Do you want to return it in advance:
If you don't want to take any risks, you can only buy risk-free wealth management, government bonds and certificates of deposit, and there is no liquidity demand. Of course, you can consider returning them in advance.
If there is no good investment method, we only know that money funds, bank financing, stock trading, funds are worried about risks, have a thin family, have little disposable income, and do not need liquidity to repay in advance.
Or you just want to be debt-free, carefree and happy. No loan is freedom. After all, happiness is more important. If you are happy, you must pay it back in advance.
I haven't paid attention to the mortgage interest rate for a long time. I never thought about prepayment, not because I have no money to repay it. I just think that among all the loan channels in the market, the interest rate of bank loans is very, very low, and individuals rarely have the opportunity to borrow from banks at low interest rates. For most people, mortgage may be the only chance (I just looked at the 20-year loan interest rate of 4.75%). There is also a provident fund loan applied for last year, even if it is killed, it will not be repaid in advance. I can't remember the specific interest rate. It seems to be 3.26% or 3.56%, so low that I have no friends.
Inflation:
In recent years, not only house prices are rising, but also all kinds of prices are rising. Correspondingly, the currency is depreciating, and the repayment amount of the mortgage is fixed when the bank loans. Unless the interest rate adjustment affects the change of repayment amount, it will not increase with the price increase. Under normal circumstances, the speed of making money is getting faster and faster, and the ability to make money is getting stronger and stronger, although it may not keep up with inflation.
According to Mr. Ren, the currency depreciates by 15% every year, and now the value of 100000 cash is equivalent to 4486438+070000 after10. Money has been overspending, currency has been depreciating, and money is becoming less and less valuable, but loans are different. Your loan has no inflation, and now you owe the bank 1 10,000 (excluding the intermediate repayment, the calculation is too complicated and the calculator is not at hand). 10 years later, you still owe 1 10,000, plus interest of more than 200,000, plus compound interest.
If you pay 1 10,000 yuan to pay off the mortgage in advance 10 years, why should you use "more valuable" money to pay 10 years later "worthless" money?
What financial management:
Trusts and funds (all risky, without capital preservation and income guarantee)
If you are a qualified investor:
More than 2 years of investment experience is required, and any of the following conditions must be met:
The net financial assets of the family are not less than 3 million yuan.
The family's financial assets are not less than 5 million yuan,
Or my average annual income in the past three years is not less than 400,000 yuan.
Although trust is not absolutely safe now, the risk-return ratio of trust is still very competitive among all domestic wealth management products because of the popularity of Anxin, Chuanxin and Huaxin, the delay of Yunnan-Guizhou and the bankruptcy of real estate industrial and commercial enterprises.
For example, big-name trust companies with the background of central enterprises and platform projects of Jiangsu and Zhejiang governments have better regions and lower liabilities. The income is about 7%, and the interest is paid quarterly for two years, which is relatively stable. If you buy 6.5438+0 million or 2 million, the income can completely cover the mortgage. Compared with prepayment, there is still good liquidity in hand, which can be transferred at critical times, although the income is not as good as that of currency.
If you have a strong risk tolerance and are willing to take more risks and get more benefits, you can also consider configuring some private placements with big brands and good historical performance. If you buy 100 or 2 million for long-term market neutrality and quantification, you should also have good returns (investment is risky and you need to be cautious when entering the market).