30% down payment means 30% down payment, that is, when you buy a house with a loan, you must pay 30% of the total house price as a down payment. Generally, it is common to make a down payment of 30% when buying the first suite, but if you buy the second suite, the down payment may reach 40% to 50% or even more.

Calculation of down payment ratio of buying a house

1. The down payment for new houses and second-hand houses is different. The down payment for second-hand houses is generally 1/2 of the total house price, and that for new houses is almost 20% of the house price.

2. The minimum down payment for buying a house by installment is generally 30%, and so is the new house. However, in order to attract more customers, a few properties have achieved a 20% discount. The developer asks you to go to a designated bank for a loan, or a small apartment with a better location can also have a low down payment.

3. In the case of repossession of second-hand houses, the minimum is generally 30%, which refers to 30% of the appraised value of houses. If the appraisal value is lower than your transaction value, your down payment will exceed 30% of the total house price. The cost of the second-hand housing transaction itself is not in the house price, so try to prepare more cash to arrange things.

4. Second-hand house down payment = transaction price-house square meter evaluation price x house area x70% (70% for ordinary commercial loans)+deed tax stamp duty and related expenses arising from different property rights+loan handling fee.