Should I pay off the loan with more than half of my monthly income?

In fact, this question also depends on your work situation, income situation, family situation and other circumstances. For example, whether the job is stable and there is no risk of unemployment. What is about half of the income, whether the parents at home can help or need you to support them, etc.

I think it's oneInvestment-relatedproblems. Here are some of the reasons why you should use more than half of your monthly income to repay the loan.

Liabilities are also assets, and in 2014 I borrowed a million to buy two houses, which was really an opportunity for me. The city I live in is a third-tier city, but a few years ago it was classified as a national central city, and after I searched the development history of Shenzhen as a central city in the north of the year, I found that the biggest change was the housing prices.

So, I bought two houses in a key area of urban planning, and the house price at that time was 4,0100 square meters, and I didn't have much money at that time, so I applied for a loan, a total of 1 million. It's a lot of financial pressure for me. But I gritted my teeth and survived, and two years later, housing prices doubled.

That's when my liabilities become fixed assets.

In addition to the house, you can also be in debt for what.

Life is not only about buying a house, we can also invest in our own minds or some other beneficial resources around us. For example, buy some investment courses, or learn a skill. It may take money to learn this, but we can spend it for it within our means.

A friend of mine is studying every day, and he also experienced losses at the beginning, and even lived by swiping credit cards, but after a year, he was worth millions. He took out half of his salary to bear this debt, not on a whim, but to do things with a purpose and a plan.

Rational debt. There are risks in investment, and there are pros and cons to debt, so we can't blindly follow each other in everything we do.

Anyway, let's see which one weighs more. If you want a house more, you should. If you want to spend your money somewhere else, you shouldn't. You can't have both fish and bear's paws, and if you have it, you will give it. You can take out 30% to repay the loan, and 30% for the family.

Buying a house to repayWhen I bought a house, I had to live in the house every day, and it was right to use the things I used every day to be nice to myselfSo, if you really want to buy it, then buy a good one. First of all, the subject is single, and half of his salary is enough to repay the loan, so how can the loan repayment funds only increase after getting married? In the time you can expect, what level of salary**, if after five years, this part of the monthly payment only accounts for 30% of your salary, then it doesn't matter if it is hard now.

Is it worth it, how long can you borrow, less than 6% interest rate, in addition to the mortgage, is there a lower one? How much can you borrow, you have only worked for five years and have 600,000 savings, which shows that there is a lot of room for growth, 50% now may be 20% in a few years, and you are still young and the risk is not great. Money is used for investment, and the body is used for education.

Maybe everyone's lifestyle pursuit is different

What is the purpose of buying a houseIf you want to have a home that you can live in, a warm home, and a home where you can relax, then it is nothing to take out your general salary to pay off the loan. If you're looking for it to appreciate in the future, that's okay. After all, the house price is growing so fast now, and if you buy it a year earlier, you can save ten years of struggle.

If repaying the loan affects your normal life, then it is not necessary. Because if something goes wrong, you don't have the balance to pay the loan.