In fact, now a large number of bank loans are inclined to mortgage loans, and buyers can not only get funds from banks quickly, but also the cost of mortgage loans has dropped greatly with several rounds of interest rate cuts!
However, people often apply for large loans to buy a house, but because of the high monthly mortgage, the family's economic pressure is great and they are stretched everywhere.
At this time, a problem appeared, the more loans from the bank, the better? How much is appropriate for monthly payment?
Today, I introduce a calculation method-repayment ability coefficient, hoping to have a reference for friends.
The repayment ability coefficient is used to calculate the repayment ability of the lender. It is the ratio of the loan principal to the lender's income in the current month. The repayment ability coefficient can prevent the risk that the monthly repayment amount accounts for too high a proportion of family income and cannot repay the mortgage. If you want to know your repayment ability, you must know the repayment ability coefficient.
Calculation of repayment ability coefficient of mortgage loan
If the coefficient is 0.4 and the monthly income is 8,000 yuan, the monthly repayment can be 3,200 yuan.
If the coefficient is 0.5, the monthly income is 8,000 yuan, and the monthly repayment can be 4,000 yuan.
Personal repayment ability coefficient is related to personal monthly income, job nature, family property and credit information. The higher the personal income, the more stable the job, the more family property and the better the credit information. Then his repayment ability coefficient will be even greater. On the contrary, it will become smaller.
What is the repayment ability coefficient of commercial loans?
The average commercial loan is 0.5. If your and your wife's monthly income is 1000, then your monthly repayment ability is 5000, and you can get a loan with a monthly repayment of 5000 yuan.
What is the repayment ability coefficient of provident fund loans?
The repayment ability coefficient of provident fund is determined according to the loan term, which is 35% within ten years (including ten years), 40% within ten to twenty years (including twenty years) and 45% within twenty to thirty years.
Different cities have different provisions on the repayment ability coefficient of provident fund. The repayment ability coefficient of Tianjin is 35% within ten years (including ten years), 40% within ten to twenty years (including twenty years) and 45% within twenty to thirty years. The solvency coefficient of Dalian is 0.35, and that of Kunming and Shanghai is 0.4.
Note: Repayment ability refers to the maximum loan amount that you can apply to the bank with such repayment ability. But besides knowing the monthly repayment amount, you also need to know the repayment ability of these three aspects, and finally determine the appropriate monthly repayment amount through comprehensive evaluation.
1, calculate the down payment ability
When calculating your down payment ability, you must add the decoration cost of the house, because you can't live in a rough house.
2. Calculate the monthly supply capacity
If you buy a house with a loan, the monthly payment should be controlled at about 30% of your monthly income, because not only the increase in loan interest rate, but also the decline in income should be considered. In addition, the loan to buy a house, it is best to set aside a year's mortgage.
3. Calculate the ability to raise a house
The cost of raising a house includes property fee, heating fee and 24-hour hot water fee. If the house you buy is far from your work place, you should also consider the transportation fee.
So your monthly supply should be controlled at about 30% of your monthly income. If the monthly repayment can't meet the total loan amount you need, you can extend the loan period appropriately to avoid the excessive economic burden brought by the mortgage.
(The above answers were published on 20 16- 12-30. Please refer to the current actual purchase policy. )
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