If you have the qualifications to buy a house in Shanghai and have no house or loan record, it will be counted as the first house. The down payment is 3.5% of the total house price; if it is a second house, the down payment for ordinary houses is 50%. The down payment for an ordinary residence is 70%.

(According to Shanghai’s adjusted standards for ordinary residences, the actual transaction price of ordinary residences should be less than 1.44 times lower than the average transaction price of housing on land of the same level. Each unit within the inner ring road, between the inner and outer ring roads, and outside the outer ring road should be less than 4.5 million yuan, 3.1 million yuan and 2.3 million yuan respectively). However, it is basically very difficult to find new ordinary residential houses, so the down payment for the second house is basically 70%.