At the same time, some bank staff told Fangxun that because the second-hand housing business is not a major business, the amount of the second-hand housing business may not be as good as the first-hand housing, and the approval time will be slower. It is worth mentioning that there are some parts about the second-hand housing business. The bank will provide preferential schemes to individual cooperative agencies. When applying for loans, you may wish to “multi-channel consultation” to obtain the lowest interest rate concessions.
Saving money can be invested in provident fund loans
Last month, the Zhongshan Housing Provident Fund issued a new policy, and the foreigners were able to buy a house with a provident fund loan, and they approved the loan. In addition, the amount of the CPF deposit was adjusted. At present, the monthly deposit limit for the employees has been raised to 4,470 yuan. For the relevant depositors, the monthly contribution or increase of the provident fund can be used to buy a house more money!
At the moment, using a provident fund loan to buy a house, the interest rate for more than 5 years is: 3.25% for the first suite, while the first set of commercial loan interest rates is 5.15% or more, and the minimum spread between the two is 1.9%;
If you use the interest rate of 3.25% of the provident fund and the interest rate of 5.15% of the commercial loan as the standard, buy the first set of housing, apply for a housing loan of 800,000, loan for 20 years, and the same amount of principal and interest loans, get a monthly provident fund of 4,537 yuan, commercial loan monthly supply 5,346 yuan, a difference of 809 yuan per month.
In this way, the use of the provident fund can save at least 190,000, which is a significant amount for the family with income level in the midsole.xx