What are the costs of buying houses

Loan interest

Loan borrowers in the same period a month to the monthly average amount of outstanding principal and interest of bank loans and interest, the loan interest can use the following formula to calculate: = month should also interest on the remaining principal on loans, interest rates *.







Real estate insurance

Individual housing loans of relevant documents, when the borrowers to apply for individual housing mortgage loans, required the purchase of property insurance. Since the purchase of property insurance and public housing by the lending bank insurance agent insurance procedures. According to sources the risk of real estate, real estate, insurance Mainly include the following aspects:

Real estate property insurance: the insured can be groups, legal persons, natural persons, and residents of the mainly residential insurance products since the purchase of public housing and insurance.
Residential insurance is a commodity for the purchase of domestic goods to the people in the purchase of residential damage from the accident encountered timely compensation insurance. Because of natural disasters caused by the loss of property insurance. By the insured property is the only housing and ancillary equipment and interior decoration materials, and other property. The two sides agreed in accordance with the provisions of insurance premiums.

Real estate liability insurance: here stressed that the main housing for all, the lessor and lessee of liability insurance, commonly known as real estate public liability insurance. It is mainly to cover the use of housing in the course of the liability.

Personal property insurance: mainly refers to the insured housing caused by the accident and the death or permanent disability, the insurance paid by the insurance amount of insurance.

Housing Loan Mortgage Insurance: It belongs to a real estate financing insurance, is to protect the safety of loans from borrowers related to a property insurance policy holders.

Taxes and fees

Real estate this special commodity in the sales price, there are a number of cost to bear, including:

Deed Tax: transaction price of 1.5 percent;

Maintenance of public funds: 2%;

Stamp Duty: transaction price of 0.03%;

Housing trading fees: transaction price of 0.25%;

Housing Survey registration fee: 100 yuan / pieces;

Premises of all permits nominal fee: 4 yuan / pieces;

Premises of all card printing: five yuan / pieces;

A total of licence nominal fee: 2 yuan / pieces;

If the commission counsel, agent fees for the purchase of the 0.5 percent «1%;

If commissioned by the justice, notary fees for the purchase of the 0.5 percent «1%;