1, average capital repayment method. The repayment method in average capital is to spread the loan principal evenly to each repayment month, and the interest decreases month by month, and the monthly repayment amount is not fixed, so the repayment pressure in the early stage is high, and the repayment pressure in the later stage is low.

2. Equal principal and interest repayment method. Matching principal and interest repayment is to spread the loan principal and interest evenly to each repayment month, and the monthly repayment amount is fixed, which is suitable for families with stable income.

Provident fund loans refer to individual housing provident fund loans, which are issued by local housing provident fund management centers. With the housing provident fund paid by employees who apply for provident fund loans, commercial banks are entrusted to provide mortgage loans to housing provident fund depositors who purchase, build, renovate or overhaul their own houses and retired employees who pay housing provident fund during their working life.

According to the regulations, employees who have paid housing provident fund for a certain number of years or more (the number of years varies from city to city, such as 12 months or more in Changsha) can apply for provident fund loans when the funds for purchasing, building, renovating or overhauling their own houses are insufficient.

Letter of credit clause

1. Only employees who participate in the housing provident fund system are eligible to apply for housing provident fund loans, and employees who do not participate in the housing provident fund system cannot apply for housing provident fund loans.

2. To participate in the housing provident fund system, if you want to apply for a housing provident fund personal purchase loan, you must also meet the following conditions: that is, the housing provident fund has been continuously paid for at least 6 months before applying for the loan. Because, if the employee's behavior of paying housing provident fund is abnormal and intermittent, it means that his income is unstable and he is prone to risks after issuing loans.

3. One of the husband and wife has applied for a housing provident fund loan, and neither of them can get a housing provident fund loan until the principal and interest of the loan are paid off. Because the housing provident fund loan is a kind of "housing security" financial support to meet the basic housing needs of workers' families.

4. When applying for a housing provident fund loan, the loan applicant must have a relatively stable economic income and repayment ability, and there are no other outstanding debts that may affect the repayment ability of the housing provident fund loan. When employees have other debts, it is risky to lend to housing provident fund, which violates the principle of safe operation of housing provident fund.

5. The term of the provident fund loan shall not exceed 30 years. For portfolio loans, the loan conditions of provident fund loans and commercial housing loans must be the same.

What are the repayment methods of provident fund loans?

There are three repayment methods for provident fund loans: 1. One-time repayment method: withdraw the balance of the provident fund from the housing provident fund account and make one-time repayment. 2. Stop repaying the loan for several months: withdraw the balance of the provident fund account and repay the loan in advance. After repaying the loan in advance, the lender may stop lending for several months. After the loan repayment period ends, the lender shall continue to repay the loan on a monthly basis. The interest owed during the suspension period is not subject to penalty interest or compound interest, and will be deducted from the monthly repayment after the suspension period. 3. Monthly repayment method: direct withdrawal from the provident fund account every month. Article 15 of the Regulations on the Management of Housing Provident Fund, if a unit employs employees, it shall go through the deposit registration at the housing provident fund management center within 30 days from the date of employment, and go through the formalities for the establishment or transfer of employee housing provident fund accounts. Where a unit terminates the labor relationship with its employees, it shall, within 30 days from the date of termination of the labor relationship, go to the housing provident fund management center for change registration, and go through the formalities of transferring or sealing the employee housing provident fund account.

How to repay the provident fund

The repayment process of provident fund loan is as follows: 1. First, the borrower should call the hotline of the local provident fund management center to check the balance of the provident fund account and make an appointment for repayment;

2. The borrower fills in the repayment application form, signs it and provides the required information;

3. The borrower waits for the approval of the entrusted bank;

4 housing provident fund management center for approval, issued to the loan bank, the loan bank for transfer; 5. The applicant goes to the bank to repay the loan principal and interest.

Housing accumulation fund refers to the long-term housing savings paid by state organs and institutions, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises and institutions, private non-enterprise units, social organizations and their employees.

From July 1 2065438, all housing provident fund management centers in China will handle the transfer and connection of housing provident fund in different places through the platform in accordance with the requirements of the National Operating Rules for the Transfer and Connection of Housing Provident Fund in Different Places issued by the Ministry of Housing and Urban-Rural Development.

On 202 1 July1day, the Ministry of Housing and Urban-Rural Development of the People's Republic of China confirmed the national housing provident fund service logo and decided to start it from now on.

There are two repayment methods for personal housing provident fund loans: monthly equal principal and interest repayment method and monthly average principal repayment method.

The monthly equal principal and interest repayment method refers to the repayment method that the borrower repays the loan principal and interest unchanged every month, but the loan principal increases month by month and the loan interest decreases month by month.

The monthly average capital repayment method refers to the repayment method in which the borrower repays the principal regularly every month and the loan interest decreases month by month.

It should be noted that the personal loan of provident fund within one year should be repaid in one lump sum at maturity; Personal provident fund loans with a term of more than one year shall repay the loan principal and interest on a monthly basis.

Repay the loan in advance

Just apply to the bank one month in advance. The specific regulations or contracts signed by local banks may be slightly different. For example, some banks still need to pay a certain penalty for repaying loans in advance, while others don't. You can take a closer look at the provident fund loan contract you signed with the bank, what is the agreement of repaying the loan in advance (most people may not pay much attention to this when signing the contract), and whether there is any penalty for repaying the loan in advance. If not, there is no need to repay the loan in advance, and it may be necessary to sign a loan repayment contract with the bank separately. You can choose to shorten the loan time or.

How to repay the loan in the provident fund account?

There are two repayment methods for provident fund loans:

1. I use my own cash to deposit in the repayment bank card every month for repayment;

2. Entrust the Provident Fund Center to transfer the balance of its own provident fund account to repay the loan on a monthly basis.

Choosing the first repayment method is relatively simple, that is, deposit the money on the bank card and repay it monthly; If you choose the second repayment method, that is, using the balance in your own provident fund account to repay the loan on a monthly basis, you need to apply after completing the loan procedures, fill out the Application Form for Repaying the Loan by Entrusting Monthly Transfer of Housing Provident Fund and submit it, so that you can repay the personal provident fund loan with the balance of personal provident fund.

Extended data:

How to deduct the monthly provident fund?

The monthly deduction method of provident fund repayment is: after the borrower completes the repayment business, the bank deduction system will automatically deduct the money from the borrower's repayment account from the 20th to 25th of each month, which can be the money paid by the borrower himself or the money transferred from the provident fund to the repayment account.

Therefore, before the bank system deducts money, the borrower should ensure that there is sufficient monthly payment in the repayment account to ensure that the system deducts money successfully, otherwise the deduction fails, which will lead to overdue and affect credit.

Repayment method of housing provident fund loan

There are two repayment methods for housing provident fund personal loans: monthly equal principal and interest repayment method and monthly average principal repayment method.

1, "monthly matching principal and interest repayment method" refers to the repayment method that the borrower repays the loan principal and interest unchanged every month, but the loan principal in the monthly repayment amount increases month by month and the loan interest decreases month by month.

2. "Monthly average capital repayment method" refers to the repayment method in which the borrower repays the principal regularly every month and the loan interest decreases month by month.

It should be noted that the personal loan of provident fund within one year should be repaid in one lump sum at maturity; Personal provident fund loans with a term of more than one year shall repay the loan principal and interest on a monthly basis.

Extended data:

The difference between the two is that the repayment method of equal principal and interest is to repay the loan principal and interest in equal amount every month, in which the ration ratio of returning principal and interest changes month by month, the interest decreases month by month and the principal increases month by month. Average capital repayment method is to repay the loan principal in equal amount every month, and the loan interest decreases with the principal month by month. Matching principal and interest and matching principal repayment methods are suitable for different borrowers, and there is no absolute advantage or disadvantage.

Fixed equal repayment of principal and interest every month, suitable for borrowers with stable family income during the whole loan period. Average capital repayment method reduces the repayment amount month by month, and the pressure to start repayment is greater than that in the later period, which is more suitable for borrowers who already have some savings, but their expected income may gradually decrease. You can choose the repayment method of equal principal. On the premise of the same loan amount, the interest on average capital is less than that on average capital and interest.