When growing up, inevitably, you will live independently. When that time comes, you have to start looking for a place to stay. Usually, in the early days of independence, people will live in the apartment or house to rent. But, over time you’ll want to have your own place. However, housing prices, especially in big cities is getting higher. It seems impossible to be able to buy a house if only rely on the monthly income of people in general. For that, many people are encouraged to use credit (mortgage) when buying a home. Many opinions pros and cons of a home purchase in this manner. For most people, buying a home with a mortgage is considered as force yourself to buy stuff that is beyond your financial capability.
If you want to own a home, but you do not have sufficient fund yet, maybe you can use alternative way is to use a credit (mortgage). By doing so, you can buy a home in installments. The length of time also depends on the ability of your financial credit. Buying a house with a mortgage, you do not need to collect a lot of money at the time, you need to think about is collecting advance. Afterward, you just prepare installments that amount is certainly lighter. In the early payment of the mortgage, it would be hard. However, in line with inflation, the amount paid will be noticeably lighter or even not felt. The biggest advantage of buying a house of mortgage is of course because the house can be occupied immediately. Yes, reckoning deflecting home rents for crediting the home which we will have.
The property is different from other commodities. Call it by car or electronics. The car that you buy today will certainly decrease the price next year, as well as electronic goods always come down in price, or even the next 10 years of your car has been difficult to sell even at a low price. Unlike the case with the property which is always experienced price increases from year to year. The price of land is always increasing. It cannot be denied because the population is increasing while the land is limited or will never increase. In performing loans, including mortgages, you should always remember to pay the mortgage before maturity. It is necessary to do so that your expenses are not getting bigger, and your credit record remains good in the eyes of the bank. So, it can facilitate you in the future. Nothing in the history of home prices declining. So, home mortgage is very profitable.