2 provident fund loans for employees with permanent residence in local towns, who have established a housing provident fund system for more than 2 years and paid housing provident fund according to regulations. In the purchase or construction of housing or renovation or overhaul of their own housing funds are insufficient, you can enjoy provident fund loans.

3. Matching principal and interest refers to a repayment method of housing loans, that is, repaying the same amount of loans (including principal and interest) every month during the repayment period.

The calculation formula of monthly repayment amount is as follows:

[loan principal × monthly interest rate ×( 1+ monthly interest rate) repayment months ]/[( 1+ monthly interest rate) repayment months-1]

4. Average capital refers to a repayment method, that is, during the repayment period, the total loan amount is divided into equal parts, and the equal principal and interest generated by the remaining loans are repaid every month. In this way, because the monthly repayment amount is fixed and the interest is less and less, the borrower is under great pressure to repay at first, but as time goes on, the monthly repayment amount is less and less.

Calculation formula of average capital loan:

Monthly repayment amount = (loan principal/repayment months)+(principal-accumulated amount of repaid principal) × monthly interest rate.