Just down payment, overpayment or underpayment?

At present, the property market is in the peak season of sales, and many young people just need to buy a house. The funds they buy a house are mainly loans. Although it is also a loan, the down payment directly affects the monthly repayment. Recently, some citizens have consulted that the central bank has cut interest rates twice in a row this year, and the market is expected to enter the interest rate reduction channel, and the loan interest rate may be further lowered. So when making a loan, is it more reasonable to bite the bullet and pay more down payment or pay according to the minimum requirements of the bank? Doubt: Do I have to pay more down payment for buying a house at present? Recently, Zheng Xiao, who works in Optics Valley, is going to buy a house with a down payment of 400,000 yuan in his hand. He is very entangled: asking for 30%, down payment of 300,000 and loan of 500,000; Or pay all 400 thousand and borrow only 400 thousand Zheng Xiao introduced that this 400,000 yuan is all the savings of himself and his parents. If it is used as a down payment, there are only a few thousand dollars left. A friend reminded me that it is better to pay 30%, 300,000 yuan first, and the remaining 65,438+10,000 yuan to save for emergency. And now is the channel to cut interest rates, so it is better to borrow more from banks. Zheng Xiao expressed his confusion in the online forum, and netizens had clear views. It is suggested to pay more down payment. The bank's mortgage interest rate for more than five years is 6.55 percentage points, while the deposit interest rate for more than five years is only 5. 10 percentage points. The more down payment, the less interest paid to the bank. Some netizens think that the less the down payment, the better: generally speaking, the currency is depreciating. Now 654.38+ 10,000 yuan can be simply decorated. After three years, it may not be enough. It is better to keep the renovation; And dynamically, the income of young people is not static. At present, the monthly payment accounts for 1/3 of income, and it may take three to five years to account for 1/4, so it is better to borrow more; Some banks can also discount the interest rate of the first suite; Young people will face more expenses in the next few years, such as buying a car and raising children, and they need to prepare some cash properly. Accounting: the down payment is 65,438+10,000, the monthly payment is less than 635, and the down payment is 65,438+10,000. How much can the monthly pressure be reduced? According to the situation in Zheng Xiao, if the benchmark interest rate is 6.55%, the down payment is 300,000 yuan, and the loan is 500,000 yuan, the monthly payment is 3 176.8 yuan; If the down payment is 654.38 million+,that is, the down payment is 400,000, the loan is 400,000, and the monthly payment is 254 1.44 yuan. In this way, the down payment is 6.5438 million yuan, and the monthly payment is 635.36 yuan less. Compared with the loan of 400,000 yuan, the total interest in 30 years is more than128,729 yuan. And this 6,543,800 yuan, if you choose a five-year time deposit, regardless of the interest rate increase factor, the interest income is 25,500 yuan. It can be seen that the extra down payment reduces the interest expense in the long run. However, the above algorithm does not consider inflation, personal income increase and other factors; Nor did it take into account that at present, most property buyers actually do not have the long loan period. The reporter interviewed a number of banks and learned that many borrowers began to repay their loans in advance on 5- 10, and will not pay interest in full for 30 years. Tips: The down payment depends on the income expectation. A personal loan officer of Huaqiao Sub-branch of a bank said that in the past, young people would "bundle" the savings of two generations when buying a house, striving for more down payment and less loans. But the result is that after buying a house, young people dare not spend a lot of money for quite some time, so they can only pay back the loan wholeheartedly or save money for decoration. In fact, some people now understand that the rational use of bank loans is also a way of financial management, such as paying down payment according to regulations and extending the loan period appropriately; Keep some money on hand for "charging" or other purposes. When the economic strength is improved, early repayment can also save interest. Insiders reminded that if you buy a house and live in it, you can reduce interest expenses, and you can pay more down payment. In addition, if there are good investment channels, the down payment can be less (as long as it reaches the proportion stipulated by the bank). In addition, overpayment and underpayment of down payment are also related to personal income expectations. If young people don't have much savings now, but their jobs are relatively stable, and their future income will be higher and higher, they can pay less down payment and leave cash for other necessary purposes; If the job is not very stable, you can pay more down payment while you have sufficient funds to reduce the pressure on monthly payment.