What is the down payment ratio of the first suite in Haikou?
1. Commercial loan: If you buy a house for the first time, you can borrow 70% of the appraised price of the house (the appraised price is generally lower than the market price).
2. Provident fund loan: If you are buying a house for the first time, you can get a loan of 80% of the appraised house price (within 90 square meters, 70% over 90 square meters). Note: If the provident fund is not rated, you can only borrow 800,000 yuan, but it depends on the amount and proportion of your provident fund.
3. Calculation method of down payment: down payment = total house price-customer loan amount; Loan amount = contract price (market price) × 80% (the first loan amount can be as high as 80%)
4. Generally speaking, according to the existing implementation standards for the first suite, the down payment ratio of commercial loans for new houses is 30%, the down payment ratio of provident fund loans for the first suite below 90㎡ (inclusive) shall not be less than 20%, and the down payment ratio of housing provident fund loans above 90㎡ shall not be less than 30%.
What are the preferential policies for the first home loan in Haikou?
1. Individuals can enjoy the preferential tax rate reduced to 1% when purchasing Haikou ordinary housing below 90 square meters for the first time.
2. The first suite in Haikou is temporarily exempt from stamp duty and land value-added tax.
3. The lower limit of the loan interest rate can be extended to 0.7 times of the benchmark loan interest rate, and the low down payment ratio can be adjusted to 20%.
4. The interest rates of individual housing provident fund loans are all lowered by 0.27 percentage points.
5. If the buyer sells the ordinary house that has been purchased for more than 2 years, the buyer need not bear the business tax.
6. Exempt the house registration fee for ordinary houses purchased by buyers, and the house transfer fee for buying and selling stock houses.
7. When a resident family who owns a house and the corresponding housing loan is not settled buys a second suite, the low down payment ratio of the house is adjusted to not less than 40%.
8. When using the housing provident fund loan to purchase the first set of ordinary self-occupied housing in Haikou, the low down payment is 20%; If the family owns a house and has settled the loan, the low down payment will be 30% when applying for housing provident fund to buy a house again.
9. The People's Bank of China stipulates that urban residents in China enjoy preferential mortgage interest rates when purchasing their first home.
The above is what I compiled about the down payment ratio of the first suite in Haikou. What are the preferential policies? According to relevant data, the preferential policies of the first suite have brought benefits to friends who buy their own homes for the first time, and indirectly adjusted the real estate market transactions. Therefore, before buying a house for the first time, we must first understand the preferential policies for buying the first suite and the conditions for enjoying the preferential policies for the first suite.