Owners who bought a second house in 18 to 21 years are looking forward to a reduction in the interest rate of the existing mortgage, but they are not looking forward to a reduction in the mortgage! The interest rate of the second house is still unchanged, and the supply of housing is so tired!
Today, I received a text message about the reduction of the interest rate of the existing mortgage, but I was not happy at all, and my scalp was numb when I thought of the mortgage!
The interest rate of the existing mortgage has been adjusted and the monthly payment has been reduced, which should have been a good thing, why can't I be happy?
Because, I am the poor owner of the second house in the high position! The interest rate of the existing mortgage has been reduced, but the interest rate of the first house can only be reduced, and the interest rate of the second house is still unchanged!
In 2021, on impulse, I took out another loan to buy a house, and I fancy the elevator room, and the school district is better. The family originally lived in a step house, climbing up and down every day, the elderly were very strenuous, and the supporting middle school in the community was also very general.
As an anxious parent, the more I think about it, the more uneasy I become, plus I have a little savings in my hand, and I can't control the idea of buying another house to read to my children, and I struggled for a few weeks, and finally made a move!
The house is four bedrooms and two living rooms, with a total price of 1.92 million, a down payment of 680,000 yuan, a loan of 1.25 million, 30 years, and the monthly payment starts from more than 9,900 yuan and decreases month by month. At that time, the income was high, and I spent more than 10,000 yuan a month to provide housing, and I felt that the problem was not big at all.
Unexpectedly, the property market became more and more cold day by day, and I was unemployed, and finally although I found a job, I achieved re-employment, but my income fell off a cliff, my wife was also reduced, and the monthly family income was reduced from more than 30,000 to more than 10,000 yuan.
Today, I have two houses to repay, and the first house is repaid 2370 yuan per month, with an interest rate of 4.655%; The interest rate at the beginning of the second house was reduced from 6.2% to 5.85%, and it was still 8,800 yuan per month, and the two houses combined had to repay more than 11,000 yuan!
When buying a house, I never imagined that my income would drop so much! Originally it was very easy to provide a house, but now after repaying the mortgage, there are only three or four thousand yuan left, there are old people at home, no pension, there are children, everything has to cost money, and the feeling of being stretched is crushing!
I finally looked forward to the interest rate of the existing mortgage can be reduced, I thought that whether it was the first house or the second house, who knew that only the first house could be adjusted, and the second house was motionless!
For me, the interest rate for the first home is not high, the monthly payment is not high, I received a notice today, from 4.655% to 4.2%, but what is the use! The monthly payment can't save a few yuan, but the monthly payment of the second home loan is as heavy as a mountain, which overwhelms me!
The interest rate is too high, the interest is too much, the savings in recent years have been saved in vain, the second house has repaid the mortgage for more than two years, the interest has been paid nearly 200,000, and the principal has only been repaid tens of thousands! It's so fierce as a tiger, it's tiring to think about!
At night, I frantically called friends and relatives, borrowing money for 12,000 or even thousands. I must scrape together 330,000 yuan and settle the mortgage of the first house in advance, so that the second house can become the interest rate of the first house, from 5.85% to 4.3%, and save a lot of monthly payments!
Friends who have two house loans in hand, must work hard, no matter what, they must repay the first house with low interest rates and low loans in advance and settle the accounts, so that the high interest rate of the second house loan can be turned into the first set of treatment, and the interest rate can be reduced!
Ordinary families who bought improved houses in 18-21 years really stepped on the highest point of interest rates and house prices! Today, house prices have fallen, and more than a million houses can lose hundreds of thousands; Interest rates have also fallen, but the second house is not stained!
Many people's income has fallen again, especially real estate related industry practitioners, these two years of sourness, needless to say!
At the beginning, it was a piece of cake to provide for the house; Today's life is difficult, one more point to crush the hero and good man!
Day and night, I want to reduce the mortgage interest rate, but unfortunately I can only reduce the first set, and the second set of the heaviest burden cannot be reduced, and life is so tired! We can only find a way to save ourselves and reduce the burden!
Stranger, do you have the same experience?