Calculation formula of second-hand house down payment
The calculation formula of second-hand house down payment is:
Down payment = total price of second-hand house × down payment ratio
Among them, the down payment ratio is determined by the bank according to the credit situation of the buyers, loan amount and other factors. Under normal circumstances, the down payment ratio is 20%~30%.
Second, the specific steps of second-hand housing down payment calculation
1. Determine the total price of second-hand houses
Before buying a second-hand house, you need to know the total price of the second-hand house you bought. Under normal circumstances, the total price of second-hand houses is determined by factors such as housing area, housing location and housing decoration.
2. Determine the down payment ratio
The down payment ratio is determined by the bank according to the credit situation of the buyers, loan amount and other factors. Under normal circumstances, the down payment ratio is 20%~30%.
Calculate down payment
According to the above formula, the specific amount of down payment can be obtained by multiplying the total price of second-hand houses by the down payment ratio.
Third, the factors that affect the down payment of second-hand houses
1. Buyer's credit status
When the bank determines the down payment ratio, it will evaluate the credit situation of the buyers. If the credit status of buyers is good, then the down payment ratio will be relatively low.
2. Loan amount
The higher the loan amount, the higher the down payment ratio.
3. The area where the house is located
The house prices in different regions are quite different, so the down payment ratio in different regions will be different.
Fourth, how to reduce the second-hand housing down payment
1. Choose the right loan product.
Different loan products have different requirements for the down payment ratio, and buyers can choose appropriate loan products according to their actual situation to reduce the down payment.
2. Choose the right buying area
Housing prices vary greatly in different regions. In order to reduce the down payment, buyers can choose areas with lower housing prices to buy houses.
3. With the help of provident fund loans
Property buyers can use provident fund loans to reduce the down payment. The down payment ratio of provident fund loans is generally low, which can effectively reduce the economic pressure of buyers.