Sankou House's financial planning for purchasing a house in 2014: combined loan slow monthly supply pressure Financial Management Information wealth story financial management case _ Sina finance _ xinlang net

Investment and Financial Management reporter Wu Hui

During the Spring Festival, Chen Xiaoyu, a reader of Changzhou, Jiangsu Province, sent a message about her plan to buy a house in "Investment and Financial Management. She worries about whether to buy a house now. She worries that after buying a house, the pressure on her life will increase, which will affect her quality of life. She also hopes that our financial planners can give her some suggestions, tell her how to make financial planning more reasonable?

He is 32 years old. He is currently working in a group company and has an annual income of 55000 yuan after tax. At the end of the year, his other income is 29000 yuan, which includes social security and Provident Fund. However, the Provident Fund only pays 300 yuan a month, and the deposit is only one year. After tax, my husband earned an annual income of 60000 yuan, no social insurance, no provident fund, and no commercial insurance. At the end of the year, her husband will give her 3 0 0 0 0 yuan deposit. At present, the household deposit amount is 0 thousand yuan, all in yu'e Bao, with an annualized rate of return of about 7%.

They have a child, 9 years old. I bought education insurance for my children, paid 7985 yuan a year, and paid dividends every year. I have an accident insurance on my own. I pay 1830 yuan a year. The two insurance premiums are less than 10 thousand yuan a year. They are paid with the lucky money of the children received each year, the two insurance premiums do not require additional funds.

At present, the family of three and the mother-in-law are living in their own rooms of more than 2 0 square meters. The in-laws have small businesses, with an annual income of about 80 thousand yuan, and the in-laws have pension insurance, and basically do not need to pay for their alimony. There is also a home resettlement house with a monthly rental income of 450 yuan. The cost of home transportation, coupled with the cost of car maintenance, is about 6000 RMB per month.

Zookeeper has decided to buy a house in Changzhou City in 2014. This is the first suite. They took a fancy to a house with a total price of about 0.95 million yuan. They planned to borrow money, get together with a first payment of 0.5 million yuan, a loan of 0.45 million yuan, and a loan of 30 years. Now, the Bank's lending interest rate is relatively high. After 10%, it reaches 7.25%, and it feels very stressful. Changzhou's Provident Fund loan quota is tight, and it has only paid one year's provident fund. Currently, there are not many provident fund balances. It is reported that many areas of provident fund loans can only be credited to the account balance of 10 times, for this reason, very worried that their loan quota will be limited.

Planning Requirements

1. Purchase the first suite in Changzhou in 2014

2. Children's Education Plan

"It is recommended that you use a combined loan (Provident Fund + commercial loan) to effectively relieve the monthly supply pressure, save interest costs, or adjust the area of the house to reduce the total price and monthly supply pressure ."

Wang Nan Ping An Life Insurance Beijing Branch region expansion

Customer basic analysis:

The family of zookeeper belongs to the home of Xiaokang. Through reasonable planning, the home purchase plan for 2014 can be fully realized. According to the basic situation, the zookeeper family exposed a large amount of risk exposure. It is recommended that a company establish at least the same value as the total loan amount of life insurance and critical illness insurance, and add health insurance for children.

Requirement 1: buy a house in 2014

Recommendation 1: use of combined loans (Provident Fund + commercial loans) to effectively relieve the monthly supply pressure and save interest costs.

According to Changzhou's latest housing provident fund policies, a combination of over 0.18 million commercial loans with provident fund loans can be adopted, which is 0.27 million Yuan less than the monthly subscription of commercial loans, saving 300 yuan in interest.

Suggestion 2: Adjust the purchase area appropriately to reduce the total price and monthly supply pressure

According to Changzhou's average high-rise house price of 8000 yuan/square meter, the total price of 0.95 million yuan can be at least 120 square meters of the third-year apartment. Considering that the five homes currently have a 200-square-meter apartment, combined with the ability to monetize and lease the house in the future, you can purchase a small three-bedroom apartment (-90 square meters) with a smaller area ), it has the characteristics of small area, low total price, fast monetization, and easy leasing, and can meet the daily residence of three homes.

The following table uses a pure Provident Fund loan method. The total price is 0.7 million yuan, the first payment is 0.52 million yuan, the loan is 0.18 million yuan, and the same amount of information is 20 years. The monthly payment is about 1100 yuan (the lowest price is about 540 yuan)

You can also consider reducing the down payment, using a combined loan method, with a total price of 0.7 million yuan, a down payment of 0.42 million yuan (more than 80 thousand yuan for decoration), a commercial loan of 0.1 million yuan + A Provident Fund loan of 0.18 million yuan, and an equivalent interest of 30 years, about 1600 RMB per month (about 1000 RMB per month)

Requirement 2: Children's Education Fund

Zookeeper has already configured an education Gold Insurance with an annual premium of Nearly 8000 yuan for children, but has not mentioned the specific company and insurance. From the perspective of insurance education gold configuration, it can basically meet the requirements. If the child is nine years old, the risk of disease and accidents are relatively high. We recommend that you configure the Health Assurance Plan for the evergreen tree, complete basic health care for children (0.1 million yuan of Life Insurance + 0.1 million yuan of major diseases + 10 thousand yuan of accidental injury medical care, annual premium of 2500 yuan ).

Note: If you have configured education insurance for your child, including life insurance, critical illness and accidental medical care, you can no longer reconfigure other guaranteed-performance products.

As the debt ratio changes, the family's security gap increases significantly. Mr. Yu has no basic protection (commercial insurance and social security), and he has only about 0.5 million yuan of insurance for accidental death (based on the premium). The actual security gap is large.

We recommend that both husband and wife configure the Security and wisdom Life Assurance Plan, which includes 0.3 million yuan of Life Insurance + 0.3 million yuan of critical illness + 0.2 million yuan of accidents + 10 thousand yuan of accidental medical care. The annual premium is about 4000 yuan, it is recommended that you pay the fee over 30 years.

Based on the above suggestions, the expenditure budget for basic family security: 1830 yuan for accident insurance + 8000 yuan for both husband and wife + 2500 yuan for Children's Health Insurance + 8000 yuan for Children Education = 20330 yuan. About 13% of the household's annual income is within the reasonable expenditure range of 10%-15% of the insurance configuration.

Tips

Financial products involved in the above financial planning are:

① Ping An evergreen tree Health Assurance Plan [Ping An Xinsheng Life Insurance (dividend-type, 2012) + additional Xinsheng advance payment of major illness Insurance + additional accidental injury medical care (a/B )]

② Ping An Zhi Sheng Life Assurance Plan [Ping An Zhi Sheng life Life Insurance (2013) + Ping An additional Zhi Sheng life insurance to pay for major illness in advance + Ping An additional carefree Accident Insurance) + additional worry-free and accidental injury medical insurance (a/B )]

"We recommend that you and the couple decide to allocate most of the funds to the bank for medium-and long-term financial management at the beginning of the decline in the 'babay' financial return rate, so as to lock in relatively high incomes ."

Zhang Yixin joined the China Beijing branch in 2010 and is now a fortune consultant for Everbright Bank's private bank (Beijing) center. He has rich experience in customer service.

Tips

Note

① Because the subject of the housing mortgage loan application is the two couples, the above-mentioned household financial status analysis table does not contain the financial data of the two women's in-law.

② According to the existing information, the costs of the two couples in the maintenance of the elderly and Family Insurance are zero, and the main household expenses are 6000 yuan of living expenses and vehicle maintenance expenses per month, totaling 72 thousand yuan per year.

Financial planning suggestions:

◆ House purchase plan

Due to the tight loan quota of the Provident Fund in Changzhou and the insufficient balance in the Provident Fund, you can only apply for a commercial loan and give up applying for a provident fund loan or a combination loan. Assuming that the total price of a house is about 50 thousand yuan, the brokers and couples can borrow money to pay a down payment of 0.5 million yuan. Assume that a loan of 50 thousand yuan can be made from a bank, and the benchmark interest rate is 10%, that is, 5%, and the loan is 3 0 years. According to the same amount of principal and interest repayment method, the monthly mortgage shall be paid 3 0 7 0 yuan, total annual loan repayment of 3. 6.84 million yuan.

Generally, when you apply for a personal mortgage loan, when the applicant's family's annual income is more than twice the annual repayment amount, and the applicant has no bad credit records, the mortgage application is generally successful.

◆ Education Plan

The mid-term goal of the two couples is to invest in education for their children. They want to make reasonable asset allocation, pursue a higher relative return on investment, and collect education fees for their children. There are two main modes of investment: first, they buy education insurance for their children, pay 7985 yuan a year, and enjoy annual education insurance dividends. Second, the existing deposit of 0 thousand yuan is fully stored in yu'e Bao, with an annual return rate of about 7%. Is this investment portfolio reasonable? Let's analyze the two types of investment in detail.

1. Education and insurance: the general risk is relatively small, the principal is relatively safe, but the annual dividend is equivalent to the annualized investment return rate, which is generally 2%-3%, and the return rate is relatively low. Therefore, we recommend that you change the funds to fund-based investment. For example, the average annualized rate of return is 6%-10% for 10 years of continuous investment. Because my family's children are nine years old this year, they will only use the funds about 10 years later. As university tuition and living expenses, the current A-share market is relatively low, therefore, it is very suitable for 10-year fund investment.

2. yu'e BAO: it has a low starting point and relatively high flexibility, but the yield has continued to decline in the near future. Since April, the market funds have been relatively loose and the interbank market borrowing rate has continued to decline. Affected by this, the Internet "Baby Corps"'s return rate continued to decline. As of January 1, April 28, yu'e Bao's 7-day annualized return rate was 5.08%, a large decrease compared with the initial release of 7%. Therefore, it is recommended that the two companies choose to allocate most of their funds to medium-and long-term financial management in order to lock up relatively high profits while the financial management market returns are declining at the beginning.

◆ Other plans

1. Family Reserve Fund: the families in zookeeper belong to the structure of "Old and small". The old and children may need temporary and urgent use of money, therefore, it is recommended that the couples prepare enough family reserve funds for emergency use. According to the principle that the emergency reserve fund generally needs to meet the Household living expenses for 3-6 months, the emergency reserve fund = (annual living expenses 7. 20 thousand yuan + annual mortgage payment 3. 70 thousand RMB)/2 = 5. 50 thousand yuan. The Fund can be placed in a current account or a currency fund with a flexible investment period and low risk.

2. Insurance planning: the husband of zookeeper is the economic pillar of the family, but has no social security, no provident fund, and no commercial insurance. It is a risk for the whole family. Therefore, it is recommended that the husband of zookeeper properly configure some of the critical illness insurance and consumer accident insurance, and use a comprehensive protection plan to cover the family risk points.

Rating

In order to implement the house purchasing plan, the cost of the original house purchasing scheme needs to be reduced. In the current phase, the overhead of the new house purchasing scheme can be reduced by RMB 1000 every month without the need to support the elderly and renting houses. In addition, if you are worried that the quality of life will be affected after purchasing a house, the area of the house can be reduced. We both provide good suggestions for the actual situation of Zookeeper's family. You can refer to zookeeper.