Thanks for sharing your experience! It seems that the key is to look at your concept!

Second, is it cost-effective to buy a house with a loan or to buy a house in full?

1. In fact, these two payment methods have their own advantages. First of all, we should consider family income and economic strength. If it is difficult to pay the full amount, resulting in a decline in the quality of life, it is recommended to borrow. If the economic strength is strong and you have plenty of money, you may choose the full amount to avoid the pressure of repayment. 2. Fill in the personal housing loan application form and apply to the corresponding bank. 3. After the bank approves and signs the mortgage contract, the bank will have a special person to review the authenticity of the materials and then approve them step by step. 4. Apply for the certificate of other rights of the house.

Third, which is more cost-effective to buy a house with a loan or a one-time payment?

Before buying a house, it is necessary for buyers to know in detail the advantages and disadvantages of buying a house in full and buying a house with a loan, and see which way is more suitable for them in order to better allocate funds.

How should buyers choose according to their personal needs? This should be judged according to the characteristics of buying a house in full and buying a house with a loan.

What are the advantages and disadvantages of buying a house in full?

Advantages:

1, the overall expenditure is small.

Although buying a house in full will cost you a lot of money at once, even your savings for most of your life, compared with buying a house with a loan, you can save various fees and other expenses such as bank interest. Generally speaking, it costs less than buying a house with a loan and is relatively more cost-effective.

2. Preferential measures for purchasing houses

For one-time payment of property buyers, some developers will give certain concessions, varying degrees. For example, if you buy a 4 million new house in Shanghai and give it a 98% discount, you can save 80 thousand.

3, the process is simple

If you buy a house in full, you can sign a contract directly with the developer. There is no need to go through the complicated process of bank loans, provide complicated materials such as income certificates, and avoid bank mortgage fees such as mortgage registration and insurance fees.

4, convenient shooting

The house purchased in full is sold without bank loans, which is more convenient for buyers. Once the house price rises, quickly change hands and cash out. Even if you don't want to sell, you can mortgage your house to the bank when the economy is in trouble.

Disadvantages:

1, with great financial pressure.

Buying a house in full requires the buyer to pay all the money in one lump sum, which may be hundreds of thousands, hundreds of thousands or even millions. This is not something that ordinary families can do. Most people's families have to bear great pressure and work very hard to collect money in advance.

2. There are many variables.

Many properties will require buyers to pay the house price during the pre-sale stage. However, in the transaction process, many pre-sold properties have various problems. Although the sales staff promised to solve the problem within a certain period of time, for the buyers, the risk variables are large.

What are the advantages and disadvantages of buying a house with a loan?

Advantages:

1, with less initial investment.

Buying a house with a loan is to spend money in the future and realize your dream now.

Mortgage loan, that is, borrowing money from the bank, can buy your own house without spending a lot of money right away.

Buying a house by loan is to solve the difficulty of raising a large amount of funds in a short period of time on the basis of installment payment, and break down a large amount of funds into long-term small funds to repay the loan.

Therefore, the most obvious advantage of mortgage purchase is that you can buy a house with less money, which is the best choice for those who want to buy a house now and have insufficient funds.

2. The risk of buying a house is low.

Bank checks can filter out some of the risks of buying a house.

Banks will review and evaluate developers to confirm the safety of loans, which to some extent excludes some developers with poor qualifications and insufficient strength.

If you buy a house in full or the developer runs away, buyers need to spend a lot of time to recover the house payment.

3. Make full use of limited funds.

The loan to buy a house gave the buyers extra money. In this way, buyers can use the funds separately, such as renting a house by loan, and then operate other projects, which makes the use of funds more flexible.

4. Fight inflation

In the long run, there are obvious signs of currency inflation, and the currency will become less and less valuable. You pay 5,000 yuan a month now, and in 20 years, you may only be able to buy things from 50 yuan. Using future money to consume present things can not only effectively fight inflation, but also enhance asset value in disguise.

Finally, I want to say that everything has advantages and disadvantages. There is no best, only what suits you best. If you are a traditional person and have the ability to buy a house in full, and debt will make you fidget all day, then there is no more reason to buy a house in full except to live comfortably. If you are short of funds or have good financial management ability, then you can borrow money to buy a house and come to Qian Shengqian.

Disadvantages:

1, debt leads to great psychological pressure.

Although I bought a house and lived in it, it is a heavy burden for many people to pay part of my salary every month to repay my mortgage.

Debt can easily lead to psychological stress and affect physical and mental health. The traditional habits of China people are not allowed to make ends meet and pay attention to the economy, so it is not suitable for conservative people to borrow money to buy a house.

2, the process is cumbersome

Another worry about buying a house with a loan is the cumbersome procedures. Property buyers should not only meet the conditions of buying a house with a loan, but also prepare complete information and handle it step by step according to the process. Sometimes it may be because a file wastes many days, and the whole process is long and complicated.

Fourth, is the house loan completely cost-effective?

Buying a house in full and buying a house with a loan have their own advantages and disadvantages. However, from the perspective of the cost of buying a house alone, if the buyers choose to buy a house in full, the general developers will give some concessions, but the financial pressure for buying a house in full is great. If you buy a house with a loan, you generally don't enjoy the discount of buying a house. In addition, the loan still needs to repay the loan interest, but the pressure on the loan to buy a house is small. The feature of buying a house in full is 1, and there is no interest. Most people say that inflation is severe, and their income will increase in the future, and they will definitely borrow money to buy a house. However, you can calculate for yourself. It takes hundreds of thousands of interest to pay off the loan in 20 years, most of which is the upfront interest. Therefore, personally, if the funds are sufficient and there is no other way to earn more, it is ok to buy a house in full. The procedure of buying a house is very simple. If you choose to buy a house in full, buyers can sign a purchase contract directly with the developer. Compared with the loan to buy a house, the process is relatively simple, avoiding many things in the process of buying a house. For example, a series of troublesome things such as providing proof in handling bank loans. 3, it is convenient to change hands in the future. Usually, a house bought in full is easier to sell and is not subject to various bank constraints. When the house price rises, it can be sold as soon as possible to strive for greater profit space. On the other hand, the full amount can also be used as a mortgage loan when the economic pressure of buyers is relatively high. Legal basis: Article 25 of the Provisions of the Supreme People's Court on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases: If the lender requests the borrower to pay interest at the interest rate agreed in the contract, the people shall support it, except that the interest rate agreed by both parties exceeds four times the listed interest rate in the one-year loan market when the contract is established.