What is the minimum down payment for buying a house in Shanghai?

With the development of society, more and more people come to first-and second-tier cities to survive and develop. Anyone who can work hard will want to take root in a big city, and the most basic thing to take root is to have his own property. Today, let's learn about the minimum down payment for buying a house in Shanghai. This is what many friends who want to settle in Shanghai want to know most. Under normal circumstances, the minimum down payment is 30%. Let's have a look. The minimum down payment for buying a house in Shanghai is 20%-30% for the first home mortgage and 50%-70% for the second home mortgage, and the implementation interest rate is 1. 1 times of the benchmark interest rate. The down payment ratio will be different in different regions. What is the minimum down payment for buying a house in Shanghai? The number of mortgage sets, actual mortgage interest rate, mortgage ratio and mortgage period of the first-hand house are subject to the approval of the bank. (Under normal circumstances: the first home loan, the down payment of ordinary housing is not less than 30%, and the benchmark interest rate is implemented; The down payment for the second home loan is not less than 60%, and the benchmark interest rate is raised by10%; The third suite is not allowed to buy a house with the current loan. When buying a new house and a second-hand house, the calculation of loan down payment is very different. When handling a new house loan, the down payment shall be based on the market price at the time of purchase, and the loan proportion shall be determined according to the number of personal loans and the credibility of personal loans. Different from the new housing loan, the second-hand housing loan is based on the "second-hand housing evaluation price" as a reference. The so-called appraisal price is based on the market situation at that time, and the professional appraisal institution designated by the bank evaluates and calculates the value of the property. Generally, the evaluation price of second-hand houses is lower than the market price. Appraisal prices are mostly 80%-90% of the market value of second-hand houses, and some houses will be lower. The down payment ratio of second-hand housing mortgage loan is as follows: 1, 20% for the first suite and 30%-40% for the second suite. 2. Restricted cities, with a down payment of 30% for the first suite; If the first loan for buying a second suite has been settled, it is a 30% loan; If you have not paid 40%-70% of the down payment, you can apply for a mortgage loan to buy a second-hand house. Generally, the following conditions should be met: 1, with good personal credit and the ability to repay the loan principal and interest; 2. Have legal identity documents, that is, have legal citizenship; 3. There is no bad credit record when applying for a loan; 4. agree to use the house you bought as collateral for the bank; 5. The purchased house is not within the scope of the demolition announcement; 6. The property right of the purchased house should be clear and can be circulated in the real estate market; 7. You need to open an account in the bank and save enough down payment. Shanghai is a first-tier city, which is the dream of every migrant worker. It is very difficult to settle down and take root in the magic capital of Shanghai. It's not just a question of money, but also a question of policy. The above is the detailed arrangement of "minimum down payment for buying a house in Shanghai", and friends who need to buy a house in Shanghai can refer to it.