First, the down payment ratio of the second suite in Qingdao
After the introduction of the eleventh property market regulation policy, most cities have increased the down payment ratio of second-home loans, and the minimum down payment for commercial housing loans has increased from 30% (or 30% to 50%) to 40%. For commercial loans in Beijing, Shanghai and Guangzhou, the minimum down payment is 50% or even 70%. The second home loan interest rate is still 1 and 1 times the benchmark interest rate in most cities.
(1) If a resident family purchases the first home (that is, there is no home in this city under the name of the resident family and there is no commercial housing loan record or provident fund housing loan record) and applies for a commercial personal housing loan, the down payment ratio shall not be less than 20%.
(2) Under any of the following circumstances, if a household applies for a commercial personal housing loan to purchase an ordinary self-occupied house, the down payment ratio shall not be less than 50%; Purchase of non-ordinary self-occupied housing, the down payment ratio shall not be less than 40%:
1, there is no housing in this city, but there are records of commercial housing loans or provident fund housing loans;
2. Own 1 apartment in this city.
The down payment ratio of the second suite in Qingdao has been adjusted. After the Qingdao municipal government issued relevant policies, the down payment ratio of the second suite in Qingdao increased from 20% to 40%. In other words, the down payment ratio of the second suite has reached twice that of the first suite. Therefore, I suggest that you can sell your first suite before buying a second suite, which will help you get real estate faster. Of course, if your economic conditions permit, you can also buy a second suite directly.