiest person to take out a loan to buy a house? It is definitely not the person who spends money to buy a house, but the bank, because the bank has an extra income, and it is not for nothing to lend you money, they need to charge interest, and the longer you repay, the more interest they will charge, and it is precisely because of the existence of interest that the loan to buy a house needs to be much higher than the original price of the house.

I have a friend who lives in Shenyang, and chose a loan when he bought a house, but this loan is surprising, and the cost of buying a house is about 1 million, but he also has to repay nearly 1.4 million yuan, and the remaining three or four hundred thousand yuan is extra money, what does this money mean to an ordinary family, I don't need to say that everyone knows it.

Someone is very ridiculous, he calculated an account for me, in order to prove that the loan to buy a house is indeed more cost-effective than the full payment of the customer, he said to me, he said that now the money is getting more and more hairy, in the past two yuan can buy a pound of pork, but today you may not be able to buy a pound of good pork for 20 yuan, what does this mean? It shows that the currency is gradually expanding, maybe you can buy a house with 1 million today, but after twenty or thirty years, you can't buy your current house with 1.5 million, and taking out a loan to buy a house now is equivalent to preventing inflation.

I think what he said makes sense, but I think it's better to buy a house in full because it saves a lot of things.

For example, a person who lives with a mortgage will feel a certain amount of pressure, do you dare to quit your job? Do you dare to do anything risky? Don't dare, you have to repay the mortgage, even if you don't eat or drink, you have to pay off the mortgage on a monthly basis, this is the sadness of being a house slave.

To sum up, buying a house with a loan will definitely not be more cost-effective than buying a house with full payment, otherwise the bank will not survive?

Regardless of whether you have sufficient funds or not, it is recommended that you take out a loan to buy a house: 1. The mortgage is the loan with the largest amount, the lowest interest and the longest time that ordinary people can borrow; 2. Inflation, money is becoming less and less valuable; 3. By taking out a loan to buy a house, you can buy a house with a higher total price and more room for choice.

I think that if the term of the loan is very long, it is not more cost-effective than buying a house in full, because if the term is too long, the loan to buy a house will pay a lot more interest.

Buying a house with a loan will not be more cost-effective than buying a house in full, because the house bought with a loan pays a lot of interest, and if the house is paid in full, it will be less than the money paid in the end.

Personally, I don't feel that it is cost-effective, because the interest on the loan is too high, and the interest for no reason has to be repaid half of the loan, but there is a lot of time and time, and the pressure has become greater every month, so it is better to have the ability to buy it in full.

Buying a house with a loan is not necessarily more cost-effective than paying in full, mainly depending on the economic trend within the future repayment period, whether the currency is depreciating and inflation.

It really is. If you take out a loan to buy a house, you are not financially short and have enough time and extra money to do other things.

The total value of the commodity remains the same, the less money you spend, the more cost-effective it is, if you don't pay back the money you left to do business, it's not impossible, the investment income is greater than the bank interest, this is your capital than money, otherwise he is a debt.

Buying a house with a loan is not more cost-effective than buying a house in full, and it is better to buy a house with sufficient funds. The amount of interest on buying a house with a loan is very large, and when the loan interest rate is high, it is still cost-effective to buy a house in full.

In 99, I bought a house with 125 square meters, 340,000 yuan, three bedrooms, two living rooms and one bathroom.

If you don't have the ability to buy a house in full, a loan is really cost-effective, because you can live in a house that you can't afford in advance, isn't it a good deal?

No, taking out a loan to buy a house is just because of insufficient funds, so choosing a loan, compared to having money to buy a house in full, the interest rate of taking out a loan to buy a house is still very high, and it is definitely not cost-effective.

Not bad money