How much is the down payment for a house worth 1.08 million yuan in Jurong? What is the monthly payment for a house worth 1.08 million yuan?

If you plan to choose a house in Jurong, how much is the down payment for a house worth 1.08 million yuan? How much is the monthly payment?

The current high housing prices have made it prohibitive for many people who just need it. Now many people have the need to choose a house, but cannot afford to pay the full price to choose a house, so people choose to choose a house with a personal housing loan. Since loan policies are different in different regions, it is necessary to master 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 choose a house in Jurong, how much is the down payment for a house worth 1.08 million yuan? How much is the monthly payment? Let me take you through the relevant information below!

If you buy your first house, the down payment ratio of the commercial loan shall not be less than 30% of the total price of the house, that is, 1,080,000 * 30% = 756,000 yuan, and the loan period is 30 years; for provident fund loans, the loan ratio can be up to 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 1,080,000 yuan, the down payment requires 1,080,000 * 50% = 540,000 yuan; provident fund loan for the second house If so, the loan amount is 600,000.

As for the down payment and monthly payment status of house selection in Jurong, if you plan to buy a house worth 1.08 million yuan in Jurong, you must be prepared with sufficient funds. The down payment is also a large expense, and You should also calculate the monthly payment to see if it will affect your quality of life in the next few years or even decades.

The above is the content of Jurong housing loan that I provide you, I hope it can help you!