Legal analysis: the money in the provident fund can be used to repay the mortgage.

There are three ways to repay the mortgage from the provident fund:

1, one-time repayment method. Withdraw the balance of provident fund from the housing provident fund account and repay the loan at one time. After repaying the loan, if there are still outstanding loans, the remaining loan principal and repayment period will be recalculated to determine the monthly repayment amount in the future;

2. Stop repaying the loan for several months. Withdraw the balance of the provident fund account and repay the loan in advance. After repaying the loan in advance, the lender may stop lending for several months. The time to stop repaying the loan is determined according to the amount of repayment in advance, but it cannot exceed 12 months. After the loan repayment period ends, the lender shall continue to repay the loan on a monthly basis. The interest owed during the suspension period is not subject to penalty interest or compound interest, and will be deducted from the monthly repayment after the suspension period. Some property buyers will repay their loans in this way when their income changes at a certain stage, such as illness, childbirth and unemployment.

3. Monthly repayment method. Withdraw the provident fund directly from the provident fund account every month to repay the loan. When the amount of housing provident fund withdrawn is insufficient, the lender shall make up the repayment amount in time.

If the repayment method of the provident fund is changed, an application for change of entrustment shall be submitted to the loan bank, and a change power of attorney for withdrawing the housing provident fund and returning the housing loan shall be signed. However, the change of the repayment method of the provident fund must be completed one year after the original entrustment or the change of entrustment. Before the loan principal and interest are settled, the purchaser can sign the Letter of Termination of Entrustment for Withdrawing Housing Provident Fund and Returning Housing Loan with the loan bank, and handle the termination of entrustment, but it is not allowed to entrust the provident fund to repay the loan again within one year.

Legal basis: Article 24 of the Regulations of People's Republic of China (PRC) Municipality on the Administration of Housing Provident Fund is under any of the following circumstances, employees may withdraw the storage balance in their housing provident fund accounts:

(a) the purchase, construction, renovation and overhaul of owner-occupied housing;

(2) retirement;

(three) completely lose the ability to work, and terminate the labor relationship with the unit;

(4) Having left the country to settle down;

(5) Repaying the principal and interest of the house purchase loan;

(six) the rent exceeds the prescribed proportion of family wage income.

In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time.

If an employee dies or is declared dead, the employee's heirs and legatees may withdraw the storage balance in the employee's housing provident fund account; If there is no heir or legatee, the storage balance in the employee housing provident fund account shall be included in the value-added income of the housing provident fund.

How to repay the provident fund and loans?

If you pay the housing provident fund continuously for more than half a year, you can use the housing provident fund to repay the housing loan. You can apply to the accounting department of the unit for withdrawal of provident fund with your ID card, household registration book, marriage certificate, purchase contract and payment. Provident funds can be used to repay loans every month. You can also withdraw the balance of the provident fund from the housing provident fund account and repay the loan at one time. Many people repay their loans in this way after retirement. You can also withdraw the balance of the provident fund account and repay the loan in advance.

Measures for the return of housing provident fund to housing loans

1. One-time repayment method.

You can withdraw the full amount from the housing provident fund account and repay the loan at one time. Most retired people will take this way to repay their mortgages. If there is still room payment after repayment with the balance of provident fund, it can be recalculated according to the remaining loan and repayment period to determine the monthly repayment amount in the future.

2. Stop lending for several months.

Withdraw the balance of the provident fund account for mortgage repayment. After repaying the loan in advance, the lender may stop lending for several months. After the repayment stop time expires, the lender needs to continue to repay on a monthly basis. The interest owed during the suspension period is not subject to penalty interest or compound interest, and will be deducted from the monthly repayment after the suspension period expires.

3. Monthly repayment method.

Withdraw the amount from the housing provident fund account on a monthly basis to repay the housing provident fund. When the balance of the housing provident fund account is insufficient, the account amount shall be replenished in time.

If you are still in the process of repayment of the provident fund, but the deposit of the provident fund is suddenly interrupted, you should pay back the unpaid provident fund in time. If the housing provident fund account needs to be transferred to a new unit, it must be completed within three months, and the original procedures should be provided to prove the job transfer.

Although the housing provident fund can help employees solve a variety of housing-related monetary needs, the balance of the housing provident fund account cannot be used to pay the down payment. Before handling the housing provident fund loan process, it is necessary to provide the management core with a down payment transfer receipt. After completing the housing provident fund loan process, you can apply to the local housing provident fund management core for withdrawing the balance in the account with certificates such as real estate license, commercial housing sales contract, mortgage contract, price contract, repayment details and ID card.

Buyers who use the housing provident fund for personal housing loans, housing portfolio loans or commercial housing loans may apply for repayment of the provident fund. The spouse and immediate family members of the purchaser can repay the loan with their own provident fund.

Housing accumulation fund is a monetized form of housing subsidies for residents by the state, which is paid by employees themselves and their work units. The core of housing provident fund management is to entrust banks with fund management and lending. Housing accumulation fund is both strange and familiar to many people. We pay the provident fund every month, but many people are still useless. From the perspective of financial management, we should not only give play to the function of repaying mortgage with provident fund, but also tap the functions of accumulation of provident fund savings and pension supplement.

Provisions on provident fund loans vary from place to place. Please consult the local provident fund management center for specific procedures.

How to repay the mortgage with the provident fund?

How to use the provident fund to repay the mortgage?

1. If you apply to repay the loan with the provident fund, you can apply directly to the loan bank and sign the Power of Attorney for Withdrawing the Housing Provident Fund and Returning the Housing Loan (hereinafter referred to as the Power of Attorney). After the loan principal and interest are settled, the power of attorney will automatically terminate. If one-time repayment is adopted or repayment is stopped for several months, a power of attorney will be signed in May 438+0-March, and the provident fund will be repaid in April-June; Sign the power of attorney in April-August, and repay the loan from the provident fund in September -65438+ 10; If the Power of Attorney is signed in September-June, 65438+February, the provident fund will be repaid in April-June of the following year. If monthly repayment is adopted, the provident fund will be repaid after 3 1 day accepted by the bank.

2, the use of housing provident fund personal housing loans, housing portfolio loans or commercial housing loans, you can apply for provident fund repayment. The spouse and immediate family members of the purchaser can repay the loan with their own provident fund.

3. If the repayment method of the provident fund is changed, an application for change of entrustment shall be submitted to the loan bank, and a letter of change of entrustment for withdrawing the housing provident fund and returning the housing loan shall be signed. However, the change of the repayment method of the provident fund must be completed one year after the original entrustment or the change of entrustment. Before the loan principal and interest are settled, the purchaser can sign the "Letter of Authorization for Withdrawing Housing Provident Fund and Returning Housing Loan" with the loan bank to terminate the entrustment, but it is not allowed to entrust the provident fund to repay the loan again within one year.

Ways to repay provident fund loans

1, one-time repayment method. Withdraw the balance of provident fund from the housing provident fund account and repay the loan at one time. Many people repay their loans in this way after retirement. After repayment, if there are still outstanding loans, the remaining loan principal and repayment period will be recalculated to determine the future monthly repayment amount.

2. Stop repaying the loan for several months. Withdraw the balance of the provident fund account and repay the loan in advance. After repaying the loan in advance, the lender may stop lending for several months. (The time to stop repayment depends on the amount of repayment in advance, but it cannot exceed 65,438+02 months. After the loan repayment period ends, the lender shall continue to repay the loan on a monthly basis. The interest owed during the suspension period is not subject to penalty interest or compound interest, and will be deducted from the monthly repayment after the suspension period. Some property buyers have changed their income at a certain stage (such as illness, childbirth, unemployment, etc.). ), and they often use this way to repay the loan.

3. Monthly repayment method. Withdraw the provident fund directly from the provident fund account every month to repay the loan. When the amount of housing provident fund withdrawn is insufficient, the lender shall make up the repayment amount in time.

Provident fund, usually refers to housing provident fund. 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, private non-enterprise units, social organizations and their employees. The housing accumulation fund system is actually a housing security system and a form of monetization of housing distribution.

Can the remaining part of the housing provident fund loan be repaid in advance?

Can the provident fund loan be repaid in advance?

Provident fund loans can be repaid in advance. However, you need to bring your own cash when you repay, and the repayment amount shall not be less than 10000 yuan each time. Please bring your ID card and loan contract to the repayment bank and sign a supplementary loan contract.

When the housing provident fund loan is finally paid off, the balance of the housing provident fund account can be used. Please bring your ID card, housing provident fund deposit card, marriage certificate and loan contract to the housing provident fund service window for transfer. After the transfer is completed, go through the settlement formalities with the loan entrusting bank.

The amount in the housing provident fund account is not enough to pay off the loan. You can carry cash or UnionPay card for transfer repayment.

Is it cost-effective to repay the provident fund loan in advance?

Is it cost-effective to repay the provident fund loan in advance? Whether the housing provident fund loan should be repaid in advance should be determined according to its own situation. If you have more spare money on hand, you can choose to repay in advance. After all, prepayment can pay a lot less interest than the original loan plan.

It is also very important that compared with the prepayment of commercial loans, there is no handling fee and penalty for prepayment of provident fund, which is equivalent to saving some extra expenses. Therefore, it is a good way to save money by using idle funds to repay the provident fund in advance.

If some property buyers have strong financial management ability, grab more money and save more money than prepayment, then prepayment is not appropriate. Therefore, whether the housing provident fund should be repaid in advance should fully consider various factors and do what we can.