1. Loan interest rates are different. The provident fund loan interest rate is 3.25, which is a low interest rate. Combination loan: provident fund 3.25, business 4.9, overall interest rate is average.

2. The loan amount is different. Provident fund loans have a lower loan limit, while portfolio loans have a higher loan limit.

3. The loan conditions are different. Provident fund loan conditions are strict. To use a provident fund loan, the individual's credit is also required to be good. In addition, there are requirements that the individual's provident fund account must be paid continuously and in full in the first 6 months from the date of the loan. Portfolio loan conditions are more stringent. Portfolio loans must meet the requirements of both provident fund loans and commercial loans. In addition, if individuals have outstanding provident fund loans, they can no longer use provident fund loans and combination loans; and if they have outstanding commercial loans, in addition to purchase and loan restrictions, they can also use commercial loans to buy houses.

4. The loan process time is different. The process of a provident fund loan is complicated. You must first go to the Housing Fund Management Center to apply. The center will conduct the review and then start the loan process. From application to loan disbursement, it takes a long time. Portfolio loans are slower. The commercial loan part of the portfolio loan is applied to the lending bank, and the provident fund loan part is applied to the provident fund center. The speed of loan disbursement is slower than that of provident fund loans and commercial loans.

What are the benefits of buying a house with provident funds?

1. Provident fund loan repayment is more flexible and convenient. If a house buyer uses a provident fund loan to buy a house, the bank's repayment method will be more convenient and flexible than a commercial loan to buy a house. The borrower can determine the monthly repayment amount by himself, but the premise is that the monthly repayment amount is not Lower than the minimum repayment amount stipulated by the bank, in this way, the borrower can formulate a reasonable and feasible repayment plan based on his own financial strength, making it easier for the borrower to arrange his monthly financial expenses.

2. Provident fund loan funds can be doubled. The home buyer pays 5-20% of his own deposit base, and his company also pays the same proportion, and the funds in the account can be doubled.

3. Provident fund loans are tax-free. The housing provident fund paid by the company for its employees can be used as a deduction for corporate income tax. At the same time, the provident fund actually paid by enterprises and individuals is not included in the individual's current wages and salary income, and is exempt from personal income tax. That is to say, for employees, the pre-tax salary is deducted from the social security provident fund before it is used as the tax calculation base for tax deduction.

4. Provident fund loans can be withdrawn in advance. Employees who have paid the housing provident fund can purchase, build, renovate, or overhaul self-occupied housing with independent property rights, or suffer from serious diseases that cause life difficulties, or enjoy urban minimum living security benefits, etc., can provide relevant legal and valid certification materials in advance. Withdraw housing provident fund. It can be said that the use of provident funds goes far beyond loans to buy houses.

5. Provident fund loan interest rates are preferential. Compared with the same loan amount and the same repayment period, if you compare provident fund loans and commercial loans, you can save tens of thousands of yuan in interest. And compared with commercial loans, provident fund loans not only have a shorter repayment time, but the interest on provident fund repayment is also much less.

6. No penalty will be charged for early repayment of provident fund loans. Borrowers of provident fund loans can apply for early repayment of the principal and interest of housing provident fund personal loans after one year has passed since the date of disbursement of the housing provident fund loan. The borrower must repay part of the principal and interest of the housing provident fund loan. The amount of each repayment should not be less than 6 months. The principal and interest amount of the housing provident fund loan. There are no handling fees or liquidated damages for early repayment of provident fund loans.