Is the down payment for apartments always 50%?

1. Is the down payment for an apartment always 50%?

2. Apartments with 70-year property rights can apply for provident fund loans; apartments with 40-year property rights cannot apply for provident fund loans and can only use commercial loans.

2. I want to buy an apartment for 220,000 yuan, with a down payment of 50,000 yuan, and repay the loan in 20 years. How much will I pay back each month and how much can I borrow?

Pure Provident Fund Loan Yes, the down payment is 50,000 yuan, the loan is 170,000 yuan, and the monthly payment is 1,030 yuan

For a mortgage, the down payment is 66,000 yuan, the loan is 154,000 yuan, and the monthly payment is 1,094 yuan

3. What is the down payment for an apartment< /p>

The down payment for an apartment is 30% to 50%

4. How much is the down payment for an apartment loan?

Calculate how much it will cost to decorate your home. Because the apartment is small, Buying a house is becoming more and more popular among investors because of its low payment and no purchase restrictions. In addition, the threshold for apartment loans is also relatively low. So how much is the down payment for an apartment loan? What are the disadvantages of buying an apartment? Let’s take a look with the editor below. 1. How much is the down payment for an apartment loan? According to relevant national laws, most apartment property rights are 40 years. Currently, there are no purchase restrictions or loan restrictions. If you want to buy a house with a mortgage loan for an apartment, the down payment required is 50%, the maximum loan term is 10 years, and the apartment cannot apply for provident fund loans. In addition, the water and electricity bills of the apartment and the property fees of the community are charged according to commercial standards. 2. What are the disadvantages of buying an apartment? 1. The land use period is short. The land use nature of commercial apartments is generally "shopping malls, office buildings, hotels" and other properties. The land use life is only 40 or 50 years, and when the land use life of the apartment expires, a high land price must be paid before the land can continue to be used. 2. High taxes and fees make it difficult to resell transactions. According to the relevant policies of our country, second-hand house transactions for ordinary residences do not need to pay land value-added tax, but second-hand house transactions for commercial apartments must pay land value-added tax. The collection of land value-added tax is generally based on the four-level progressive tax rate based on the value-added amount of the transferred land, that is, a tax of 30% to 60% is levied on the value-added part according to the value-added amount. In addition, a business tax of 5.5% needs to be levied on the total property transaction price. The sum of various taxes and fees will almost reach about 10% to 14% of the total property transaction price. 3. Commercial apartments with high mortgage interest rates and short tenures will not be affected by residential purchase restrictions and loan restrictions. However, because apartments are commercial properties, apartment loans can be up to 50%, and the maximum term is 10 years, and Apartments cannot apply for provident fund loans. 4. Management fees, water and electricity bills are more expensive. Water and electricity bills in apartments are charged according to commercial water and electricity bills. If the water charging standard for residential properties is 2 yuan/cubic meter, then the water charging standard for commercial properties is approximately 4 yuan/cubic meter; the electricity charging standard for residential properties is 0.5 yuan/kWh, then the electricity charging standard for apartments is It’s about 1 yuan/degree. 5. You cannot enter the household without a degree. If the house purchased is a commercial apartment, you cannot enter the household. Many commercial apartments are located in the city center, and there are even famous schools nearby. However, because the apartment cannot be settled or enrolled in the school, the potential for the apartment to appreciate in the future will be greatly reduced. Apartments have advantages such as small area, low total price, no purchase restrictions, and can be rented for investment, but they also have disadvantages such as high loan down payment, high transfer taxes, and commercial use of water and electricity. The above is an introduction to the down payment for an apartment loan and the disadvantages of buying an apartment. Friends who want to buy an apartment can learn more about it. Enter the area and get a free decoration quote Enter the area and get a free decoration quote