Today's high housing prices make many people just want to stop. Nowadays, many people have the need to choose a house, but they are unable to choose a house in full, so people choose a house with a personal mortgage. Because the loan policies in different regions are different, it is necessary to understand the local real estate policies, because only in this way can the funds on hand be arranged reasonably and used correctly. If you are going to choose a house in Suzhou, how much is the down payment for a 700,000 house? How much is the monthly payment? Let me show you the relevant information below!

If the first set is purchased, the down payment ratio of the commercial loan shall not be less than 30% of the total house price, that is, 700,000 * 30% = 490,000 yuan, and the loan period is 30 years; Provident fund loans, the loan ratio can reach 80%, the loan amount is 600,000 yuan, and the loan period is 30 years.

If it is a second suite, it is not less than 50% of the assessed house price, that is to say, for a house with a total house price of 700,000, the down payment needs 700,000 * 50% = 350,000 yuan; If the provident fund loans the second suite, the loan amount is 600,000.

Regarding the down payment and monthly payment for choosing a house in Suzhou, if you are going to buy a 700,000 house in Suzhou, you should make full financial preparations. The down payment is not a small expense, and the monthly payment should be calculated. Will it affect your quality of life in the next few years or even decades? The above is the content of the Suzhou housing loan I provided for you. I hope it will help you!