Nowadays, people buy houses by loans, mainly loans, so we don't need to prepare too much money in advance, as long as the down payment is enough, and every month in the later period will be fine. However, not all the funds we earn are used to repay the mortgage, so we should distribute them equally. For example, before children need to go to school, what is the ratio of monthly payment to income? What should I pay attention to when buying a house with a loan? Nowadays, people buy houses by loans, mainly loans, so we don't need to prepare too much money in advance, as long as the down payment is enough, and every month in the later period will be fine. However, not all our income is used to repay the mortgage, but should be distributed equally. For example, children need money before going to school, and they need money when they are sick, plus daily expenses. Then let me introduce the ratio of monthly payment to income. What should I pay attention to when buying a house with a loan?

What is the ratio of monthly payment to income?

1, considering the bank.

Generally speaking, in order to guard against risks, banks will require borrowers to mortgage no more than 50% of their income every month. So when you buy a house, you usually have to show the bank running water and salary certificate, and this 50% is the warning line of the borrower. Then, the answer to the question is obvious: if you consider from the bank, it is most appropriate that the monthly payment accounts for less than 50% of your income.

2. From the point of view of the lender.

For property buyers, the monthly payment is of course as little as possible, and only in this way will it not affect the quality of life. Therefore, for buyers of different ages, the monthly supply ratio will be different. If you are between the ages of 25 and 30, your career is on the rise and your job is stable, your monthly payment can account for 40-45% of your family income. Because this stage is generally unmarried or married and childless, the family pressure is small, and the career in the later period is on the rise. At this time, it is reliable that the monthly payment ratio accounts for 40-45% at this stage.

If the buyer is over 35 years old, the monthly payment will not exceed 30% of the family income under the condition of stable work. Because you are married and have children at this age, your family living expenses are relatively large, and your career is relatively stagnant. In order to reduce the risk, the monthly payment ratio should not be too high. To sum up, it can be concluded that if you want to borrow money to buy a house, but don't want to affect the quality of life, then 30% of your monthly income is actually a more comfortable proportion. Because the follow-up may face factors such as rising interest rates and decreasing income. In addition, it is recommended to reserve a mortgage for one year. In case of uncontrollable factors, the monthly payment is not late.

What should I pay attention to when buying a house with a loan?

1, understand the housing and credit policies of this city.

In fact, the property market policy is different every year, so you need to know the housing credit policy of the city where you live before you buy a house with a loan, such as the qualification for buying a house and the down payment ratio.

2. Make financial planning before buying a house.

Before buying a house, buyers should sort out their financial situation and determine the down payment. How much does the monthly mortgage account for the total income? There are houses that need to be renovated and some expenses need to be left. These should be well planned.

3. Choose the right bank mortgage.

If you buy an existing house or a second-hand house, you can choose your own loan bank. The more types of services provided by mortgage banks, the more flexible and diverse financial services borrowers can obtain. From the borrower's point of view, the more choices you have, the better.

4. Choose the repayment method that suits you.

Property buyers should choose the repayment method that suits them before applying for loans. If they have strong repayment ability in the early stage, they can choose the repayment of the equal principal with much less interest than the equal principal and interest. Conditions do not allow the early investment to be too large, and you can choose to repay the principal and interest in equal amount. These should be decided according to your own situation.

What is the monthly income ratio I introduced above? What should I pay attention to when buying a house with a loan? The monthly income should be divided into many parts, especially for families with children to buy a house. We should not only consider whether we can afford these months, but also choose a house according to our personal needs. After all, the monthly income is relatively low, and it is also difficult to get a mortgage.