Generally speaking, for risk reasons, banks will set the maximum loan amount and the ratio of monthly payment to monthly income according to the borrower's income and other factors.
Monthly payment ≤ 50% of monthly income
In other words, 50% of the monthly income is the maximum amount for applying for a loan, but will everyone really determine their mortgage amount according to this amount?
Let's look at the following two examples:
(1) Xiao Wang and Xiao Li are married and have a daughter. They are going to buy a house after they get married. Later, they took a fancy to a house of 1 10,000, with a down payment of 20%, that is, a down payment of 200,000 and a loan of 800,000. According to the loan for 30 years, the interest rate is 4.9%, and the principal and interest are equal, they have to pay back more than 4,000 yuan a month. Obviously, if calculated in this way, the mortgage will affect their normal life. So the couple discussed borrowing money from their parents and relatives to pay more down payment, and finally paid a down payment of 500 thousand, with only a loan of 500 thousand In this case, the monthly payment is more than 2000 yuan. From this perspective, the couple think that their monthly mortgage payment can be controlled within 3,000 yuan without affecting their normal life.
(2) The young couple who have graduated for several years plan to buy a wedding room with the same investment. If the house they like is 3 million and the down payment is 30%, it should be 900 thousand. The remaining 265.438 million+should be loans. According to the loan for 30 years, the interest rate is 4.9%. Calculated by the equal principal and interest repayment method, the monthly payment is more than 10000. Their monthly salary adds up to 40 thousand yuan, and the family conditions of both sides are not bad. There is absolutely no problem with the down payment of 654.38+00,000 yuan, so they plan to borrow 2 million yuan, because in their view, even if they borrow money, their normal life will not be affected, and the money they have can be used for investment, and the interest earned is completely enough to repay the mortgage interest.
The above two types of people are typical representatives of property buyers. In the example (1), the young couple mainly consider the comfort of life. They control the proportion of mortgage to monthly income within 30% to ensure the comfort of family life. It can be said that 30% is the comfortable boundary of the monthly supply ratio. In Example (2), the prospective husband and wife have higher income, mainly considering the investment and financial management issues, and also choosing the loan amount that suits them.
The young couple in example (1) have insufficient repayment ability and economic ability, while the prospective young couple in example (2) have sufficient funds and strong repayment ability. Two families choose different loan quotas according to their actual conditions. The former chooses less loans and the latter chooses more loans.
In short, housing loans are not the more loans, the better, but the state of "best combination". While reducing the cost of buying a house, we should also consider our own economic affordability and choose the most suitable loan method according to our own economic ability and family situation.
(The above answers were published on 20 16-06-22. Please refer to the actual situation for the current purchase policy. )
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