1. Under what circumstances can I apply for provident fund?
1, application conditions
1 guarantee to pay the provident fund for more than 6 months.
The loan amount cannot be higher than 30% or 20% of the total value of the house purchased.
The guarantor must be 18 years old and have full capacity for civil conduct.
4 The income level is relatively stable
2. Matters needing attention in application
Generally, the first and second sets can be purchased directly with the provident fund, but when buying a third house, the provident fund cannot be used at this time. Because the provident fund can only be used twice.
Second, the latest provident fund loan policy
1, episode 1
From June 65438+1 October1day, 2022, the interest rate of the first set of personal housing provident fund loans was lowered: the interest rate of personal housing provident fund loans for less than five years (including five years) was lowered from 2.75% to 2.6%, and the interest rate of personal housing provident fund loans for more than five years was lowered from 3.25% to 3. 1%.
2. Two sets
The interest rate policy of two sets of personal housing provident fund loans 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.
3. Description of loan interest rate
Interest is calculated at 1 segment. As the loan interest of June 5438+ 10 includes some dates of June 5438+February, 2022 and some dates of June 5438+ 10, 2023, which belongs to the period of June 5438+February, 2022, the old interest rate before interest rate reduction is applied and the new interest rate is adopted;
2. As the interest is calculated by installments, the interest-bearing days are 365,438+0 days, which is one day more than the normal monthly interest-bearing days (30 days);
3 Under the repayment method of equal principal and interest and average capital, the principal payable in June 2023 is higher than that in February 2022 after the new interest rate is activated.
When the interest reduced by applying the new interest rate term can't offset the impact of the increase of interest-bearing days and the increase of principal payable, the monthly payment in June 2023 will be higher than that in February 2022.