1. What are the down payment methods?
Method 1, credit card
The use of credit cards is a very frequent and common phenomenon in today's society. Many people choose to use credit cards to a large extent because it is convenient to borrow and borrow money in the future.
When the down payment is not enough, you can appropriately withdraw the amount according to the amount of your credit card to make up for the gap. Coupled with the advantage that credit cards can be paid in installments, the pressure of late repayment will also be reduced. Be careful not to use more than one credit card at the same time when swiping the card, and don't swipe the card frequently in the near future to avoid being misjudged as cashing by the bank.
Method two, provident fund
It is a kind of social welfare for the company to pay the provident fund for its employees. You will know this benefit when you buy a house. Provident funds can be used not only for loans, but also for down payment. However, the condition of paying the down payment is that the buyer pays the down payment first, and then takes the purchase contract and invoice to withdraw the provident fund. Simply put, after you borrow money to pay the down payment, you can withdraw the provident fund to pay off your debts.
Method three, commercial insurance policy loans
Nowadays, many people have a sense of safety and health prevention, and generally buy some commercial insurance. If they buy commercial insurance and keep paying for it for a certain period of time, they can use the commercial insurance policy loan if there is any problem with the loan. However, the scope of application of policy loans should be determined according to the nature of commercial insurance itself. Some can get loans, others can't. You can consult before buying insurance.
In addition, the term of policy loans is shorter than that of commercial banks, and the amount is limited, so if the down payment is much less, it needs to be combined with other borrowing methods.
Method 4: Borrow money from friends and relatives.
This method may be the most direct method, and it is best if friends and relatives have spare money to lend you. Although the down payment for buying a house is a lot of money, the money lent to you by relatives and friends may not be enough, but at least it can fill some gaps. Make up the down payment with other loan methods, and the pressure of repayment will be less. But if you borrow money from relatives and friends, you must return it to others when you have the ability. After all, buying a house can't lose the trust of others.
Second, when is the down payment for buying a house more appropriate?
Generally speaking, after signing a commercial housing sales contract or a commercial housing pre-sale contract, you can pay the down payment to the developer, and then the developer will issue a receipt for the down payment. However, it should be remembered that property buyers can only pay the down payment to the developers after signing the purchase contract, otherwise it will easily lead to purchase disputes.