If you plan to buy a house in Mudanjiang, how much is the down payment for a house worth 700,000 yuan? How much is the mortgage?

The current high housing prices have discouraged many people who just need a house. Now many people have the need to buy a house, but cannot afford to buy a house in full, so people choose to buy a house with a mortgage loan. Since loan policies are different in different regions, it is necessary to understand the local real estate policies, because only in this way can we reasonably arrange the funds on hand and spend them correctly. If you plan to buy a house in Mudanjiang, how much is the down payment for a house worth 700,000 yuan? How much is the mortgage? Let me take you through the relevant information below!

If you buy your first home, the down payment ratio of the commercial loan shall not be less than 30% of the total price of the house, that is, 700000 * 30 = 490000 yuan, and the loan period is 30 years; for provident fund loans, the loan ratio can reach 80%. The loan amount is 600,000 yuan and the loan term is 30 years.

If it is a second house, it must not be less than 50% of the appraised value of the house. That is to say, to buy a house with a total house price of 700,000 yuan, the down payment requires 700,000 * 50 = 350,000 yuan; for a provident fund loan for a second house, The loan amount is 600,000.

As for the down payment and mortgage situation of buying a house in Mudanjiang, if you plan to buy a house worth 700,000 yuan in Mudanjiang, you must make sufficient financial preparations. The down payment is also a large expense, and the monthly mortgage is also Calculate whether it will affect your quality of life in the next few years or even decades. The above is the Mudanjiang home purchase loan content I provide you, I hope it can help you!