If you have a stable income and are married and have children, then the monthly payment can be set at 30% of the family's monthly income. In order to ensure family daily expenses and children's education expenses, the proportion of monthly payment to family income should be appropriately reduced.

2. Stability line -40% to 45%

If the buyer has a stable job and is unmarried or childless, the monthly mortgage payment can be set at 40%-45% of the monthly family income. Because at this time, the family burden is small, the expenses in other aspects of life are relatively small, and the personal age is relatively small, and the repayment ability is still relatively large. Therefore, we can consider increasing the monthly mortgage payment a little.

3. Warning line -50%

Banks should control the ratio of monthly housing expenditure to income of borrowers' housing loans below 50% (including 50%), and the ratio of monthly debt expenditure to income below 55% (including 55%). In other words, if your monthly payment exceeds 50% of your or your family's income, then the pressure of this mortgage may have affected your quality of life.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 735 A financial lease contract is a contract in which the lessor purchases the lease item from the seller according to the lessee's choice of the seller and the lease item, provides it to the lessee for use, and the lessee pays the rent.

Article 736 The contents of a financial lease contract generally include the name, quantity, specifications, technical performance, inspection method, lease term, rent composition, payment term, method and currency of the lease item and the ownership of the lease item at the expiration of the lease term.

The financial lease contract shall be in written form.