We have to transfer ownership when we buy a house, but we have to pay certain taxes when we transfer ownership. At the same time, many people choose loans when buying a house. When they borrow money, they have to go through a certain process. However, many people don't know much about the tax on residential transfer. Today, I will talk to you about the tax on residential transfer. Second-hand housing loan process? Let's have a look.

Residential transfer tax

Types and tax rates to be paid include: business tax and its surcharges: 5%- 10% (determined by lots); Personal income tax: 20%; Land value added tax: 30%-60%; Stamp duty: five ten thousandths; Housing transaction fee. The taxes and tax rates payable by the Buyer are: deed tax: 3%; Stamp duty: 0.05%; Housing transaction fees and housing ownership registration fees. Specific taxes and fees also need to be paid according to the real-time policy of the Finance and Taxation Bureau.

Second-hand housing loan process

1, apply. Second-hand housing buyers and sellers bring relevant materials to the bank for formalities. Get the second-hand housing personal loan application form first and fill it in completely and accurately. After filling it out, submit the application form and materials to the staff for review. After a preliminary assessment, the staff will give an approximate loan amount and term. It takes a day here.

2. After the appraisal is completed, the appraisal agency will make a housing appraisal report to the bank. The counterparty needs to pay the evaluation fee. The evaluation time is inconsistent, usually 3 to 5 days.

3. Approval by bank staff. Bank staff will examine the qualifications of applicants. In line with the conditions, the bank shall examine and approve the loan amount and term according to the housing appraisal price and the lender's qualification. Generally speaking, the approval process takes about 5 working days, and the approval speed of a written bank will be faster.

4. transfer. The buyer pays the down payment to the seller after approval. Then the two parties and the staff of the bank hold the down payment certificate, the bank's mortgage application review commitment and other materials to the real estate exchange for the transfer of housing property rights. The transfer is completed on the same day, and you can get the real estate license in about 20 working days.

5. Real estate mortgage registration, insurance procedures and bank loans. After receiving the real estate license, you need to apply for mortgage registration and insurance, and you need to pay insurance premiums. After the loan was issued, the bank began to lend money to the bank account designated by the seller, and the buyer began to repay the current period on schedule according to the contract.