The calculation method of provident fund loan amount varies with different regional policies, but it usually involves factors such as monthly deposit amount, deposit ratio, loan period and so on. For example, in some places, the calculation formula may be the sum of the monthly contributions of borrowers and participants to the provident fund divided by the contribution ratio, multiplied by 12 months, the loan period and a fixed percentage. In addition, the loan amount usually has upper and lower limits, such as no more than 400,000, no less than 1 10,000, and no more than 80% of the total purchase price or the evaluation price of second-hand houses. How much you can borrow depends on the local housing provident fund policy and housing prices. Therefore, it is necessary to consult the local housing provident fund management department to understand the specific calculation method and policy restrictions of the housing provident fund loan amount above 1000 yuan.
Provisions on the use of housing provident fund:
1, deposit conditions: the deposit of housing provident fund usually requires the depositor to have a stable job and income at the deposit place;
2. Deposit ratio: the deposit ratio varies according to the regulations of different cities, and is usually paid by both employers and employees in a certain proportion;
3. Extraction conditions: the extraction of housing provident fund usually needs to meet the housing-related conditions such as buying a house, renting a house, and decorating;
4, loan conditions: the use of housing provident fund loans usually need to meet a certain deposit period and amount, as well as the purchase contract and other conditions;
5. Loan amount: The loan amount is usually related to the deposit amount, deposit term, house purchase price and other factors, and the specific amount needs to be determined according to local policies;
6. Loan interest rate: The loan interest rate of housing provident fund is usually lower than that of commercial loans, and the specific interest rate is set by the local housing provident fund management center.
To sum up, according to local policies and specific conditions, it is necessary to consult the local housing provident fund management department for the loan amount of housing provident fund above 1000 yuan to understand the specific calculation methods and policy 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 employees 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.