Is it cost-effective to buy a house with mortgage loan?

At present, there are two most commonly used repayment methods of mortgage loans, one is the average principal repayment method, and the other is the equal principal and interest repayment method. Buyers should choose according to their own conditions. In the face of expensive housing prices, the vast majority of buyers buy houses by loans, but a few people choose to pay in one lump sum. Which is more cost-effective to buy a house with mortgage loan or one-time payment? The personal economic situation is different, and the trend of the property market is constantly changing. It may be difficult to have a standard answer to this question. "Post-70s" Xiao Wang: Take the old house as a mortgage to pay the down payment, and then mortgage to buy a big house. Asset appreciation: 6.5438+0 million yuan. Xiao Wang is a civil servant and his wife works in a bank. Both are out-and-out consumers. Strangely, however, the young couple who have money in their hands have made no achievements in family finance: two houses by the sea, a house of 90 square meters in the old city and an apartment of 150 square meters in the east of the city; Jiaojiang also has a 140 square meter apartment. Xiao Wang said that in fact, he didn't know how to invest and didn't spend too much thought on it. The success of real estate investment is purely "luck". The 90-square-meter house is the wedding room that parents gave to Xiao Wang. He has always dreamed of living in a big house since he joined the work. At the end of 2007, he took a fancy to a 150 square meter house in Linhai Commercial Street, with a total price of more than 500,000 yuan. The young couple liked the house as soon as they saw it, and the total price was not expensive. Xiao Wang took out all his savings, took some from his parents, made a down payment of 40%, and left 60% of the house payment and business portfolio loan. In this way, he bought the big house. All the loans add up to more than 300,000 yuan, and Xiao Wang contributes about 3,000 yuan a month. A few months later, Xiao Wang's classmates bought a house in Jiaojiang. It was 2008, and the property market was in a downturn. Xiao Wang is a little moved and wants to buy a house in Jiaojiang. But I just bought a house in Linhai, and now I can't even get a down payment. Xiao Wang had a brainwave and thought of mortgaging the first old house. Subsequently, Xiao Wang paid a down payment of 40% of the mortgage, and then made a mortgage of 60%. In this way, he bought a house of 140 square meters in Jiaojiang. In this way, the mortgages of the two houses add up to 700,000 yuan, and Xiao Wang contributes about 7,000 yuan per month. Fortunately, the couple's income is relatively high, and two-thirds of their income is for Gai Lou. After renting the old house, the rent plus the remaining salary is more than enough to live. Xiao Wang is very lucky. This house in Jiaojiang has experienced a sharp rise in house prices since it was purchased in 2009. At the end of last year, Xiao Wang received a phone call from his classmates, saying that the big house in Jiaojiang was very popular, and it was no problem to sell it for 165438+ 10,000 yuan. Improved housing in Linhai has increased by almost 400,000. "Post-80s" Kobayashi: "One-time payment is equivalent to buying one less suite." Xiao Lin is from Linhai. After graduating from college in 2006, I stayed in Hangzhou to work. My boyfriend is not from Hangzhou. If they want to settle in Hangzhou, they have to buy a house first. Just joined the work, their two monthly salaries add up to less than 10 thousand. Fortunately, their family conditions are good and their parents have the strength to support them. In March 2008, when the property market was quiet, Xiaolin successfully completed the purchase action: she paid 900,000 yuan in one lump sum and bought a second-hand house in the city center, with an area of about 60 square meters. Friends and colleagues around me are very surprised. Buying a house is such a big commodity consumption, isn't it all mortgage loans? How can I pay in one lump sum? Kobayashi said helplessly, "Because it's an old house in 1985, the bank won't give loans, so there's nothing we can do!" Xiaolin said that when she bought a house, she was a little hesitant when she learned that she had to pay in one lump sum. However, my parents said, since I have money, why should I borrow it from the bank? Direct payment can save a lot of interest. As a result, my parents took out almost all their savings and bought this second-hand house that could not be mortgaged. In 2009, house prices soared, and the value of this apartment purchased by Kobayashi rose from 900,000 yuan to 6,543,800 yuan. Kobayashi has a little regret. Not only her neighborhood, but the whole property market in Hangzhou is generally rising. If she had chosen a loan to buy a house, her 900,000 own funds could have bought another 60-square-meter apartment. Kobayashi calculated this way: judging from the income level of both families, it should be no problem to buy a house in other communities at that time, with a total price of 900 thousand, a down payment of 40% and a mortgage loan of 500 thousand. Because there is no loan, she is equivalent to buying a suite less. "If you chose a house that can be loaned at that time, the cash at home can completely pay the down payment for two houses, just in time for this round of skyrocketing." Although Xiaolin's house price has doubled, she is not so excited. "Now only this house. If you don't sell it, it will be boring to go up again. " According to the current market value of 1.8 million, if Kobayashi wants to change a big house in the future, people have to pay off the house in one lump sum, at least 1.8 million should be prepared, which may be difficult for ordinary families to accept. Don't pay more than half of your income every month. Judging from the experience of Xiaolin and Xiao Wang buying a house, mortgage seems to be more cost-effective than one-time payment. However, after this year's round of property market regulation, the threshold of bank mortgage has been raised, the interest rates of the second and third sets have also been raised, the price of mortgage will be higher and higher, and the rapid rise of house prices will not happen again. In the state of inactive second-hand housing transactions, it is not feasible to earn the difference by speculating on buying a house with bank loans. One thousand quilt cover, but also a high mortgage, the pressure can be imagined. In this case, some wealthy property buyers in Taizhou began to buy houses in full. Mr. Lin of Wenling bought three houses of Jiaojiang Marriott International at the end of last year, with a total price of nearly 4 million. He chose to pay the house price in one lump sum. Mr. Lin said that in his case, bank loans are definitely not easy to borrow, and it is better to pay back the spare money directly. "Buying a house must be based on your own economic situation and do what you can. Generally, the monthly payment should not exceed 50% of your income. " ICBC consultants said that buying a house must be rational and don't put too much pressure on yourself to repay the loan. In addition, at present, there are two most commonly used repayment methods of mortgage loans, one is the average principal repayment method, and the other is the equal principal and interest repayment method. Buyers should choose according to their own conditions. Matching principal repayment means that the total amount of principal repayment is the same every month, and the total amount of interest will be less, but the repayment amount in the previous period is higher, and the repayment burden will be gradually reduced with the passage of time. This method is very suitable for people with high income at present, but it is expected that their income will decrease in the future, and it is also suitable for customers who intend to repay in advance. Matching principal and interest repayment method has the same monthly repayment amount and more total interest under the same loan, which is suitable for people with high repayment pressure and stable income in the early stage.