According to national regulations, employers must pay social security for employees, that is, five insurances and one gold. Except for some small units that violate the rules and do not pay social security for employees, most migrant workers have housing accumulation funds. When buying a house, using our housing provident fund can save us a lot of interest. Then, what are the new policies and regulations for using housing provident fund loans?
1, housing provident fund loan amount
Provident fund loan amount refers to the maximum loan amount that an individual can apply for when using provident fund loans. Only employees who have permanent residence in local towns, have established the housing provident fund system for more than 2 years, and have paid the housing provident fund in accordance with the regulations can enjoy the provident fund loan when the funds for purchasing or building houses or renovating or overhauling their own houses are insufficient. The calculation of provident fund loan amount should be determined according to four conditions: repayment ability, proportion of house price, balance of housing provident fund account and maximum loan amount, and the minimum value calculated by the four conditions is the maximum loanable amount of the borrower. The calculation method of provident fund loan amount is as follows:
(1) Loan amount calculated according to repayment ability
The calculation formula is:
[(the total monthly salary of the borrower+the monthly contribution of the housing provident fund of the borrower) × repayment ability coefficient-the total monthly repayment amount of the borrower's existing loan ]× loan period (month).
(2) According to the usage of spouse
[(total monthly salary of husband and wife+monthly contribution of housing provident fund of husband and wife's work unit) × repayment ability coefficient-total monthly repayment amount of existing loans of husband and wife ]× loan term (month).
Among them, the repayment ability coefficient is 40%.
Total monthly salary = monthly contribution of provident fund ÷ (unit contribution ratio+individual contribution ratio)
(3) Loan amount calculated according to house price
The calculation formula is: loan amount = house price × loan.
Legal basis: Article 9 of the Regulations on the Administration of Housing Provident Fund.
The Housing Authority shall perform the following duties in the management of housing provident fund:
(a) according to the relevant laws, regulations and policies, formulate and adjust the specific management measures of housing provident fund, and supervise the implementation;
(two) according to the provisions of article eighteenth of this Ordinance, formulate the specific deposit ratio of housing provident fund;
(three) to determine the maximum loan amount of housing provident fund;
(four) approval of housing provident fund collection and use plan;
(five) to review and approve the report on the implementation of the plan for the collection and use of housing provident fund.