When paying attention to second-hand house mortgage loans: the appraised price and maximum loan amount, pay attention to the age of the second-hand house, pay attention to the property rights of the house, choose a loan bank, pay attention to the repayment method, and pay attention to the loan period.

1. Appraisal price and maximum loan amount

When purchasing a second-hand house with a loan, home buyers should pay attention to the principle that the lending bank adopts the contract price and the appraisal price when lending, whichever is obtained. The lowest value between the two is multiplied by the loan factor, which is the maximum loan amount for the property.

2. Pay attention to the age of second-hand houses

The age of second-hand houses will have a great impact on the assessed price of second-hand houses, because banks are relatively strict on the age of second-hand houses. According to the regulations, if the house is too old, the loan application is likely to be rejected by the bank. Some banks require that the combined age of second-hand houses and the loan period cannot exceed 30 years, and some directly stipulate that the age of second-hand houses cannot exceed 15 years. Older homes also have shorter loan terms when applying for loans.

3. Pay attention to the property rights of the house

Buyers should pay more attention to the property rights of the house when buying a second-hand house. Some second-hand houses have no property rights. Buying a house without a property rights certificate is an important step in purchasing a house. There is a great risk for investors. The homeowner may mortgage or resell the house after getting the money. Moreover, some houses are owned by multiple owners, such as heirs, family members, and couples. In this regard, home buyers should discuss this with all owners. Sign a house sales contract.

4. Choose a loan bank

When purchasing a second-hand house with a loan, home buyers can choose their own loan bank, but different banks' loan policies are certainly different. When choosing a bank, home buyers must not only consider the loan period, but also comprehensively consider the number of bank outlets, convenience of repayment and other conditions. Therefore, when choosing a bank, you can learn more about several banks and finally choose the one that suits you best.

5. Pay attention to the repayment method

When purchasing a second-hand house with a loan, home buyers should pay attention to the repayment method. At present, the most important repayment method of major banks is the equal principal and interest repayment method. and equal principal amount. The equal principal amount is to divide the loan principal evenly according to the total number of months of repayment, plus the interest on the remaining principal from the previous period, thus forming the monthly repayment amount. Equal principal and interest means that the monthly repayments required by home buyers are the same; in the first half of the period, the proportion of interest repayment is large and the proportion of principal is small. After half of the repayment period, it gradually changes to a large proportion of principal and a small proportion of interest.

6. Pay attention to the loan period

There are many factors that will affect the loan period when buying a second-hand house. When a home buyer applies for a loan, the longer the loan period, the overall The higher the repayment interest, but the monthly repayment amount will be much smaller. If the loan term is short, the total repayment interest will be smaller, but the monthly repayment amount will be larger.