1. If the borrower normally deposits the housing provident fund, the maximum amount of the provident fund renovation loan is 300,000 yuan. 2. The maximum loan amount for the renovation of housing provident fund for both borrowers and spouses is 500,000 yuan. 3. If the employee's family uses the provident fund loan to buy a house for the first time, and the area is less than 90 square meters (inclusive), the first housing certificate issued by the ownership management department shall prevail. Only the borrower meets the conditions of provident fund loan, and if the amount of provident fund decoration loan is less than 300,000 yuan according to the above provisions, it can be calculated as 300,000 yuan. Both husband and wife meet the conditions of provident fund loan, and if the amount of provident fund decoration loan is less than 500,000 yuan according to the above provisions, it can be calculated as 500,000 yuan.

How much can I borrow from the provident fund renovation loan?

The loan amount is between 1000-20000 yuan. Major commercial banks can provide decoration loans to users, usually with houses as collateral. In fact, the housing provident fund is also a provident fund that supports users to apply for decoration loans. The calculation formula of decoration loan amount is: [(the total monthly salary of the borrower and the monthly contribution of the housing accumulation fund of the borrower) × repayment ability coefficient-the total monthly repayment amount of the borrower's existing loan ]× loan period (month).

Extended data:

The full name of the provident fund is: housing provident fund. Housing accumulation fund refers to the long-term housing savings paid by state organs and institutions, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises and institutions, private non-enterprise units, social organizations and their employees.

From July 1 2065438, all housing provident fund management centers in China will handle the transfer and connection of housing provident fund in different places through the platform according to the requirements of the Operating Rules for the Transfer and Connection of Housing Provident Fund in Different Places issued by the Ministry of Housing and Urban-Rural Development. On the same day, People's Republic of China (PRC) and the Ministry of Housing and Urban-Rural Development confirmed the national housing provident fund service logo, which will be used from now on.

Housing provident fund is only established in cities and towns, and the housing provident fund system is not established in rural areas. Only on-the-job employees can establish a housing provident fund system. Unemployed urban residents and retired workers do not implement the housing provident fund system. The housing accumulation fund consists of two parts, one part is paid by the unit where the employee works, and the other part is paid by the individual employee. After the employee's individual deposit is withheld by the unit, it will be deposited into the individual account of the housing provident fund together with the unit deposit.

The long-term nature of housing provident fund deposit. Once the housing provident fund system is established, employees must be paid continuously in accordance with the regulations during their employment, and shall not be suspended or interrupted except for employees' retirement or other circumstances stipulated in the Regulations on the Administration of Housing Provident Fund. It embodies the stability, unity, standardization and compulsion of housing provident fund.

Housing provident fund is a personal housing savings fund specially used by employees for housing consumption expenditure, which has two characteristics: first, it is cumulative: that is, housing provident fund is not an integral part of employees' wages, and it is not distributed in cash, but must be deposited in a special account opened by the housing provident fund management center in the entrusted bank, and special account management is implemented.

If the spouse's quota is used, the calculation formula of the quota is: [(the total monthly salary of both husband and wife, the monthly contribution of the housing accumulation fund of both husband and wife's work units) × repayment ability coefficient-the total monthly repayment amount of existing loans of both husband and wife ]× loan period (month).

How much can I borrow for the renovation of the provident fund?

Users can't use decoration loans to repay their mortgages. The amount of decoration loan belongs to the exclusive amount, which can only be used to pay the expenses related to decoration, and users can't get cash directly to repay the mortgage. And even if the mortgage is successfully returned, because the loan funds are used illegally, it is easy to be monitored by the bank, and subsequent users may need to pay off all the decoration loans at one time.

Please use the loan funds strictly according to the purpose of the decoration loan, and users should bear the consequences of illegal use.

loan limit

Maximum loan amount of housing provident fund

1. The loan amount shall not exceed the borrower's family repayment ability within the loan period.

Loan amount = total monthly salary of the borrower and his/her spouse × repayment ability coefficient of employees × 12 (month )× loan period. The repayment ability coefficient of employees is determined according to the different loan years, which is 35% in 1 to 10 and 40% in1to 30 years. Total monthly salary = monthly contribution of individual account housing provident fund ÷ (unit contribution rate and individual contribution rate)

For example, the monthly housing provident fund deposit in the borrower's housing provident fund account is 160 yuan, the individual and unit deposit rates are 8%, and the monthly housing provident fund deposit in his spouse's housing provident fund account is 286 yuan, and the individual and unit deposit rates are 13%, so the borrower's monthly salary is160 ÷ (8% 8%.

2. The loan amount shall not exceed a certain percentage of the house price.

For the purchase of commercial housing, cooperative housing, affordable housing (housing) and self-built housing, the loan amount shall not exceed 70% of the house price or construction cost;

Now living in public housing, renovation of housing, overhaul of self-housing, the loan amount shall not exceed 50% of the housing price or housing repair costs;

The loan amount for purchasing private houses shall not exceed 70% of the appraised value and transaction price of the houses;

The loan amount for the replacement of public housing shall not exceed 50% of the compensation fee for the replacement of public housing assessed by the replacement enterprise, and if the property right of public housing is purchased at the same time, the loan amount shall not exceed 50% of the compensation fee for the replacement of public housing and the total selling price of public housing.

On March 30, 20 15, the central bank issued a notice: households with 1 apartment and outstanding mortgage apply for commercial loans to buy ordinary self-occupied houses again, and the minimum down payment ratio will be reduced to not less than 40%; Use the provident fund loan to purchase the first set of ordinary self-occupied housing, and the minimum down payment ratio is 20%; Those who own 1 apartment and have settled their mortgage will apply for provident fund loans again to buy ordinary self-occupied housing, with a minimum down payment ratio of 30%.

3, the loan amount does not exceed a certain multiple of the balance of housing provident fund deposits.

The loan amount shall not exceed 15 times of the balance of the housing provident fund paid by both husband and wife of the borrower.

How much can I borrow from the housing provident fund renovation loan?

Personal housing provident fund loan is a special housing consumption loan funded by housing provident fund and distributed to employees who have paid housing provident fund for the purchase, construction, renovation and overhaul of their own houses. Self-owned housing purchased by employees includes commodity housing, affordable housing, private housing, fund-raising housing, rebuild resettlement housing and public housing.

Loan amount:

The formula for calculating the upper limit of the loan amount of provident fund is: the monthly amount of housing provident fund paid by the loan employees ÷ the proportion of housing provident fund paid by the loan employees ×0.45× 12× the actual loanable period of the provident fund decoration loan.

1, which shall not be higher than the proportional loan limit determined according to the total house price. The proportion of the total price of commercial housing is 70%; 60% of the appraised price is the second-hand house with a construction period of less than 5 years, 55% is the second-hand house with a construction period of 6- 10, and 50% is the second-hand house with a construction period of more than 20 years.

2. It shall not be higher than the loan limit determined according to the repayment ability, and its calculation formula is: loan amount = the salary base for the borrower to calculate the monthly deposit of housing provident fund × the repayment ratio of the borrower's monthly income × 12 months× the loan period. The monthly income repayment ratio of the borrower is 50%.

3, shall not exceed 2 times the amount of housing provident fund deposit within the retirement age of the borrowing family members.

4. The maximum loan amount for commercial housing shall not exceed 250,000 yuan, and the maximum loan amount for second-hand housing shall not exceed 65,438+10,000 yuan.

5. The term of all loans shall not exceed the statutory retirement age of the borrower.

For reference only, subject to reality.

The above contents are for reference only, I hope I can help you. Thank you for your support to Kanfangwang. I wish you a happy purchase!

Can housing provident fund loans be used for decoration?

Of course.

Housing provident fund loans include: new housing loans, second-hand housing loans, self-built housing loans, housing decoration loans, commercial housing loans to provident fund loans. Therefore, housing provident fund loans can be used for decoration.

The maximum amount of personal housing provident fund loans generally does not exceed 200 thousand yuan. More than 200,000 yuan shall be examined and approved by the central loan review committee. The loan amount is generally determined by the proportion that the borrower's monthly repayment amount does not exceed 50% of his family income.

Apply for provident fund renovation loans need the following information:

1. Identity certificates of the borrower and spouse (ID card, household registration book, marriage certificate or divorce certificate, judgment, ruling, unmarried or divorce certificate issued by the unit, etc.). ).

2. Proof of stable economic income (proof of unit wage income, etc.). ).

3. Housing provident fund deposit certificate.

4. The purchase contract and agreement signed with the selling unit (self-built housing needs to be approved by the land planning department).

5. My spouse and I fill out the loan application approval form.

6. Receipt of house payment (down payment) of not less than 20% of the total house payment (proof of self-financing of not less than 30% of the total house payment is required for purchasing private houses, building and overhauling self-occupied houses).

7. List of pledge rights and ownership certificate issued by the borrower (or written commitment issued by the guarantor agreeing to provide guarantee).

Extended data:

Provident fund loan application process

First, submit an application.

Self-built or overhauled housing, with the approval documents of land and planning management departments, apply for loans to the housing provident fund management center.

Two. Audit of banks or financial institutions

The unit or guarantee company will submit the borrower's information together with the purchase contract, down payment receipt and other materials to the Municipal Housing Provident Fund Management Center for review.

Third, sign a decoration loan contract.

After the examination and approval of the housing provident fund management center, notify the borrower to sign a loan contract with the bank. And handle the contract notarization, collateral insurance and other related procedures.

Fourth, find security.

Five, after approval, bank loans.

After the borrower has gone through all the above procedures, the Center will issue a "Decision on Granting Lending" to the entrusting bank to inform the bank to lend.

Sixth, pay back later.