1. Down payment ratio: According to relevant regulations, the down payment ratio for a second home in Ningbo shall not be less than 70% of the total house payment.

2. Loan interest rate: The loan interest rate for second home is 10% higher than the base interest rate (the specific loan interest rate is subject to the regulations of the handling bank). Mortgage interest calculator

In addition, Ningbo City also has a housing purchase restriction policy. Ningbo registered residents can buy a second house with a down payment of RMB 70, and those who do not own a house or have a loan can buy a second house without a loan or a house. Those who currently have one can buy another one. Those who have two or more homes are prohibited from buying more.

In order to buy a house in Shanghai, residents with registered residence outside the city need to have paid taxes or paid social security for 2 years in total in the past 3 years. You can buy one house without a mortgage, but currently those with one house and those with two or more houses are prohibited from buying. In addition, single foreigners in Ningbo are prohibited from buying houses.