Identification of the first housing loan: the first housing loan refers to the housing loan that enjoys the interest rate of the first housing loan. The criteria for determining the first home loan vary from place to place, and the policy standards of the local housing management department shall prevail. Interim Measures for Special Additional Deduction Article 14 If a taxpayer or his spouse uses a personal housing loan from a commercial bank or housing accumulation fund alone or jointly to buy a house for himself or his spouse in China, the interest expenses incurred in the first housing loan shall be deducted according to the standard quota of 1 000 yuan per month in the year when the loan interest actually occurs, and the maximum deduction period shall not exceed 240 months. Taxpayers can only enjoy a first home loan interest deduction.

First home loan policy

The central bank and the China Banking Regulatory Commission issued a notice requesting that the minimum down payment ratio of the first home loan be adjusted to not less than 25% in cities that do not implement purchase restrictions. However, many state-owned banks and joint-stock banks have indicated that they are waiting for the policy issued by the head office and have not yet implemented this new policy. This new policy reflects certain differentiation.

First of all, it is only for cities that do not implement purchase restrictions, which means that the New Deal will benefit most cities in the country, including Zhangzhou. Beijing, Shanghai, Guangzhou, Shenzhen and other cities that still implement purchase restrictions will not directly benefit. Secondly, the minimum down payment ratio for people who buy ordinary housing for the first time is only 25%.

How to identify the first suite:

1. The first suite refers to the purchase of only one set of housing, calculated according to the national first suite standard. The People's Bank of China stipulates that urban residents in China can enjoy preferential policies such as preferential mortgage interest rate and low down payment ratio when purchasing the first home.

2. The so-called "first suite" must meet three conditions at the same time: the buyer 18 years old; The house you bought is an ordinary house of 90 square meters or less (ordinary houses of 90 square meters or less enjoy preferential deed tax rate1%); There is no house purchased alone or jointly with others under the name of the purchaser. However, housing purchased with parents, purchased in accordance with the housing reform policy, and acquired through inheritance or resettlement are excluded.

3. Identification criteria for the first suite: I bought a suite with a loan, the commercial loan has been settled, and then I bought a house with a loan-the first set. I bought a suite with a loan and later sold it. You can't find the property through the house registration system, but you can find the loan record in the bank credit information system, and then you can borrow money to buy a house-the first set. I bought a suite in full and bought a house with a loan-the first set. I bought a suite in full and sold it. The house registration system couldn't find the property, and then I took out a loan to buy a house-the first set.

4. There are two commercial loan records in the name of the individual, all of which have been paid off and sold, and two sets of house sales certificates can be provided at the same time. In this case, when refinancing, the first set will count. One commercial loan has been paid off and the other provident fund loan has been sold. At the same time, you can provide proof of house sale, apply for a commercial loan and buy a house-the first set.

5. Husband and wife, one party buys a house before marriage and uses a commercial loan, while the other party buys a house before marriage and uses a provident fund loan. After marriage, they want to borrow money in the name of husband and wife. If the loan has been paid off, banking financial institutions can flexibly grasp the loan interest rate and down payment ratio according to specific factors such as the borrower's solvency and credit status. Husband and wife, one party has a house before marriage but no loan record, and the other party has a loan record before marriage but no real estate under his name. After marriage, he buys a house and applies for a loan-the first set.

Preferential policies for the first suite

Legal analysis: preferential policies for the first suite: 1. Buying a house for the first time can temporarily exempt the land value-added tax. 2. For buyers who purchase a house for the first time and apply for a loan, the lower limit of the loan interest rate can be extended to 0.7 times of the benchmark loan interest rate, and the down payment ratio can be reduced to 20%. 3. Property buyers who purchase ordinary houses for more than 2 years can be exempted from business tax. 4. Exempt individuals from housing registration fees and real estate transfer fees for purchasing ordinary housing.

Logo of the first suite:

1, the loan has already bought a suite, the commercial loan has been settled, and then the loan is used to buy a house-the first set.

I bought a suite with a loan and later sold it. You can't find the property through the house registration system, but you can find the loan record in the bank credit information system, and then you can borrow money to buy a house-the first set.

3. I bought a suite in full and bought a house with a loan-the first set.

4. I bought a suite in full and sold it later. The house registration system couldn't find the property, and then I took out a loan to buy a house-the first set.

5. There are two commercial loan records in the name of the individual, all of which have been paid off and sold, and two sets of house sales certificates can be provided at the same time. In this case, when refinancing, the first set will count.

6. One commercial loan has been paid off, and the other is the provident fund loan has been sold. At the same time, you can provide proof of house sale and apply for a commercial loan to buy a house-the first set.

7. Husband and wife, one party buys a house with a commercial loan before marriage, and the other party buys a house with a provident fund loan before marriage. After marriage, they want to borrow money in the name of husband and wife. If the loan has been paid off, banking financial institutions can flexibly grasp the loan interest rate and down payment ratio according to specific factors such as the borrower's solvency and credit status.

8. Husband and wife, one party has a house before marriage but no loan record, and the other party has a loan record before marriage but no real estate under his name. After marriage, he buys a house and applies for a loan-the first set is counted.

Legal basis: Article 209 of the Civil Code of People's Republic of China (PRC) establishes, changes, transfers and extinguishes the real right of immovable property, which will take effect after being registered according to law; Without registration, it will not take effect, except as otherwise provided by law. Natural resources owned by the state according to law may not be registered.

This is the end of the first home loan policy, and what conditions are needed for the first home loan. I wonder if you have found the information you need?