How much provident fund loan a couple can get in Shanghai

Shanghai provident fund loan limit: The maximum loan limit for the first home is 1 million yuan (the maximum loan limit per person is 500,000 yuan), there are supplements The maximum loan limit for a provident fund family is 1.2 million yuan (the maximum loan limit per person is 600,000 yuan).

The maximum loan limit for the second improved house is uniformly 800,000 yuan (the maximum loan limit per person is 400,000 yuan), and the maximum loan limit for families with supplementary provident funds is uniformly 1 million yuan (the maximum loan limit per person is 1 million yuan). The loan amount is 500,000 yuan).

The loan amount must also meet the following conditions: 1.

Not higher than the loan limit determined by the multiple of the balance of the housing provident fund account of the borrower and the same borrower ( 30 times the balance of the housing provident fund, and 10 times the balance of the supplementary housing provident fund);

2. Not higher than the loan limit determined according to the proportion of the total price of the house;

3. Higher than the loan limit determined based on repayment ability, the calculation formula is: the borrower’s salary base for calculating the monthly housing provident fund deposit × prescribed proportion (40%) × 12 months × loan term (year);

< p>4. Not higher than the maximum loan amount.

If you need further information, you can contact Bank of China loan outlets for details.

The above content is for your reference, please refer to actual business regulations.

Shanghai provident fund loan limit

The maximum provident fund loan limit in Shanghai is 1.2 million yuan, and the limit regulations are as follows:

1. First house:

< p>1. For personal loans, the maximum loan amount is 500,000 yuan; for those who pay supplementary provident fund, the maximum amount is 600,000 yuan;

2. For family loans, the maximum amount is 1 million yuan; for those who pay supplementary provident fund, the maximum amount is 1 million yuan; for those who pay supplementary provident fund, the maximum amount is 1 million yuan; 1.2 million yuan.

Second and second houses:

1. The maximum loan limit for individuals is 400,000 yuan; for those who pay supplementary provident fund, the maximum is 500,000 yuan;

2. Family When applying for a loan, the maximum amount is 800,000 yuan; for paying supplementary provident fund, the maximum amount is 1 million yuan.

1. Provident fund loans refer to loans enjoyed by employees who have paid housing provident funds. According to national regulations, all employees who have paid housing provident funds can apply for personal housing provident fund loans in accordance with the relevant provisions of provident fund loans.

II. Loan conditions:

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

2. Those who participate in the housing provident fund system must also meet the following conditions when applying for a housing provident fund personal home purchase loan: that is, they must have continuously paid and deposited housing provident fund for no less than six months before applying for a loan. This is because if employees’ behavior of paying housing provident funds is abnormal and intermittent, it means that their income is unstable and risks will easily arise after the loans are issued.

3. If one spouse applies for a housing provident fund loan, neither spouse will be able to obtain a housing provident fund loan again before the spouse repays the principal and interest of the loan. Because housing provident fund loans are financial support provided to meet the basic housing needs of employee families, and are a type of "housing security" financial support.

4. When a loan applicant applies for a housing provident fund loan, in addition to having a relatively stable economic income and the ability to repay the loan, the loan applicant must not have a large amount that has not yet been paid off, which may affect the repayment of the housing provident fund loan. capacity for other debts. When employees are burdened with other debts, granting housing provident fund loans is very risky and violates the principle of safe operation of housing provident funds.

5. The maximum term of provident fund loans shall not exceed 30 years. When applying for a portfolio loan, the loan terms of the provident fund loan and the commercial housing loan must be consistent.

How much can a provident fund loan be borrowed in Shanghai?

100,000. Generally, the maximum amount of provident fund loan is the account balance of 10. If it is less than 10,000, it will be calculated as 10,000. In other words, the maximum loan amount can be 100,000. It also depends on your payment base, so the maximum you can borrow is 100,000, or it may not be 100,000.

Provident fund loans also have quota limits. The loan amount is generally determined based on the time we pay and the amount of our provident fund account. The total amount of a provident fund loan is generally calculated by multiplying your monthly deposit amount by the total number of months of statutory retirement age, plus twice the balance of your provident fund account.

The housing provident fund refers to the deposits made by state agencies, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, public institutions, private non-enterprise units, social groups and their employees. of long-term housing savings.

The definition of housing provident fund includes the following five aspects:

(1) Housing provident fund is only established in cities and towns, and no housing provident fund system is established in rural areas.

(2) The housing provident fund system is established only for current employees. The housing provident fund system is not applicable to unemployed urban residents and retired employees.

(3) The housing provident fund consists of two parts, one part is paid by the employee's unit, and the other part is paid by the employee personally. After the employee's personal contribution is withheld by the unit, it is deposited into the housing provident fund's personal account together with the unit's contribution.

(4) The long-term nature of housing provident fund deposits. Once the housing provident fund system is established, employees must make uninterrupted contributions in accordance with the regulations while on the job. Except for the employee's retirement or other circumstances stipulated in the "Housing Provident Fund Management Regulations", it shall not be suspended or interrupted. It reflects the stability, uniformity, standardization and mandatory nature of the housing provident fund.

(5) The housing provident fund is a personal housing savings deposited by employees in accordance with regulations and used exclusively for housing consumption expenditures. It has two characteristics:

First, it is cumulative, that is, housing The provident fund is not an integral part of employees' wages and is not paid in cash. It must be deposited into a special account opened by the housing provident fund management center in an entrusted bank for special account management.

The second is the special nature. The housing provident fund is earmarked for special purposes. During the storage period, it can only be used to purchase, build, or overhaul self-occupied housing or pay rent according to regulations. Employees can withdraw the housing provident fund from their accounts only when they resign, retire, die, completely lose their ability to work, terminate the labor relationship with the employer, or move out of their original city of residence.

According to our country's regulations, all enterprises should deposit housing provident funds for their employees, regardless of state-owned enterprises and private enterprises.

This is the end of the introduction about how much Shanghai provident fund loans can be borrowed and how many years Shanghai provident fund loans can be borrowed. Did you find the information you need?