What is the best way to pay for a house? How to pay for buying a house is cost effective

Hello, the choice of repayment method actually depends on your actual situation. The actual situation of different customers corresponds to the appropriate repayment method is different, from the equal amount and equal principal repayment method in the monthly payment and the final repayment of the interest rate to compare, the equal repayment method in the interest rate remains unchanged, is to fix the monthly payment amount in advance, convenient for you to remember. The equal principal repayment method is to divide the principal amount of your loan into equal amounts over the term of the loan, and repay the same portion of the loan principal each month.

Because the monthly repayment interest is calculated based on the loan principal, the equal principal repayment method has higher requirements for the customer's initial repayment ability, and the initial repayment pressure will be greater, but the monthly payment is decreasing on a monthly basis, and the pressure will be smaller and smaller in the later stage of repayment. At the same time, if the interest rate and other conditions remain unchanged, the interest part of the final repayment of the loan will be higher than that paid by the equal principal repayment method.

To calculate the loan interest or monthly repayment amount, you need to know the loan principal, loan term, repayment method, and annual interest rate of the loan. If the above information is confirmed, you can try to calculate it through the loan calculator of our bank, and log in to the bottom right of the official website of China Merchants Bank to find the "financial calculator" - personal loan calculator to calculate.

A lump sum payment means that the buyer will pay the full amount of the purchase price in one lump sum immediately after signing a contract with the developer. One-time payment, generally speaking, there are discounts or discounts, and those who buy existing houses generally have a discount of about 2%-5% of the house price; If you buy off-plan housing, you can generally discount about 5-10% of the house price. But for the buyers of off-plan housing, although they get a discount, but the risk of buying a house also increases, such as the developer's project delay, the cost of additional funds and "one daughter and two marriages", etc., are beyond the control of buyers, and it is likely to be due to the improper choice of the developer, which may bring several times the loss of the discount.

Therefore, for those who choose to buy off-plan properties with a one-time payment, they should carefully compare and analyze the discount return they receive and the risks they take. ‍‍

Mortgage payment means that when the buyer buys a house, due to insufficient funds, applies to the bank for a housing loan, Wansheng Xingcheng obtains part of the loan with the approval of the bank, and the applicant repays the principal and interest of the loan to the bank at the specified time according to the mortgage agreement. After applying for a mortgage to purchase a house, the transfer of property ownership is not the same as the delivery of the house, and the general situation of Wansheng Star City is that after the house is delivered to the buyer for use, the seller or the bank providing the mortgage still retains the ownership of the property until the buyer pays off the principal and interest of the loan. When the buyer fails to meet the obligation to pay the house price, the mortgage bank has the right to take possession of the property and auction it off to pay off the arrears. ‍‍

The latest regulations of the country! Every place is safe according to the minimum wage standard of each place, and a house is bought and sold in one square meter! Thumbs up for support!

Cement roof, brick wall, look up and look in the air, ask **, people's hearts are cold. It is difficult to buy a house in this life, but it is like a cow and a horse busy all their lives, the autumn breeze is cool, and the cold is long. A cup of sorrow is sent to Qingjiang, looking at the building, people are broken, the family closes rations, it is difficult to buy a square meter all year round!

The advantage of buying in full is that there is no interest, but the funds are used at one time, which is not suitable for people who invest in business, because the flow of funds for business is relatively large, and if you invest in buying a house at one time, it may lead to a shortage of funds. Depending on the personal economic conditions, if it doesn't work, you can also buy it with a mortgage. Or buy it in installments.

According to the experience of my uncle's family, it is better to buy a house and pay it off all at once, and I don't need to bear the interest, while the situation of my uncle's family is to bear the interest for 20 years, which will be repaid for many years, anyway, I will not take out a loan in the future, and when I have saved enough money, I will buy my own house at once.

It depends on which city you are in, and prices vary from city to city. Small cities can still buy a partial order, big cities are enough to choke alone, and only suburban houses can be considered. If you have a provident fund, it is best to use a provident fund loan with a lower interest rate.

I think it is most appropriate to buy a house with a loan, and use the funds in hand to make other investments, and the money will become less and less valuable in the future.

If you want to buy a house, of course, the full payment is the best, you can save a lot of interest, you really can't afford to pay in full, the fewer installments, the better.

If you have the ability, you can pay the full amount, after all, it is a lot less interest. If you don't have it in hand, it is recommended to pay in installments.

I can't understand this thing about the house.

Real estate buying and selling is generally the transaction with the largest amount of funds used in personal consumption behavior, so whether it is domestic or foreign, the purchase of commercial housing is generally allowed to be purchased by installments. This can not only reduce the pressure on buyers to pay money, make it possible for ordinary income earners to buy houses, but also activate the real estate market and accelerate the development and construction of residential buildings. However, due to the fact that in the sale of commercial housing in China, the bank provides loans (that is, the so-called "mortgage") for home buyers is not yet universal, so there is still a gap between China's current house purchase installment payment and the internationally accepted concept of house purchase installment, and the one-time payment is very common.

Let's start with a one-time payment. It means that the buyer of the house pays the full price of the house in a lump sum within the time agreed in the contract, and the seller of the house transfers the ownership of the house at the same time. This method is relatively simple to operate, and its biggest advantage is that a one-time payment can generally get about 2%-5% of the price discount from the seller.

The disadvantage is that for the average home buyer, raising so much cash at once, in addition to borrowing money from friends and family, if you withdraw a deposit from the bank, it will often cause a loss of interest. In addition, for those who buy off-plan housing, a one-time payment may also increase your risk of buying a house, if the developer does not deliver the house on time, or even the project is "unfinished" (the project cannot be completed due to insufficient funds and other reasons), then you may lose more interest, or even all of it.

As for the purchase of a house by installments, it generally means that the buyer pays the full price of the house in several times within a certain period of time according to the agreement of the sales contract. The characteristics of this method are:

1. Installment payment is generally used when buying off-plan housing, which is also known as construction period payment. When the buyer pays the down payment, he signs a formal house sale contract with the developer, and when the house is delivered for use, he pays all the house payment and handles the transfer of property rights.

2. There are also cases of installment payment for the purchase of existing houses. The delivery of the house is not the same as the payment of the house price, the delivery of the house comes first, and the cash payment comes later.

The disadvantage of installment payment compared to one-time payment is that the interest rate of installment payment is higher than the amount of one-time payment because the interest rate of installment payment is higher the longer the payment period. However, if we compare inflation and personal income growth rates with affordability, instalments are still more cost-effective for homebuyers. It should be noted here that the payment method of installment payment is generally agreed by the buyer and seller in the contract that the payment will be paid in stages according to the progress of the project development, and only a small part of the final payment will be paid off when the house is delivered.

The advantage of this is that the buyer may use the housing payment to urge and restrict the developer to develop the construction project at the agreed time, and at the same time, the buyer can also relieve the pressure of one-time payment.

1. One-time payment.

That is, the two parties sign the sales contract within a certain period of time (usually about a month) to pay off 95 of the house price, and the remaining 5 are paid in one lump sum at the time of delivery. The one-time payment process is simple and the rate discount is high, but it takes up a lot of money. For off-plan properties, a lump sum payment means taking on more risk.

At present, due to the hot real estate market in Shanghai, there are also developers who require buyers to pay a one-time payment of 100 for the house, we believe that buyers should still leave some balance in their hands, so that they will not be too passive when handing over the house, and there are some problems in the delivery of the actual delivery, leaving the balance in hand, which has a certain effect on striving for a positive and moderate attitude towards the developer. Judging from the current practice, because the current Shanghai real estate market is hot, therefore, the one-time payment developer basically no longer dismantles the housing price.

2. Installment payment.

Generally, after paying off the down payment, the payment will be made in several installments with the progress of the project, until the full payment is made after the delivery of the house, and there are two ways: interest-free payment and low-interest installment payment. Although installment payment can reduce the financing pressure and capital risk, it is time-consuming and laborious, and it cannot enjoy preferential treatment.

In addition, according to the Reply of the Supreme People's Court on the Issue of the Priority Right to Compensation of Construction Project Prices adopted by the 1225th meeting of the Adjudication Committee of the Supreme People's Court on June 11, 2002, after the consumer has paid all or most of the money for the purchase of a commercial house, the contractor's priority right to be compensated for the construction price of the commercial house shall not be against the buyer. Therefore, if the buyer chooses to pay in installments, he should pay attention to this provision of the Supreme People's Court. This is because only after the consumer pays all or most of the price for the purchase of the commercial house, can he become the subject of the highest priority compensation before the contractor.

If, at the time of the dispute, the purchaser who paid in installments has not paid all or most of the amount, he cannot enjoy the highest priority right to compensation according to the judicial interpretation.

3. Bank mortgage loans.

That is, the so-called real estate mortgage loan, which is a payment method in which the bank pays the house price to the real estate developer in advance, and then the buyer pays the loan principal and interest to the bank on a monthly basis according to the agreement. Bank mortgage loans allow home buyers to truly enjoy the advantages of bank financing, but the procedures are more stringent. At present, China adopts a combination of fixed interest rate and floating interest rate, and the interest rate of personal housing loans is fixed for one year, and the interest rate level of the current year is determined according to the corresponding grade interest rate at that time in the first fiscal year.

At present, bank mortgage loans are the most important way for Shanghai citizens to purchase commercial housing.