According to relevant regulations, the longest term of apartment loan is 30 years. If you buy the first suite, then the down payment ratio is usually 30%; If you buy a second suite, the interest and down payment will usually go up10%; Buy a third suite, the bank can not give loans.

Disadvantages of buying an apartment

1, and the land use period is short.

Compared with residential buildings, the biggest disadvantage of apartments is the short service life of land. Under normal circumstances, the residential land use period is 70 years, but the apartment is only 40 to 50 years, and the land use period of the apartment expires, and it is necessary to pay a certain land transfer fee to continue using it.

2, high taxes and fees are difficult to change hands.

According to relevant regulations, residential transactions can be exempted from land value-added tax, but apartments cannot. Generally speaking, the collection of land value-added tax is generally based on the value-added amount, and the value-added part is taxed at 30%-60%. In addition, there is a business tax of 5.5%, and all taxes and fees add up to 10%- 14% of the total price.

What should I pay attention to when buying an apartment?

1, pay attention to housing property rights

According to relevant regulations, the nature of housing use right is the same as land use right, including residential land, commercial land and industrial land. In the process of buying a house, as long as you look at the land use column on the land use certificate, you can see at a glance whether it is a house or an enterprise.

2. Choose brand developers

Generally speaking, brand developers are more powerful than small developers, and the most important thing is to have higher capital turnover ability. Moreover, large enterprises are more responsible, and there will be no unfinished business and delayed delivery.

3. It is recommended to choose a superior location.

In the process of buying a house, try to choose an area with mature business circle and convenient transportation. There are two reasons for this. On the one hand, it is easy to rent, and at the same time the rent is guaranteed. On the other hand, due to the large appreciation space, it is conducive to other uses.