How to calculate the housing loan amount
The calculation is as follows: Loan amount = [(the total monthly salary of the borrower or both spouses, the monthly payment amount of the housing provident fund of the borrower or both spouses’ unit) × The loan repayment ability coefficient is 40. The borrower or the couple's existing monthly loan repayment amount] × 12 (months) × loan term. If the provident fund loan is calculated based on the provident fund account balance, the calculation formula is: provident fund loan amount = the provident fund account balance of the borrower and the loan participant × 20.
How to calculate the housing provident fund loan amount?
1. Calculate the loan limit based on the loan repayment ability
The calculation formula is:
[(the total monthly salary of the borrower, the monthly housing provident fund payment of the borrower’s unit) Deposit amount) × repayment ability coefficient - total monthly repayment of the borrower’s existing loan] × loan term (months).
2. According to the spouse quota
[(the total monthly salary of both spouses and the monthly housing provident fund payment amount of the employer where both spouses work) × repayment ability coefficient - the couple’s existing loan monthly Total amount to be repaid] × loan term (months).
The repayment ability coefficient is 40
Total monthly salary = monthly provident fund payment ÷ (unit contribution ratio and individual contribution ratio).
3. Calculate the loan amount based on the house price
The calculation formula is: loan amount = house price × loan ratio
4. Loan calculated based on the loan limit Amount
If you use your own housing provident fund to apply for a housing provident fund loan, the maximum loan limit is 400,000 yuan; if your spouse’s housing provident fund is also used to apply for a housing provident fund loan, the maximum loan limit is 600,000 yuan. If I use my housing provident fund to apply for a housing provident fund loan, and I usually deposit supplementary housing provident fund when applying for a loan, the maximum loan limit is 500,000 yuan; at the same time, if you use your spouse’s housing provident fund to apply for a housing provident fund loan, and you or The spouse normally deposits the supplementary housing provident fund when applying for a loan, and the maximum loan amount is 700,000 yuan.
1. Personal loan limit
The personal loan limit of employees is calculated and determined based on a certain multiple of the average monthly balance of the housing provident fund account (currently in the main urban area of ??Hangzhou, Xiaoshan District, Yuhang District, The multiple of Fuyang District is determined as 15 times).
2. Average monthly balance of the account
The average monthly balance of the employee’s housing provident fund account is the average monthly balance of the employee’s housing provident fund account in the past 12 months (excluding the month of application) when the employee applies for a housing provident fund loan. The balance (excluding one-time repayment in the past 12 months), if less than 12 months, is calculated based on the actual number of months.
3. Maximum loan limit
The maximum loan limit for housing provident fund is 1 million yuan, of which the loan limit for a single paying employee shall not exceed 500,000 yuan. The calculation result of personal loan limit is rounded to the nearest thousand. If it is less than 150,000 yuan, it will be determined as 150,000 yuan, and if it is higher than 500,000 yuan, it will be determined as 500,000 yuan.
4. Specific approved amount
The specific approved loan amount is based on a comprehensive analysis of the status and price of the housing purchased by the borrower based on national personal housing loan policies and provident fund loan regulations. , the family’s credit status, repayment ability and other factors.
How is the loan limit calculated?
1. The loan limit is calculated jointly by bank auditors and the banking system.
The first step is to extract various data from the loan data submitted by the borrower, and then the bank staff will organize the data, and then the system will process the data. The result is the borrower’s loan limit.
2. Factors affecting the loan amount
1. Nature of the work unit
Compared with ordinary salarymen, state-owned enterprises and top 500 companies have higher loan amounts , because these employees have stable workplaces, lending institutions do not have to worry about them "running away".
2. Occupational nature
Generally speaking, employees in sales positions and service industries have lower loan amounts because these borrowers have unstable income and high liquidity.
3. Income situation
Lending institutions mainly review the borrower's repayment ability based on income. If the borrower's income in the past six months is stable and high, the loan amount obtained will also be high.
4. Income Proof Form
Borrowers who can provide bank wages for the last three to six months are more likely to get a loan than borrowers who pay their wages in cash.
5. Personal credit record
Borrowers who want to obtain large loans must have a good credit record. Generally speaking, borrowers with blank or "tainted" credit are not only likely to be rejected, but the loan amounts are also small.
6. Marital status
Although whether the loan application can be approved has nothing to do with whether the borrower is married, the loan amount is related to the borrower's marital status. Generally speaking, married people get higher loan amounts than single people.
7. Liability status
When applying for a loan, the lending institution will also review the borrower's debt status. If you have too much debt, the loan amount will be relatively low; if you have no debt, the loan amount you get will be relatively high.
8. Personal credit report
Personal credit report can be said to be one of the important criteria for lending institutions to consider borrowers. A good credit report is a prerequisite for obtaining preferential interest rates and larger loan amounts. Some banks will check the borrower's credit card credit records within 2 years and loan credit records within 5 years. Some banks will check the credit records for longer. Customers with good credit can often obtain larger loan amounts.
How to calculate the loan limit for buying a house
Legal analysis: Calculation of commercial loan limit: 1. The calculation of commercial loan limit is announced as: Amount = monthly salary base of the borrower’s housing provident fund × 35 × 12 (months) × loan term (years). 2. The loan limit for newly built ordinary houses is within 70% of the full purchase price; the loan limit for second-hand houses is within 60% of the purchase price and the appraised price of self-built (renovated) houses. The calculation of provident fund loan limit is determined based on four conditions: loan repayment ability, house price ratio, housing provident fund account balance and maximum loan limit.
Legal basis: Article 9 of the "Housing Provident Fund Management Regulations" The Housing Provident Fund Management Committee performs the following responsibilities in the management of housing provident funds: (1) Formulate and adjust the specific regulations of housing provident funds in accordance with relevant laws, regulations and policies management measures and supervise their implementation; (2) According to the provisions of Article 18 of these Regulations, formulate the specific payment ratio of the housing provident fund; (3) Determine the maximum loan amount of the housing provident fund; (4) Examine and approve the collection and use of the housing provident fund plan; (5) Review the housing provident fund value-added income distribution plan; (6) Examine and approve the report on the implementation of the housing provident fund collection and use plan.
How to calculate the loan amount? Self-estimation method is here!
In today's society, more and more people need to take various loans to meet their living needs. However, everyone's actual situation is different, and the loan amount they can obtain varies greatly. Many people want to know what their loan limit is before taking out a loan. Today I will introduce to you about the loan limit.
The main factors that affect the loan amount include: the borrower's repayment ability, personal credit situation, current liabilities, value of collateral, etc. In other words, the loan amount cannot be calculated accurately through simple methods.
Under normal circumstances, you can roughly estimate your loan amount based on your income and number of repayment months. The calculation formula is: 50 of monthly income × number of repayment months.
For example, if your monthly income is about 10,000 yuan and the repayment period is 60 months, then the loan amount can be roughly estimated as 50×10000×60=300000 yuan.
Because the monthly repayment includes loan interest, the loan amount you get will be less than the estimated amount, and the longer the repayment period, the greater the deviation.
If you want to get a good loan amount, you need to pay attention to many details.
For example:
1. Personal credit
Before applying for a loan, you must pay attention to protecting your personal credit, and be sure to avoid overdue credit cards or abnormalities in credit card records.
2. Current liabilities
Because financial institutions will carefully calculate everyone's actual repayment ability, existing loans have a great impact on the amount. If you can wait until the existing loan is paid off before applying for a new loan, the amount will be much higher.
3. The value of the collateral
If you are applying for a mortgage loan, the value of the collateral has a very important impact on the loan amount. Bank loan mortgage rates are generally between 60-95.
Bank personal loan limit calculation formula
Bank personal loan limit calculation formula: Loan limit = repayment ability, personal credit record, property certificate, collateral value. Since everyone's loan situation is different, the bank's personal loan limit is not a calculable value. The limit provided by each bank to borrowers is different.
The personal loan limit is mainly composed of the borrower's repayment ability, personal credit record, property certificate, and collateral value. Bank loans are divided into mortgage loans and mortgage loans. The mortgage loan amount is relatively large, and the loan amount is relatively small, and the review is stricter.
The mortgage loan amount cannot exceed 70% of the appraised value of the property. The mortgaged house must be legal. The house cannot be dilapidated, illegally built, or a house that has been included in the plan. The property cannot be in dispute. The bank will give an appraised value of the property based on the specific condition of the house.
The credit limit is not high, generally only about 100,000 yuan. The borrower needs to provide the bank with the original and copy of his/her ID card, proof of residence, household register, personal credit report, marriage certificate or fiancée certificate, bank card statement, labor contract and other materials.
No matter what kind of loan it is, personal credit record is the primary condition for bank lending. Provide a property certificate to the bank, and the bank will increase the borrower's loan limit.