Housing loan to mortgage
Converting a mortgage to a mortgage means transferring the remaining loan debt to a new buyer. However, if you want to apply for refinancing, you must first seek the permission of the lending financial institution, and the seller must apply to the bank to change the lender, loan term and other information. Moreover, if both parties apply for mortgage, it will still involve transfer mortgage, which has certain limitations.
Mortgage has different requirements in different financial institutions, some banks can handle it, and some refuse to accept it, so if it is a transfer, the feasibility analysis of this method is not strong.
Pay off the rest of the loan with the down payment on buying a house.
Generally speaking, this situation is mainly used for those groups whose sellers have little loans left or whose buyers have sufficient funds to pay the down payment. For example, the loan 1 10,000 yuan has not been paid back yet. If the buyer can make a down payment of 400,000 yuan, then both parties to the transaction can solve the problem of this transaction, and the property can be easily and happily loaned from the bank for the second transaction.
Generally speaking, that process is relatively simple.
1. When a loan financial institution of the seller applies for prepayment, the buyer pays the remaining repayment amount of the seller as the down payment, and the house sales contract must be signed in the presence of the financing guarantee company.
2. When the seller goes to the bank to apply for early repayment, he must deposit the full amount into the repayment account in advance, and then go to the bank to apply for repayment.
3. After the credit management core of the financial institution puts forward the raw materials for mortgage cancellation, the original owner's house is mortgaged, and the seller must go to the real estate registration center where the house belongs to cancel the mortgage, and the seller owns the house, and then both parties to the transaction can continue to handle the redundant procedures for real estate sale.
Mortgaging financial institutions with other pledges. If the buyer doesn't want to pay the down payment to help the merchant release the property, the buyer can also use his other pledges, such as other cars and houses, to mortgage the financial institution, so as to obtain a certain loan to pay off the mortgage. It is also possible to complete the transaction with the buyer until the mortgage is paid off and the house is released.
Generally speaking, there are different regulations on the length of time for releasing custody in different places, and some require releasing custody before the transfer of property rights. In other words, even if the house has not been released from custody, it is possible to find a new financial institution for evaluation and face-to-face signing. However, in some places, they are required to complete the release procedures before they are qualified to inspect the house.
The general steps of releasing pledge are as follows:
1. Contact the bank to make an appointment to cancel the mortgage;
2. Go to the bank to apply for early repayment;
3. Repay as agreed;
4. Apply to pay off the loan and print the loan repayment details;
5. Post-loan management of banks. CITIC Bank takes out the pledged raw materials and cancels the mortgage at the relevant address.
What is the most suitable monthly payment for buying a house? Just need a family to buy a house and submit a large loan, but because of the high monthly housing loan, the family's economic pressure is great, and it is difficult everywhere! This is not good! What is the best monthly payment for buying a house? Be sure to calculate before applying for a loan, otherwise it will endanger the quality of life! Let's see how much your monthly payment is the most suitable!
The repayment ability coefficient is used to measure the repayment ability of the lender. It is the ratio of loan cost to the lender's income in the current month. The repayment ability coefficient can prevent the risk that the monthly repayment amount accounts for a high proportion of the family's annual income and can't afford the mortgage. If you want to know your repayment ability, you must know the repayment ability coefficient!
Calculation of repayment ability coefficient of housing loan;
For example, if the coefficient is 0.4 and the monthly income is 8,000 yuan, you can repay the loan by 3,200 yuan per month.
If the coefficient is 0.5, the monthly income is 8,000 yuan, and the monthly loan repayment can be 4,000 yuan.
Personal repayment ability coefficient has a certain relationship with personal monthly income, work content, personal property and credit information. The greater the wage income, the more stable the operation, the greater the overall assets of the family, and the better the credit information. Then his repayment ability coefficient will be even greater. On the contrary, it will be lower.
What is the repayment ability coefficient of commercial service loans?
The loan for general business services is 0.5. When your and your wife's monthly income is 1 000, then my monthly repayment ability is 5000, and you can get a loan with a monthly repayment of 5000.
What is the repayment ability coefficient of personal provident fund loans?
The repayment ability coefficient of individual provident fund is determined according to different loan terms, which is 35% within ten years (including ten years), 40% within ten to twenty years (including twenty years) and 45% within twenty to thirty years.
The repayment ability coefficient of individual provident fund is different. Big cities have different requirements. The repayment ability coefficient of Tianjin is 35% within ten years (including ten years), 40% within ten to twenty years (including twenty years) and 45% within twenty to thirty years. The solvency coefficient of Dalian is 0.35, and that of Kunming and Shanghai is 0.4.
Note: You have the repayment ability because you have this repayment ability, and you can apply to the bank for the maximum loan credit line. But besides defining the monthly repayment amount, you also need to know the repayment ability of these three aspects, and finally determine the appropriate monthly repayment amount through comprehensive evaluation!
1, measuring down payment ability
When calculating your down payment ability, you must add the decoration budget of the house, because you can't live in an embryonic house.
2. Calculate the monthly supply capacity
If you buy a house with a loan, you should keep the monthly payment at about 30% of your monthly income, because you should consider not only the factors that affect the increase of the loan interest rate, but also the factors that reduce your income. In addition, when you have been borrowing money to buy a house, it is best to embed a one-year mortgage.
3. Measure the ability to raise a house
The cost of raising a house includes property management fee, heating fee and 24-hour hot water fee. If the house you buy is far from your work place, you should also consider the transportation fee.
So your monthly supply should be kept at about 30% of your monthly income. If the monthly loan repayment can't meet the total loan amount I need, everyone can moderately increase the loan period to avoid the excessive economic pressure brought by the mortgage!