The average contribution would be 72,000 euros in France, according to the broker Finance Conseil. But in Ile-de-France where prices are also higher than average, the average contribution is 272,000 euros!
Banks generally ask for 10 and 20% personal contribution when validating a real estate loan application, even if in certain cases it remains possible to override this requirement.
Despite everything, today, the average contribution would be 72,000 euros in France, according to the broker Finance Conseil cited by BFMTV. This amount is up by 10,000 euros over one year and weighs little compared to the amount that must be held in Ile-de-France. In this region where prices are also higher than average, the average contribution would reach 272,000 euros and the households concerned are for the most part second-time buyers.
Behind Ile-de-France, it is in Auvergne-Rhne-Alpes that the contribution is highest: over 90,000 euros. Then come Brittany, Pays de la Loire and Provence-Alpes-Ctes d’Azur where we fluctuate around 85,000 euros. We fall back around 50,000 euros in New Aquitaine and Occitanie. Finally, the largest increase in contribution concerns Hauts-de-France, with an average personal contribution increasing from 31,000 to 76,000 euros in one year, the study details.
Real estate rates which are stabilizing
More broadly, this increase in contribution illustrates the difficulties encountered by households in obtaining credit even if for the first time in a long time, the month of November seems to mark a stabilization of rates. Thus, the Meilleurtaux broker reports average rates of 4.25% over 15 years, 4.35% over 20 years and 4.50% over 25 years, the longest duration. For its part, Empruntis only notes a change from 4.30% to 4.35% over the longest duration.
According to Finance Conseil, to borrow 300,000 eurosa household must now earn around 5,300 euros per month, or 1,000 euros more than barely a year ago.
Last June, the Century 21 network explained in a study that the personal contribution reached 89,000 euros for a property worth 257,490 euros, or nearly 35% of the purchase price.