when buying a house, the borrower needs to pay a down payment, but what should I do if there is no down payment? At this time, many people want to pay the down payment by credit card, so can they pay the down payment by credit card? Do you pay attention to it at ordinary times? Below I will give you a specific introduction.

You can swipe your credit card when you pay the down payment, but some banks will set a credit card limit. Even if the cardholder has a large amount, it is difficult to swipe it at this time, which needs your attention. If the credit card amount is not enough, you can also apply for a temporary credit line at this time, which can meet the needs.

Generally, the down payment of mortgage is relatively large, so users must return it on time after spending by credit card, and it cannot be overdue. However, when an individual can't repay the loan on time, he can use the installment payment, but he needs to pay the installment fee when using it. The installment fee charged by different installments is different.

credit card points will not be generated when using credit card to pay mortgage down payment. In addition, buying a house by credit card will also have a certain impact on the subsequent credit increase. Large abnormal transactions, especially credit card payment on the capping machine, are easily considered as risky transactions by banks, and it is not easy to apply for credit card withdrawal in the future.

if the down payment is made by using the temporary credit card limit, the temporary credit card limit should be returned in one lump sum when the credit card debt is returned, and installment repayment or minimum repayment amount is not allowed. Therefore, you should measure your repayment ability before using the temporary line to avoid the situation that you can't return it on time in the later period.

It's best not to refund the down payment for buying a house by credit card. If there is a refund, it will take a long time to refund, which will generally exceed the interest-free period of the credit card. At this time, you need to advance the money yourself, and the pressure will be greater.

it is best for users not to use credit cards to pay the down payment when buying a house, or to use them as little as possible. After all, they need to return it on time after use. If they can't return it on time, their personal credit will be affected. Poor personal credit will affect the handling of various loans, and ordinary banks will not pass it.