According to the loan amount stipulated in the Instructions for Housing Provident Fund Loans issued by Zhengzhou Housing Provident Fund Center. The loan amount is also determined according to the following three situations:
1. The loan amount shall not exceed the corresponding maximum limit. If the husband and wife have continuously paid the housing provident fund in Zhengzhou City (including counties and districts, excluding industrial systems) for more than 6 months, and they purchase houses in Zhengzhou City (including counties and districts) and apply for provident fund loans for the first time, the loan amount shall not exceed 600,000 yuan; In other cases, the loan amount applied for is not more than 400,000 yuan.
2. The loan amount shall not exceed the prescribed multiple of the deposit balance. That is, the amount of a single loan is determined according to the balance of the deposit account and the deposit time of the housing provident fund. The calculation formula is as follows: loan amount ≤ deposit account balance× (14+deposit period).
3. The monthly repayment amount of the loan shall not exceed 60% of the sum of the income of the borrower and spouse, and the loan amount shall be reduced accordingly.
Extended data:
Provisions on the loan term and method in Notes on Housing Provident Fund Loans:
1, with a maximum loan term of 30 years;
2. When buying a second-hand house that has not been built for more than 20 years, the longest loan period is 20 years, and when buying a second-hand house that has been built for more than 20 years. Maximum loan term 15 years; ?
3. The loan term can cover 5 years after the statutory retirement age of the borrower.
The loan interest rate shall be implemented according to the housing provident fund loan interest rate published by the People's Bank of China. When the state adjusts the interest rate, it will not adjust the interest rate in that year, and the latest interest rate will be implemented from 1 the following year. If a loan contract has been signed and no loan has been made, the latest interest rate will be directly implemented when the loan is made. If a family applies for a provident fund loan for the second time, the loan interest rate is 1. 1 times of the individual housing loan interest rate of the housing provident fund in the same period. The loan interest rate paid to employees in special industries is also adjusted according to the rules stipulated in the contract.
Zhengzhou Housing Provident Fund Center-Notes on Housing Provident Fund Loan