The calculation formula of personal provident fund loan amount is: (monthly contribution × total months of legal retirement age) ×2. How much you can borrow from the 10 thousand provident fund depends on the loan amount of the local housing provident fund. For example; Wang, 25, retired at 65. Currently, the provident fund is being paid. The monthly deposit is 600 yuan, and the balance of provident fund is 1 000 yuan, so the maximum loan can be (60040 1 2 1 000,000) 2 = 596,000 yuan. Can't exceed the local government restrictions.

Legal basis:

"Regulations on the Administration of Housing Provident Fund" Article 16 The monthly deposit amount of employee housing provident fund is the average monthly salary of the employee in the previous year multiplied by the deposit ratio of employee housing provident fund. The monthly deposit amount of housing provident fund paid by the unit for employees is the average monthly salary of employees in the previous year multiplied by the proportion of housing provident fund paid by the unit.

"Regulations on the Management of Housing Provident Fund" Article 21 The housing provident fund shall bear interest at the interest rate stipulated by the state from the date it is deposited in the employee housing provident fund account.

What is the quota ratio of housing provident fund loans?

The loan amount shall not exceed 70% of the total price of the house purchased.

The highest proportion of the first set of housing loans for the second-hand housing provident fund is divided into three grades according to the construction completion years. If the completion period of the house is within 10 year (including 10 year), the maximum loan ratio shall not exceed 70% of the total house price;

If the house completion period is within 1 1-20 years (including 20 years), the maximum loan ratio shall not exceed 60% of the total house price; If the completion period of the house is within 2 1-30 years (including 30 years), the maximum loan ratio shall not exceed 50% of the total house price. Among them, the determination of the total housing price is based on the housing appraisal price, the actual transaction price and the lowest price in taxable value.

What is the standard of housing provident fund loan amount?

Housing provident fund has now become one of the important references for job seekers, especially those who work hard in different places. If they want to buy a house in other places, the provident fund is essential. Then, what is the standard of housing provident fund loan amount? Today, Bian Xiao will talk to you about housing provident fund.

1. What is the standard of housing provident fund loan amount?

1, according to the repayment ability: the borrower's total monthly salary, the unit housing provident fund deposit amount, the borrower's monthly repayment ability coefficient-the borrower's total monthly repayment amount and the number of loan months;

2. According to the spouse's income: the total monthly salary of both husband and wife, the coefficient of paying off the housing provident fund in the work unit of both husband and wife-the total monthly repayment amount of existing loans of both husband and wife, and the number of months of loans. Among them, the repayment ability coefficient is 40%.

3. According to the house price: loan amount = house price × loan ratio.

4. According to the maximum loan amount: if I use my housing provident fund to apply for housing provident fund loans, the maximum loan amount is 400,000 yuan; At the same time, if the spouse's housing provident fund is used to apply for housing provident fund loans, the maximum loan amount is 600,000 yuan.

Second, how to calculate the housing provident fund

1, the housing accumulation fund is not entirely borne by individuals, but is jointly paid by individuals and units. Among them, the individual deposit is the proportion of the employee's individual housing provident fund deposit to his average total salary in the previous year.

2. The proportion of the provident fund paid by the unit for employees is: the proportion of the housing provident fund paid by the unit for employees to the total average salary of employees in the previous year.

3. For employees who receive wages according to the local lower wage standard, the individual deposit part can be exempted, and the unit deposit part is still paid by the employee's unit according to the prescribed proportion.

5. The lower deposit ratio of employee housing provident fund and unit housing provident fund is 5% respectively, and the higher deposit ratio is 12%, which shall not be less than 5%.

Summary: The above is all about the standard of housing provident fund loan amount. I hope the contents of the provident fund can help everyone.