At present, the loan period of housing provident fund has been extended to no more than five years after the statutory retirement age (that is, 65 years for men and 60 years for women). If not retired, the longest loan for male employees is 15 years, and the longest loan for female employees is 10 years.

The loanable amount of Qingdao housing provident fund mainly depends on the deposit base, purchase area, total price, repayment ability and other factors. The specific calculation criteria are as follows:

1. The maximum amount of housing provident fund loans is 400,000 yuan for commercial housing and 250,000 yuan for second-hand housing. In addition, different regions implement different regional quotas. At present, the seven districts in the city implement the maximum quota, that is, 400,000 yuan for commercial housing and 250,000 yuan for second-hand housing; The regional quotas for Jimo, Jiaonan and Jiaozhou are 200,000 yuan for commercial housing and 65,438+10,000 yuan for second-hand housing; Pingdu city regional quota, commercial housing is adjusted from 6.5438+0.5 million yuan to 200,000 yuan, and second-hand housing is adjusted from 6.5438+0.5 million yuan to 6.5438+0.5 million yuan; The regional quota of Laixi City will not be adjusted for the time being, with the commercial housing maintaining 6.5438+0.5 million yuan and the second-hand housing maintaining 6.5438+0.5 million yuan.

2. The amount of provident fund loan is calculated according to the provident fund of the applicant and his spouse:

Provident fund loan amount = applicant's monthly provident fund deposit amount ÷ applicant's housing provident fund deposit ratio × 12× quota calculation period × 40% applicant's spouse's monthly provident fund deposit ratio × 12× quota calculation period × 40% The quota calculation period in the formula is 5 years from the date of application of the applicant and his spouse (male 65438).

3. Provident fund loan amount calculated by house price:

Commercial housing provident fund loan amount = house price × 80% (house price is the total house price, excluding supporting fees).

Second-hand houses account for 70% of the smaller value between the actual transaction price and the appraised price (note: for houses over 10 age, the loanable amount will decrease by 10 percentage point every five years).

2. What are the conditions for Qingdao to apply for housing provident fund loans? And commercial loans. ...

The biggest difference is that the interest rate of provident fund loans is lower than that of commercial loans.

After a 30% discount on the commercial loan interest rate, the annual interest rate for more than 5 years is 4. 158%.

The annual interest rate of provident fund loans for more than 5 years is 3.87%.

It turned out that the down payment of provident fund loans was higher than that of commercial loans, and now the down payment of provident fund loans has also dropped to 20%.

Therefore, if you can apply for provident fund loans, of course, it is cost-effective to use provident fund loans.

3. What are the possible restrictions for Qingdao Provident Fund Company to turn into a public company?

The restrictive conditions are as follows: first, the individual commercial loan agreement clearly stipulates that repayment cannot be made in advance; Second, personal provident fund loans do not meet the relevant regulations, or the total amount of personal provident fund loans is much lower than the total amount of existing commercial loans.