According to the repayment ability, the proportion of the house price, the balance of the housing provident fund account and the maximum loan amount, the minimum value calculated by the four conditions is the maximum loanable amount of the borrower. At the same time, relevant regulations require: 1. The loan amount shall not exceed the individual repayment ability, that is, the sum of the borrower's monthly deposit/borrower's provident fund deposit ratio+borrower's spouse's provident fund deposit ratio × 50 %× 65,438+02 (month )× loan term; 2. The purchase of the first ordinary self-occupied house shall not exceed 70% of the purchased house price (if the construction area of Xing Tao is less than 90 square meters (inclusive), it shall not exceed 80% of the purchased house price). 3. The borrower (including spouse) shall have the ability to repay the principal and interest of the loan, and the average monthly income shall not be lower than the minimum living standard for urban and rural residents in this Municipality. Term of provident fund loan: 1. The longest term of housing provident fund loans is 30 years. 2. In principle, the sum of the borrower's age and the loan application period shall not exceed 5 years after his statutory retirement age, that is, male employees can borrow until 65 years old and female employees can borrow until 60 years old.
Types of housing accumulation fund
Personal housing provident fund loan: it is a preferential housing provident fund loan used by the housing provident fund management center and entrusted by commercial banks to the depositors of housing provident fund who purchase, build, renovate and overhaul their own houses and raise funds for cooperative housing construction.
Personal housing provident fund portfolio loan: refers to that when the amount of housing provident fund loan is insufficient to pay the house purchase price, the borrower applies for housing provident fund loan, and at the same time applies for commercial personal housing loan from the entrusted bank, and the two loans together form a portfolio loan. Housing provident fund loans in portfolio loans are approved by the management center, and commercial loans are approved by the entrusted banks.
The real estate developer signs a cooperation agreement on commercial housing mortgage loan with the management center and the entrusted bank, and the real estate developer provides the borrower with a phased guarantee and deposits a deposit according to a certain proportion of the total loan. After completing the property right certificate and mortgage registration, the guarantee responsibility is terminated and the purchased house is converted into mortgage guarantee. The borrower applies for a loan from the management center. After approval, the entrusted bank signs a loan contract with the borrower and goes through the formalities of using the loan.
Personal housing provident fund replacement portfolio loan: firstly, the bank issues commercial housing loans to borrowers (employees who have paid housing provident fund) with bank funds, and then the entrusted bank applies for provident fund loans to the management center on behalf of the borrowers. The borrower's provident fund loan amount is controlled within its basic provident fund loan amount and does not exceed 70% of the commercial housing loan amount, and its basic provident fund loan period is shorter than the commercial housing loan period by more than 1 year.
First, if the housing provident fund loan is used to purchase ordinary commodity housing, price-limited commodity housing and targeted sales (resettlement) affordable housing, the general loan period shall not exceed 30 years; The purchase of private housing shall not exceed 20 years at the longest; The period of purchasing public housing property rights or building, renovating or overhauling self-owned housing shall not exceed 10 years.
Second, the loan period of housing provident fund is not only related to the object of purchase, but also related to the applicant's own age. Most places stipulate that the sum of the borrower's age and the loan period shall not exceed 5 years after the statutory retirement age. The legal retirement age is generally calculated according to the age of 55 for women and 60 for men; Unless otherwise stipulated by the state, the retirement age shall be implemented according to its provisions, but the maximum retirement age shall not exceed 65 years old.
Third, the loan period of housing provident fund is also closely related to the loan type. If the applicant's loan type is a combination loan model of "commercial bank loan+housing provident fund loan", then the loan period of both must be the same, that is to say, the loan period of housing provident fund at this time is generally not more than 20 years.
Legal basis:
Article 26 of the Regulations on the Management of Housing Provident Fund stipulates that 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 make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a 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.