How to calculate the price for a Hainan family to buy a house
In recent years, Hainan has attracted a large number of families to buy houses due to its unique climate advantages and free trade port policy. For families who want to buy a house in Hainan, it is important to understand the cost of buying a house, policy restrictions and loan calculation methods. This article will combine the hot topics and hot content on the Internet in the past 10 days to provide you with a detailed analysis of the calculation method for Hainan families to buy a house, and provide structured data reference.
1. Key points of Hainan’s house purchase policy
Hainan currently implements a purchase restriction policy, and the qualifications for home purchase vary in different regions and family situations. The following is a summary of Hainan’s latest home purchase policies in 2024:
| Home buying area | local family | out-of-town family | Social Security/Individual Tax Requirements |
|---|---|---|---|
| Main urban areas of Haikou and Sanya | Purchase limit is 2 sets | Purchase limited to 1 set | Requires 2 years of social security/personal tax |
| Other cities and counties | No purchase limit | Purchase limited to 1 set | No social security required |
| Wuzhishan, Baoting and other central cities and counties | No purchase limit | Purchase prohibited | Not applicable |
2. Calculation method of house purchase cost
The main costs of buying a house in Hainan include housing prices, taxes, property fees, etc. The following is a typical cost calculation example for a 100㎡ house in Sanya:
| Project | Amount (yuan) | Remarks |
|---|---|---|
| total house price | 3,000,000 | Calculated based on 30,000 yuan/㎡ |
| Deed tax | 90,000 | Total price × 3% (1.5% for first home) |
| maintenance fund | 12,000 | 120 yuan/㎡ |
| Property fee (first year) | 4,800 | 4 yuan/㎡/month |
| total | 3,106,800 | Does not include decoration costs |
3. Loan plan selection
Home purchase loans in Hainan mainly come in two forms: commercial loans and provident fund loans. The following is a comparison of the latest loan interest rates in Hainan in April 2024:
| Loan type | First home interest rate | Second house interest rate | Maximum loan term |
|---|---|---|---|
| business loan | 3.8%(LPR-20BP) | 4.4%(LPR+40BP) | 30 years |
| Provident Fund Loan | 3.1% | 3.575% | 30 years |
Taking a loan of RMB 2 million as an example, the monthly repayments of different repayment methods are compared:
| Repayment method | Business loans (3.8%) | Provident fund loan (3.1%) | difference |
|---|---|---|---|
| Equal principal and interest for 20 years | 11,967 yuan | 11,119 yuan | 848 yuan/month |
| Equal principal amount for 20 years | 15,000 yuan for the first month | 14,167 yuan for the first month | 833 yuan/month |
4. House price reference in popular areas
According to the latest market data, the housing price range in April 2024 in major cities in Hainan is as follows:
| area | Average price of new houses (yuan/㎡) | Average price of second-hand houses (yuan/㎡) | annual increase |
|---|---|---|---|
| Sanya | 28,000-35,000 | 25,000-32,000 | 5.2% |
| Haikou | 18,000-25,000 | 15,000-22,000 | 3.8% |
| Qionghai | 12,000-18,000 | 10,000-16,000 | 2.5% |
| Lingshui | 25,000-33,000 | 23,000-30,000 | 4.6% |
5. Things to note when buying a house
1.Qualification confirmation: Before buying, be sure to confirm your qualifications for buying a house, especially your social security payment status.
2.budget planning: In addition to the room price, 5-8% of taxes and other miscellaneous charges need to be reserved.
3.Loan pre-qualification: It is recommended to conduct loan pre-qualification in advance to avoid being unable to get a loan after signing the contract.
4.Region selection: Choose a suitable area according to different needs such as self-occupation, vacation or investment.
5.Property rights period: The property rights of some tourist properties in Hainan only last for 40-50 years, so special attention is required.
6. Summary
The calculation of Hainan family home purchases involves many factors such as policies, costs, and loans. It is recommended that home buyers choose the most suitable home purchase plan based on their own circumstances and comprehensively consider factors such as down payment ratio, loan interest rate, and monthly payment affordability. At the same time, we must continue to pay attention to changes in free trade port policies, which may affect the long-term trend of Hainan's real estate market.
check the details
check the details
en
