The down payment ratio and loan interest rate of the first suite and the second suite in Nanjing are different. Among them, most banks can make a down payment of 20% for the first purchase and 30% for the second suite, but some banks require a down payment of 60%. The interest rate for buying a second home loan is also generally raised by 10%.
Some banks in Nanjing will also appropriately increase the down payment ratio of foreign household buyers. Double foreign buyers (foreign hukou, foreign work) need 30% down payment, and double foreign buyers must pay more than 40% down payment for buying two houses. If property buyers want to buy a second suite through bank loans, it is best to know the relevant regulations of the second suite with the bank in detail before buying the second suite.
Matters needing attention in purchasing the second suite
1, pay attention to the policy.
If property buyers want to buy a second suite through bank loans, it is best to know the relevant regulations of the second suite from the bank in detail before buying the second suite, including the mortgage interest rate of the first suite, the mortgage interest rate of the second suite, the interest rate of new commercial housing, the interest rate of second-hand housing and so on.
2. Pay attention to the loan method
If the property buyers believe that they belong to the second suite and have the local purchase qualification, they should also pay attention to the choice of loan methods when handling the loan procedures. If property buyers pay personal provident fund, they can also consider using provident fund loans. You can still enjoy the relevant loan preferential conditions when purchasing the second suite. If the interest rate of provident fund loans is low, it can be used.
Be careful when signing the contract.
The purchase contract has been signed. Many people will not pay so much attention to the signing of the purchase contract when buying a second suite. They know that the purchase contract is an important document to protect the rights and interests of buyers. No matter how many suites you buy, the details of the contract may change, so check the terms carefully before signing the contract.