Yes, provided that your monthly income is enough for repayment and at least 2000 yuan can be left as living expenses.

For example, if your monthly income is 8,000 yuan and your monthly payment is 2,000 yuan, then your car loan can be up to 4,000 yuan per month, and you can borrow 5 1000 yuan or 6,543.8+ten thousand years after annualization.

If your monthly income is insufficient, you need to add your husband and wife or your parents as repayment targets.

What happens if you don't borrow money?

1. If a lending institution or bank fails to perform the judgment of the court within the performance period after winning the case in court, it will apply to the court for enforcement.

2. When accepting enforcement, the court will inquire about the real estate, vehicles, securities and deposits in the name of the lender according to law.

3. If the lender refuses to perform the effective judgment of the court because there is no enforceable property under his name, negative information such as overdue repayment will be recorded in the personal credit report, which will restrict high consumption and entry and exit, and may even lead to judicial custody.

4. Refusing to execute a judgment or ruling is suspected of refusing to execute a judgment or ruling.

Second, if a banking institution owes a bank loan, it will take a series of measures, as follows:

1. The bank will call the borrower to collect debts.

2. If the borrower still fails to repay the debt after debt collection, there will be a certain penalty interest and a bad credit record for himself.

3. If the borrower still fails to repay the loan, the bank will send relevant staff to collect it in person.

4. If the borrower fails to repay the loan until the end, the bank will take legal measures to protect its rights and interests through law. If the borrower applies for a mortgage loan, the collateral will be auctioned by the court, and then the proceeds from the auction will be used to repay the loan.

Third, overdue loans

According to the relevant provisions of the Contract Law, the borrower fails to repay the loan within the time limit stipulated in the loan contract, which is a breach of contract and should bear the liability for breach of contract. The ways to bear the liability for breach of contract include returning the loan principal, paying the interest during the loan period agreed in the contract and paying the interest of loans overdue.

Repaying the loan principal and paying interest within the loan period agreed in the contract will generally not cause disputes because the parties have clearly agreed in the loan contract; There is a great dispute between the parties about the interest on overdue loans, and the standards applied by judges in hearing such cases are not uniform, which affects the authority of the law. Lawyers believe that it is necessary to integrate this issue so that everyone's understanding can be unified.

The funds invested by banks in such loans may or may not be recovered in the future. There is a great possibility of losses, and commercial banks usually have to impose a penalty interest on such loans. Overdue loans are the problem assets of banks. Commercial banks should maintain a high capital reserve, and the reserve ratio is generally 50%. "

Can I get a mortgage to buy a car?

Yes, provided that your monthly income is enough for repayment and at least 2000 yuan can be left as living expenses.

For example, if your monthly income is 8,000 yuan and your monthly payment is 2,000 yuan, then your car loan can be up to 4,000 yuan per month, and you can borrow 5 1000 yuan or 6,543.8+ten thousand years after annualization.

If your monthly income is insufficient, you need to add your husband and wife or your parents as repayment targets.

In the process of buying a car by mortgage, the bank requires customers to prepare personal information according to relevant regulations.

Including: marriage certificate, identity card, real estate license, income certificate, residence permit (or temporary residence permit) and other copies. ), driver's license, etc. If you are an employee of a state-owned enterprise, you need to prepare a copy of your work permit. If you are an individual and private household, you need to submit a copy of your tax registration certificate, business license and other relevant documents. And a guarantor with a local account.

There are two ways to apply for mortgage to buy a car. One is to buy a car with personal credit mortgage (generally, you are required to have very good credit, no mortgage, no guarantee, stable work income and no bad hobbies). This form of car purchase can generally be loaned for 5 years.

The other is to buy a car with real estate mortgage (with real estate license as mortgage). Generally, the mortgage loan for buying a car can last for up to 5 years.

The down payment for both types of mortgages is above 30%. The interest rate is mainly determined according to your loan type and your personal qualifications.

Mortgage to buy a car _ Baidu Encyclopedia

Can I apply for a car loan if I have a loan?

Yes, it depends on the actual situation of the lender. What kind of loan does the applicant want to apply for, how much loan to apply for, and how long is the time limit for applying for the loan. If the applicant's personal qualifications are not bad, he can get a loan.

For example, if the applicant has a car loan and then applies for a credit loan of 40,000 yuan, if the monthly income of the applicant is 20,000 yuan, and the car loan to be repaid every month is only 2,000 yuan, as long as the applicant has good personal credit, no overdue situation and no other debts, then the probability of obtaining a credit loan is very high.

Of course, this is also inseparable from the loan institution chosen by the applicant. Banks always have higher requirements for applicants and strictly control the applicant's asset-liability ratio. The asset-liability ratio exceeds 40%, and banks will hardly consider lending.

If my car loan has not been paid off, can I refinance it? Yes, if conditions permit, but the borrower should arrange the loan amount reasonably. In addition, borrowers can also consider applying for loans from loan companies. Compared with banks, the loan conditions of loan companies are much looser, and the chances of loan success are greater. But the cost of loans is much higher than that of banks. Therefore, it is necessary for borrowers to make repayment plans before applying for loans.

Knowledge expansion:

Car loans need to meet the following conditions:

1, with valid identification and full capacity for civil conduct;

2. Can provide a fixed and detailed address certificate;

3. Have a stable occupation and the ability to repay the loan principal and interest on schedule;

4. Personal social credit is good;

5. Holding a car purchase contract or agreement approved by the lender;

6. Other conditions stipulated by the Cooperation Organization.

The process of buying a car with a loan:

1. Lead customers to choose cars at the bank's special dealers and sign car purchase agreements or contracts;

2. The borrower applies to the loan bank for personal automobile mortgage;

3. Sign the contract with the consent of the investigation;

4. Go through the formalities of notarization and mortgage of automobiles;

5. The lender handles the loan;

6. After the loan is paid off, the lender cancels the pledge certificate and returns it to the customer.

Can I buy a car with a mortgage loan?

You can apply for a car loan after applying for a mortgage. After applying for a mortgage, you can apply for a car loan again if you still have the ability to repay the principal and interest. However, it needs to be understood that applying for a car loan, like a mortgage, also requires the applicant to prepare a down payment of not less than 30% of the total price of the car purchased. As long as the applicant has a good economic situation and a high income, he can apply for a loan to buy a car even if he has just applied for a loan to buy a house. Before applying for a car loan, it is recommended to consult the local loan financial institution before handling it.