Housing accumulation fund is the accumulation fund extracted by enterprises according to the prescribed sources, which has a specific purpose and is specially used for employee housing. Housing accumulation fund is a fund that the state requires enterprises to establish in order to ensure and promote the smooth progress of housing system reform, realize housing commercialization and speed up housing construction.
The repayment period of housing provident fund is generally more than one year, and it becomes the long-term debt of the enterprise before settlement. The main sources of enterprise housing liquidity are: housing depreciation, public housing provident fund, borrowed housing provident fund and housing liquidity.
Extended data:
There are three misunderstandings in using housing provident fund to buy a house:
Misunderstanding 1
If citizens want to buy a house through the housing provident fund loan, they need to spend first and then withdraw, that is, pay the down payment first, and then bring their ID card, household registration book, marriage certificate and other supporting materials to the local housing provident fund management center to withdraw the storage balance in their own provident fund.
Misunderstanding 2
The total amount of provident fund withdrawal cannot exceed the total amount of house purchase. For example, a citizen can only withdraw 300,000 yuan from the provident fund, and the remaining 6,543,800 yuan cannot be withdrawn.
Misunderstanding 3
Bank financial experts explained that whether before or after marriage, one of the husband and wife applied for provident fund loans, and there will be corresponding records in the provident fund center system. Before the last loan is paid off, both husband and wife can no longer use the provident fund loan to buy a second suite. However, the first home provident fund loan has been settled, and if the husband and wife use the provident fund loan to buy a house again, it is still regarded as the first home and is not restricted by the second home policy.
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