As of December 3, 2022, if the house price is around 8,000, you can get a loan of approximately 700,000.

With a monthly repayment of 4,000 yuan, calculated based on a 10% increase in the benchmark interest rate, a 30-year commercial loan can provide a loan of approximately 700,000 yuan. With a down payment of 30%, the value of the house you can buy is around 1 million or 1.2 million.

House loan refers to a type of loan in which the relevant user uses real estate assets as collateral to obtain a loan and pay off the principal and interest in installments according to the contract, and then the home buyer needs to repay the bank on time.