How much do I need for the down payment?
Generally speaking, it is said that you need about 30 percent of the property price as down payment.
Although there is no rule about the price of down payment, so it is up to you.
Some people buy a property without any down payment these days.
I see, so if the property price is 50000000 yen, its 30 percent will be 15000000 yen, right?
Actually, I was thinking of making a down payment for about 20000000 yen.
But I thought maybe I should keep some cash in my pocket.
If you think about buying new curtains and furniture, you want to have some cash in your hand.
Moving costs a good amount of money too.
It's meaningless to think too much about putting down more for the down payment and make your life harder.
I recommend leaving some room.
Then I will think about making it about 30 percent.
I actually already have a housing loan, but can I take out another one?
If you already have a loan, you are not eligible for many of the loans by financial institutions.
Although, there are some loans you can take out from flat 35.
In actuality, it's all up to the screening result, isn't it?
Yes, I can't say anything because it depends on the screening result.
I will look up if there is anything you are eligible for.
Yes please, because I would like to know how many loans I can take out at the same time.
Do I need a cosigner when I take out a loan?
No, most of the time you don't need a cosigner.
Although, there are some exceptions, so I think you should check with the financial institution.
I thought cosigners are always needed, but I guess that's not the case.
You are right, a lot of people think they always need a cosigner, but that's not true.
In my case, up to how much can I borrow as a housing loan?