What are the advantages of provident fund loans to buy a house?

Advantages of buying a house with provident fund loans: enjoy the interest rate advantage with sufficient loan amount.

As a policy loan, the most obvious feature of housing provident fund loan is low interest rate. Judging from the current loans of more than five years, the annual interest rate of commercial loans is 5.94%, while the annual interest rate of housing provident fund loans is only 3.87%, a difference of 2.07 percentage points.

Advantage 2: the repayment method is flexible and the prepayment is convenient.

The repayment method of provident fund loans is extremely flexible. As long as the monthly repayment amount is not less than the "repayment amount", the borrower can determine the monthly repayment amount at will, which is very convenient for the borrower to arrange funds. Repay commercial loans in advance

If it is a non-one-time prepayment, the amount must be a multiple of 1 0,000 or 50,000, and the provident fund loan is not specified. As long as it is greater than the "repayment amount", it is regarded as the prepayment amount. Commercial loans are worth mentioning.

The number of prepayments is clearly defined, while provident fund loans have three prepayment opportunities every month, and lenders can even adjust their prepayment amount at any time every month.

Explain in detail the advantages of provident fund loans and the disadvantages of buying a house with provident fund loans.

Advantages of buying a house with provident fund loans: high loan ratio and long term.

General commercial loans can only reach 70%, and buyers are under great pressure to pay down. Provident fund loans can reach 80%, and buyers have little down payment pressure. The longer the term of the provident fund loan, the less the corresponding monthly repayment amount. business

The loan period of Industrial Loan can only be 25 years, and most second-hand houses can only be loaned for 20 years, which invisibly causes greater pressure on monthly supply; The loan period of provident fund can reach 30 years, and the monthly supply pressure is small.

Advantages of buying a house with provident fund loans: fewer restrictions and more choices.

Provident fund loans have flexible restrictions on housing age, while commercial loans have strict restrictions on housing age. Most banks do not lend money to houses before 1985, and the loan period is shortened with the increase of the age of the house. but

Provident fund loans have less restrictions on the age of the house, and the sum of the age of the house and the loan period can not exceed 50 years. The borrower's age plus the loan period of commercial loans must be less than 65 years old, while provident fund loans have no age limit for borrowers.

Restrict.

Explain in detail the advantages of provident fund loans and the disadvantages of buying a house with provident fund loans.

Disadvantages of provident fund loans:

Disadvantages of provident fund loans: cumbersome procedures and slow lending are the main reasons.

In view of the phenomenon that provident fund loans are repeatedly discriminated against, Wu Hao of Jia Wei Anjie said that compared with commercial loans, provident fund loans have the advantages of low interest rate and low repayment pressure of buyers, but they also have the disadvantages of cumbersome procedures and slow lending, which is the main reason why provident fund loans are "looked down upon".

Disadvantage 2 of provident fund loans: the lending of provident fund loans should be accelerated.

The time-consuming processing of provident fund loans has been criticized by people. Compared with this, the processing time of commercial loans is relatively short. Chang Qing said that the whole process of applying for commercial loans lasted about one month, saving time and effort.

One of the reasons why many salespeople recommend commercial loans. In addition, companies often need financial support from banks when developing projects. In order to maintain frequent business contacts, developers will leave "candied dates" to banks, which not only reduces

Less unnecessary troubles will make the relationship between the two sides more "intimate".

(The above answers were published on 20 15-07-08. Please refer to the current actual purchase policy. )

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