Everyone is familiar with Nanjing. Nanjing is the ancient capital of the Six Dynasties and the capital city. So many people are willing to stay in Nanjing for development. But housing prices in Nanjing are relatively high. Perhaps everyone has heard that it is difficult for young people who have just worked for a few years to buy a house in Nanjing, especially the down payment. Then, what is the down payment for Nanjing Provident Fund to buy a house? What are the precautions for provident fund loans?

1. How much is the down payment for Nanjing Provident Fund to buy a house?

Housing accumulation fund refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units, social organizations and their employees. Provident fund loans must be paid continuously for more than 12 months and are still being paid at the time of loan. Because the differences in each region are different, the relationship between real estate and provident fund management center is different, so the down payment of loans is different. The minimum down payment ratio of personal provident fund loan to buy a house is 30%.

Second, what are the precautions for provident fund loans?

1, couple loan

If both husband and wife borrow money to buy a house, whether they apply for provident fund loans before or after marriage, as long as one of them has applied for provident fund center, there will be corresponding records in the system. Before the last loan is paid off, both husband and wife can no longer use the provident fund loan to buy a second house.

2. Second Suite

Borrowers who use provident fund loans to buy houses, such as the first house, use it. Before the provident fund loan is paid off, it is not allowed to apply for a provident fund loan again to buy a second house. Only when the previous housing loan is paid off can the provident fund loan be used again. It will not be regarded as the second house, but it will still be regarded as the first house operating according to its policies.

Don't use the provident fund before applying for a loan.

If the borrower takes the balance of the provident fund to pay the house payment before the loan, the balance of the provident fund in your provident fund account will be zero, and your provident fund loan amount will be zero, which means you will not apply for a provident fund loan.

4. Don't prepay in the first year of the loan.

According to the relevant provisions of the provident fund loan, part of the prepayment should be made one year after the repayment, and the amount you return should exceed the repayment amount of six months.

Don't forget to find the bank around you if you have difficulty in repaying the loan.

Don't insist on it yourself when your solvency drops during the loan period and it is difficult to repay. ICBC customers can apply to ICBC for extending the loan term. According to our investigation, if there is no default in loan principal and interest, we will accept your application for extension.