The issue of loans in Japan is a sensitive issue, and despite recent months we have been watching a lot to buy an apartment , asking for a loan makes many words go further in Japanese he had ever heard, so it can I might have missed some details that only Ayumi understood 100%.

Many have commented that it is very difficult to give a loan to a foreigner, but this is not true, although not as easy as being Japanese. For a foreigner to get a loan must be working in Japan between 6 and 12 months (depending on the bank) at least see the bank that your salary can afford the loan without problems (between 20 and 35% of salary ) and you have saved, 20% of the value of the home you want to buy. What but that varies from a Japanese request for a loan is that a Japanese can borrow without having 20% ​​of the value of the home by simply taking 1 million yen saved to pay all fees for acquisition of a new housing. The time it takes a person working in the company also varies greatly depending on the company. In the case of Ayumi, do not put any fault when they saw working in Transcosmos, a company well known in Japan.
In the case of being married to someone of Japanese nationality, as I do , what to do also is that the Japanese person as a person requesting the loan principal for the loans is more readily available, and the foreign person is put as financial support to the Japanese person, and so the money can be achieved with the loan is greater.

Regarding interest rates, Japan has many mysteries. If a person borrows money on its own, floating rate, the interest rate is at 2.25%, but if requested by a large real estate developers can get to deduct 1.2% of the interest rate for life, so you can stay at 1.05%.
In addition to these rate plans, other plans (as in most countries) in which you choose the number of years you want to be paying fixed interest and after that time the interest becomes variable, taking a percentage increase during all the years you have the loan to fixed rate.
For example, in our case, the company that sold us the floor is a large estate, so we achieved a 1.2% discount on the interest rate for life, and we chose an interest rate fixed at 10 years, with loans of 35 years and has been the interest rate at 2.25% during the first 10 years, and past those early years will the interest rate for that time that this least 1 , 25%.
2.25% to pay the first 10 years coincides with the interest rate that is in reality now, but this has nothing to do, as this has left the 3.5% that came out really interest make it Fixed term for 10 years less the 1.25% rebate that you get the property.

Update: If you buy a resale flat by an estate, the estate must pay 5% of the value of the apartment about.
If you want to buy a new floor instead of a flat second-hand, the bank gives loan more money if second hand.

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