The maximum loan for first-time home purchase is 70% of the house price, and the normal down payment is 30%, depending on the price in real estate assessment. You need to collect the down payment yourself. If you have sufficient funds, you can pay more down payment, so that the loan amount is less and the interest rate will be less. It is best to use provident fund loans, which can save tens of thousands. If there is no provident fund, you can only use commercial loans, and the interest rate is generally high. Usually the bank will evaluate the house, give a specific total price, and the loan amount can be calculated. The state also has certain preferential policies for the first suite, such as reducing the down payment ratio to at least 20% and lowering the loan interest rate.

What is the maximum down payment for a house loan? There is no upper limit on the maximum down payment for applying for a loan to buy a house. But there is a lower limit for applying for a mortgage to pay the down payment. The minimum down payment for purchasing the first suite is 30%, and the down payment for purchasing two or more houses is 50%. If the individual has sufficient funds, he can pay the down payment at any ratio above the minimum ratio, as long as it is not lower than the minimum down payment ratio. If the individual has sufficient funds, it is best to choose to buy a house in full, which is more convenient to handle and does not need to pay a lot of interest.

How long can the housing loan be approved? How long the mortgage can be approved depends on how long it takes. If it is generally fast, it will be approved in two days and the loan will be released in three days. If it's slow, it's ok to wait for a month. Each bank's loan approval process is different and the time is different, so how long the housing loan can be approved depends on the bank applying for the loan.

The above is the content of the problem that the maximum amount of the first-time home purchase loan is the house price. If you apply for a commercial loan, the maximum loan amount you can apply for for the first time is 70% of the house price, depending on your personal situation.