Xinqingan advantages, disadvantages & pitfalls
The Xinqingan Home Loan, which has been making a lot of noise in the past year, is called the New Generation Youth Safe Start a Family Loan. It has a super discounted interest rate of 1.775% and a five-year grace period, so you can only pay back the interest within five years, and then pay off the loan later. The principal needs to be repaid.
