On my side, most people buy houses by installment. In fact, there are two main considerations for people who choose to pay by installment. One is that the funds on hand can't meet the demand for housing. Nowadays, housing prices in many places are so high that most people can't afford them. Therefore, they choose to buy a house by installment. Another reason is that from the perspective of investment income, if users have enough funds on hand, they can keep some of them in their own hands by installment. At present, the interest rate of bank mortgage is between 5% and 6%, and the interest rate is relatively favorable. Users leave the loan amount in their own hands to invest, and the rate of return obtained through investment exceeds the interest rate of mortgage, so users can earn more money, so some people will choose to buy a house by installment.
Buying a house is one of the most important things in our life. With the development of national economy, the urbanization rate is getting higher and higher, and a large number of people enter cities from rural areas. Originally, they had a house in the countryside, but they didn't have their own house in the city. In order to live and work in the city, many people began to buy houses in the city. Having a house will bring a lot of convenience to children's study and personal work, and it will also make people from rural areas feel more belonging. So everyone regards buying a house as a compulsory course in life.
Many people will consider whether to pay by installment or lump sum when buying a house. Actually, I don't think it's necessary to worry about this. You should proceed from your actual situation. If you have sufficient funds, you can choose to buy a house in one lump sum. If money is tight, you can choose to buy a house by installment.
Hello, I'm Lao Xu, a struggling financial worker. Please pay attention to me and discuss financial problems with me!