The mortgage interest rate of provident fund is 4.25%, the monthly interest rate is 4.25%/ 12, and the annual interest rate is 3.75%.

Provident fund generally refers to housing provident fund. 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.

How much is the interest on the provident fund loan?

Although there is no obvious upward trend of housing prices in China, ordinary people are still under pressure, so buying a house will require loans, but the interest on ordinary commercial loans is also relatively high, while the interest on provident fund loans will be lower. How much is the interest on the provident fund loan in Malaysia?

1. What is the interest on the provident fund loan?

1.20 15 years1October 24, the adjustment of the interest rate of provident fund loans was implemented. The annual interest rate of provident fund loans for more than five years is 3.25%, and the monthly interest rate is 3.25% divided by 12. The annual interest rate of provident fund loans for less than 5 years is 2.75%. Later, the central bank adjusted the benchmark interest rate of provident fund loans. The annual interest rate of provident fund loans for more than five years is 4%, and the annual interest rate of provident fund loans for less than five years including five years is 3.5%.

2. Matching principal and interest repayment method The calculation method of provident fund loan interest is as follows:

① Monthly repayment amount = [Monthly loan principal interest rate (1 interest rate) repayment months ]/[( 1 interest rate) repayment months]

② Monthly interest payable of provident fund loan = monthly interest rate of loan principal [( 1 interest rate) repayment months -( 1 interest rate) (repayment month serial number-1)] [(1interest rate) repayment months-1]

(3) Monthly repayment principal of provident fund loan = monthly interest rate of loan principal (65438+ 10) (repayment month serial number-1)/[(65438+ 10) repayment months-1]

④ Total interest = repayment months, monthly repayment amount-loan principal.

3. The calculation of the loanable amount of the provident fund needs to be determined according to the repayment ability, real estate price, the maximum loan amount and the balance of the housing provident fund account. The minimum value calculated by combining these four conditions is the maximum loanable amount:

① Calculation of loan capacity: loan amount = [(total monthly salary of borrower or spouse, monthly contribution of housing accumulation fund of borrower or spouse's work unit) repayment capacity coefficient 40%- monthly repayment amount of existing loan of borrower or spouse] 12 (month) loan period. Total monthly salary = monthly contribution of provident fund/(proportion of unit contribution and proportion of individual contribution)

② Housing price calculation: loan amount = housing price loan ratio.

③ Calculation of the maximum loan amount: If only individuals have paid the provident fund, the maximum loan amount is 500,000 yuan. If you and your spouse deposit the provident fund at the same time, the maximum loan amount is 700,000 yuan.

④ Calculation of the balance of the provident fund account: the loan amount of the provident fund = the borrower and the balance of the borrower's provident fund account 20.

Bian Xiao concluded: The above is the article that Bian Xiao shared for you today. How much is the interest on the provident fund loan? I hope the article shared by Bian Xiao can help everyone.

What is the latest loan interest rate of housing provident fund?

The latest benchmark interest rate of provident fund 2022 is as follows:

(1) Starting from June 65438+ 10/day in 2022, the interest rate of individual housing provident fund loans will be determined according to the number of housing units in employees' families.

(2) The interest rate of the first individual housing provident fund loan will be lowered by 0. 15 percentage point, and it will be 2.6% for less than 5 years (including 5 years) and 3.1%for more than 5 years; The interest rate of the second set of personal housing provident fund loans is 3.025% for less than 5 years (including 5 years) and 3.575% for more than 5 years.

(3) For those who apply for portfolio loans to purchase houses, the interest rate of individual housing commercial loans shall be subject to the corresponding interest rate according to the standards set by commercial banks for determining the number of housing units.

Housing provident fund loans with the original benchmark interest rate have been reduced by 0. 1 5 percentage points since the new interest rate was implemented in June 2023, that is, 2.6% for less than five years (including five years) and 3. 1% for more than five years.

The loan interest rate of housing provident fund is unchanged when the original benchmark interest rate rises 1. 1 times, and it is still 3.025% for less than 5 years (including 5 years) and 3.575% for more than 5 years.

Other relevant policies:

Continue to stop issuing housing provident fund loans to employees' families who purchase the third or more houses; Continue to stop issuing housing provident fund loans to workers' families who have used housing provident fund loans for the third time (inclusive) and have not yet settled their housing provident fund loans.

What is the interest rate for provident fund loans?

List of interest rates of provident fund loans of banks in 2022

1, central bank: the interest rate of housing provident fund loans for less than five years (including five years) is 2.75%, and the interest rate for more than five years is 3.25%;

2. Industrial and Commercial Bank of China: the interest rate of housing provident fund loans for less than five years (including five years) is 2.75%, and the interest rate for more than five years is 3.25%;

3. Agricultural Bank: the interest rate of housing provident fund loans for less than five years (including five years) is 2.75%, and the interest rate for more than five years is 3.25%;

4. China Construction Bank: the interest rate of housing provident fund loans for less than five years (including five years) is 2.75%, and the interest rate for more than five years is 3.25%;

5. Bank of China: the interest rate of housing provident fund loans for less than five years (including five years) is 2.75%, and the interest rate for more than five years is 3.25%;

6. Bank of Communications: the interest rate of housing provident fund loans for less than five years (including five years) is 2.75%, and the interest rate for more than five years is 3.25%;

7. China Merchants Bank: the interest rate of housing provident fund loans for less than five years (including five years) is 2.75%, and the interest rate for more than five years is 3.25%;

8. CITIC Bank: the interest rate of housing provident fund loans for less than five years (including five years) is 2.75%, and the interest rate for more than five years is 3.25%;

Housing provident fund loan interest rate

According to the interest rate table of provident fund loans of China People's Bank in 2022, the interest rate of provident fund is: 1, and the annual interest rate of individual housing provident fund deposits is: paid in the current year and carried forward from the previous year to:1.5%; 2. Personal housing provident fund loan: the annual interest rate is 2.75% for less than five years (including five years) and 3.25% for more than five years. Provident fund loan refers to personal provident fund loan, which is a housing mortgage loan issued by local provident fund management offices, using the provident fund paid by employees who apply for personal provident fund loans, and entrusting commercial banks to the housing provident fund depositors who purchase, build, dismantle and repair their own houses and retired employees who paid the provident fund during on-the-job filming. The above is the interest rate of housing provident fund. How can the provident fund be used to borrow money to buy a house? Users can prepare personal identity documents, provident fund co-branded cards, purchase agreements signed with real estate developers, down payment receipts, residence permits (household registration books or temporary residence permits), personal income certificates (such as bank accounts and salary slips) and other related materials, and go to the business outlets of local provident fund management offices to find staff to explicitly apply for loans.

After receiving the application form and filling it out, the user will submit the report together with relevant materials, and then they can try it out. After the trial, the management office will examine and approve Yuzhou according to the material information provided by users, and an appraisal agency will evaluate the value of the house. After the approval is passed, the user will be informed. Users who receive the approval notice sign loan contracts at business outlets within the promised time, and go through mortgage and other related procedures at the real estate management bureau, and then the bank will issue loan funds. Generally, it takes about two to three months from the user submitting the loan application to issuing the loan funds. Of course, if the bank encounters a shortage of funds and so on, it may take longer to approve and lend money.