In 20 15, the central bank lowered the benchmark interest rate of loans, and the interest rate of provident fund loans for less than five years (including five years) fell to 3.5%, and the interest rate of provident fund loans for more than five years fell to 4%. The following is to introduce the calculation method of provident fund loans for everyone.

The calculation of provident fund loan should be determined according to four conditions: repayment ability, proportion of house price, balance of housing provident fund account and maximum loan amount, among which the minimum value calculated by the four conditions is the maximum loanable amount of the lender.

Provident fund loan interest rate 1. The calculation formula of provident fund loan based on repayment ability is: loan amount = [(total monthly salary of borrower or husband and wife, monthly contribution of housing provident fund of the unit where borrower or husband and wife work) × repayment ability coefficient 40%- monthly repayment amount of existing loan of borrower or husband and wife ]× 12 (month )× loan period. Total monthly salary = monthly contribution of provident fund/(unit contribution ratio and individual contribution ratio);

2. The calculation formula of provident fund loan based on house price is: loan amount = house price × loan ratio. Among them, the loan proportion is determined according to different types. Generally speaking, if the building area is more than 90 square meters, the loan amount shall not exceed 70% of the purchase price; If the construction area is less than 90 square meters, the loan amount shall not exceed 80% of the purchase price.

3. According to the maximum loan amount, if I use the housing provident fund to apply for a loan provident fund loan and meet the application conditions, the maximum loan amount is 500,000 yuan; At the same time, if the spouse's housing provident fund is used to apply for a loan and the loan application conditions are met, the maximum loan amount is 700,000 yuan.

4. The calculation formula of the provident fund loan based on the balance of the provident fund account is: the amount of the provident fund loan = the borrower and the borrower's provident fund account balance ×20.

What is the interest rate for provident fund loans?

According to the interest rate table of provident fund loans of China People's Bank in 2022, the interest rate of provident fund is:

1, individual housing Roy provident fund deposit: the annual interest rate paid in the current year and carried forward from the previous year is1.5%;

2. Personal housing provident fund loan: the annual interest rate is 2.75% for less than five years (including five years) and 3.25% for more than five years.

Is the interest of the provident fund the same as that of the bank?

The money in the housing provident fund account is the same as the deposit interest, but the interest is not very high. Generally, it will be settled once a year, and the interest will be settled on June 30th every year. After settlement, the interest will be deposited in the provident fund account, and a corresponding short message will be sent to the user to tell you how much interest the provident fund account generated in the previous year.

The money in the housing provident fund is equivalent to a demand deposit, which can be withdrawn or deposited. The housing provident fund paid by individuals and units shall bear interest from the date of deposit in the individual housing provident fund account, and the interest shall be paid according to the savings deposit rate stipulated by the People's Bank of China before Huling. If the amount of housing provident fund is not used for a long time, housing provident fund will generate corresponding interest like deposits.

The balance of provident fund allocated in the current year is calculated at the interest rate of current savings deposits, and the balance of housing provident fund carried forward in the previous year is calculated at the interest rate of lump-sum deposit and withdrawal for three months. If the user withdraws part of the provident fund, it is stipulated to withdraw the balance allocated first.

The biggest function of the money in the provident fund account is not to generate interest, but to apply for loans, because the amount of provident fund loans is calculated according to the account balance. The more the account balance, the higher the loan amount you can apply for, and the more interest you can save for the lender.

What is the interest rate of housing provident fund loan?

First, the interest rate of the first personal housing provident fund loan for five years (including five years) will be lowered from the current 2.75% to 2.6%, and from the current 3.25% to 3. 1%. The interest rate of the second set of personal housing provident fund loans remains unchanged, that is, the interest rate of loans for five years or less is 3.025%, and the interest rate of loans for five years or more is 3.575%.

II. For individual housing provident fund loans issued before June 65438+ 10/in 2022, the new interest rate standard will be implemented from June 65438+1 0/in 2023.

3. All management departments will return the first set of personal housing provident fund loans accepted but not issued before June 65438+1 October12022 to the state of adjustable interest rate, and submit them for review after repositioning according to the requirements of this notice.

4. For the loan with adjusted interest rate, it is necessary to reprint the loan approval form and the specially signed contract, involving interest rate and monthly repayment amount.

5. The vacant amount of the first housing provident fund individual housing mortgage lease letter applied after June 65438+1October 65438+1October 2022 shall be subject to the adjusted interest rate.

Housing provident fund loan interest rate

According to the interest rate table of provident fund loans of China People's Bank in 2022, the interest rate of provident fund is: 1, and the annual interest rate of individual housing provident fund deposits is: paid in the current year and carried forward from the previous year to:1.5%; 2. Personal housing provident fund loan: the annual interest rate is 2.75% for less than five years (including five years) and 3.25% for more than five years. Provident fund loans refer to individual provident fund loans, which are provident funds paid by employees who apply for individual provident fund loans by provident fund management offices all over the country, and mortgage loans issued to housing provident fund depositors who buy, build, demolish and repair their own houses and retired employees who pay provident funds during their working life. The above is the interest rate of housing provident fund. How can the provident fund be used to borrow money to buy a house? Users can prepare personal identity documents, provident fund co-branded cards, purchase agreements signed with real estate developers, down payment receipts, residence permits (household registration books or temporary residence permits), personal income certificates (such as bank accounts and salary slips) and other related materials, and go to the business outlets of local provident fund management offices to find staff to explicitly apply for loans.

After receiving the application form and filling it out, the user will submit the report together with relevant materials, and then they can try it out. After the trial, the management office will conduct examination and approval according to the material information provided by the user, and an evaluation agency will evaluate the value of the house. After the approval is passed, the user will be informed. Users who receive the approval notice sign loan contracts at business outlets within the promised time, and go through mortgage and other related procedures at the real estate management bureau, and then the bank will issue loan funds. Generally, it takes about two to three months from the user submitting the loan application to issuing the loan funds. Of course, if the bank encounters a shortage of funds and so on, it may take longer to approve and lend money.

What is the interest rate for provident fund loans?

The interest rate of provident fund loans refers to the interest rate of individual housing provident fund loans, which is adjusted and announced by the People's Bank of China.

Provident fund loans refer to loans enjoyed by employees who pay housing provident fund. According to national regulations, all employees who have paid housing provident fund can apply for individual housing provident fund loans according to the relevant provisions of provident fund loans. [9] Housing provident fund loans are national policy loans, so the interest rate of housing provident fund loans is lower than that of commercial loans. [5]

Latest interest rate: The People's Bank of China decided to lower the interest rate of the first individual housing provident fund loan from June 1 day, 2022, and adjusted the interest rates for less than five years (including five years) and more than five years to 2.6% and 3. 1% respectively. The second set of personal housing provident fund loan interest rate policy remains unchanged. That is, the interest rates for less than 5 years (including 5 years) and more than 5 years are not less than 3.025% and 3.575% respectively. [8]

From 2014165438+122 October, the interest rate of individual housing provident fund loans will be lowered. The interest rate of individual housing provident fund loans for more than five years is lowered from 4.50% to 4.25%; The interest rate of individual housing provident fund loans for five years or less was lowered from 4.00% to 3.75%. [2] [6]

2065438+March 2005 1 day, the central bank decided to lower the loan interest rate and deposit interest rate, and the personal provident fund loan interest rate was also lowered. The loan interest rate for more than 5 years is 4%. 5 years and below, 3.5%. [3]

20 15, 10 year1October 24th. The interest rate of provident fund loans for more than five years is 3.25%, the monthly interest rate is 3.25%/ 12, and the interest rate of provident fund loans for five years and less is 2.75% per annum.

The People's Bank of China has decided to reduce the interest rate of the first individual housing provident fund loan by 0. 15 percentage point from June 2022, and adjust the interest rates for less than five years (including five years) and more than five years to 2.6% and 3. 1% respectively. The second set of personal housing provident fund loan interest rate policy remains unchanged, that is, the interest rates for less than five years (including five years) and more than five years are not less than 3.025% and 3.575% respectively. [4]

From June 20438 to October 2022 10, after the People's Bank of China announced that it would lower the interest rate of the first individual housing provident fund loan, many cities in China followed suit. 65438+1On October 8th and 9th, Beijing, Nanjing, Ningbo, Dongguan and other places announced the official opening of the housing provident fund, and the loan interest rate for more than five years was 3. 1%.

What is the interest rate for provident fund loans?

I. Interest rate:

According to the latest announcement of the central bank, since1October 24th 10, the interest rates of RMB loans and deposits of financial institutions have been further lowered by 0.25 percentage points. Among them, the benchmark interest rate for one-year loans was lowered by 0.25 percentage points to 4.35%; The one-year deposit rate was lowered by 0.25 percentage point to1.5%; The interest rate of individual housing provident fund loans remains unchanged. The interest rate of individual housing provident fund loan was last adjusted on August 26th. The latest interest rate of provident fund loans is 2.75% for five years or less and 3.25% for more than five years.

Second, the concept:

20 15, 10 adjust and implement the current provident fund loan interest rate. The interest rate of provident fund loans for more than five years is 3.25%, the monthly interest rate is 3.25%/ 12, and the annual interest rate of provident fund loans for less than five years is 2.75%, which is consistent throughout the country.

Commercial loan: (1) The loan interest rate is related to the loan purpose, loan nature, loan term, loan policy and different lending banks. The state sets the benchmark interest rate, and banks determine the differential loan interest rate according to various factors, that is, floating up or down on the basis. The current benchmark interest rate was adjusted and implemented on July 6, 2002+2065438. Types and annual interest rates are as follows: ① short-term loans for 6 months (inclusive) 5.6%; ② 6% for half a year to one year (inclusive); ③ One to three years (inclusive) 6.15%; ④ Three to five years (inclusive) 6.4%; ⑤ More than five years, 6.55%. (2) Mortgage is a comprehensive evaluation of the bank loan interest rate according to the credit situation of the loan, and the loan interest rate level is determined according to the credit situation, collateral and national policy (whether it is the first suite or not). If all aspects are evaluated well, the mortgage interest rates implemented by different banks are different. 20 1 1 Due to the shortage of funds and other reasons, the interest rate of the first home loan of some banks is1.6438.00000000000006. Since 20 12, most banks have adjusted the interest rate of the first home to the benchmark interest rate. In early April, the bank began to implement the first home loan interest rate concessions. The interest rate discount of some banks can be up to 15%. The interest rate after 15% discount over five years is 6.55%0.85=5.5675%. Due to the shortage of funds and insufficient credit funds, it has been tightened since the third quarter and the beginning of 20 13. The interest rate of the first suite is generally between the benchmark interest rate and the 15% discount.