The four major support policies for home purchases are as follows:
1. Special deductions. If you are buying your first home, you can apply for a patent deduction at the standard of 1,000 yuan per month, which can reduce the interest of 240,000 yuan. However, the maximum deduction period cannot exceed 20 years. This is especially true for those who have already bought a house or are about to buy their first home. For those who live in suites, this is undoubtedly very good news.
2. House purchase subsidy. Since June this year, 14 regions across the country have launched talent introduction plans. If you are an undergraduate, you can get a monthly subsidy of 1,500 yuan, and the subsidy for those with the highest academic qualifications can reach 3 million yuan. In addition, if you are a high-end talent recognized by the local area, you can receive a subsidy of more than 5 million yuan.
3. Mortgage interest rates are going to be lowered. Since 2020, first-home loan interest rates have dropped for six consecutive years. If a homeowner buys a house at this time, compared with the previous months, a 1 million, 30-year mortgage can save 177,000 yuan in interest. This is equivalent to reducing the monthly payment by more than 500 yuan per month.
4. The country has launched a large number of affordable housing. So far, the number of various affordable housing units launched by the country has reached 35 million units, so it is really good news for the houseless people who have financial difficulties. We can enjoy affordable housing without spending too much money. A house with the same supporting facilities and living quality as a residence.
Since the policies related to "buying a house" are not necessarily the same in various places, the questioner should go to the local "real estate transaction center" to consult the relevant policies and regulations in the area. Not all cities have "buying a house" policies. "Support Policy".
Newbies can make the following preparations when buying a house:
1. Prepare to buy a house. Before buying a house, you need to make a lot of preparations. Firstly, you need to check whether you are qualified to buy a house. Secondly, you need to have certain expectations for the total amount of the house payment based on your own financial strength.
2. View and choose a house. Pay attention to the housing information first. You can check it online first, and then go to see the house on site. If you want to make money, geographical location is the most important. You should choose prime locations, locations with favorable policies, and locations with good environment and transportation. Such locations have greater room for appreciation.
3. Pay the down payment and sign the contract. After paying the down payment, be sure to keep the receipts and receipts for the down payment. They will be needed later for mortgage and invoice replacement. If they are lost, it will be very troublesome. When signing a contract, you should pay attention to whether the ID card information, housing information, and final price are correct. Other normative contents are unified within the province.
Legal basis:
"Interim Measures for Special Additional Deductions for Individual Income Tax"
Article 14 The taxpayer or his or her spouse individually or jointly uses commercial If a personal housing loan from a bank or housing provident fund is used to purchase a house in China for himself or his spouse, the interest expense on the first housing loan shall be deducted at a standard fixed amount of 1,000 yuan per month in the year in which the loan interest is actually incurred. The maximum deduction period shall not exceed 240 months. Taxpayers can only enjoy a one-time deduction for interest on their first home loan.
The term “first-home loan” as mentioned in these Measures refers to a home loan that enjoys the first-home loan interest rate for purchasing a home.