The house price is often directly proportional to the residential factors such as the location of the house, the quality of the building, the greening and environment of the community, the strength and brand of the developer, the management of the property and the matching of the service functions of the community. The borrower shall determine the housing suitable for him according to his own convenience in work and life, income and expenditure, etc. The purchase price of provident fund loan refers to the purchase price signed by the buyer and the seller and approved by the real estate management department.
The contract price of commercial housing (or real estate) shall be verified by the door.
The down payment ratio of housing provident fund loan refers to the ratio of the house purchase price paid by the buyer to the seller in advance to the total house price. The down payment for the house purchase is needed by the family, and the gap can be applied for a loan to complete the full purchase. Under normal circumstances, deducting the down payment from the house price is equal to the loan amount. If the down payment ratio is higher, the threshold of housing loan will be higher. At present, the down payment ratio of provident fund loans in our city is 30% for existing houses and mortgaged commercial houses, and 40% for second-hand houses.
Explanation of down payment ratio of housing provident fund loan for house purchase
Take the loan of 500,000 15 years as an example. The down payment is 20% and the interest rate is 6. 12%, which is 23,572.43 yuan more than the interest rate of 5.5 1%. When the down payment is 30%, the increase is 20625.87 yuan, that is, when the down payment is determined, the increase brought by interest rate is inversely proportional to the down payment. The higher the down payment ratio of provident fund loans to buy a house, the smaller the interest increase after the interest rate is raised. Therefore, buyers may wish to consider increasing the down payment ratio and reducing costs. Moreover, if the down payment is increased, it can also reduce the monthly payment burden for buyers: assuming the interest rate is 5.5 1%, the down payment of 30% will reduce the purchase expenditure by 73,585 yuan compared with the down payment of 20%, and the monthly repayment amount will be reduced by 408.5438+0 yuan; The interest rate is
6. 12%, the down payment of 30% is 7653 1.84 yuan less than the down payment of 20%, and the monthly repayment amount is 425. 17 yuan less.
Tips for housing provident fund loan to buy a house
1, housing provident fund loan down payment description: provident fund cannot be directly used as down payment for buying a house. Citizens need to pay the down payment first, and then go to the housing provident fund management center to withdraw the storage balance in their own provident fund.
2. The maximum loanable amount of the housing provident fund loan is calculated according to the balance of the housing provident fund account:
The calculation formula is: (balance of provident fund account+monthly contribution of provident fund ×2× to statutory retirement months) ×2.
3, the housing provident fund loan amount is calculated according to the maximum loan amount:
If one person applies for a housing provident fund loan, the maximum loan amount is 500,000 yuan, and if two or more people purchase the same house and apply for a housing provident fund loan, the maximum loan amount is 800,000 yuan.
4. The total withdrawal of housing provident fund cannot exceed the total purchase price. For example, a house bought by a citizen with a loan costs 200,000 yuan, and only 200,000 yuan can be withdrawn from the provident fund.
5. After the housing provident fund loan is settled, you can use the provident fund to buy a house. Whether before marriage or after marriage, one of the husband and wife has applied for provident fund loans, which will be recorded in the system. If the provident fund loan for the first suite has been settled, it is still regarded as the first time for both husband and wife to buy a house with the provident fund loan.