In Shanghai, people generally think that housing prices are high. Therefore, few people buy a house in full in Shanghai, and people will choose to buy a house by stages. However, in Shanghai, the application conditions and preferential policies for the first home loan and the second home loan are different. The following are some preferential policies for the first home loan in Shanghai. The so-called "first suite" of the first suite in Shanghai must meet three conditions at the same time: the buyer 18 years old; The house bought is an ordinary house below 90 square meters; There is no house purchased alone or jointly with others under the name of the purchaser. However, housing purchased with parents, purchased in accordance with the housing reform policy, and acquired through inheritance or demolition and resettlement are excluded. Deed tax: for individuals who purchase ordinary houses of 90 square meters or less for the first time, the deed tax rate will be temporarily reduced to 1%, with a down payment; For individuals who purchase the first suite for the first time, the minimum down payment ratio is lowered to 20%, and the interest rate: the interest rate of individual housing provident fund loans is lowered, and the interest rates of all grades are lowered by 0.27 percentage points respectively. Is it the first set to live with parents and buy a house for children in Shanghai? Living with parents, and the family has only one property, the name has been entered into the real estate license when he was a minor, and he did not participate in the loan when buying a house. The children bought a house and became the first suite. Shanghai's preferential policy for the first home loan was confirmed on July 24th, and China Agricultural Bank Shanghai Branch will give a 15% discount on the benchmark interest rate for the first home loan with a commercial loan amount of more than 2 million yuan (inclusive) from August. Other big banks and joint-stock banks have not yet had similar notices. Relevant persons of the Agricultural Bank of China said that although the mortgage interest rate has been loosened, the threshold for the 15% discount on the first home loan interest rate is very high. In addition to requiring commercial loans of more than 2 million yuan, other requirements of banks must be met. According to the official response of the head office of the Agricultural Bank of China, what needs to be adjusted this time is the relevant policies of the first set of personal housing commercial loans. This is based on the Shanghai market situation and the needs of its own management, and the irregular adjustment of business policies meets the requirements of relevant national policies. What is the down payment ratio of the first suite in Shanghai? I. Commercial Loans At present, the mainstream of the first home loan policy in most areas is that the down payment still needs 30%, and the benchmark loan interest rate is 6.55%. Two, provident fund loans to buy the first set of self-occupied housing and Xing Tao construction area of 90 square meters (including 90 square meters) of the following families, housing provident fund loans down payment ratio of not less than 20%; For families who purchase the first set of self-occupied housing with a floor area of 90 square meters or more, the down payment ratio of housing provident fund loans shall not be less than 30%. Generally speaking, according to the existing implementation standards for the first suite, the down payment ratio of commercial loans for new houses is 30%, the down payment ratio of provident fund loans for first suites below 90 square meters (inclusive) shall not be less than 20%, and the down payment ratio of housing provident fund loans above 90 square meters shall not be less than 30%. How much is the deed tax for the first suite in Shanghai? How much is the deed tax for the first suite in Shanghai? According to the deed tax policy of Shanghai, the purchase of the first suite with a building area of less than 90 square meters in Shanghai is subject to 1%, the unit area of 90 square meters to 144 square meters is subject to 1.5%, and the unit area of 144 square meters is subject to 3%. The deed tax concession for the first suite in Shanghai means that if you can prove that you are buying an ordinary house of 90 square meters or less for the first time, you can enjoy the deed tax concession of 1%. There are many preferential policies for the first home loan in Shanghai. You can choose different loan and repayment forms according to different personal economic conditions. Therefore, you must not make a hasty decision before lending, first evaluate your financial ability, and then combine the loan products. You must not let yourself fall into the pressure of overdue repayment.