Down payment is the lowest proportion of down payment according to the national proportion when buying a house. Of course, the payment can be higher than this amount, but not lower than it, and the rest can be borrowed from the bank.
Since June 1 day, 2006, the down payment ratio of individual housing mortgage loan shall not be less than 30%. Considering the housing needs of low-and middle-income people, the down payment ratio of 20% will still be implemented for those who buy self-occupied houses below 90 square meters.
The down payment amount was determined according to the national policy at that time. For example: 30,000 yuan/flat house, 100 flat house is 3 million. Then, 20% down payment is 600,000, 30% down payment is 900,000, and 40% down payment is 654.38+0.2 million.
In the Notice of the General Office of the State Council on Forwarding the Opinions of the Ministry of Construction and Other Departments on Adjusting the Housing Supply Structure and Stabilizing Housing Prices, since June 1 2006, the down payment ratio of individual housing mortgage loans shall not be less than 30%. Considering the housing needs of low-and middle-income people, the down payment ratio of 20% will still be implemented for those who buy self-occupied houses below 90 square meters.
Developers advance the down payment, so that "zero down payment" can be realized. This seemingly "free lunch" has hidden risks. Li Tiegang, a professor at the School of Economics of Shandong University, said that in the face of frequent price reductions in the real estate market across the country, real estate companies were forced to take promotional measures to recover cash flow. Nothing for nothing. Developers pay down payment, some pay interest, and some secretly raise the house price to get back the income, but raise the house price in disguise.
"The pressure on home buyers to repay loans has suddenly increased, and the risks of banks and financial institutions have intensified. The developer actually has no shell. " An insider of a banking industry in Shandong said that the normal process of commercial loans is that customers must pay the down payment themselves. Developers can help buyers make up 30% of the down payment by paying part of the money in advance, and they can lend 70% of the house payment from the bank, which is illegal to cash out.
Down payment is the lowest proportion of down payment according to the national proportion when buying a house. Of course, the payment can be higher than this amount, but not lower than it, and the rest can be borrowed from the bank.
Since June 1 day, 2006, the down payment ratio of individual housing mortgage loan shall not be less than 30%. Considering the housing needs of low-and middle-income people, the down payment ratio of 20% will still be implemented for those who buy self-occupied houses below 90 square meters.
The down payment amount was determined according to the national policy at that time. For example: 30,000 yuan/flat house, 100 flat house is 3 million. Then, 20% down payment is 600,000, 30% down payment is 900,000, and 40% down payment is 654.38+0.2 million.
In the Notice of the General Office of the State Council on Forwarding the Opinions of the Ministry of Construction and Other Departments on Adjusting the Housing Supply Structure and Stabilizing Housing Prices, since June 1 2006, the down payment ratio of individual housing mortgage loans shall not be less than 30%. Considering the housing needs of low-and middle-income people, the down payment ratio of 20% will still be implemented for those who buy self-occupied houses below 90 square meters.
Developers advance the down payment, so that "zero down payment" can be realized. This seemingly "free lunch" has hidden risks. Li Tiegang, a professor at the School of Economics of Shandong University, said that in the face of frequent price reductions in the real estate market across the country, real estate companies were forced to take promotional measures to recover cash flow. Nothing for nothing. Developers pay down payment, some pay interest, and some secretly raise the house price to get back the income, but raise the house price in disguise.
"The pressure on home buyers to repay loans has suddenly increased, and the risks of banks and financial institutions have intensified. The developer actually has no shell. " An insider of a banking industry in Shandong said that the normal process of commercial loans is that customers must pay the down payment themselves. Developers can help buyers make up 30% of the down payment by paying part of the money in advance, and they can lend 70% of the house payment from the bank, which is illegal to cash out.