400,000 yuan to buy the first house requires a down payment of120,000 yuan and a loan of 280,000 yuan. Monthly repayment depends on the loan situation. If you choose a commercial loan, the loan amount will be 280,000 for 20 years. Pay 2096 yuan per month, pay monthly; The total interest is estimated at 530,000. If equal principal and interest repayment is adopted, and the monthly repayment is 2695 yuan, and then the 6.4 yuan is increased every month, the total interest will reach 46.4 yuan.
What should I pay attention to when buying a house?
1. Try to avoid using provident fund before applying for a loan. If the borrower withdraws the deposit from the savings deposit before the loan, the balance of the provident fund in your provident fund account is 0, resulting in your provident fund loan amount being 0, that is, you cannot get a provident fund loan.
2. In the first year of the loan, you can't repay in advance. According to the relevant provisions of provident fund loans, the prepayment should be paid back after one year, and the amount you pay back should not be less than six months.
3. In case of repayment difficulties, you can ask the bank to postpone repayment. If there is a problem with your repayment ability during the loan period, don't force yourself. ICBC customers can apply to ICBC for deferred repayment. After verification by the bank, there is no overdue loan principal and interest, and ICBC will accept your application for deferred repayment.
Don't forget to tell me when you borrow money after renting a house. This is something that many people ignore. If the owner rents the mortgaged house during the loan period, it shall inform the lessee in writing.
Don't forget to cancel the mortgage after the loan is paid off. After the borrower pays off all the principal and interest of the loan, he can cancel the mortgage at the county real estate trading center where the property is located with the bank's loan certificate and other property rights certificates.
6. Don't lose the loan contract and IOUs. When handling mortgage loan, the loan contract and loan bill signed by the bank with you are all important legal documents. Because the longest loan period is 30 years, you should make sure that your loan contract and IOUs are properly kept.