There are various types of housing loans in Shenzhen.
I. One-time payment
It is the most common payment method in the past, and is generally used for the sale of low-priced small-sized houses at present.
Benefits: Generally, a one-time payment can get a discount of about 5% of the house price from the seller. If it is an existing house, you can quickly obtain the property rights of the house. If it is an auction house, this payment method has the lowest price.
Disadvantages: One-time payment needs to raise a lot of money, and the interest on this money is lost, which is very stressful for buyers with limited economic ability. If it is a one-time payment by auction, the developer may not pay the house on time, resulting in the loss of interest or even all the house payment, and the risk of buying a house in spring is high.
Second, installment payment.
It is also divided into interest-free installment and low-interest installment, which is an attractive payment method at present.
In favor: to ease the economic pressure of one-time payment, you can also use the house payment to urge developers to fulfill their commitments in the contract.
Disadvantages: With the extension of the payment period, the interest rate will be higher, and the amount of house payment will be higher than that of one-time payment.
Third, mortgage payment.
That is, mortgage loan for house purchase is a kind of payment method in which the property right of the house purchased by the buyer is used as collateral, and the bank pays the house price to the developer first, and then the buyer pays the principal and interest to the bank in installments on a monthly basis. Because it can quickly transform potential market demand into effective demand, it has become the most effective means to promote the real estate market.
In favor: We can raise the necessary funds to realize our desire to buy a house and spend tomorrow's money to realize today's dream.
Disadvantages: At present, the procedures are complicated and there are many restrictions.
Fourth, provident fund loans.
For the part with insufficient funds, residents will generally apply for personal housing provident fund loans in addition to using their savings over the years, and then apply for personal housing mortgage loans from banks to solve the problem. At present, this kind of "combined loan" which combines personal housing provident fund loan with bank personal housing mortgage loan has become the most common way to buy a house. Because it is more realistic and reasonable, after all, the amount of personal housing provident fund that each family can borrow will not be much. If all loans are made to banks, the interest burden will be too heavy.
What are the payment methods for buying a house?
Buying a house is the goal of most people. There are many precautions when buying. I believe many people still don't quite understand. What are the payment methods for buying a house? Next, Bian Xiao will introduce relevant contents to you. Let's have a look.
What are the payment methods for buying a house?
1, paid in one lump sum. Buyers pay off all the house payment in one lump sum, which is the favorite payment method for developers and second-hand house landlords, because the house payment can be paid in full immediately. Full payment can win more discounts and concessions, and it is also convenient for buyers to resell or mortgage their own property later.
2. Pay in full by installment. Property buyers will divide the purchase price into several payments to developers or second-hand housing owners. Word of mouth is usually limited to two to three months, and the words of second-hand houses vary from person to person. Through this payment method, buyers will have some time to operate and raise funds.
3. Provident fund loans. Property buyers use their own housing provident fund to submit an application to the provident fund management center to apply for a loan for the house they want to buy, provided that the relevant conditions are met. The loan interest rate in this way is relatively low, which can save a lot of interest. However, the conditions of provident fund loans are harsh, the review time is relatively long, and the loan amount has a certain upper limit.
4. Commercial loans. Buyers make commercial loans after paying the down payment. The approval time of commercial loans is relatively fast, the application conditions are relatively wide, and the loan amount is not as strict as that of provident fund loans. Most people choose commercial loans, but the loan interest rate will be higher.
5. Mixed loans. Mixed loan refers to a payment method used together with provident fund loan and commercial loan in the process of buying a house. This method is often used when the loan amount of provident fund reaches the upper limit and the remaining house payment cannot be paid in one lump sum. However, the review process in this way is complicated.
Abstract: The above is the related content of the payment method of house purchase introduced by Bian Xiao, hoping to help some friends in need.
Payment method of national discount loan
The national discount loan payment method is a special bank loan that the state or the bank subsidizes its interest expenses. Discount loan is a special kind of bank loan, which refers to the use of hail code for designated purposes and is subsidized by the state or banks. It is a preferential loan to encourage the construction of a certain cause or project. The loan interest can be fully subsidized or partially subsidized. For the spread of loans, the principle of "whoever searches quietly arranges subsidies" is implemented.
This concludes the introduction of loan payment methods and loan payment methods. I wonder if you have found the information you need?