Shanghai is one of the most prosperous cities in China. Many people dream of owning their own houses here. What are the housing loan policies in Shanghai? What are the requirements for buying a house in Shanghai? What are the requirements for using housing provident fund loans? Let's take a look!
First, Shanghai housing loan policy
At present, commercial loans in most cities still need a down payment of 30%, and the interest rate of loans over five years is 6.55%; With provident fund loans, the down payment ratio of the first suite and families with housing area less than or equal to 90 square meters can not be less than 20%; For the first family with a housing area of more than 90 square meters, the down payment ratio of loans shall not be less than 30%.
The down payment ratio of the first suite of Shanghai commercial loans shall not be less than 35%, and the interest rate of the first suite shall be up to 10%; 2. The down payment ratio of this suite shall not be less than 50%, and the interest rate shall rise10%; The down payment ratio for purchasing non-ordinary housing cannot be less than 70%; Interest rate rises 10%.
Second, housing conditions in Shanghai
1, the conditions for local people to buy a house
Shanghai locals who buy houses in their own names but have houses with their parents can buy 2 houses again; If you have a house under your name and a house with your parents, you can buy another one; If you have no real estate in your name and have real estate with your parents, you can buy two houses.
2. Conditions for foreigners to buy a house
Foreigners who want to buy a house in Shanghai must get married. If you have a residence permit in Shanghai for more than 5 years and have no room, you must also provide proof that you have paid social security for 5 years in Shanghai. As long as you meet the above requirements, you can buy a house in Shanghai.
Three, Shanghai housing provident fund loan requirements
Property buyers should normally pay the provident fund for more than six months, with a down payment ratio of not less than 35%, stable income, the ability to repay the principal and interest of the loan, and no debts that affect the repayment ability.
Bian Xiao concluded: The above is about Shanghai housing loan policy, Shanghai housing situation and Shanghai housing provident fund loan requirements. If you want to buy a house in Shanghai, you can refer to the above contents, hoping to help everyone.
What is the loanable amount of commercial loan for buying a house in Shanghai?
Nowadays, due to the high housing prices, many people don't have enough funds to buy a house in full, so many people choose to borrow money to buy a house. So what is the loanable amount of commercial loans for buying a house in Shanghai? What are the precautions for housing loans in Shanghai? Next, Bian Xiao will introduce relevant contents to you. Let's have a look.
What is the loanable amount of commercial loan for buying a house in Shanghai?
1. If a resident family purchases the first home, that is, if there is no home in Shanghai under the name of the resident family and there is no record of commercial housing loan or provident fund loan, it will apply for a commercial personal housing loan with a commercial loan amount of about 65%.
2. Families who already own a house in Shanghai or have no house in Shanghai but have housing loans apply for commercial personal housing loans with a commercial loan amount of about 50%. If you buy a non-ordinary self-occupied house, then the commercial loan amount is about 30%.
What are the precautions for housing loans in Shanghai?
1. Don't repay the loan in advance within one year. According to the relevant provisions of provident fund loans, part of the prepayment should be made after one year of repayment, and the amount returned should exceed the repayment amount of six months.
2. You can't use the provident fund before applying for a loan. If the borrower withdraws the balance of the provident fund to pay the house payment before the loan, then the balance of the provident fund in the provident fund account is zero, which means that the amount of the provident fund loan is zero.
Don't forget to cancel the mortgage after the loan is paid off. After the borrower has paid off all the principal and interest of the loan, he can cancel the mortgage with the bank's loan settlement certificate and other real estate rights certificates of the collateral to the core of the real estate transaction in the district where the real estate is located.
If it is difficult to repay the loan, don't forget to find the bank around you. When the borrower's debt repayment ability declines during the loan period and it is difficult to repay, don't insist on it yourself. You can apply to the bank for an extension of the loan period.
Abstract: The above is what Bian Xiao introduced to you about the loanable amount of commercial loans for buying a house in Shanghai, hoping to help some friends in need.
How much can Shanghai provident fund loan borrow?
If the provident fund loan business is handled in China Bank, the following individual housing provident fund loan policies will be implemented in this city from April 20 15, and the loan amount is as follows:
1. Purchase the first house: the maximum amount of personal loan is 500,000 yuan, and the maximum amount of family loan is 1 10,000 yuan; If the supplementary provident fund is paid, the maximum personal loan amount is 600,000 yuan, and the maximum family loan amount is 654.38+0.2 million yuan.
2. Purchase an improved second set of ordinary commodity housing: refer to the policy of purchasing the first set of housing.
3. Purchase an improved second set of non-ordinary commodity housing: the maximum amount of personal loans is 400,000 yuan, and the maximum amount of family loans is 800,000 yuan; If the supplementary provident fund is paid, the maximum personal loan amount is 500,000 yuan, and the maximum family loan amount is 6,543,800 yuan.
* * * When applying for provident fund loan, the loan amount is calculated as follows:
1, which shall not be higher than the loan limit determined by multiple of the balance stored in the borrower's provident fund account;
2, shall not be higher than the loan limit determined by the proportion of the total housing price;
3. It shall not be higher than the loan limit determined according to the repayment ability, and its calculation formula is: the salary base for the borrower to calculate the monthly payment of housing provident fund × the specified ratio × 12 months× the loan period;
4, shall not be higher than the maximum loan amount.
Please consult the provident fund loan business outlets or the local provident fund management center for details.
The above contents are for your reference. Please refer to the actual business regulations.