The down payment for a second-hand house can be paid directly to the seller, but after the payment, an agreement must be signed to explain the payment of the down payment and the subsequent procedures. This will make it easier to handle later. .

1. Which house is the second-hand house mortgage loan for? There are two types of mortgage loans for second-hand homes: first-home and second-home mortgages. A mortgage loan for a first-home second-hand home requires at least 30% down payment, while for a second home, the required down payment is generally 50% or 60%.

2. It depends on the total price of the second-hand house. Generally speaking, the down payment for a second-hand home mortgage loan is calculated as a proportion of the total price of the house. Calculated based on the 30% down payment of the first house, the total price of the second-hand house is 800,000, which requires a down payment of 240,000. If the total price is 1 million, a down payment of 300,000 is required.

3. Look at local policies. Whether you are applying for a commercial loan to buy a second-hand house, or applying for a provident fund loan to buy a second-hand house, different regions have different policies, and the down payment required is also different. Therefore, there is no unified answer for the down payment of an individual's application for a second-hand house mortgage loan. After deciding to apply for a second-hand house mortgage loan, it is recommended to go to various local banks to find out more and then choose a suitable bank to apply for a second-hand house mortgage loan.

Things to note when paying a down payment when buying a second-hand house 1. Pay attention to the age of the second-hand house

The age of the second-hand house is an important factor that affects the appraisal price of the second-hand house. Banks evaluate the age of the second-hand house. There are relatively strict regulations. If the house is too old, the loan application is likely to be rejected by the bank. Some banks require that the combined age of second-hand houses and the loan period cannot exceed 30 years, and some directly stipulate that the age of second-hand houses cannot exceed 15 years. Older homes also have shorter loan terms when applying for loans.

2. Choose a loan bank

One advantage of taking a loan to buy a second-hand house is that the choice of a loan bank will not be restricted by developers like new houses. Different banks have different loan policies. When choosing a bank, home buyers must not only consider the loan period, but also comprehensively consider conditions such as the number of bank outlets and convenience in repayment. Therefore, when choosing a bank, you can learn more about several banks and finally choose the one that suits you best.

3. Pay attention to the repayment method

At present, the most important repayment methods of major banks are the equal principal and interest repayment method and the equal principal. The equal principal amount is to divide the loan principal evenly according to the total number of months of repayment, plus the interest on the remaining principal from the previous period, thus forming the monthly repayment amount. Equal principal and interest means that the monthly repayments required by home buyers are the same; in the first half of the period, the proportion of interest repayment is large and the proportion of principal is small. After half of the repayment period, it gradually changes to a large proportion of principal and a small proportion of interest.

4. Pay attention to the property rights of the house

Some of the second-hand houses have no property rights. Everyone must pay attention to the fact that for houses without property rights certificates, buyers may not be able to get the house. There is a huge risk that the homeowner may mortgage or resell the house after having the title certificate, so you should choose a house with a title certificate for transaction. Some houses are owned by multiple owners. For example, if there are heirs, a family, or a couple, the buyer should sign a contract with all the owners. House sales contract.