Employees who have continuously paid housing provident fund in full for more than one year can apply for housing provident fund loans when purchasing, building or renovating their own houses. The deposit time of imported talents who meet the relevant policies on the introduction and management of outstanding talents at the two levels of the League, counties and cities can be appropriately shortened to half a year.

the applicant must purchase (build) self-occupied housing. The purchased (built) housing must have obtained the approval documents of the relevant departments of land, construction and planning and the pre-sale permit of commercial housing, and the main project has been completed, which does not belong to the suspended or postponed project.

the applicant and spouse have not provided guarantee for others' housing provident fund loans and have no housing provident fund loans at the time of application.

applicants are not allowed to use other properties as collateral when applying for loans. (klwpggf added: this sentence means to use the house purchased by the loan as collateral)

loan amount. The maximum loan amount for purchasing a house is 8% of the house value and does not exceed 3, yuan. The borrower's monthly repayment amount cannot exceed 5% of the family's monthly income, and the monthly repayment amount of comprehensive debt cannot exceed 55% of the family's monthly income.

loan term. The maximum period for employees to purchase owner-occupied housing loans shall not exceed 2 years. The sum of the loan term applied by the borrower and the actual age at the time of applying for the loan shall not exceed the statutory retirement age in principle.

the above is an excerpt from the regulations. Let me answer your question:

1. To apply for housing provident fund loans, you need to use the purchased property as collateral.

2. Generally, the developer (bank) will assist in the mortgage operation, and the purchaser only needs to read and sign the mortgage contract.

3. If you borrow 26, yuan for 15 years, the current interest rate of provident fund is 4.7%, and there are two repayment methods:

A. Matching principal and interest method: the monthly repayment amount is 215.66 yuan (the same every month). The total repayment principal and interest is 362,819.2 yuan, of which the interest is 12,819.2 yuan.

B, average capital method: the repayment amount in the first month is 2462.78 yuan (it will be reduced month by month later, and the repayment amount in the last month is 145.1 yuan). The total repayment principal and interest is 352,159.17 yuan, of which the interest is 92,159.17 yuan.

Compared with the above two methods, the average capital method is 1,659.86 yuan less than the matching principal and interest method.

you can choose which repayment method to adopt when the bank goes through the loan formalities.

4. If you have paid the provident fund for more than one year, you should be able to borrow 26, yuan; According to your salary income of 395 yuan/month, your monthly repayment ability is about 2 yuan, and you can barely pass the loan for 15 years. If you borrow for 18-2 years, you can definitely pass it.