The current high housing prices have discouraged many people who just need it. Nowadays, many people have the need to buy a house, but they are unable to buy a house in full, so people choose housing loans to buy a house. Because the loan policies in different regions are different, it is necessary to understand the local real estate policies, because only in this way can the funds on hand be arranged reasonably and used correctly. If you plan to buy a house in Korla, how much is the down payment of 550 thousand? How much is the monthly payment? Let me show you the relevant information below!

For the purchase of the first home, the down payment ratio of commercial loans shall not be less than 30% of the total house price, that is, 550,000 * 30% = 385,000 yuan, and the longest loan period shall be 30 years; Provident fund loans, the maximum loan ratio can reach 80%, the maximum loan amount is 600,000 yuan, and the longest loan period is 30 years.

If it is a second suite, it shall not be less than 50% of the appraised house price, that is to say, if the total house price is 550,000 yuan, the down payment needs 550,000 * 50% = 275,000 yuan; If the provident fund loans the second suite, the maximum loan amount is 600,000.

Regarding the down payment and monthly payment for buying a house in Korla, if you plan to buy a house of 550,000 yuan in Korla, you should make adequate financial preparations. The down payment is also a big expense, and the monthly payment should be calculated. Will it affect your quality of life in the next few years or even decades? The above is the content of the Korla house loan I provided for you. I hope it will help you!