How much is the down payment to buy an apartment?

The down payment for an apartment is 50% of the total price of the house. The apartment is commercial in nature, and you can only use commercial loans to buy a house. The down payment must be 50% of the total house price, and the interest rate will also be increased by 10%. In real estate transactions, apartments are classified as non-residential. When buying a house, you also need to bear a 0.5% transaction fee, a 550 yuan construction fee, and a 4% deed tax.

The specific difference between apartments and commercial houses

1. Different years of property rights

The biggest difference between apartments and commercial houses is the number of years of property rights. Although houses There are no restrictions on the use of land, but the use of land property rights has a limited number of years. Usually, the land use life is divided into 40 years, 50 years and 70 years, of which, commercial land is 40 years, industrial land is 50 years, and residential land is 70 years.

2. Different property management

The planned land for general apartments is land for public facilities. The outer eaves of the building are controlled according to public construction standards. Balconies are not allowed outside the building. The planned spacing is according to Public construction standards are implemented, and corresponding supporting service facilities such as property management buildings are arranged inside the apartments in accordance with relevant regulations, while houses on residential land are not subject to relevant restrictions.

3. Different settlement regulations

Apartments are projects built on commercial land and are commercial in nature, so they cannot be settled. If it is a residential property, according to different requirements in different regions, as long as certain conditions are met, buyers can go through the settlement procedures.

4. Different taxes and fees

Apartments and houses have different taxes and fees. The former will bear more taxes and fees than the latter. Take personal income tax as an example. If it is the only residence for the family and the purchase time is more than five years, you are exempt from paying personal income tax. However, if the property sold is non-residential property, you must pay personal income tax regardless of the situation.

5. Different functions

The apartments are not only for living, but also for business and office use. Many small businesses choose to work in commercial and residential buildings such as apartments, sohos, and lofts. Compared with office buildings, the investment is lower. However, residential buildings cannot be used for commercial offices in name, and companies cannot be registered.

6. Water and electricity charges are different

Residences are civilian housing, and water and electricity bills are charged according to domestic water and electricity standards; apartments are commercial housing, and water and electricity bills are based on commercial water and electricity. standards to be charged. In the long run, the utility bills of a residence will be at least half as much as those of an apartment.

7. Living comfort is different

Generally, commercial housing is under closed management, with a community environment and relatively stable personnel; apartments can not only be lived in, but also commercially used, with high personnel mobility. There is no community environment and poor comfort; the residence has three connections and the apartment is partially airtight; the residence has a divided school and is transferable; the apartment is not necessarily so.