Although provident fund loans are more cost-effective, they are not as much as users can borrow, but have a certain limit, and the amount of provident fund loans that different users can finally apply for varies with the payment of provident fund. So how is the amount of provident fund loans calculated?
The calculation rules of provident fund loan amount are different in different regions. At present, the most common calculation methods of provident fund loan amount are mainly divided into the following four types:
First, the total housing price calculation loan amount:
The formula for calculating the loan amount of provident fund according to the total house price is: total house price * loan ratio, and different regions have different provisions on loan ratio. For example, the total price of the house purchased by the user is 6,543,800 yuan, and the loan ratio is 70%, so the amount of the provident fund loan is 700,000 yuan.
2, provident fund account balance calculation loan amount:
Generally speaking, the loan amount calculated by using the balance of the provident fund account is between 20 times and 40 times of the balance, and the regulations in different regions are different. In other words, if the user's account balance is 20,000 yuan and the loan multiple is 20 times, then the user can apply for a provident fund loan of 400,000 yuan.
3. Calculate the maximum loan amount:
The amount of provident fund loans in many areas is determined according to the local maximum amount, and the limit will be different in different areas. Some areas may have a limit of 400,000, but some areas may have a limit of 800,000.
4, the lender repayment ability to calculate the loan amount:
In some areas, when calculating the loan amount of provident fund, the loanable amount will be calculated according to the repayment ability of the applicant or the applicant's family. The general calculation formula is as follows:
Because the rules of provident fund loans vary from place to place, if you want to know the details of the loan amount you can apply for, you can call the local provident fund management center to understand the local calculation method, and then calculate according to your own situation. In addition, users can also log in to the local provident fund in official website. Generally, official website has the function of calculating the amount, and users can also calculate the amount according to the prompts.