It is understood that the loan amount of 700,000 yuan depends on the borrower's loan term, loan interest rate and repayment method. Under normal circumstances, the bank running water provided by the borrower needs to be more than twice the borrower's monthly payment. At the same time, the loan amount of 700,000 yuan not only needs to provide bank running water, but usually the lending institution also requires the borrower to provide collateral. The assessed value of collateral is at least higher than the loan amount. The specific provisions of various lending institutions on bank flow are different, and the actual provisions of lending institutions shall prevail.

Bank flow refers to the deposit and withdrawal transaction records of bank current accounts (including current passbook and bank card). According to the nature of the account, it is divided into personal running water and enterprise running water. Bank running water is a kind of proof material to prove the income of individuals or companies, and it is also a necessary material to apply for loans from banks. In addition, you can also query the bank flow in the following ways: 1. For users who have already started online banking, they can log in to online banking for inquiry. 2. For customers who have already started mobile online banking, they can also log in to the mobile terminal for inquiry.

What are the conditions for a bank loan of 700,000 yuan?

Have a fixed residence where the bank loan is located, and need proof of residence. The age limit is under 65 years old, including 65 years old. Have a proper job and be sure to pay it back. Credit investigation should have a good credit value and no bad credit record. Of course, there are other loan conditions that need to meet the requirements of banks.

How much do you need to borrow from the provident fund?

The provident fund is 35,000 yuan, and you can borrow 700,000 yuan in Wuhan. The specific reasons are as follows:

First, the amount of provident fund loans is mainly affected by these three factors, namely, the monthly deposit amount, the deposit balance of individual provident fund accounts, and the deposit time coefficient.

Second, there are two formulas for calculating the provident fund. 1. According to repayment ability: loan amount = (the sum of the borrower's monthly provident fund contribution/the contribution ratio of units and individuals; Monthly contribution of spouse's provident fund/sum of contribution ratio of unit and individual) × 35 %× 12 months× loan period; 2. According to the deposit balance: loan amount = (the balance between the borrower's provident fund deposit and the spouse's provident fund deposit) ×20 times× deposit time coefficient. Provident fund deposit account must be a normal deposit account.

Thirdly, the above formula can be used to calculate the result, but it is not absolute, depending on the actual situation.

Extended data:

What is the general amount of provident fund loans in 2022?

According to the regulations, the amount of provident fund loans is the minimum of the following three calculations:

1. The loan amount is determined according to the borrower's repayment ability. The calculation formula is: the amount of housing provident fund paid by the borrower per month ÷ the proportion of housing provident fund paid by the borrower × individual repayment ability coefficient (currently 0.45)× 12 (month )× actual loanable years. If both husband and wife have paid the provident fund and borrowed jointly, the loan amount shall be the sum of the loan amounts calculated by both husband and wife.

2, the provisions of the maximum amount of personal loans. At present, the maximum loan for employees who pay housing provident fund is 300,000 yuan; For employees whose husband and wife both pay housing provident fund, the maximum loan amount is 600,000 yuan.

3. The maximum loan amount for the purchase of commercial housing shall not exceed 80% of the total purchase price; For the purchase of second-hand houses, the loan amount shall not exceed 70% of the total purchase price.

This concludes the introduction of the conditions of the 700,000 loan and the interest required for the 700,000 loan. I wonder if you have found the information you need?