The house loan has not been paid off, so you can continue to mortgage to buy a car. As long as the borrower's income meets the repayment requirements of car purchase, he can still buy a car by mortgage.
Auto loan refers to the loan issued by the lender to the borrower who applies for buying a car, also called auto mortgage.
Object of loan: The borrower must be a permanent resident of the place where the loan bank is located and have full capacity for civil conduct.
Loan conditions: the borrower has a stable job, the ability to repay the principal and interest of the loan, and good credit; Can provide recognized assets as collateral or pledge, or a third person with sufficient compensatory ability as a guarantor to repay the principal and interest of the loan and bear joint liability.
Loan amount: The maximum loan amount generally does not exceed 80% of the price of the purchased car.
Loan Term: The loan term for automobile consumption is generally 1-3 years, and the longest is no more than 5 years.
Loan interest rate: uniformly stipulated by the People's Bank of China.
Repayment method: you can choose one-time repayment method of principal and interest and installment repayment method (equal principal and interest, equal capital).
An auto financing or guarantee company, as a guarantor who repays the principal and interest of the loan and assumes joint liability, is a third party with sufficient compensation capacity.
Can I get a mortgage to buy a car?
Yes, the bank will only consider the individual's repayment ability, which has no direct impact on whether you already have a car loan, but if the individual has too much debt, it will definitely affect the approval of the individual car loan, fearing that the individual will not be able to repay on time in the future. So in this case, the bank will ask for more proof of running water or proof of repayment ability.
Housing loan, also known as housing mortgage loan, is an application form for housing mortgage loan, ID card, income certificate, housing sales contract, guarantee and other legal documents filled out by the buyer to the loan bank. , must be submitted. After passing the examination, the loan bank promises the loan to the buyer, and handles the real estate mortgage registration and notarization according to the house sales contract provided by the buyer and the mortgage loan contract concluded between the bank and the buyer. The bank directly transfers the loan funds to the sales unit within the time limit stipulated in the contract. The borrower should fill in the Application for Housing Mortgage before the loan, and submit the following supporting materials issued by the bank: the borrower's fixed income certificate issued by the borrower's unit; Credit certification documents such as business license and legal person certificate of the loan guarantor; Legal and valid identity certificate of the borrower; The relevant certificate of the ownership of the house or the certificate that I have the right to the house according to law; Appraisal report, appraisal report and insurance documents of mortgaged real estate; Contracts, agreements or other supporting documents for the purchase and construction of houses; Other documents or materials required by the lending bank.
Car loan refers to the loan issued by the lender to the borrower who applies for buying a car. Automobile consumption loan is a new loan method that banks issue RMB-guaranteed loans to car buyers who buy cars at their special dealers. The interest rate of automobile consumption loan refers to the ratio of the loan amount to the principal given by the bank to consumers, that is, borrowers, for purchasing their own cars (non-profit family cars or commercial vehicles with less than 7 seats). The higher the interest rate, the greater the repayment amount of consumers. According to the regulations of the central bank, the benchmark interest rate is implemented for auto loans, but financial institutions can float within a certain range of the benchmark interest rate. The term of auto loans in major banks is generally less than five years, and the interest rate of auto loans directly determines the cost of people's loans and becomes an important factor in determining whether people lend.
How to buy a car with a house mortgage?
The first one depends on whether your house is 15 years old (there may be some differences between banks), and the area should be at least 60-70 square meters. If your house meets the above requirements, you can consider applying for a mortgage consumer loan. Generally, loans can be made to 10 years, and the current interest rate has risen from 10%. If the interest rate rises from1.2000 to 10% after ten years, the monthly payment will be 1.492.92 yuan. Process: first sign the contract in person at the bank (usually guaranteed by a guarantee company). There are many guarantee companies in the bank, so you can choose one, because there is an agreement with the bank, so don't worry about the liar); Go home and wait for the appraisal company to come. After that, a bank will call to verify. After passing, you will apply for a mortgage. After you get his warrant, the bank can make a loan. (Generally, it takes 3-5 working days after you have complete information, and the bank will have approval opinions. The mortgage processing time is 7- 10 working days. It can be expedited and paid 200-300 yuan, which can be settled in 3 working days. Get another certificate, and if there is a quota, the bank will lend money within 2-3 working days. Information provided: ID card, household registration book, marriage certificate, income certificate, salary flow, two certificates and proof of use (in your, it is a car purchase or car booking contract). I am a bank loan. Generally, banks follow this process. I hope I can help you!
Can I buy a car by mortgage?
1, you can use a mortgage loan to buy a car.
2. Car buyers must be 18 years old and China citizens with full capacity for civil conduct.
3. Car buyers must have a relatively stable job, a relatively stable economic income or assets that are easy to realize, in order to repay the loan principal and interest on schedule. Assets that are easy to realize here generally refer to securities and gold and silver products.
4. During the loan application period, the car buyer will deposit the down payment for car purchase lower than that stipulated by the bank into the account of the bank savings counter.
5. Provide banks with bank-approved guarantees. If the personal account of the car buyer is not local, it should also provide joint liability guarantee, and the bank will not accept the mortgage set by the car buyer for the car purchased by the loan.
6. Car buyers are willing to accept other conditions that the bank deems necessary.
To sum up, we can know that a car can be mortgaged, so we can go to the bank to find out the situation before buying a car, and then we can apply for a mortgage.
Let's stop here for the introduction of mortgage bank loans to buy a car.