How much is the down payment for buying a house in Kunshan, China? The down payment for buying a house in Kunshan, China cannot be less than 30% of the total amount. For first-time house purchase and first-time loan, the down payment is not less than 30%, and there is no limit on overpayment, and the benchmark interest rate or loan bank policy shall be implemented. For the second set of loans, the interest rate of the first set of down payment is 60-70% when it is not paid off 1. 1 times, and the down payment is still not less than 30% when it is paid off 1. 1 times. This is for the new house. About the down payment of second-hand houses: As the loan amount of second-hand houses is calculated according to the evaluation price, which is lower than the actual transaction price, the down payment of second-hand houses should make up the difference between the evaluation price and the transaction price. Down payment for buying a house in Kunshan: 1. If the provident fund is used for the first time and the apartment area is less than 90 square meters (inclusive), the minimum loan down payment ratio is 20% of the total house price. If the purchase area of provident fund loans is more than 90 square meters, the minimum down payment shall be more than 30%; 2. The minimum down payment for the first suite of bank mortgage loans is over 30%; 3. At present, the mortgage interest rate is different because of the specific policies of different banks, and each bank has its own floating range; 4. There are two repayment methods of mortgage loan: equal principal and interest repayment and equal principal repayment. Matching principal repayment means that the lender distributes the principal to each month and pays off the interest from the previous trading day to the repayment date. Compared with the matching principal and interest, the total interest cost of this repayment method is lower, but the principal and interest paid in the early stage are more, and the repayment burden is reduced month by month. Average capital repayment method is a very simple and practical repayment method. The principle of the basic algorithm is to repay the loan principal in equal amount on schedule during the repayment period, and at the same time pay off the interest generated by the unpaid principal in the current period. Repayment methods can be monthly repayment and quarterly repayment. Due to the requirement of bank interest settlement practice, quarterly repayment is generally adopted (such as China Bank). The average capital repayment method refers to a repayment method in which the total loan amount is divided into equal parts during the repayment period, and the same amount of principal and interest generated by the remaining loans in the current month are repaid every month. In this way, because the monthly repayment amount is fixed and the interest is less and less, the lender is under great pressure to repay at first, but with the passage of time, the monthly repayment amount is less and less. It is also convenient to determine the repayment ability according to your own income. The total expenditure of this repayment mode may be reduced relative to the matching principal and interest, but the repayment pressure is greater at first. If it is used for mortgage, this method is more suitable for people who are at the peak of work or are about to retire. Matching principal and interest refers to a repayment method. Matching principal and interest means paying the same amount of loans (including principal and interest) every month during the repayment period. This is a concept different from average capital. Although the monthly repayment amount may be lower than the average capital repayment method at the beginning, the interest paid in the end will be higher than the average capital repayment method commonly used by banks. The calculation formula of monthly repayment amount is as follows: [loan principal × monthly interest rate ×( 1 interest rate )× repayment months] ÷ monthly repayment amount [( 1 interest rate )× repayment months]. To sum up, the state has made great efforts to help first-time buyers. Most enterprises will buy five insurances and one gold for their employees, of which the housing accumulation fund is the subsidy for employees to buy houses. The actual situation in different regions is different, but the subsidies purchased for the first time are just as bad. Friends who buy a house for the first time can consult relevant policies before buying a house, which can save a lot of money.