1. Housing loan refers to the loan business in which the buyer applies for a loan to pay the purchase price with the house in the house transaction as collateral, and then pays the principal and interest to the bank. By stages. Also called mortgage loan. Housing loan means that the buyer fills in an application for housing mortgage loan to the bank and provides legal documents such as ID card, income certificate, housing sales contract and guarantee. The bank promises to provide loans to the buyer. After passing the examination, it will register and notarize the real estate mortgage according to the house purchase contract provided by the buyer and the mortgage loan contract signed between the bank and the buyer, and the bank will directly transfer the loan funds to the buyer's account. Housing sales units should go to the bank within the time limit stipulated in the contract.
2. There are two kinds of loans: generally divided into: equal principal and interest and equal principal and interest! Equal principal and interest: that is, the monthly principal and interest amount remains unchanged! Generally called equal repayment! Average capital: pay the principal first, then pay the interest! Generally called diminishing repayment! For example: 30 x 64.23 = 1926.6 (equal principal and interest) 30 x 83.24 = 2497.2 (average capital) mortgage interest = repayment amount * repayment times-total loan amount. Let's first look at the deduction standard of mortgage interest. Taxpayers or their spouses can deduct the interest expenses of the first home loan according to the standard amount of 1 000 yuan per month, and the longest deduction period is 20 years. With the consent of both husband and wife, one of them can choose to deduct. After the deduction method is selected, it shall not be changed within one tax year. Identification of the "first home loan" The "first home loan" here refers to the housing loan with the interest rate of the first home loan used to purchase housing. If the taxpayer has not enjoyed the deduction of housing loan interest before, the second set of housing purchased by the first set of housing loan interest rate loans is also eligible. For the purchase of portfolio loans, as long as one of the provident fund centers or commercial banks is a loan issued at the interest rate of the first home loan, the deduction conditions can be met. If you don't know whether the bank gave you the loan interest rate for your first house at that time, you can check with the bank.