1. What is the general down payment for mortgage?
1. According to the policy, as long as it is the first house, the down payment shall not be less than 30% of the total house price. For example, Xiao Wang wants 1 10,000 yuan to buy a house, and the down payment is 300,000.
2. It is related to the loan amount. Although the minimum down payment is about 30%, if you use the provident fund loan and the husband and wife can borrow up to 450,000 together, then a house with a value of 1 10,000 must pay a down payment of 550,000. The same is true of commercial loans. The bank will determine the mortgage amount according to your family income and repayment ability, so what remains after deducting the loan amount must be the down payment.
There is no discount for the second suite. When buying a second house (family as a unit), the down payment ratio of the loan is generally not less than 50%. For example, for a house with a total house price of 6.5438+0 million yuan, the down payment should be at least 6.5438+0 million yuan * 50% = 500,000 yuan. The policies in different regions are slightly different. The principle is that the down payment for the second suite is higher than the first set.
Second, how much is the most cost-effective mortgage down payment?
1 varies from person to person. Some people are relatively well-off, they don't need money for a long time, and they will have no burden in the future. They can increase the down payment according to their financial ability, so that the monthly repayment will be much less and the total interest expenditure will be less.
2. If you are a self-employed business owner, it is recommended to pay only the minimum down payment. Because the mortgage interest is very low, it is better to leave more money for working capital. After all, the interest will be much higher if you go to the bank for a loan.