Many families will buy a second suite because one suite is not enough to live in, but the application conditions and loan conditions for buying a second suite are very strict. What are the conditions for a second home loan? How much is the down payment for the second home loan? Let's study with Bian Xiao.

1. What are the requirements for a second home loan?

1. The lender has full capacity for civil conduct.

2. The lender has an urban hukou in this city or a valid residence identity certificate.

3. The lender has stable economic income, good credit and the ability to repay the principal and interest of the loan.

4. The lender has continuously paid the housing accumulation fund for more than half a year before the loan.

5. The lender may provide the purchase contract or agreement of the house where it lives.

6. In the house purchase contract, the lender and the buyer have the same name, and in addition, there must be a written commitment from the owner (except the spouse) to agree to mortgage the house.

7. If the lender uses a commercial loan, it needs to have a house payment of not less than 30% of the total house value; If you buy a second-hand house, you need to pay at least 40% of the total value of the house.

8. The Lender agrees to handle the mortgage and insurance formalities of the house.

9. If you buy a commercial house, you need the developer to provide a regular guarantee and report the relevant credit materials.

10. The lender agrees to open a personal bank account with the loan bank, and then the loan bank will deduct the principal and interest of the second home loan from the account every month.

Second, how much is the down payment for the second home loan?

1, the down payment ratio of the second loan shall not be less than 60%, and the loan interest rate shall not be less than 1. 1 times of the benchmark interest rate.

2. The calculation method of interest on the second home loan is related to the down payment and the loan period. The following example shows that the loan is 300,000 yuan, which will be paid off in 20 years, and the principal and interest will be repaid in equal amount:

(1) If the house purchased by the lender is the first suite, then the mortgage interest rate for more than five years is calculated according to the current benchmark loan interest rate of 6.55%, then the lender needs to repay 2,245.56 yuan per month, and the total interest to be paid for 20 years is 23,934.338+08 yuan.

(2) If the house purchased by the lender is a second suite, then the mortgage interest rate is 1. 1 times of the benchmark interest rate, that is, 7.205%, so the lender needs to repay 2,362.96 yuan per month, and the total interest to be paid in 20 years is 267 109.23 yuan.

(3) From the results, it can be seen that after 20 years, the total interest to be paid for the second home loan will be 28 175.05 yuan more than that for the first home loan.

The second home purchase policy is strict, the loan amount is reduced and the loan conditions are harsh. If you want to buy a second suite, you must understand the relevant policies. The above is an introduction to the requirements of the second home loan and the down payment of the second home loan. I hope it helps you.

Huai 'an mortgage interest rate in 2022

The interest rate of Huai 'an mortgage in 2022 is as follows: 1. Short-term loans The interest rate within one year (including one year) is 4.35%. 2. Medium and long-term loans. The interest rate for one year to five years (including five years) is 4.75%. The interest rate over five years is 4.90%. 3. Personal housing provident fund loans. The interest rate for less than five years (including five years) is 2.75%. The interest rate over five years is 3.25%.

How to get a loan for the second suite

The process of the second home loan is as follows: (1) The buyer and the seller sign a house sale agreement or a house sale contract; (2) Eligible buyers apply for loans from loan banks and provide relevant certification materials; ⑶ The buyer and the seller go to the appraisal institution designated (recognized) by the loan bank to conduct house appraisal; (4) The law firm identifies, investigates and analyzes the borrower's credit certification materials and evaluation reports, and issues legal opinions; 5] The loan bank shall examine and approve the loan and notify the loan applicant whether to agree to the loan. Legal basis: Article 36 of the Commercial Bank Law. When a commercial bank lends money, the borrower shall provide a guarantee. Commercial banks should strictly examine the repayment ability of guarantors, the ownership and value of collateral, and the feasibility of realizing collateral. After examination and evaluation by a commercial bank, it is confirmed that the borrower has a good credit standing and can repay the loan, and no guarantee may be provided.

The introduction of commercial loan for Huai 'an Second Suite ends here.