According to a survey by a private think tank, more than 60% of people in their 20s and 30s took out a mortgage with a down payment of 10% or less when they purchased their own home.
In March, the Sumitomo Mitsui Trust / Asset Mirai Research Institute conducted a questionnaire survey on housing and asset formation on the Internet, and received responses from more than 10,000 men and women aged 20 to 64 nationwide.
According to this, when asked about the percentage of down payment when purchasing a home, 61% of those in their 20s were under 10%, and 67% were under 10% in their 30s.
As a guideline for down payment, 20% to 30% has been generally accepted, but due to the fact that interest rates on mortgages continue to be low and the deadline for special measures for mortgage tax reduction has been extended. Think tanks see that more and more people are buying without a sufficient down payment.
On the other hand, if the down payment ratio is low, the monthly repayment amount will increase, which will increase the burden, and depending on the financial institution, the borrowing interest rate may increase.
Mie Ido, a financial planner who is familiar with household issues, said, "Since mortgages will be repaid for a long time, I would like you to carefully consider how much taxes and education costs will be incurred and how long you will work." I am.