Legal analysis: down payment loan refers to the down payment loan provided by financial institutions for customers who cannot pay the full down payment. As the name implies, it is a down payment loan, which means that developers cooperate with financial institutions to solve the problems of insufficient down payment or down payment subsidies for buyers through down payment installment or short-term bridge loan. Financial institutions also package this as a refinancing financial derivative product, and then lend it to property buyers. Generally speaking, down payment loans do not need collateral, but the approval requirements are higher than bank loans, and some require that the monthly income of families must be 2.5 times of the overall monthly payment. There are also restrictions on down payment loans, which can only be about 20% of the total house price at most, with an upper limit of 500,000, and the longest loan period does not exceed 3 years. The interest calculation of down payment loan does not decrease with the decrease of principal like mortgage, but remains unchanged. For example, the down payment is 6,543,800 yuan, the loan is for 3 years, and the monthly interest is paid to 780 yuan. After 6 months, you can apply for early repayment of the loan, and the previous interest will not be calculated. Instead, the interest is calculated at 6% based on the total amount of the loan applied for or the remaining principal when repaying the loan in advance. After paying off the interest and the remaining principal, you can close the business.

Legal basis: The Notice on Further Regulating the Sales Behavior of Commercial Housing requires real estate developers not to buy houses with zero down payment, not to advance the down payment for real estate speculators in violation of regulations such as down payment loans and down payment installments, and not to advance the down payment in disguise. If there is any violation, the local real estate authorities will interview the person in charge of the enterprise, order it to make corrections within a time limit, suspend the online signing until the rectification is in place, and expose typical cases.