How to withdraw the provident fund to repay the mortgage? Housing provident fund is compulsory to pay according to the requirements of the state. Its function is to increase the company's capital and consolidate the company's property base. It is also an employee benefit. How to withdraw the following provident fund to repay the mortgage?

How to withdraw the provident fund to repay the mortgage 1 If you want to withdraw the provident fund to repay the mortgage, customers can go to the local housing provident fund management center to handle the provident fund hedging loan repayment business. After the business is completed, the bank will deduct the corresponding amount from the customer's provident fund account to repay the principal and interest of the mortgage.

There are two ways for customers to choose. One is "monthly deduction", that is, deducting money from the provident fund account at a fixed time every month to repay the mortgage principal and interest of the month; One is "yearly", that is, the corresponding balance in the provident fund account is deducted once a year to offset the principal payable.

Everyone needs to pay attention. In fact, customers can apply for a mortgage and sign a loan contract while handling the provident fund hedging loan repayment business. However, after the customer has completed the mortgage, he will generally use his own funds to repay the loan in the first month, and the provident fund will generally hedge the loan repayment from the next month.

If the balance in the provident fund account is insufficient, the bank will deduct the corresponding funds from the bound repayment bank card for mortgage repayment.

How to withdraw housing provident fund to repay mortgage

If the employee withdraws the balance stored in the housing provident fund account, it shall be verified by the unit where he works and a certificate of withdrawal shall be issued. Apply to the housing provident fund management department for the withdrawal of housing provident fund with the withdrawal certificate. The housing provident fund management institution shall, within 3 days from the date of accepting the application, make a decision on whether to approve the withdrawal, and notify the applicant; If the withdrawal is approved, the entrusted bank shall go through the payment procedures.

Workers who have paid housing provident fund can apply for housing provident fund loans to the housing provident fund management department when purchasing, building, renovating or overhauling their own houses. The housing provident fund management department 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.

How to withdraw the provident fund and repay the mortgage II. The process of buying a house with provident fund loans.

Consumption in advance, as a heat flow, keeps pouring into our lives, which has helped us to improve our living standards and made outstanding contributions to buying a house. Then how can I buy a house with a provident fund loan? Next, it introduces several processes:

1. Submit application:

The borrower applies to the housing fund management (sub-) center where the unit pays the housing provident fund, introduces himself and receives the materials.

2, the loan trial:

Prepare complete written materials and submit them to the housing fund management (sub-) center for review, including verifying the loan application form, whether the house purchase behavior is legal, verifying the loan amount and term, and determining the loan guarantee method, etc. Loans that need to be evaluated are evaluated by designated evaluation agencies.

3. Qualified in the first instance:

The housing fund management center issued a notice of investigation, and the entrusted bank investigated the borrower and instructed the borrower to fill in the relevant loan contract. The contents of the inspection include: verifying whether the person with guaranteed income and the guarantor are qualified to guarantee.

4. Subject to the investigation of the entrusted bank:

The entrusted bank shall issue an investigation opinion and submit it to the housing provident fund management department (sub-center), which shall examine and approve it, and the housing provident fund management center shall issue the Notice of Investigation on Entrusted Loans Guaranteed by Housing Provident Fund.

5. Approved:

Housing provident fund management (sub) center issued a notice of entrusted loans. The bank informs the borrower to go through the loan formalities.

6. Guarantee procedures:

The applicant holds the "Notice of Investigation on Entrusted Loan Guaranteed by Housing Provident Fund Management Center" and goes through the guarantee formalities according to the "guarantee method" he chooses. If mortgage+guarantee is selected, the guarantor shall issue a written guarantee; If you choose mortgage+insurance or third-party guarantee, you need to apply for insurance in an insurance company or go through the formalities of entrusted guarantee in a guarantee institution.

7. Transfer procedures:

The applicant holds the guarantee mortgage contract and other materials, and goes to the real estate management office for mortgage registration; Hold the registered mortgage contract and notarial certificate to the housing fund management center to receive the transfer notice, and finally hold the transfer notice to the designated bank for transfer procedures. The borrower shall repay the loan on time in the prescribed way.

Need special reminder:

When buying a house, the borrower can know the loan amount and monthly repayment amount by going to the bank to calculate according to his own provident fund payment. According to the relevant provisions of provident fund management, it is withdrawn once a year. Suppose the customer withdraws the provident fund once a year 15000 yuan, the monthly repayment amount of provident fund loans is 1500 yuan, and the repayment amount of commercial loans is 1000 yuan. In terms of repayment method, you can choose the "balance loan cancellation method", that is, the extracted provident fund will first return the housing provident fund loan and the principal and interest of the current month's commercial loan (* * * is 2500 yuan). The balance 12500 yuan can be used to repay the principal of the housing commercial loan in one lump sum. After paying off the housing commercial loan principal, use the remaining balance to repay the provident fund loan principal, because the commercial loan interest rate is higher than the provident fund loan interest rate.

After "repaying the loan", the borrower can choose to shorten the original repayment period, or keep the repayment period unchanged and reduce the monthly repayment amount. However, at present, commercial banks have certain restrictions on the number of prepayments for customers. If the customer chooses the repayment method of "matching principal and interest" and the monthly repayment amount remains unchanged at 2,500 yuan, the withdrawn provident fund15,000 yuan will be deducted continuously at 2,500 yuan per month according to the original deduction method. When the balance is insufficient, the borrower shall timely inject the full amount into the bank card for repayment. Customers can choose the above two repayment methods according to their actual situation.

Provident fund loan conditions

It is also conditional to want to spend in advance. For the conditions of provident fund loans, we must first know what are the conditions for applying for provident fund loans. On this basis, what are the conditions for us to use the provident fund for mortgage loans? This will now be explained one by one.

Conditions for applying for provident fund loans

1, employees who have participated in the payment of housing provident fund and paid it continuously.

2. There is a certificate of the borrower's fixed economic income issued by the employer.

3. Each household can only enjoy this loan once.

5. There is a purchase contract or agreement that conforms to the law.

7, with the city's urban permanent residence or valid residence status.

The housing accumulation fund system is actually a housing security system and a form of monetization of housing distribution. The housing accumulation fund paid by the unit for employees is an integral part of employees' wages. It is the unit's obligation to pay the housing provident fund for employees, and it is the legal right of employees to enjoy the housing provident fund policy. Some units have not established a housing accumulation fund system for employees, which infringes on the legitimate rights that employees should enjoy. The conditions for applying for mortgage with provident fund are:

1. The lender must have permanent residence or valid residence status in this city.

2. Push forward from the date of application, and pay the housing provident fund in full for more than 2 months (if both husband and wife pay the provident fund, only one person is allowed to borrow).

3. There are contracts (agreements) and related materials for purchasing houses, building houses and overhauling self-occupied houses according to law.

5 have a stable economic income and the ability to repay the principal and interest of the loan (monthly income certificate issued by the unit).

6. Agree to use the purchased house or the house with complete property rights or the house of a third party as collateral, or use securities or bank time deposit certificates recognized by the loan bank as collateral, or provide guarantees by legal persons, organizations or third parties recognized by the loan bank.

Now, more and more buyers use provident fund loans to buy houses. According to the regulations, all employees who deposit provident fund loans have the right to apply for provident fund loans.

Housing provident fund loan interest rate

According to the Notice of the People's Bank of China on Lowering the benchmark interest rate of RMB deposits and loans of financial institutions and adjusting the floating range of deposit and loan interest rates (Yinfa [20 12] 142No.), the current provident fund loan interest rate was adjusted and implemented on July 6, 20 12, with the interest rate of provident fund loans for more than five years being 4.50% and the monthly interest rate being 4.50%.

The interest rate of provident fund loans for less than five years (including five years) will be lowered to 4%, and the interest rate of provident fund loans for more than five years will be lowered to 4.5%. These two interest rate cuts have great benefits for those who have rigid demand for loans to buy a house, greatly reducing the cost of buying a house and the pressure of repaying loans. The following is to introduce the calculation methods and methods of provident fund loans for everyone.

The calculation of provident fund loan should be determined according to four conditions: repayment ability, proportion of house price, balance of housing provident fund account and maximum loan amount, among which the minimum value calculated by the four conditions is the maximum loanable amount of the lender.

1. The calculation formula of provident fund loan based on repayment ability is: loan amount = (total monthly salary of the borrower or husband and wife+monthly deposit of housing provident fund of the unit where the borrower or husband and wife work) × repayment ability coefficient 40%- monthly repayment amount of the existing loan of the borrower or husband and wife × 12 (month )× loan term. The total monthly salary = the monthly contribution of the provident fund/(unit contribution ratio+individual contribution ratio).

3. According to the maximum loan amount, if I use the housing provident fund to apply for a loan provident fund loan and meet the application conditions, the maximum loan amount is 500,000 yuan; At the same time, if the spouse's housing provident fund is used to apply for a loan and the loan application conditions are met, the maximum loan amount is 700,000 yuan.

4. The calculation formula of the provident fund loan based on the balance of the provident fund account is: the amount of the provident fund loan = the borrower and the borrower's provident fund account balance ×20.

How to withdraw the provident fund and repay the mortgage? How many grades is the provident fund divided into?

(1) deposit ratio

The lower limit of the contribution ratio of unit and individual housing provident fund is 5%, and the upper limit is 12%. The specific deposit ratio is chosen by the units and individuals themselves. In principle, only one unit can be selected for the same unit, and the individual deposit ratio should be equal to or higher than the unit deposit ratio. The deposit ratio is an integer multiple of 1%.

(2) Deposit base

The deposit base of employees' individual housing provident fund is adjusted to the average monthly salary of employees for 20 17 years. Wages are calculated according to the provisions of the National Bureau of Statistics on the composition of total wages (No.[1990] 1).

Employees who join the work after June 18+10/day will start to pay the housing provident fund from the second month of joining the work, and the salary of the second month of joining the work will be used as the payment base. Employees newly transferred after the date of 20 1 8 65438+1October1will pay the housing provident fund from the month of transfer, with the salary of the month of transfer as the payment base.

The deposit base is not less than the current minimum wage standard of this Municipality 1.895 yuan (adjusted according to the relevant regulations of Guangdong Province), and it is not more than three times the average monthly salary of employees in non-private units in cities and towns in this Municipality, that is, 24,654 yuan.

If the employee's deposit base is equal to the current minimum wage standard in this Municipality, the unit shall deposit the housing provident fund for the employee in accordance with the regulations, and the individual deposit part may be exempted with the consent of the employee.

(three) reduce the deposit ratio or holdover.

Units with real difficulties in paying housing provident fund can apply to our center to reduce the deposit ratio (less than 5%) or holdover, and then increase the deposit ratio or pay holdover after the economic benefits of the unit improve.