The longest loan period of the provident fund is 30 years (360 months), with a loan of 500,000 yuan, and the average monthly allocated principal is 1, 388.89 yuan. The interest on provident fund loans is very low, and the actual monthly repayment amount is about 1600 yuan.
Corporal is a junior (first class) petty officer. Generally, the actual salary of a corporal in the first year is about 2000 yuan (depending on the position and technical level), and he is promoted to sergeant in the second year, and the total salary rises to about 2500 yuan. After the staff sergeant arrived, the actual figure was more than 3 100 yuan. The above monthly income does not include food subsidies.
Corporal's housing provident fund standard is about to deduct 300 yuan every month, and the actual amount paid into the provident fund account is 600 yuan.
When reviewing the loan amount of housing provident fund, the risk will be controlled according to the repayment amount not exceeding 50% of monthly income. Corporal soldiers are basically unmarried, and the total income of husband and wife is not referenced. Only one person's income, loan of 500,000 yuan and monthly repayment amount exceed the risk control standard of the housing provident fund management center, and they will think that the risk is great and will not approve it.
Article 26 of the Regulations on the Management of Housing Provident Fund: 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.