1. What is the amount of the provident fund loan of CITIC Bank?
CITIC Bank's provident fund loan amount is 500,000 for individuals and 750,000 for both husband and wife. Conditions of provident fund loan: having legal and valid identity documents; The deposit status is normal, the provident fund has been paid in full for more than 6 months (inclusive) and the credit is good; Have a stable income and the ability to repay loans; It has a legal and valid purchase contract or agreement or the "Property Ownership Certificate" issued by the real estate management department; For the purchase of housing, the down payment of not less than 30% of the total price of the purchased housing has been paid; Construction, renovation and overhaul of housing, you can pay 30% of the total cost of construction, renovation and overhaul of housing upfront costs; The construction and renovation of houses shall be based on the approval documents of the planning and land management departments.
2. How to calculate the loan interest of CITIC Bank?
CITIC Bank does not charge interest or even management fees for credit card loans. But this loan is not free, because the credit card loan of CITIC Bank has a handling fee, but the handling fee rate is very low, only 0.85% per month. The calculation method of credit card loan fee of CITIC Bank is: monthly fee = total loan amount x 0.85%; Total repayment (monthly) = principal/number of installments+monthly handling fee; Total handling fee (total) = total loan amount x repayment period X0.85%. According to the monthly commission rate of 0.85%, if you borrow 10000 yuan, you can borrow it in 12 installments 10000 yuan, and the total commission is 1020 yuan, which is expected to be annualized. Compared with the expected annualized interest rate of credit card withdrawal 18%, the credit card loan interest rate of CITIC Bank is lower.
The level of bank loan interest is related to the loan interest rate of the loan. How much should I pay back every month? Is it within my own funds? Everyone should know when choosing a loan.