Legal analysis: The down payment ratio of the provident fund secondary loan is not less than 40%, and the loan interest rate is not less than 1. 1 times of the benchmark interest rate of the same grade published by the People's Bank of China. Moreover, according to the provisions of the housing purchase restriction policy, local banks have different efforts to adjust the interest rate of housing loans.

Purchase, construction and overhaul of owner-occupied housing;

Retire;

Completely lose the ability to work and terminate the labor relationship with the unit;

Settle abroad;

Repay the principal and interest of the house purchase loan; Rent exceeds the prescribed proportion of family wage income.

The provisions of the provident fund secondary loan are:

When applying for a loan, the first set of housing provident fund loans should be settled;

After the provident fund loan is paid off, it will be paid off in the current month, and the provident fund loan will be eligible in the next month;

The down payment ratio of secondary loans is generally not less than 60%;

Personal credit information has no bad credit record, stable work and income, and the ability to repay the principal and interest.

The provisions of the provident fund secondary loan are:

1. When applying for a loan, the first housing provident fund loan shall be settled;

2. If the provident fund loan has been paid off, it will be paid off in the current month, and the provident fund loan will be eligible in the next month;

Legal basis: Article 24 of the Regulations on the Management of Housing Provident Fund: In any of the following circumstances, employees may withdraw the storage balance in their housing provident fund accounts:

Purchase, construction, renovation and overhaul of owner-occupied housing;

Retired;

Completely lose the ability to work and terminate the labor relationship with the unit.

Can the provident fund be loaned for the second time?

Yes, but there are restrictions.

The provisions of the second provident fund loan are: 1. When applying for a loan, the first set of housing provident fund loans should be settled; 2. If the provident fund loan has been paid off, it will be paid off in the current month, and the provident fund loan will be eligible in the next month; 3, the second loan down payment ratio is generally not less than 60%; 4. Personal credit information has no bad credit record, stable work and income, and the ability to repay the principal and interest.

Legal basis: Article 24 of the Regulations on the Management of Housing Provident Fund in People's Republic of China (PRC) City, employees can withdraw the storage balance in their housing provident fund accounts under any of the following circumstances: (1) purchasing, building, renovating or overhauling their own houses; (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.

Housing provident fund loans can be used for the second time, provided that I or my spouse have applied for housing provident fund loans and cannot use them again until the principal and interest of the loans are paid off.

Housing provident fund loan object:

1, with valid identification;

2. Only employees who participate in the housing provident fund system are eligible to apply for housing provident fund loans. Employees who have not participated in the housing provident fund system cannot apply for housing provident fund loans.

3. If one of the husband and wife has applied for a housing provident fund loan, both husband and wife shall not obtain a housing provident fund loan again before paying off the principal and interest of the loan. Because the housing provident fund loan is a kind of "housing security" financial support to meet the basic housing needs of workers' families.

Applicants for housing provident fund loans should have self-raised funds equivalent to 20% or more of the housing purchase price (regulations vary from place to place); Applicants for housing provident fund loans should agree to apply for loan guarantees and so on. These are all needed to reduce the risk of housing provident fund loans.

How many times can the provident fund be loaned?

Provident fund loans can be borrowed twice, and provident fund loans can only be borrowed 1 time at the same time.

Generally speaking, if a family has bought two houses with provident fund, they can no longer use provident fund loans, that is, provident fund loans can only be borrowed twice at most.

Provident fund loans can only be loaned once at the same time, and can only be loaned again after repayment. Workers can apply for housing provident fund personal loans again after the first housing provident fund personal loans have been settled for 5 years. Employees who buy a third home will not accept loan applications.

Calculation of the loan amount of provident fund;

Monthly contribution amount of provident fund ÷ contribution ratio × individual repayment ability coefficient (at present, the individual repayment ability coefficient is 0.3)× 12 (month )× actual loanable period (the legal retirement age for men is 60 years, for women is 55 years, the loanable period for commercial housing is not more than 30 years, and that for second-hand housing is not more than 20 years).

The provident fund management center has certain regulations on the down payment ratio of different houses.

For example, the Beijing Provident Fund Management Center stipulates that the down payment ratio of the first suite of Beijing housing provident fund loans is generally 30%, which meets the minimum requirement (below 90 square meters) of 20%. The down payment ratio of the second suite is not less than 70%. That is, the first suite of Beijing housing provident fund can generally borrow 70%, with a maximum of 80%; The second suite can borrow up to 30%, and the third suite can stop lending.