Today's high housing prices make many people just want to stop. Now many people have the need to buy a house, but they can't afford to buy a house in full, so people choose housing loans to buy a house. Because the loan policies in different provinces are different, it is necessary to understand the local real estate policies, because only in this way can the funds on hand be arranged reasonably and spent correctly. If you plan to buy a house in Pengzhou, how much is the down payment of 700,000 yuan? How much is the mortgage? Let me show you the relevant information below!
For the purchase of the first home, the down payment ratio of commercial loans shall not be less than 30% of the total house price, that is, 700,000 * 30% = 490,000 yuan, and the loan period shall be 30 years; Provident fund loans, the loan ratio can reach 80%, the loan amount is 600,000 yuan, and the loan period is 30 years.
If it is a second suite, it shall not be less than 50% of the assessed house price, that is to say, to buy a house with a total house price of 700,000, the down payment needs 700,000 * 50% = 350,000 yuan; If the provident fund loans the second suite, the loan amount is 600,000.
Regarding the down payment and mortgage in Pengzhou, if you plan to buy a 700,000 house in Pengzhou, you should prepare sufficient funds. The down payment is not a small expense, and the monthly mortgage should be calculated. Will it affect your quality of life in the next few years or even decades? The above is the content of Pengzhou housing loan I provided for you. I hope it will help you!