What is the loan interest rate for housing provident fund?

The loan interest rate for provident fund was adjusted and implemented on October 24, 215. The loan interest rate for provident fund for more than five years is 3.25%, and the monthly interest rate is 3.25%/12. The loan interest rate for provident fund for five years and less is 2.75% per year, which is the same in the whole country.

1. What is a provident fund loan

A provident fund loan refers to a loan enjoyed by employees who have paid the housing provident fund. According to national regulations, all employees who have paid housing provident fund can apply for individual housing provident fund loans according to the relevant provisions of provident fund loans. Provident fund loan refers to individual housing provident fund loan, which is a housing mortgage loan issued by the local housing provident fund management center. With the housing provident fund paid by employees who apply for provident fund loans, commercial banks are entrusted to issue loans to housing provident fund depositors who purchase, build, renovate or overhaul their own houses and retired employees who have paid housing provident fund during their employment. Workers who have paid the housing provident fund in accordance with the regulations for more than a certain period (the period varies from city to city, such as Changsha for more than 12 months) may apply for provident fund loans when the funds for house purchase, decoration and overhaul are insufficient.

ii. loan conditions

only employees who have participated in the housing provident fund system are eligible to apply for housing provident fund loans, while employees who have not participated in the housing provident fund system cannot apply for housing provident fund loans. Those who participate in the housing provident fund system must also meet the following conditions when applying for housing provident fund loans: they must pay the housing provident fund continuously for at least six months before applying for loans. Because, if the employee's behavior of paying housing provident fund is abnormal and intermittent, it means that his income is unstable and he is prone to risks after issuing loans. If one spouse applies for a housing provident fund loan, neither spouse can get a housing provident fund loan until the principal and interest of the loan are paid off. Because the housing provident fund loan is a kind of' housing security' financial support to meet the basic housing needs of workers' families. The longest term of provident fund loans shall not exceed 3 years. For portfolio loans, the loan terms of provident fund loans and commercial housing loans must be the same.

the materials to be provided for the loan include the second-generation ID card, household registration book, marriage certificate, bank account, sales contract, income certificate, etc. If the property to be traded is in Panyu District, additional bank flow is needed; Foreign household registration must provide a tax payment certificate or social security certificate for more than one year; Overdue payment, the need to provide proof of overdue payment, must be audited by the provident fund center.

what is the interest rate of the provident fund for buying a house

1. What is the interest rate of the provident fund loan for buying a house?

provident fund loans refer to loans enjoyed by employees who have paid housing provident fund. According to the state regulations, all employees who have paid housing provident fund can apply for individual housing provident fund loans according to the relevant provisions of provident fund loans. The interest rate of provident fund loans for more than five years is 3.25%, the monthly interest rate is 3.25%/12, and the interest rate of provident fund loans for less than five years is 2.75% per year, which is the same in the whole country.

second, what is the process of provident fund loans?

1. To apply for housing provident fund loan, the lender needs to submit a written application to the bank, fill in the housing provident fund loan application form and truthfully provide the required information;

2. The bank accepts and examines the loan application with complete information in time and submits it to Shanghai Provident Fund Center in time; Shanghai Provident Fund Center is responsible for approving loans and informing banks of the approval results in time;

3. The bank informs the applicant to go through the loan formalities according to the results of the examination and approval by the provident fund center. The borrower and his wife sign a loan contract and related contracts or agreements with the bank, and send the loan contract and other formalities to the provident fund center for review. After the approval by the provident fund center, the entrusted fund will be allocated, and the entrusted bank will issue the loan in full and on time according to the loan contract.

4. In case of mortgage, the borrower shall go through the mortgage registration formalities with the property right management department in the area where the house is located. The mortgage contract or agreement shall be signed by both husband and wife. If the mortgage is pledged by securities, the borrower shall hand over the securities to the management department or the Union Center for custody.

what's the interest on the provident fund loan to buy a house?

According to the interest rate table of provident fund loans of China People's Bank in 222, the interest rate of provident fund is as follows: 1. Personal housing provident fund deposits: the annual interest rate paid in the current year and carried forward in the previous year is 1.5%; 2. Personal housing provident fund loan: the annual interest rate is 2.75% for less than five years (including five years) and 3.25% for more than five years. Provident fund loan refers to personal provident fund loan, which is a mortgage loan distributed by provident fund management offices all over the country to commercial banks by applying the provident fund paid by employees who apply for personal provident fund loans to the depositors of residential provident fund who purchase, build, demolish and repair their own houses and the retired employees who pay the provident fund during their service. The above is the interest rate of housing provident fund. How can the provident fund be used to borrow money to buy a house? Users can prepare personal identity documents, provident fund co-branded cards, purchase agreements signed with real estate developers, down payment receipts, residence permits (household registration books or temporary residence permits), personal income certificates (such as bank running water and salary slips) and other relevant materials to find a staff member at the business outlets of the local provident fund management office to explicitly apply for a loan. After receiving the application form and filling it out, the user will submit the report together with relevant materials, and then it will be fine for trial. After the trial, the management office will conduct examination and approval according to the material information provided by the user, and an evaluation agency will evaluate the value of the house. When the approval is passed, the user will be notified. Users who receive the notice of approval will sign the loan contract at the business outlets within the promised time, and go to the real estate management bureau for mortgage and other related procedures, after which the bank will distribute the loan funds. Generally, it will take about two to three months from the time when the user submits the loan application to the time when the loan funds are distributed. Of course, if the bank encounters a shortage of funds and so on, it may take longer to approve and lend money.

How much is the interest on provident fund loans

Although there is no obvious upward trend in China's housing prices, there is still pressure on ordinary people, so buying a house will require loans, but the interest on ordinary commercial loans is also relatively high, and the interest on provident fund loans will be lower. What is the interest on provident fund loans in Malaysia?

1. What is the interest rate of provident fund loans

1. The interest rate of provident fund loans was adjusted on October 24, 215 and implemented at the same time. The annual interest rate of provident fund loans for more than 5 years is 3.25%, and the monthly interest rate is 3.25% divided by 12. The annual interest rate of provident fund loans for less than 5 years is 2.75%. Later, the central bank adjusted the benchmark interest rate of provident fund loans. The annual interest rate of provident fund loans for more than five years is 4%, and the annual interest rate of provident fund loans for less than five years including five years is 3.5%.

2. The calculation method of equal principal and interest repayment of provident fund loan interest is:

① Monthly payment = [monthly interest rate of loan principal (January interest rate) months of repayment]/[(January interest rate) months of repayment-1]

② Monthly interest payable of provident fund loan = monthly interest rate of loan principal [(January interest rate) months of repayment- Number of repayment months-1

③ Monthly repayable principal of provident fund loan = monthly interest rate of loan principal (January interest rate) (repayment month serial number-1)/[(January interest rate) repayment months-1]

④ Total interest = repayment months-monthly contribution-loan principal

3. The calculation of the loan amount of provident fund needs to be calculated from. The minimum value calculated by combining these four conditions is the maximum loan amount:

① loan capacity calculation: loan amount = [(total monthly salary of the borrower or spouse, monthly contribution of the housing provident fund of the borrower or spouse's unit) repayment capacity coefficient 4%- monthly repayment amount of the borrower or spouse's existing loan ]12 (month) loan period. Total monthly salary = monthly contribution of provident fund/(unit contribution ratio and individual contribution ratio)

② Housing price calculation: loan amount = housing price loan ratio.

③ calculation of the maximum loan amount: if only individuals have paid the provident fund, the maximum loan amount is 5, yuan. If you and your spouse have paid provident fund at the same time, the maximum loan amount is 7, yuan.

④ calculation of the balance of the provident fund account: the loan amount of the provident fund = the balance of the provident fund account of the borrower and the borrower 2.

xiaobian summary: the above is the article xiaobian shared for you today. I hope the article xiaobian shared can help you.

What is the interest rate of housing provident fund

What is the interest rate of housing provident fund

In p>219, there were some changes in the interest rate of issuing provident fund in various regions, mainly based on the following standards: 1. The interest rate of loans for six months is 5.6%, and the interest rate for six months to one year is 6%; 2, 1-3 years is 6.15%; 3. The annual interest rate for more than 5 years is 6.55%. The interest rate of provident fund loans is lower, so most people will use this way to borrow money.

What are the conditions for buying a house with a provident fund loan?

1. The provident fund needs to be paid continuously for one year before the loan can be made. If it does not reach one year, the loan cannot be made. Therefore, if you want to use the provident fund loan, you should calculate the time and start paying the provident fund one year in advance.

2. Secondly, it is necessary to ensure the lender's good reputation, which is the main condition of the loan. Credit status: loan, credit card, guarantee and other transaction records related to personal credit, and credit card is the most likely to affect the reputation. Therefore, when using a credit card, it is necessary to repay it in time. If it is overdue, the provident fund may be overdue when lending.

3. When using provident fund loans, buyers should also prepare the down payment funds first. At present, the down payment ratio of provident fund loans is about 3%. If the second suite needs 5% down payment, everyone should prepare the down payment before the loan.

4. Finally, to buy a house with provident fund loans, the following conditions must be met:

(1) The lender must have valid identity documents and have full capacity for civil conduct;

(2) Have a stable income and job, and be able to repay the principal and interest of the loan on time;

(3) If the house is purchased, built or renovated, the loan needs to be made within a certain period of time;

(4) If it is a third-party house recognized by the Provident Fund Center, it must be mortgaged with securities certificates;

(5) If the provident fund loan has been used, the next loan cannot be made until the loan is paid off.

xiaobian summary: the above is about the interest rate of housing provident fund. I hope it will help everyone! There are many conditions for provident fund loans, so before preparing to buy a house, we must make corresponding preparations to successfully borrow.

What is the interest rate of provident fund loans? 222

According to the interest rate table of provident fund loans of the People's Bank of China in 222, the interest rate of provident fund is:

1. Personal housing wangyuan provident fund deposit: the annual interest rate paid in the current year and carried forward from the previous year is 1.5%;

2. individual housing provident fund loan: the annual interest rate is 2.75% for less than five years (including five years) and 3.25% for more than five years.

Is the interest of the provident fund the same as the bank interest?

The money in the housing provident fund account has the same interest as the deposit, but the interest is not very high. Generally, it is settled once a year, and the interest will be settled on June 3th every year. After the settlement, the interest will be deposited in the provident fund account, and a corresponding SMS will be sent to the user to tell you how much interest the provident fund account generated in the previous year.

The money in the housing provident fund is equivalent to being deposited in the current account, which can be withdrawn or deposited. The interest will be calculated from the date when the housing provident fund paid by individuals and units is deposited in the individual housing provident fund account, and the interest will be calculated according to the savings deposit rate stipulated by the People's Bank of China before the death of the tomb. If you don't use the amount of housing provident fund for a long time, housing provident fund will generate corresponding interest like deposits.

the balance of the provident fund transferred in the current year is calculated according to the interest rate of the current savings deposit, and the balance of the housing provident fund carried forward in the previous year is calculated according to the interest rate of lump-sum deposit and withdrawal for three months. If the user withdraws part of the provident fund, it is stipulated that the balance transferred in first will be withdrawn.

the biggest function of the money in the provident fund account is not to generate interest, but to apply for loans, because the amount of provident fund loans is calculated according to the account balance. The more the account balance, the higher the loan amount can be applied for, and more interest can be saved for lenders.