There are many kinds of loans to buy a house, including provident fund loans and commercial loans. Before making a loan, you need to know how much money is in your provident fund account and how much money your unit gives you every month. Only by knowing your own situation can you get a loan. Provident fund is a kind of welfare for employees, and the loan interest is much lower than that of commercial loans. Commercial loans can generally be combined with provident fund to make a portfolio loan. If you want to borrow a lot, but your provident fund balance is not much, you can combine loans at this time.
After determining your own provident fund, choose a house. Determine the total price and down payment of the house, and the total price MINUS the down payment is the loan money. You can't get a down payment, so you must have some cash on hand. General down payment is 30%. If you have more than 30% down payment, you can also give cash. The reason for this is to reduce the amount of money you borrow, because loans need interest, so in terms of the total amount, the more cash you give, the less loans you get. Of course, it depends on your own situation.
When you get a loan, you should have a guarantee. For example, if you want to borrow 65,438+10,000 yuan, then you should provide 50,000 yuan of provident fund guarantee. You can find friends in your city and join hands to add up the total balance of the provident fund to more than 50 thousand. In addition to provident fund guarantee, there are passbook guarantee and real estate license guarantee, but these two are more troublesome. Passbook guarantee, if you want to borrow 654.38+million yuan, you have to use a passbook of1654.38+million yuan, and the passbook cannot be withdrawn at maturity; Property guarantee depends on the size of the property you provide, even if it is too small, it can only be local.
Guarantee means that someone else gives you a guarantee that the money in your account can be taken out. You can take the exam once a year. So withdrawing money and lending are two unrelated processes.
After the loan is completed, the bank will give you an account number, and the provident fund center will calculate the money you need to pay back every month. You just need to remit the money to this account before the 20th of each month.
You can also repay the loan in advance, but the loan must be 1 year. You can pay less interest if you prepay. But the specific rules depend on the contract you signed with the bank.
If it's just a commercial loan
Decide the repayment amount according to your own affordability.
To measure financial affordability, we should follow the following three criteria:
1. The monthly repayment amount of the loan is ≤ 50% of the monthly disposable income-monthly property management fee;
2. The monthly repayment amount of the loan is less than or equal to 55% of monthly disposable income-monthly property management fee-monthly repayment amount of other debts;
3 cash, bank deposits and other emergency funds need to be able to maintain daily expenses for more than three months in case of emergency.
It should be reminded that most banks provide the business of changing the repayment method of mortgage loans, and at the same time provide the combination method of repayment. If you find that the current mortgage repayment method is not suitable, you should consult professionals and choose a suitable combination to make changes, so as not to hurt your credit or make the burden and pressure too great.
Increasing the number of down payment layers as much as possible can avoid interest rate risk (non-fixed interest rate mortgage)
Take the loan of 500,000 15 years as an example. The down payment is 20% and the interest rate is 6. 12%, which is 23,572.43 yuan more than the interest rate of 5.5 1%. When the down payment is 30%, the increase is 20625.87 yuan, that is, when the down payment is determined, the increase brought by interest rate is inversely proportional to the down payment. The higher the down payment ratio, the smaller the interest increase after raising interest rates. Therefore, buyers may wish to consider increasing the down payment ratio and reducing costs. Moreover, if the down payment is increased, it can also reduce the monthly payment burden for buyers: assuming the interest rate is 5.5 1%, the down payment of 30% will reduce the purchase expenditure by 73,585 yuan compared with the down payment of 20%, and the monthly repayment amount will be reduced by 408.5438+0 yuan; The interest rate is 6. 12%. The down payment of 30% is 7653 1.84 yuan less than the down payment of 20%, and the monthly repayment is 425. 17 yuan less.
Banks set thresholds for average capital and loan principal and interest.
At present, most banks have income restrictions when providing average capital and matching principal and interest loans. Relatively speaking, due to the high initial repayment amount, the threshold of general capital loans is also higher than the equal principal and interest.
Take a loan with a term of 65,438+200,000 yuan in 2005 as an example. The monthly repayment amount of equal principal and interest is about 1.707 yuan, and most banks need the lender to earn more than 3,000 yuan a month. For the same loan, the average capital repays 2200 yuan in the first month, and the bank automatically raises the threshold to 4000 yuan. What kind of loan method to choose should also consider the income requirements of lenders in different ways.