1. How to calculate a provident fund loan 1. The formula for calculating a provident fund loan based on the loan repayment ability is: loan amount (total monthly salary of the borrower or both spouses, monthly housing provident fund payment amount of the unit where the borrower or both spouses work) × loan repayment ability
Coefficient 40% - monthly loan repayment amount of the existing loan of the borrower or the couple] × 12 (months) × loan term.
2. The formula for calculating provident fund loans based on house prices is: loan amount house price × loan ratio.
The loan ratio is determined according to different types.
2. How to calculate the interest on provident fund?
The calculation method for the number of interest-bearing days of the employee housing provident fund: calculated based on the actual number of days each year; the calculation method for the interest calculation of the employee housing provident fund: the accumulation method, and the account balance is accumulated based on the number of interest-bearing days.
The accumulation interest calculation method is a method in which the account balance is accumulated daily based on the actual number of days, and interest is calculated by multiplying the accumulated accumulation number by the daily interest rate.
Among them, the accumulated interest accrual amount = the total daily balance of the account.
The interest calculation formula of the accumulation interest calculation method is: interest = accumulated interest accumulation number × daily interest rate.
It can be seen that interest on provident funds is calculated on a daily basis. If the provident fund is partially withdrawn midway, interest will be calculated on the withdrawn portion based on the actual number of days before withdrawal.
According to the relevant provisions of Article 21 of the "Regulations on the Administration of Housing Provident Funds", interest on the housing provident fund shall be calculated at the interest rate prescribed by the state from the date it is deposited into the employee's housing provident fund account.
In addition, June 30th every year is the interest settlement date of provident fund. Provident fund users can pay attention to it then.
However, although the provident fund has interest, its interest is relatively low.
It is worth noting that many people want to withdraw their provident funds when they have financial difficulties, but many people do not recommend withdrawing the money. The reason is that if you withdraw the money, the subsequent loan limit will be affected.
How much is the interest rate for provident fund of 70,000 yuan? The interest rate for provident fund settlement is based on the one-year lump sum time deposit benchmark rate listed by the People's Bank of China on the day of interest settlement. Taking 1.5% as an example: the interest rate for 70,000 provident fund fund is 1,050 yuan.
Introduction to provident fund interest settlement: The provident fund interest settlement is divided into two parts. One part is the part of the balance carried forward from the previous year, which is settled regularly by the bank in three months; the other part is the part of the monthly deposit of this year, which is settled according to the bank's current interest.
, it will be rolled into the balance at the end of this year. If a withdrawal occurs, the previous part will generally be withdrawn. If there is an interest rate adjustment, the provident fund interest rate will be adjusted simultaneously.
The calculation method of provident fund loan interest is related to the repayment method. The specific calculation formula of interest is as follows: 1. Equivalent principal: total interest = (total loan amount ÷ total loan amount × monthly interest rate) total loan amount ÷ monthly interest rate
Number of repayment months × (1-month interest rate)〕÷2×number of repayment months-total loan amount; 2. Equal principal and interest: Monthly repayment interest = loan principal × monthly interest rate × [(1-month interest rate)^ repayment
Number of months - (1 month interest rate)^ (repayment month serial number - 1)] ÷ [(1 month interest rate) ^ number of repayment months - 1], total interest = number of repayment months × monthly payment - loan principal.
3. How to calculate provident fund loan repayments and how to calculate deductions for provident fund loan repayments?
Provident fund repayments can be deducted by yourself. As long as the balance in the account is sufficient, it can be deducted every month.
It can be divided into repaying the principal of the provident fund in advance once a year, and repaying the amount of the provident fund and its interest every month.
1: Repay the provident fund loan applicant and spouse according to the actual contribution ratio ÷ actual contribution ratio × 12 (month) × 0.45 (repayment ability coefficient) × provident fund loan term (most provident fund loan repayment method 2. According to repayment
Loan ability to repay the provident fund loan Total repayment amount of the housing provident fund of the borrower's unit) × loan repayment ability coefficient - total monthly repayment of the borrower's existing loan}
: {(Total monthly salary of both spouses, housing loan capacity coefficient of the unit where both spouses work - total monthly repayment of existing loans of both spouses) × loan period (months) Provident Fund loan repayment, in which the loan repayment capacity coefficient is 40% ÷ (unit.
Provident fund loan repayment method three: Provident fund loan repayment formula: Provident fund loan amount Provident fund loan repayment method four: What are the advantages of housing provident fund repayment based on account balance? 1. Housing provident fund can
The loan amount is large, which can reduce our down payment pressure, which is generally % for commercial loans, so the down payment pressure for buying a house is still quite large. 2. Provident fund loans take a long time, and the amount that needs to be repaid each month is relatively small, while commercial loans are very difficult for us.
The loan repayment time is limited to 0 years, but the provident fund can reach 30 years, and the monthly pressure is not great.