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How to calculate the bank loan evaluation?
The evaluation price of second-hand housing loans is mainly determined by the following factors.

1, housing factor

(1) depreciation: annual depreciation rate -2%

(2) Suite: three small suites (small hall, kitchen and bathroom)-10%

(3) floors: floors 2 and 6-3; 7th floor-5%; 3, 4 floor+3%; 1, the fifth floor is the benchmark price;

(4) Orientation: No facing south window -5%

2. Environmental factors

(1) No property management -5%

(2) Non-independent closed communities -5%

(3) There are provincial and municipal key primary schools+15%.

It should be noted that there may be a big difference between the appraisal price given by the appraisal agency and the market price of the house, which may only be 80%-90% of the actual transaction price. This requires us to prepare the difference between the expected loan amount and the actual loanable amount in addition to the down payment when buying a second-hand house.