Why don't you choose the one where you can reduce the amount for repayment for your housing loan?
I also thought it would be nice if I could reduce the amount for repayment for my housing loan.
But you have to pay the charges and expenses for conversion of your housing loan.
You need to compare the total amount including charges and expenses to determine whether it's better to convert your loan or not.
Indeed. I did not think about charges and expenses.
You don't want to be paying more including charges when you think you have a lesser amount for repayment.
I'm buying my own house, but I'm still not sure which housing loan I should choose.
I know, there are many types of loans, and it's hard to make a decision.
I looked into quite a few types of loans, but in the end I settled on an associated loan from the real estate company.
Oh, is that true?
Why did you choose the associated loan?
It became more annoying the more I kept thinking about it.
I chose the associated loan from the real estate company and left everything to them.
What do you think about it now you have actually chosen an associated loan?
I'm happy with the associated loan I chose.
Other housing loans also have merits and demerits, and I had no trouble with the contract.
I agree. I also feel the procedures are a hassle.
I will think about it more before I make a decision.
I'd like to get separate housing loans for my wife and myself.
Recently, more working couples are getting separate housing loans.
With combinations of loans, you have more housing loans to choose from.
We can share the risk if we combine loans with different types of interest.
The biggest merit would be the tax deduction of housing loans, wouldn't it?
Yes, the deduction will be applied to each housing loan.
In addition, you both have to be a policy holder of a group credit life insurance, so you don't have to panic if something happens.
It also has the merit that both of us can be a policy holder of a group credit life insurance.
Since we have a young daughter, we can't help thinking about what would happen if something happens to either of us.
It's good that we don't have to worry about the repayment of our housing loans even if something happens.