How much can I borrow from a second-hand house?
1. Commercial loans for second-hand houses are related to the actual transaction price, construction year and personal income. A general loan can be 70% of the assessed price. If the house is not built long, it can generally be about 60% of the actual transaction price. If the transaction price is 500 thousand, it can be about 300 thousand (excluding additional tax)
2. At the same time, the loan amount is also limited by the loan term and personal income. The bank requires that the monthly repayment should not exceed 50% of the income. In other words, if your income certificate proves that your monthly income is 3,500 yuan, then the monthly repayment needs to be controlled within 1.750 yuan/month. And according to this standard, determine your loan term and loan amount.
If you are not very old and your income is stable, you should be able to get a normal loan according to the conditions you mentioned. If you borrow 250,000 yuan to buy a 500,000-yuan property, the monthly repayment will be about 1.750 yuan/month for 20 years.
How long is the loan period for buying a house?
1, the long-term loan for individual housing is 30 years, and the long-term loan for individual commercial housing is 10. The age of male is no more than 60 years, and 60- your age is the long-term loan period for male and the age of female is no more than 55 years; 55- Your age is long-term loan lady. Second-hand housing commercial loans are related to the actual transaction price of real estate, the year when the house was built and personal income.
2. The higher the valuation of the housing market, the higher the amount of second-hand housing loans that can be obtained. Under normal circumstances, the second-hand housing loan amount is about 60% of the market valuation.
3. Of course, the market valuation of second-hand houses is related to many factors, such as the geographical location, age and supporting facilities of second-hand houses are too old, it is difficult to obtain loans for houses over 20 years, and only some institutions have loans, but the loanable amount is not too large, and the loanable amount of second-hand houses is also related to the applicant's own conditions.
The above is the amount of second-hand housing loan we know, and how long is the loan period for buying a house. Before handling the loan, you must know whether the house meets the loan conditions and whether you meet the conditions. When handling the second-hand housing loan, preparing the relevant documents can make us more convenient and fast in the process of handling.