If you apply for a housing loan (including first-hand and second-hand properties) through China Merchants Bank, the down payment ratio is as follows:

1. For the first home, the ratio is at least 30, that is, the maximum loan amount shall not exceed the 70% of the value of the property purchased (cities that do not implement "purchase restrictions" will be adjusted to no less than 25%)

2. For a second home, the minimum ratio is 40%, that is, the maximum loan amount shall not exceed 60% of the value of the property purchased.

The specific amount you can borrow requires you to submit relevant information and can only be determined after the outlet has reviewed it. You can directly contact the local outlet’s personal loan department for consultation.