The invention discloses a preparation method and a product of cheese by using 
monascus sp. The method comprises the steps of firstly, performing sterilization to 
raw milk, cooling the 
raw milk, so as to obtain treated milk, inoculating 
lactic acid bacteria starter to the milk to ferment the milk till pH is 6.0 to 6.5, and then adding 
chymosin to perform clabbering for 30 to 40min, so as to obtain curdled milk, secondly, 
cutting the curdled milk obtained in the first step into blocks, stirring the curdled milk to remove whey, then adding salt, uniformly stirring the curdled milk, and then putting the curdled milk into a die, thirdly, pressing or not pressing the curdled milk after the milk is put into the die, overturning the curdled milk for 5 to 10 times in the frequency of one time per 15-30 minutes, and standing the curdled milk, so as to further remove the whey, and fourthly, 
cutting the curdled milk into curdled milk blocks, spraying or 
coating a mixture of 
monascus sp. fermenting liquor and acidified rice paste on surfaces of the curdled milk blocks, putting the curdled milk blocks into a container, and curing the curdled milk blocks, so as to obtain the cheese by using 
monascus sp. The cheese by using 
monascus sp. belongs to natural mould cured cheese, and the method effectively improves the texture and the flavour of cheese through 
monascus purpureus, increases the nutritive value of cheese, is convenient and simple, and is convenient for popularization and application.