According to local conditions
Of course, the provident fund is not how much you want to borrow, and the amount of personal and family loans is different. The maximum loan in Beijing is10.2 million yuan; Shanghai individual: 500,000, family: 1 10,000; Guangzhou individual: 600,000, family: 1 10,000; Shenzhen individual: 500,000, family: 900,000.
But the exact amount you can borrow has to be calculated separately. Suppose 30-year-old Xiao Li works in Guangzhou and pays the provident fund to 600 yuan every month, with a balance of 60,000;
According to the calculation formula of Guangzhou:
Loan amount = balance of provident fund account × deposit amount in August × remaining months before retirement:
60,000× 8600× 360 = 696,000. But in Guangzhou, the maximum personal limit is 600,000, so I only borrow 600,000.
Therefore, local policies are different. Before the loan, it is recommended to call the local provident fund center hotline 12329 for detailed consultation.
There are a thousand hamlets in a thousand people. In any case, there are no two identical leaves in the world. Everyone has different views and opinions, and everyone will have different criteria for judging the same thing.
What is the maximum loanable amount of housing provident fund?
65438+ ten thousand, the maximum amount of common provident fund loans is account balance10,000. If it is less than10,000, it is calculated as10,000, which means that the maximum loan can be10,000, depending on your payment base.
There are also restrictions on the amount of provident fund loans. The general loan amount is determined according to the time we pay and the amount in the provident fund account. The total amount of provident fund loans is generally your monthly deposit multiplied by the total number of months of statutory retirement age, plus twice the balance of the provident fund account.
Housing accumulation fund refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units, social organizations and their employees.
The definition of housing provident fund includes the following five aspects:
(1) The housing accumulation fund is only established in cities and towns, and the housing accumulation fund system is not established in rural areas.
(2) Only on-the-job employees can establish the housing accumulation fund system. Unemployed urban residents and retired workers do not implement the housing provident fund system.
(3) The housing accumulation fund consists of two parts, one part is paid by the employee's unit, and the other part is paid by the employee. After the employee's individual deposit is withheld by the unit, it will be deposited into the individual account of the housing provident fund together with the unit deposit.
(4) The long-term nature of housing provident fund deposit. Once the housing provident fund system is established, employees must be paid continuously in accordance with the regulations during their employment, and shall not be suspended or interrupted except for employees' retirement or other circumstances stipulated in the Regulations on the Administration of Housing Provident Fund. It embodies the stability, unity, standardization and compulsion of housing provident fund.
(5) The housing accumulation fund is a personal housing savings fund specially used by employees for housing consumption expenditure according to regulations, which has two characteristics:
First, it is cumulative, that is, the housing provident fund is not an integral part of employees' wages, and it is not paid in cash. It must be deposited in a special account opened by the housing provident fund management center in the entrusted bank, and special account management is implemented.
The second is special. The housing provident fund is earmarked for special purposes and can only be used for the purchase, construction, overhaul of self-occupied housing or the payment of rent during storage. Only when employees leave, retire, die, completely lose their ability to work, terminate their labor relations with their units or move out of their original cities can they withdraw housing provident fund from their accounts.
According to China's regulations, all enterprises, whether state-owned or private, must deposit and pay housing provident fund for their employees.
How much can the provident fund loan borrow?
The policies in each region are different, so the loan amount is different. Consult the local provident fund center for details.
If it is a Shenzhen housing provident fund loan. The loanable amount of the provident fund loan is 12 times of the balance of all applicants' housing provident fund accounts participating in the quota calculation, and the following requirements are met: the monthly repayment amount (the principal and interest calculated by the equal principal and interest repayment method) shall not exceed 50% of the applicant's housing provident fund deposit base. The loan amount is not higher than the difference between the total purchase price and the down payment. The loan amount is not higher than the maximum amount of a single housing provident fund loan. The applicant has not withdrawn the housing provident fund for more than three consecutive years before applying for the provident fund loan.
Provident fund is the fee paid by the employer to the employees of the company. Mainly used for employees to buy or rent a house. If you don't buy a house, you can withdraw cash, which is always very convenient. When we buy a house, when we use the provident fund to buy a house, not only can we not deduct it, but the amount of our loan is still relatively high. Of course, the amount of provident fund loans should be implemented in accordance with the announcement issued by the local provident fund center. There is no rule that we can borrow as much as we want. However, people with provident fund have less repayment pressure and less pressure to buy a house than those without provident fund, which can be assured.
In addition, our newly graduated students don't have much money, but they have to rent their own houses, live and buy things to eat, so most of them ask their parents for money, but renting a house takes up most of the money in our lives, so if the company pays us the provident fund, even if we rent a house, we can use the money in the provident fund account to deduct it, which can alleviate the life pressure of our newly graduated college students.
What is the amount of personal provident fund loan?
The calculation formula of personal provident fund loan amount is: (monthly contribution × total months of legal retirement age) ×2. How much you can borrow from the 10 thousand provident fund depends on the loan amount of the local housing provident fund. For example; Wang, 25, retired at 65. Currently, the provident fund is being paid. The monthly deposit is 600 yuan, and the balance of provident fund is 1 000 yuan, so the maximum loan can be (60040 1 2 1 000,000) 2 = 596,000 yuan. Can't exceed the local government restrictions.
Legal basis:
"Regulations on the Administration of Housing Provident Fund" Article 16 The monthly deposit amount of employee housing provident fund is the average monthly salary of the employee in the previous year multiplied by the deposit ratio of employee housing provident fund. The monthly deposit amount of housing provident fund paid by the unit for employees is the average monthly salary of employees in the previous year multiplied by the proportion of housing provident fund paid by the unit.
"Regulations on the Management of Housing Provident Fund" Article 21 The housing provident fund shall bear interest at the interest rate stipulated by the state from the date it is deposited in the employee housing provident fund account.
How much can I borrow from the housing provident fund?
Legal analysis: 1. If the employee meets the loan application conditions, the maximum loan amount is 500,000 yuan. If employees and their spouses meet the loan application conditions, the maximum loan limit for each household is 654.38+0 million.
2. The specific loanable amount is comprehensively determined according to the deposit of employee housing provident fund and the loanable amount standard of housing provident fund loans, the status and price of purchased housing, individual repayment ability and credit status.
3 workers housing provident fund loan amount is insufficient, you can apply for housing provident fund portfolio loans. The term, guarantee method and repayment method of commercial loans in portfolio loans should be consistent with provident fund loans.
From 4.201110/0, the loanable amount of employee housing provident fund is calculated according to the monthly average balance of employee housing provident fund account when applying for housing provident fund loan, and the calculation result is rounded to thousands. If the calculation result is higher than 500,000 yuan, it is determined to be 500,000 yuan, which is lower than150,000 yuan. When a loan applicant applies for a provident fund loan, the number of housing units shall be calculated based on the family with the largest number of housing units under the name of the applicant and the family to which the applicant belongs. Finally, the number of existing housing units is determined by the family with the largest number of housing units of the loan applicant's family (family members include both husband and wife and minor children).
Legal basis: Detailed Rules for the Implementation of the Measures for the Administration of Personal Housing Provident Fund Loans.
Article 3 Borrowers refer to employees who meet the conditions of provident fund loans as stipulated in the Measures. There shall be no more than two borrowers for the same provident fund loan. If there are two borrowers, the borrowers should be spouses, or if the immediate family members of the payer and the buyer are not the same person within two generations, they should be spouses or immediate family members within two generations.
When borrowers handle portfolio loans, the borrowers of provident fund loans and commercial loans may not be the same person, but they must be spouses or immediate family members within two generations.
Article 5 Houses refer to: (1) commercial houses; (2) Housing stock; (3) housing reform; (4) Houses without house ownership; (5) self-built housing.
Commercial housing refers to houses developed, built and sold by real estate development enterprises. Stock house refers to the house that has been purchased and obtained the ownership certificate. Housing reform housing is public housing, which refers to the built public housing purchased by urban workers at the standard price or above according to the relevant urban housing system reform policies of the state and local people's governments at or above the county level. According to the purchase, the ownership of the house belongs to the individual employee at the standard price, and the employee owns part of the house, which generally belongs to the individual employee after 5 years. A house without house ownership refers to a house located on military or collective land and unable to apply for a state-owned property right certificate. Self-built houses refer to houses invested and built by individuals.
How much can I borrow from the housing provident fund?
(1) Loan amount
The maximum amount of personal housing loan for housing provident fund is 400,000 yuan, and the personal loanable amount is 25 times of the balance of housing provident fund account;
If the husband and wife jointly participate in the loan, the loan amount issued to the employees and their spouses shall be calculated by adding the individual loan amount, and the total amount of individual housing loans for a single housing provident fund shall not exceed 2 times of the individual maximum amount.
(2) Percentage of loans
If the employee's family deposits the employee to purchase the first set of housing, the maximum loan ratio of the housing provident fund personal housing loan is 80% of the value of the purchased housing;
If the employee's family pays the employee to buy a second house, the maximum loan ratio of the housing provident fund personal housing loan is 60% of the value of the purchased house.
(3) Other quota provisions
1. When an employee's family purchases the first second-hand house, the maximum loan amount is 80% of the lower of the appraised value of the purchased second-hand house and the transaction amount filed by the real estate registration agency;
For the second set of second-hand houses purchased by employees' families, the maximum loan can be 60% of the lower of the appraised value of the second-hand houses purchased and the transaction amount filed by the real estate registration agency;
The amount of the first-hand housing replacement loan shall not exceed the remaining principal balance of the original loan at the time of application; Second-hand housing replacement loans should comply with the provisions of the first-hand housing replacement loans and second-hand housing mortgage loans.
2. The monthly debt paid to the employee's family shall not exceed 50% of the family's monthly income.