After divorce, the house loan is repaid by the party who has obtained the ownership of the house. If the house is owned by the husband and wife, the house will be divided with the mortgage at the time of divorce. The mortgage that belongs to one individual shall be borne by the individual; When the house is transferred after divorce, the bank loan must be paid off first.

how much is the mortgage house?

1. Use the buyer's down payment to pay off the remaining loans

This method is suitable for the case that the original owner's loan amount is low or the amount of remaining loans is not large. Generally, the buyer will recognize the down payment of 3% to 4% of the total turnover of the property, and the seller can use the buyer's down payment to pay off the remaining loans, and then cancel the mortgage registration of the property for the next transaction.

2. Mortgaging

Mortgaging means that the borrower sells the house as collateral, and the buyer of the house continues to repay the unexpired loan of the seller with the consent of the loan bank. That is to say, if you want to sell a house with a loan, you need to transfer the mortgage of the house to the buyer, so that the buyer can continue to repay the mortgage loan of the seller.

3. Re-loan to pay off the remaining loan

Assuming that the above two methods are not feasible, the seller can consider using the collateral under his name to apply for a mortgage loan from the bank or the fund supervision institution to settle the mortgage loan. After the buyer pays the full amount of the house, he will pay off the bank mortgage, but it will require interest or handling fee.