According to the introduction of individual bank lenders, generally speaking, if it is a commercial loan, 30% of the new property is generally down payment, and 70% of the loan is the upper limit. If it is a provident fund loan, the standard of 30% of the first home loan will be implemented. The approval of the loan amount is related to the lender's age, housing age and monthly provident fund amount. The down payment standard for the second home is 60%, and the loan is 40% as the upper limit, which is floating on the basis of the benchmark interest rate 10%- 15%.
Reportedly, in the second-hand housing market, there are certain conditions for applying for loans. For example, the house is too old, or the buyers are too old to get loans.
There are also some customers who meet the requirements for applying for loans, but their negligence has affected their credit records, thus losing the qualification for applying for loans. According to the personal lender of the bank, a customer has handled 10 consumer credit cards before and after, of which 6 were overdrawn and failed to repay in time. After checking the credit records, it was found that the customer was negligent, and the overdraft limit on each card was more than ten yuan, which was mainly caused by the card deduction fee and handling fee, but he did not find it in time. The resulting bad credit record finally affected his purchase plan.
Provident fund loans and commercial loans
Because the interest rate of provident fund loans is lower than that of commercial loans, housing provident fund loans have become the first choice for mortgage loans. However, some people can only choose commercial loans because the unit has not paid the provident fund. According to the latest loan interest rate, the annual interest rate of housing provident fund loans is 4.2% for less than 5 years and 4.7% for more than 5 years; The benchmark annual interest rate of housing commercial loans is 6.65% for less than 5 years and 6.8% for more than 5 years.
Starting this year, if individual employees in Xiamen pay the housing provident fund, the maximum loanable amount of individual housing loans from the housing provident fund will be increased from 300,000 yuan to 400,000 yuan; If both employees pay housing provident fund, the maximum loanable amount of housing provident fund personal housing loan will be increased from 600,000 yuan to 800,000 yuan. The calculation formula of loanable amount: 60-80 times of the amount of housing provident fund paid by employees 12 months before applying for loans. Bank personal lenders said that housing provident fund loans have a maximum limit and cannot exceed the standard, while commercial loans have no maximum limit, and the lender's situation determines the final approval result, which is faster.
Choose the right mortgage repayment method
At present, mortgage is the biggest expense for most families who buy houses. Choosing different repayment methods can often help the mortgage family to reduce some pressure.
Installment repayment is suitable for young people. Because young people and college students have just joined the work and are short of funds, this repayment method allows customers to have a grace period of 3-5 years, and they only need a few hundred yuan each month to start repayment. Five years later, with the increase of income and the consolidation of economic foundation, the repayment amount will also increase and enter the normal repayment mode.
The repayment method of average capital is suitable for high-income people. With equal principal repayment, the borrower can gradually reduce the burden with the increase of repayment period. This repayment method is to allocate the principal to each month and pay off the interest between the previous repayment date and the current repayment date. Under the same conditions, the total interest paid by this repayment method is less than the equal principal and interest, and the repayment burden will be gradually reduced with the passage of time. However, because the interest is decreasing, the monthly payment in previous years will be higher than the equal principal and interest, which is very stressful, so this repayment method is more suitable for people with high income and low repayment pressure.
Matching principal and interest repayment method is suitable for people with stable income. Matching the principal and interest is to add up the total principal and interest of the mortgage loan and then share it equally every month during the repayment period. As a repayment, he pays a fixed amount to the bank every month, but the proportion of principal in the monthly repayment increases month by month, and the proportion of interest decreases month by month. It can be seen that families with stable income and economic conditions do not allow excessive investment in the early stage can choose this method.
The method of paying interest quarterly and monthly is suitable for people engaged in business activities. One-time repayment of principal and interest refers to the repayment method of repaying all the loan interest and principal at one time on the loan maturity date. For small enterprises or individual operators, it can reduce the repayment pressure.
Re-mortgage means that the new loan bank helps customers find a guarantee company, pays off the money of the original loan bank, and then reapplies for a loan at the new loan bank. If your current bank can't give you a 30% discount on mortgage interest, you can completely jump ship and find the most affordable bank. Because of the fierce competition, some banks are willing to help you.
Should the loan time be long or short?
When Mr. Li applied for a mortgage, he disagreed with his wife about the loan term. Mrs. Li thinks that after buying a house for 25 years, she will have to work in a bank for the rest of her life. I feel that there is a big mountain on her that makes people breathless. She thinks we should reduce the living expenses and save the money well. It is best to pay off the mortgage within 10 years, and don't be a "house slave" for a long time.
However, Mr. Li's financial planner friends told them that Mrs. Li's idea was not necessarily wise. Considering inflation and other factors, the same amount of money may shrink in the future. So the longer the loan time, the better. Bankers believe that under normal circumstances, people tend to choose longer-term loans, so there is no need for buyers to worry about the progress of repayment, and there is no need to put pressure on themselves.
At present, the standard for banks to "recognize houses and loans" is based on the number of houses and families. Family units here include borrowers, spouses and minor children. When determining the standard of the second suite, banks should not only look at the number of existing properties, but also look at whether there has been a loan record. Before lending, banks should not only check the borrower's loan records, but also log in to the housing ownership system of the housing management department to check the number of houses in the borrower's family.
This includes the following situations: First, if the borrower applies for a loan to buy a house for the first time, and his family has registered 1 house or above in the house registration system of the place where he plans to buy a house, including the pre-sale contract registration and filing system, the house he reloans must be the second house or above.
Second, if the borrower has used the loan to purchase 1 house and above and applied for a loan to buy a house, it is also recognized as the second house and above.
Third, if the bank determines that the borrower's family already owns 1 house and above through various forms of surveys such as inquiring about credit records and home visits, the refinancing will also be implemented according to the second house and above.