The down payment ratio for commercial loans is 30.

The down payment ratio for commercial loans for new houses is 30%. The down payment ratio for provident fund loans for houses with an area of ??90 square meters or less shall not be less than 20%. The down payment ratio for housing provident fund loans for houses with an area of ??90㎡ or less shall not be less than 30%.

If the home buyer has good qualifications and credit, such as a higher monthly income, more assets in his name, a good loan record, and a good credit record, then the minimum down payment can be 25, and the insurance points will be paid. 30 is the safest.

The minimum down payment ratio for a second home is adjusted to no less than 40, or 40%. This means that when residents buy a second home worth 2 million, they can pay 600,000 less down payment. Ordinary houses that are more than 2 years old (including 2 years old) are exempted from business tax when sold to external parties.

Extended information:

Notes:

1. The original and copy of the withdrawal person’s ID card, housing provident fund card (password), and original commercial bank loan contract And a copy, bank IOU (withdrawn in the current year) or repayment details of the latest year stamped with the seal of the loan bank (not withdrawn in the first year).

2. Withdrawal of provident fund is limited to the borrower and his or her spouse, and can only be done by myself or by the spouse on behalf of the borrower. To withdraw the provident fund of the borrower's spouse, the original and copy of the spouse's ID card and marriage certificate are also required for the spouse to apply on behalf of the borrower. If the borrower's corresponding contract information is available in the credit reporting system of the People's Bank of China, there is no need to provide a bank IOU or one-year repayment details.

3. Withdrawal amount: During the loan period and before repayment, the housing provident fund can be withdrawn multiple times. The time interval between each withdrawal should be more than one year, and the cumulative withdrawal amount shall not exceed the amount of principal and interest of the loan that should be repaid. The amount of the first withdrawal shall not exceed the principal and interest amount of the loan that should be repaid, and the amount of each subsequent withdrawal shall not exceed the principal and interest amount of the loan that should be repaid in the current year. If no withdrawals have been made in previous years, the withdrawal amount will not be calculated cumulatively.

Baidu Encyclopedia-Business Loans

Baidu Encyclopedia-Mortgage Down Payment