Of course. Buying a house can make up the down payment in the following ways: 1. Use the provident fund rationally and make the best use of it. 2 institutions and staff can apply for "wage loans". 3. Those with good qualifications can apply for credit loans. Those who have old houses can sell them and buy new ones. 5. The insured can apply for policy loans. 6. lower the standard of buying a house. 7. Seek help from relatives and friends. If you have a good relationship with relatives and friends, you can consider asking for help.
Repayment method
brief introduction
There are two repayment methods for housing loans with a loan term of more than one year: average capital repayment method and matching principal and interest repayment method.
Average capital
It is to divide the total loan into equal parts during the repayment period, and repay the equal principal and interest generated by the remaining loans in the current month every month.
Monthly repayment amount = (loan principal/repayment months) (principal-accumulated amount of repaid principal) × monthly interest rate.
Features: Because the monthly repayment amount is fixed and the interest is getting less and less, the lender is under great pressure to repay at first, but with the passage of time, the monthly repayment amount is getting less and less.
Average capital plus interest
During the repayment period, the same amount of loans (including principal and interest) will be repaid every month.
Monthly repayment amount = [loan principal × monthly interest rate ×( 1 monthly interest rate) repayment months ]=[( 1 monthly interest rate) repayment months]
Features: Compared with the repayment method in average capital, the disadvantage is that there are more interests. The interest in the initial repayment period accounts for most of the monthly contributions. With the gradual return of the principal, the proportion of the principal in the contributions increases. However, the monthly repayment amount of this method is fixed, which can control the expenditure of family income in a planned way and facilitate each family to determine the repayment ability according to their own income.
Whether it is equal principal and interest repayment method or average capital repayment method, the nature of interest will not change. Generally speaking, matching the principal and interest will pay a little more interest than the average capital. . But the premise is that the loan period is sufficient. It seems that the bank has recovered the interest, but in fact, with the reduction of the principal, the average capital repayment method can speed up the repayment, withdraw the funds as soon as possible, reduce the operating cost and help reduce the risk coefficient. In the actual operation process, the matching of principal and interest is more conducive to the borrower to master and facilitate repayment. . In fact, after comparison, most borrowers still choose the method of matching principal and interest, because this method has a fixed monthly repayment amount, is easy to remember, and the repayment pressure is balanced, which is actually not much different from the average capital. Because these borrowers also see that the use value of funds varies with time, simply put, the repayment method of equal principal and interest is to pay more interest because of long-term occupation of the bank's principal; The repayment method of equal principal takes up the bank principal for a short time, and the interest will naturally decrease. There is no problem that banks lose money and earn more interest.
Is it okay not to pay the provident fund down payment?
How to use the housing provident fund without paying the down payment? It is definitely impossible. Because you want to use the housing provident fund loan, you must pay at least 1/3 down payment before you can use the housing provident fund loan. You can't buy a house at all without a down payment, let alone a loan.
How can I get a loan to buy a house if I can't afford the down payment?
In principle, the down payment for buying a house is not allowed to lend.
The down payment is the down payment when buying a house. Buying a house can't be fully loaned. You have to pay part in advance and borrow the rest from the bank. Now the requirement is to pay 30% of the house price. Because considering the repayment risk of the loan, the relevant departments will require the purchaser to provide a part of the down payment, that is, the individual pays a part of the house payment in advance, which proves that you have the repayment ability.
According to the national loan policy, buyers need to prepare 30% down payment to apply for a loan to buy the first suite, and 60% down payment to apply for a bank housing loan to buy the second suite.
Give two examples: for example, I want to buy a house and I want to make a down payment. You can find a loan from relatives and friends to pay the down payment. Then this loan will not be a credit report, and the bank does not know that my down payment is a loan. Therefore, the mortgage can still be approved. Or the loan I applied for does not have a financial license, which means that the loan is not on the credit report and the bank can't find it.
Another example: I want to buy a house, and I want to make a down payment. I applied for a loan, and so did this loan. But when I bought a house, I wrote the names of my parents or children. Then the bank will naturally not check my credit, so naturally it will not find this loan. However, if you buy in the name of your spouse, it is not enough. Bank mortgage audit is based on the credit report of both husband and wife.
I haven't paid the down payment yet. Can I apply for a provident fund loan when I go to work?
I can't. Pay a down payment, sign a house purchase contract, and then apply for a loan. Conditions for handling housing provident fund: individuals and their units must pay housing provident fund continuously for one year; The borrower has stable economic income, good credit and the ability to repay the principal and interest of the loan; Where the borrower purchases a commercial house, it shall not be less than 30% of the total house price. "People's Republic of China (PRC) Social Insurance Law" Article 66 The social insurance fund shall set up a budget according to the overall level. In addition to the basic medical insurance fund and maternity insurance fund budget combined, other social insurance fund budgets are compiled separately according to social insurance projects.
Can I get a loan if the down payment for buying a house is not enough?
Can I get a loan if the down payment for buying a house is not enough? According to the relevant regulations, when buying a house, the down payment is not allowed to use the loan. The down payment is equivalent to the down payment when buying a house. If you can't pay in full when buying a house, you can use a bank mortgage loan. Now the requirement for buying a house is to pay a 30% loan in advance. Because banks and relevant departments consider that loans have certain risks, they will ask everyone to pay a certain down payment to prove that they have sufficient repayment ability. How much is the down payment for buying a house? 1, the down payment ratio requires that the down payment for the first suite is 30% of the total house price, and that for the second suite is 60% of the total house price. Also, considering the repayment risk of loans, many banks will require buyers to provide a part of the house down payment to prove your repayment ability. In some places, it is clear that for households with 1 apartment, if they apply for commercial personal housing loans to buy ordinary self-occupied housing again to improve their living conditions, the down payment ratio should be no less than 50%; For the purchase of non-ordinary self-occupied housing, the down payment ratio shall not be less than 70%. 2. The down payment amount is determined according to the national policy at that time. For example: 30,000 yuan/flat house, 100 flat house is 3 million. Then, 20% down payment is 600,000, 30% down payment is 900,000, and 40% down payment is 654.38+0.2 million. How to pay the down payment with a loan? 1. Financial institutions have launched a "down payment policy" for young people who want to buy a house, but the down payment is not enough. There are two types of down payment policy loans: guaranteed down payment policy loans are designed for improved buyers: buyers want to sell their existing houses and buy a new one, but the down payment time for selling their own houses and buying a new house may not be exactly the same. If the down payment funds are insufficient in a short time, they will exchange their existing homes for the down payment of new houses. 2. Unsecured down payment policy loans seem to be more popular at present: there is no collateral, and it is all based on "stricter review" to provide down payment loans for buyers. However, many cities have urgently stopped the "down payment policy". It is said that the financial departments, including Bank of China and China Banking Regulatory Commission, are paying close attention to the financing risks of the real estate industry in some areas, and plan to introduce measures to crack down on the down payment of housing loans. What do you mean by down payment? House down payment refers to: in commercial housing transactions, down payment is one of the initial economic conditions for buyers to apply for mortgage loans. If the buyer can't pay off all the house payment in one lump sum, he needs to apply for a mortgage loan from the bank. At this time, he must prove to the lender that he has the financial ability to repay the loan, that is to say, he can provide cash accounting for 30% or more of the current total house price to prove that he has the ability to repay the loan. After the down payment is paid, the remaining house payment is paid by the bank loan and the buyer, and the lender repays the bank loan and its interest on a monthly basis until all the principal and interest are paid off. Loan methods are mainly divided into equal principal and interest and average capital. Matching principal and interest method refers to a repayment method in which the sum of loan principal and interest is repaid by equal monthly installments, that is, the monthly repayment amount is fixed throughout the repayment period. Average capital method refers to a repayment method in which the borrower distributes the loan amount evenly throughout the repayment period and pays off the loan interest from the previous trading day to the repayment date. This repayment method reduces the monthly repayment amount month by month. To sum up, if the down payment is not enough, the bank will not give you a loan, because the bank will also consider the risk and your repayment ability. Only after paying the down payment will the bank mortgage the house to you for a loan. So when buying a house, you can learn more about it and try to make up the down payment before buying a house.