First, how to repay the loan in advance with the housing provident fund loan is the most cost-effective

It should be said that the interest rate of the provident fund loan is not high, and now it is only a little more than 5%. If the provident fund can be used to repay the loan every month, it should be repaid; At present, 1, yuan is used for funds and bank wealth management products, and it is relatively easy to achieve an annual income of around 8%.

second, what are the general procedures for provident fund consumer loans?

Personal consumption loan of provident fund is actually a personal unsecured credit loan with provident fund as reference voucher, which can only be applied by users who have paid the provident fund. Different from the requirements of general consumer credit card loans, provident fund personal consumption loans not only meet the basic requirements, but also refer to the time and monthly deposit base of provident fund.

1. The deposit time of the provident fund must be continuous payment, which cannot be interrupted. Generally, it must be paid continuously for at least 6 months, and the specific time shall be calculated based on the loan time. For example, if the time to apply for a loan is November 6, you must start paying the provident fund on May 6.

2. The monthly deposit base of provident fund has different grades. The higher the grade, the larger the base, and the higher the assessment amount of personal consumption loan of provident fund, which is about 2 times of the deposit base.

Third, how to use the housing provident fund loan

The provident fund loan can be used when buying a house through the following processes: 1. The borrower goes to the bank to apply for a loan, fill in the application form and submit the information; 2, the bank accepted the preliminary examination, submitted to the provident fund center; 3, provident fund center for loan approval, after the approval to inform the bank of the results; 4, through the examination and approval, the bank informed the borrower to the bank loan procedures, signed a loan contract; 5. The borrower shall guarantee the loan and register the mortgage; 6. Bank lending. According to Article 26 of the Regulations of the People's Republic of China on Housing Provident Fund Management, employees who have paid housing provident fund can apply for housing provident fund loans from the housing provident fund management center when purchasing, building, renovating or overhauling their own houses. The housing provident fund management center shall, within 15 days from the date of accepting the application, make a decision on whether to grant or not to grant loans, and notify the applicant; If the loan is granted, the entrusted bank shall go through the loan formalities. The risk of housing provident fund loans shall be borne by the housing provident fund management center.

IV. How can I borrow the housing provident fund loan

The sales staff of the buyer will ask you what kind of loan to use, and then you will naturally take you to the housing provident fund loan office to go through the relevant formalities, and then provide the relevant information of the unit.