Loan amount of housing provident fund = (monthly salary base of housing provident fund for borrowers and their spouses and those involved in calculating the loan amount) ×35%× 12 months× loan period (up to fifteen years). Monthly mortgage amount = loan amount ((1 interest rate) times the power of-1) /(( 1 interest rate) times the power of interest rate).

The formula is more complicated. The "power of the number of loan months" here refers to the power of the number of loan months. For example, the loan is 10, which is 120. The loan balance is calculated according to the current original loan interest rate. If it is adjusted in the current year, the adjustment of the payment amount will only be carried out on 1 of the following year according to the latest interest rate standard.

"Regulations on the Management of Housing Provident Fund" Article 25 The employee's withdrawal of the storage balance in the housing provident fund account shall be verified by the unit to which he belongs, and a certificate of withdrawal shall be issued.

Workers apply to the housing provident fund management center for withdrawal of housing provident fund with the withdrawal certificate. The housing provident fund management center shall, within 3 days from the date of accepting the application, make a decision on whether to approve or disapprove the withdrawal, and notify the applicant; If the withdrawal is approved, the entrusted bank shall go through the payment procedures.

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The above answer is only for the current information combined with my understanding of the law, please refer carefully!

If you still have questions about this issue, I suggest you sort out relevant information and communicate with professionals in detail.

How to calculate the loan amount of housing provident fund

Calculation of housing provident fund loan amount: the loan amount shall be implemented in accordance with the relevant provisions of individual housing provident fund loans. In portfolio loans, the amount of commercial personal housing loans shall not exceed the difference between the house price and the sum of down payment and personal provident fund loans. The specific amount of the commercial part of a single portfolio loan shall be determined one by one according to the borrower's repayment ability and credit history. Local housing provident fund management centers have different policies and requirements for individual housing provident fund loans, so it is recommended to consult local housing provident fund departments. The basic formula of the general applicable limit is: (monthly contribution of provident fund/contribution ratio of provident fund) multiplied by 12 multiplied by the loan period multiplied by the local provident fund loan coefficient. "Regulations on the Management of Housing Provident Fund" Article 24 Employees may withdraw the balance of the housing provident fund account under any of the following circumstances: (1) purchasing, building, renovating or overhauling their own houses; (2) retirement; (three) completely lose the ability to work, and terminate the labor relationship with the unit; (4) Having left the country to settle down; (5) Repaying the principal and interest of the house purchase loan; (six) the rent exceeds the prescribed proportion of family wage income. In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time. If an employee dies or is declared dead, the employee's heirs and legatees may withdraw the storage balance in the employee's housing provident fund account; If there is no heir or legatee, the storage balance in the employee housing provident fund account shall be included in the value-added income of the housing provident fund.

How to calculate the loan amount for provident fund loans?

The loan amount of the provident fund is calculated according to the following formula: the loan amount of the provident fund = the sum of the monthly contributions of the borrower and the borrower ÷ the contribution ratio × 12 months × the loan period ×40%. It should be noted that the amount of provident fund loan: no more than 400,000, no less than 1 10,000, and no more than 80% of the total amount of commercial housing or the appraised price of second-hand housing.

"Regulations on the Management of Housing Provident Fund" Article 5 The housing provident fund shall be used for the purchase, construction, renovation and overhaul of owner-occupied housing by employees, and no unit or individual may use it for other purposes.

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.

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 employment. 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.

The loan conditions are: the employees of the unit have signed labor contracts for more than three years (or signed 1 year labor contracts for three consecutive years); Normal continuous monthly housing provident fund deposit exceeds a certain period; Not exceeding the statutory retirement age; The borrower has a stable economic income and the ability to repay the principal and interest; The borrower agrees to handle the mortgage registration and insurance; Provide the guarantee method agreed by the local housing provident fund management center and its sub-centers; At the same time, submit relevant documents required by the bank, such as house purchase contract or house pre-sale contract, real estate license, land use certificate, deposit certificate of provident fund, etc.

Letter of credit clause

1. Only employees who participate in the housing provident fund system are eligible to apply for housing provident fund loans. Employees who have not participated in the housing provident fund system cannot apply for housing provident fund loans.

2. If you participate in the housing provident fund system, you must also meet the following conditions to apply for a housing provident fund personal housing loan: that is, you must pay the housing provident fund continuously for not less than 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. If one of the husband and wife has applied for a housing provident fund loan, both husband and wife shall not obtain a housing provident fund loan again before paying off the principal and interest of the loan. 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.

How to calculate the loan amount of housing provident fund?

Housing provident fund is generally used to buy a house, but before buying a house, do you know about housing provident fund? In fact, the housing provident fund is also limited to buying a house, and it is impossible to apply for a housing provident fund loan by paying the housing provident fund. Then, how to calculate the housing provident fund loan amount? What is the process of buying a house with provident fund? Let's take a look with Bian Xiao.

1. How to calculate the loan amount of housing provident fund?

1. The maximum loanable amount calculated according to the balance of housing provident fund account is: (balance of provident fund account, monthly contribution of provident fund ×2× statutory retirement months )× 2.

2. According to the loanable degree calculated by the maximum loan amount, the maximum loan amount for one person to apply for housing provident fund loans is 500,000, and the maximum loan amount for two or more people to purchase the same housing is 800,000.

3. For the loanable amount calculated according to the loan ratio, the down payment ratio shall not be less than 20% for families who purchase the first house with a construction area of less than 90 square meters, or those who purchase affordable housing according to regulations. For families who purchase the first home and have a building area of more than 90 square meters, the down payment cannot be less than 30%.

Second, the provident fund to buy a house process

1. The housing fund management center signs an entrusted loan agreement with the entrusted bank.

2. The borrower submits the loan application to the housing provident fund management center, and the entrusted bank submits the application materials of the mobile phone borrower as required, and then submits them to the housing provident fund management center for review.

3, housing fund management center for examination and approval, signed a loan contract with the entrusted bank. After signing the contract with the borrower, go through the loan formalities.

4. The entrusted bank directly transfers the loan to the designated account opened by the buyer in the entrusted bank.

Editor's summary: How to calculate the loan amount of housing provident fund? What is the process of buying a house with provident fund? I believe everyone knows something after reading the article. I hope the above contents can bring you some help and suggestions. If you need more relevant information, please continue to follow us.