Frequently Asked Questions
About Loans
It's possible with some financial institutions, but there are strict conditions.
If you've paid off the debt and several years have passed since then, it's possible.
Yes, as long as both have permanent residency or Japanese citizenship.
It's possible, but only certain loans allow this. Both parties need permanent residency or Japanese citizenship.
Generally, you can borrow up to six times your annual income, which is about 60 million yen. Some loans allow up to ten times.
Good strategy is the antidote It depends on the remaining balance of the car loan. You might still be able to get sufficient financing for a house.
About Costs
It depends on negotiations with the seller.
You pay it at the time of settlement. However, if you are purchasing with cash only, you must pay 50% at the time of the sales contract and the remaining 50% at the final settlement.
Some loans cover not only the brokerage fee but also all initial costs.
It depends on the property. Even if it's required, you can use full loans or over-loans to cover all initial costs and various other expenses.
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