According to the regulations of Taizhou, a person can borrow up to 300,000 provident fund loans. Specific calculation method:
Three. Term and amount of loan
(1) Loan amount
The amount of each provident fund loan shall reach the following limits:
1, not higher than the corresponding proportion of the total purchase price. Among them, the loan amount for the purchase of commercial housing, affordable housing and second-hand housing shall not exceed 70% of the total purchase price, and for the construction, renovation and overhaul of housing, the loan amount shall not exceed 60% of the cost of construction, renovation and overhaul of housing; The amount of the second set of housing loans shall not exceed 40% of the purchase price;
2. The sum of the monthly contributions of the borrower and spouse's provident fund × the prescribed coefficient (2)× the number of loanable months;
3, commercial housing mortgage loans to housing provident fund loans, the loan amount does not exceed the balance of commercial loan repayment;
4. The maximum loan amount for both husband and wife to deposit the housing provident fund normally is 500,000 yuan (if the borrower's spouse deposits the housing provident fund in other counties and cities in Taizhou, the proof of the deposit of the provident fund in the place where the spouse deposited it must be provided), and the maximum loan amount for unilateral deposit of the housing provident fund is 300,000 yuan.
(2) loan term
The maximum term of a single loan is 30 years, not exceeding the statutory retirement age of 5 years.
How much the specific provident fund can borrow depends on your provident fund balance and loan life, even if it is 300,000.
Portfolio loan, accumulation fund of 300,000 yuan and commercial loan of 540,000 yuan.
The total loan amount is 840,000.00 yuan.
Repayment months: 360 months
The monthly repayment amount is RMB 49,565,438 +0.00.
A total of 942,359.69 yuan of interest was paid.
The total principal and interest is 65,438+0,782,359.69 yuan.
You need a monthly personal income of more than 654.38 million yuan; Otherwise, it is necessary to increase the down payment and reduce the loan amount.