Generally speaking, in order to guard against risks, banks will require borrowers to mortgage no more than 50% of their income every month. So when you buy a house, you usually have to show the bank running water and salary certificate, and this 50% is the highest warning line for borrowers.
When I first bought a house, my monthly income was about 2000, my monthly provident fund was about 200, and my account was more than 400 per month. I am a full provident fund loan, and the repayment method is equal principal and interest repayment. The loan is 380,000 yuan, and the monthly payment is about 1 0,200 yuan. At that time, the monthly payment accounted for nearly 50% of the income. Later, because of changing jobs, five years passed, and now the monthly income is 3000+, and the monthly payment is still 1200, which is reduced to nearly 30%.
Monthly supply information
Take me as an example, the proportion of principal in monthly repayment is increasing month by month, and the proportion of interest is decreasing month by month. The monthly supply remains unchanged. Because the monthly payment is the same, it is convenient to arrange income and expenditure, and the bank is paid a fixed amount every month, and the interest ratio decreases month by month. The only downside is that this method needs to repay more overall interest expenses. But there is no way, because I work in the system, and only in this way can I alleviate the economic and life pressure of myself and my family.
My sister and brother-in-law started a set of existing houses in the second phase of our community in 20 19, which was the year with the highest house price. So they don't have a provident fund loan, because they need a loan of 700 thousand after the funds. I remember I helped them get the loan contract back. The contract says that the loan is 700,000 yuan, and the repayment method is equal principal repayment. In the first three years, the monthly supply decreased from 6500+ to 4500+. I don't remember the details. Anyway, it is decreasing every year, and Jamlom is decreasing every month. Both work in other provinces. My brother-in-law is the main lender with a monthly income of 10000- 12000. So their monthly payment accounts for about 50% of their income.
Their repayment method is: when the borrower starts to repay the loan, the monthly burden will be greater. However, with the passage of repayment time, the repayment burden will be gradually reduced, and finally the total repayment interest expenditure will be lower, which is an advantage. The disadvantage is that the burden of early repayment is heavy, especially when repaying for the first time.
Finally, to sum up, it is reasonable to pay less than 50% and 30% monthly. I think if you come quickly, it is recommended to adopt the second average capital repayment method; If it is a person in the system who receives public grain, the first method of matching principal and interest will be adopted.