Legal subjectivity:

Changzhou buyers all know that housing provident fund can be used to buy a house by loan, but what is the specific process of buying a house with housing provident fund? How to calculate the amount of housing provident fund to buy a house? Let's explain it carefully for everyone. Housing provident fund loan refers to the housing mortgage loan issued by the local housing provident fund management centers to the on-the-job employees who paid the housing provident fund and the retired employees who paid the housing provident fund during their employment. Housing accumulation fund refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions and their employees. The housing provident fund paid by employees and the housing provident fund paid for employees by the employees' units are personal savings specially used for housing consumption expenses stored by employees in accordance with regulations, which belong to individual employees. When the employee retires, the balance of principal and interest will be paid in one lump sum and returned to the employee himself. Types of 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 and so on. (Note: Not all provident fund centers provide loans of the above categories, please consult the local housing provident fund management institutions first) Features Compared with commercial housing loans, housing provident fund loans have the advantages of lower interest rates, flexible repayment methods and low down payment ratio, but the disadvantages are cumbersome procedures and long approval time. Repayment Skills Free repayment of provident fund means that when applying for housing provident fund loans to buy a house, the housing provident fund management center will give a minimum repayment amount according to the loan amount and term, and the monthly repayment amount will no longer remain the same in the future, but it can freely arrange the repayment method of monthly repayment amount according to its own income on the premise that the repayment amount is not less than the minimum repayment amount. It is worth noting that the free repayment of provident fund not only gives the borrower the greatest autonomy, but also puts forward higher requirements for the borrower in terms of technical means, risk prevention and income realization. The monthly payment is basically determined by the borrower himself, which means that the overall interest payment is also determined by the borrower himself. Generally speaking, when the provident fund loan is repaid, the less the prepayment, the more interest it pays; The more prepayments, the less interest will be paid. 1. Free repayment is "day-to-day repayment", that is, the loan date is the day of the month, and the repayment date is the day of the month. If there is no corresponding repayment date in the month, the repayment will be made on the last day of the month. For example, the loan will be released on January 31st and repaid on February 28th. 2. If the borrower accidentally loses the bank card or passbook used for repayment, then the borrower must bring the bank card or passbook of the same bank to the management department applying for loan in time to go through the change procedures. 3. After the borrower pays off all the loans, he should go to the loan management department to get the proof of paying off all the loans. Processing flow 1. Lenders need to apply for housing provident fund loans in writing at the bank, fill in the housing provident fund loan application form and truthfully provide the following information: (1) Proof of the applicant's and spouse's housing provident fund deposit; (two) the applicant and his spouse's identity certificate (referring to the resident identity card, permanent residence book and other valid residence documents), proof of marital status; (3) Proof of stable family income and other proof of creditor's rights and debts that have an impact on repayment ability; (four) the purchase of housing contracts, agreements and other valid documents; (5) The list of collateral, pledge, ownership certificate and the certificate that the person with the right to dispose of it agrees to mortgage and pledge, and the certificate of collateral valuation issued by the relevant department; (VI) The Provident Fund Center requires a third-party guarantor to provide the guarantee and pay the guarantee fee, and the borrower, the lender and the third-party guarantor * * * sign a tripartite contract. (seven) other information required by the provident fund center. 2. For the loan application with complete information, the bank will accept the examination in time and submit it to the provident fund center in time. 3, provident fund center is responsible for the approval of loans, and timely notify the bank of the approval results. 4. 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 of 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. 5. If the house is secured by mortgage, the borrower shall go through the mortgage registration formalities at the house property management department in the area where the house is located. If the mortgage contract or agreement is signed by both husband and wife and pledged by securities, the borrower shall hand over the securities to the management department or the Union Center for custody. Loan amount Most cities have stipulated the maximum amount of a single housing provident fund loan. For example, the maximum amount of a single housing provident fund loan in Chengdu is 4, yuan; The maximum amount of individual housing provident fund loans in Guangzhou is 5, yuan, and the maximum amount of housing provident fund loans in Beijing is 8, yuan, which can reach 8, * (1+3%) = 1.4 million if rated as 3A, and 92, if rated as 2A. Secondly, the maximum loan amount of housing provident fund does not exceed 7% of the total house payment; Formula of loan amount of housing provident fund: sum of individual monthly contributions of the borrower and spouse's provident fund ÷ actual contribution ratio ×12 (month )× .45 (repayment ability coefficient )× loan period (longest loanable period). If the contribution ratio of husband and wife is inconsistent, the actual contribution ratio shall be determined according to the higher one. Not higher than the loan limit determined according to the repayment ability of the loan applicant and spouse. To apply for provident fund loans, the monthly repayment/monthly income should be no more than 5% (in which: monthly repayment includes the sum of monthly repayment of existing liabilities and current liabilities). The calculation of the loan amount of the provident fund should be determined according to four conditions: repayment ability, percentage of house price, balance of housing provident fund account and maximum loan amount, and the minimum value calculated by the four conditions is the maximum loanable amount of the borrower. The calculation method is as follows: The formula for calculating the loan amount according to the repayment ability is: [(total monthly salary of the borrower+monthly contribution of the housing accumulation fund of the borrower's unit) × repayment ability coefficient-total monthly repayment of the borrower's existing loan ]× loan period (month). Where spouse's quota is used: [(total monthly salary of husband and wife+monthly contribution of housing provident fund of the unit where husband and wife work) × repayment ability coefficient-total monthly repayment amount of existing loans of husband and wife ]× loan period (month). Among them, the repayment ability coefficient is 4% of the total monthly salary = the monthly contribution of the provident fund ÷ (unit contribution ratio+individual contribution ratio). The calculation formula of the loan amount calculated according to the house price is: loan amount = house price × loan percentage, in which the loan percentage is determined according to the different types of houses purchased, built and repaired and the number of mortgage loans: a. Purchase of commercial housing, price-limited commercial housing, targeted placement of affordable housing, targeted sales of affordable housing or private housing. Workers' families (including employees, spouses and minor children, the same below) purchase the first set of housing (including commercial housing, price-limited commercial housing, targeted placement of affordable housing, targeted sales of affordable housing or private property housing) with a construction area of less than 9 square meters (including 9 square meters), they shall pay a down payment of not less than 2% of the purchased housing price, and the loan amount shall not be higher than 8% of the purchased housing price; If the construction area of the purchased house exceeds 9 square meters, a down payment of not less than 3% of the purchased house price shall be paid, and the loan amount shall not be higher than 7% of the purchased house price. If an employee purchases a second house with a family loan, he shall pay a down payment of not less than 5% of the purchased house price, and the loan amount shall not be higher than 5% of the purchased house price. Workers' family loans to buy third and above houses will suspend the issuance of personal housing provident fund loans. When purchasing private housing, if the housing price is inconsistent with the assessed price, the lower value of the two shall be taken as the approved quota. The purchase of targeted resettlement affordable housing, the loan amount should not be higher than the difference between the total price of the purchased housing and the housing compensation. B. For the purchase of existing public housing, the loan amount shall not exceed 7% of the purchased housing price; For the construction, renovation and overhaul of self-owned housing, the loan amount shall not exceed 7% of the cost required for the construction and repair of housing. If an employee applies for a housing provident fund loan according to the loan amount calculated by the balance of the housing provident fund account, the loan amount shall not be higher than 1 times the balance of the housing provident fund account when the employee applies for a loan (at the same time, applying for a provident fund loan by using the spouse's housing provident fund is the sum of the balance of the employee's and spouse's housing provident fund account), and if the balance of the housing provident fund account is less than 2,, it shall be calculated as 2,. If the loan amount calculated according to the maximum loan amount uses my housing provident fund to apply for housing provident fund loans, the maximum loan amount is 4, yuan; At the same time, if the spouse's housing provident fund is used to apply for a housing provident fund loan, the maximum loan amount is 6, yuan. If I use my housing provident fund to apply for housing provident fund loans, and I normally pay supplementary housing provident fund when applying for loans, the maximum loan amount is 5, yuan; At the same time, if the spouse's housing provident fund is used to apply for housing provident fund loans, and I or my spouse normally deposit supplementary housing provident fund when applying for loans, the maximum loan amount is 7, yuan. When applying for a loan, employees or their spouses normally pay monthly housing subsidies, with reference to the provisions on normal payment of supplementary housing provident fund. The calculated loan amount is reserved to thousands, and the number of thousands below thousands is not zero plus one. Legal objectivity:

Step 1: Apply. 1. When purchasing commercial housing and affordable housing, at the same time signing the purchase contract with the selling unit, the selling unit will receive the Approval Form for Housing Provident Fund Loan Application, fill in the form and prepare relevant materials to determine the loan amount; 2, construction, overhaul from the housing, with the approval documents of the land, planning and management departments, to Changchun City Housing Provident Fund Management Center for loan applications; 3. If you buy a private house (second-hand house) with complete property rights, you should apply to Changfang Replacement Guarantee Co., Ltd.. Step 2: Audit the house selling unit or guarantee company to 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 approval. Step 3: Sign the loan contract. After the approval of the Housing Provident Fund Management Center, notify the borrower to sign the loan contract with the bank. And handle the contract notarization, collateral insurance and other related procedures. Step 4: Guarantee 1. If the commercial house and affordable housing built by the developer who signed the Housing Provident Fund Loan Cooperation Agreement with the Center are purchased, the developer shall undertake joint and several liability guarantee for the borrower in stages before the house is formally mortgaged; 2. If you buy a second-hand house with a property right certificate and a land certificate, you should go directly to the mortgage department of the city real estate trading center for mortgage registration, and take relevant procedures to the property right registration and certification center for other house warrants; 3, the purchase of second-hand housing with property certificate, no land certificate, the guarantee company shall bear the guarantee responsibility. Step 5: After all the above procedures have been completed by the bank loan borrower, the center will issue a Decision on Granting Loan to the entrusting bank to inform the bank to lend money. Step 6: Repayment The borrower repays the bank on a monthly basis according to the monthly repayment amount stipulated in the loan contract. Conditions for applying for a housing provident fund loan 1. The lender must have a permanent residence in the city or a valid residence status; 2. Push forward from the date of application, and pay the housing provident fund in full for more than 12 months (only one person is allowed to borrow if both husband and wife pay the provident fund); 3. There are contracts (agreements) and relevant materials for purchasing houses, building houses and overhauling owner-occupied houses in accordance with the law; 4. Have a certain proportion of self-raised funds. For the purchase of commercial housing and affordable housing, the self-raised funds shall not be less than 2% of the total house price (for the purchase of second-hand houses or the construction and overhaul of houses, the self-raised funds shall not be less than 3% of the total house price); 5. Have a stable economic income and the ability to repay the principal and interest of the loan (monthly income certificate issued by the unit); 6. Agree to use the purchased house or the own house with complete property rights or the house of a third party as collateral, or use the securities recognized by the loan bank or the time deposit certificate of the bank as pledge, or provide a guarantee by a legal person, organization or a third party recognized by the loan bank.