Before and after the Spring Festival, many families are expected to receive the year-end bonus amount ranging from "". Buy a house, buy a car for a loan and the "housing slave", "car mortgage slave", is to advance owing on the loan is good? Or investment hot current financial products more cost-effective?

    Experts advise: Provident Fund loans to buy a house and don't worry also
    From the differences in the rates of all kinds of products, the year-end bonus on sound financial management products, may be better on ahead of the return of outstanding bank loans. Enjoy the provident fund loans to buy a house, or mortgage, car loan enjoy preferential interest rate the friend not to worry. The mortgage as an example, according to the latest interest rate loans, provident fund loan annual interest rate of 5 for a period of 4%, more than 5 years for a period of 4.5%. There are some in 2008 and buy a house of friends, enjoy 30 percent off preferential interest rates of commercial loans, the real rate of interest cost 5 years period is about 4.03%, more than 5 years for a period of 4.16%.
    At present, a lot of prudent financial management product yield more than 5%, enough to cover the provident fund and the 30 percent off business loan interest cost. But some higher yielding money fund yields even has been maintained at more than 6%, more than a full commercial loan interest rate.
    Diagnosis: choose an alternative products
    Currently on the market for early repayment of alternative financial products many, return sound monetary fund is a good choice. Galaxy Securities statistics, as of February 14th, China's 99 Monetary Fund (Class A), a total of 36 funds 7 year returns ratio is still higher than 6%.
    To achieve T+0 redemption, monetary fund Hui Tianfu high mobility of Bao cash as an example, as of February 16th, Hui Tianfu Bao cash money already continuously 58 days 7 year rate of return of more than 6%.
    Liquidity is very important for the loan people, in real time to redeem the upper limit, the highest in the industry department Campbell, reached 5000000 yuan. Investors can see the monetary fund daily rate of return. As long as the monetary fund rate of return higher than their bank mortgage interest rates, can consider to put money to continue to earn income in the monetary fund.
    If the initial remission after the financial side, the IMF yield began to fall, when money fund yields less than their mortgage interest rates, investors can consider whether the monetary fund into a house.