1.3 million what is the down payment for the house?
1.3 million house 30% down payment means 70% loan, which is 70% of the appraised price. The general bank appraisal is 70% to 80% of the transaction price, which means that a house with a price of10.3 million can be appraised as 975,000, and 70% of the 975,000 can be loaned, which means that you can borrow 682,500, so the down payment is10.30.
What are the procedures for buying a house with a loan?
First, sign a house purchase contract with the developer. At this time, it is necessary to check whether the developer has five certificates: state-owned land use certificate, construction land planning permit, construction project planning permit, building construction permits and commercial housing sales (pre-sale) permit. Then you have to pay the down payment, and pay attention to keep the receipt of the down payment.
1. You need to go to the bank to fill out the personal housing loan application form. Developers usually sign cooperation agreements with one or more banks, so it will be more convenient to go to the banks that have agreements with developers to handle mortgage agreements.
2. The credit personnel of the loan bank will review and approve the materials submitted by the applicant step by step. If they think they meet the loan conditions of the bank, they will notify the applicant to sign the "Individual Housing Surplus Loan Contract", and the contract period will not exceed 30 years.
3. The property buyer went to the Housing Authority to apply for the certificate of other rights of the house, which proves that the property has the mortgage right of the bank. Go to the notary department for notarization of property right mortgage. Go to the insurance company to buy family insurance. The above procedures will generally be handled by banks.
4. Open a loan repayment account. Customers who choose entrusted deduction for repayment need to sign an entrusted deduction agreement with the bank, and open a special savings passbook account or a savings card or credit card account at the business outlets designated by the lending bank for repayment. At the same time, the seller shall open a settlement account or deposit account with the loan bank.
5. The bank pays the loan. With the consent of the lending bank, the lending bank will directly transfer the loan to the deposit account opened by the borrower in the lending bank, or transfer it to the deposit account opened by the seller in one lump sum or by stages according to the loan contract.
6. When the borrower is in mortgage to buy a house, he must repay the loan principal and interest according to the repayment plan and repayment method agreed in the loan contract, otherwise the bank can recover the house according to law.
7. After the loan principal and interest in mortgage to buy a house are settled, you will cancel the mortgage registration and become the real owner of the house.
If you borrow money to buy a house, you should pay attention to the specific procedures and understand the specific procedures to be handled. The above is an introduction to the down payment and loan purchase process of 654.38+0.3 million yuan. If you want to apply for a loan to buy a house, you should pay attention to the specific procedures and processes and prepare relevant materials and documents.