The first home loan is strict. Under normal circumstances, only units or individuals with permanent residence or valid residence status in cities and towns, stable occupation and income, good credit, the ability to repay the principal and interest of loans on schedule, and self-raised funds reaching more than 30% of the total price of purchased houses, and ensuring to pay the down payment of purchased houses, while having assets recognized by banks as collateral or pledge, or having sufficient compensation ability, can apply for mortgage loans to purchase the first suite.

What taxes do I have to pay to buy the first suite?

You have to pay deed tax and stamp duty to buy the first suite.

1. deed tax: deed tax is a kind of property tax levied on real estate with changed ownership. For ordinary housing with an area of 90 square meters or less, and the housing belongs to families with few sets of housing, the deed tax will be levied at a reduced rate of 1%, and for ordinary housing with an area of 90 to 144 square meters, it will be reduced by 1.5%, and it will be reduced by 3% if it exceeds 144 square meters. Usually the deed tax is paid together with the down payment, and the developer collects it. After paying the relevant fees, the developer will issue a formal payment voucher for the house purchase.

2. Stamp duty: Stamp duty is paid directly when the contract is concluded, accounting for 0.05% of the total house price, and is generally paid together with the down payment, so that the developer can uniformly handle the contract registration and real estate license.

Matters needing attention in purchasing the first suite

The premise of buying a house is rational and planned consumption. Decide your own property according to your own income, expenditure and other actual conditions. In fact, it is good to meet the basic housing needs and avoid unnecessary extra burdens, but it is very important to cultivate a gradient consumption concept.

Learn the necessary basic knowledge of real estate, which is necessary for buying a house. Housing is a professional behavior because it involves huge amounts of money.

The key to buying a house: the accumulation of down payment. Set a goal first, such as paying a down payment within five years after graduation, so in order to achieve this goal, distribute your income reasonably. Set aside a part of funds regularly every month and make a regular quota plan.

Buy a house according to your ability: choose a building that suits you. Small area, low down payment and low total price, suitable for young people. It is recommended to buy a second-hand small house or a newly opened small apartment.

Because the time cost and transportation cost of crossing the city are more and more expensive, we should also consider the time cost of travel before buying a house.