The provident fund calculator is used to calculate the monthly repayment amount (principal and interest) and the total interest to be paid under the provident fund loan model. There are three calculation methods: equal principal repayment, equal principal and interest repayment and free repayment.

First, the calculation method

1. Repayment by average capital

Average capital refers to a repayment method in which the total loan amount is divided into equal parts during the repayment period and the remaining loan is repaid with equal principal and interest every month. In this way, the monthly repayment amount is fixed and the interest is getting less and less. At first, the lender was under great pressure, but as time went on, the monthly repayment amount became less and less. Calculation formula of average capital loan:

Monthly repayment amount = (loan principal/repayment months) (principal-accumulated amount of repaid principal) × monthly interest rate.

2. Equal repayment of principal and interest

Matching principal and interest refers to a repayment method of housing loans, that is, the same amount of loans (including principal and interest) are repaid every month during the repayment period. The monthly repayment amount is calculated as follows: [loan principal × monthly interest rate ×( 1 interest rate) repayment months] ÷ repayment months [( 1 interest rate) repayment months-1].

3. Free repayment method

Free repayment means that when you apply for a housing provident fund loan, the housing provident fund management center gives a minimum repayment amount according to your loan amount and term. In the future, on the premise that the monthly repayment amount is not lower than this minimum repayment amount, you can freely arrange the repayment method of the monthly repayment amount according to your own economic situation.

Second, the loan interest rate.

The benchmark interest rate is generally implemented for the first-home provident fund loan, and the benchmark interest rate for the second-home provident fund loan rises by 10%. The following is the latest benchmark interest rate for provident fund loans (implemented after August 26th, 20 15):

Annual interest rate of 5 years or less: 2.75%

Annual interest rate of loans with a term of more than 5 years: 3.25%

Three. Loan repayment instructions

Provident fund is highly sought after by the majority of lenders because of its low loan interest rate and convenient loan procedures. After buying a house with a provident fund loan, how to repay the loan in advance is a knowledge that many people need to know. There are two ways to repay the loan in advance from the provident fund: full prepayment and partial prepayment:

Borrowers who have issued personal housing provident fund loans and whose loans have not yet expired may use self-raised funds to repay the loan principal in advance. The borrower must repay the loan normally for more than one year before applying for prepayment. Among them, if you apply for partial repayment in advance, the minimum repayment amount for each installment shall be 10000 yuan, which shall not be less than the loan principal and interest of 12 months, and the repayment shall be made at regular intervals.

In addition, borrowers who have paid back normally for more than one year can also withdraw the balance in the housing provident fund account for partial or full repayment, but only once.

Calculation formula of Guiyang provident fund loan amount (with loan amount calculator)

I. Calculation formula of personal housing loan amount of Guiyang housing provident fund

Since 1, April, 20265438, the personal housing calculation formula of Guiyang housing provident fund has been adjusted to: loan amount of housing provident fund = monthly deposit base of loan employees (couples) × 12× repayment ability coefficient (30%)× loan years × deposit balance of loan employees (couples) ×5.

Two, Guiyang city housing provident fund application conditions

Workers who pay housing provident fund can apply for housing provident fund loans if they buy, build, renovate or overhaul their own houses in this city.

To apply for housing provident fund loans, the following conditions shall be met:

(a) the continuous deposit of housing provident fund has reached the statutory time limit;

(2) Having full capacity for civil conduct;

(3) Having the ability to repay the principal and interest of the loan;

(4) Having a good credit record;

(5) Having a house purchase contract or other approval documents that meet the relevant laws and guarantee conditions;

(6) The down payment for house purchase shall not be less than the payable amount calculated according to laws and regulations;

(seven) other conditions determined by the Municipal Provident Fund Management Committee.

Employees who apply for housing provident fund loans shall go through the loan procedures at the city provident fund center in accordance with the norms.

The municipal provident fund center shall make a decision on whether to grant the loan within 15 days from the date of accepting the loan application. If the loan is granted, the entrusted bank shall handle the loan formalities; If the loan is not granted, the reasons shall be explained to the applicant.

List of provident fund loan calculators

Calculate the monthly payment, total interest and total repayment of commercial loans when choosing the repayment method of average capital and equal principal and interest. Tool description 1. Calculate the monthly payment, total interest and total repayment when the average capital and equal principal and interest repayment methods are selected for commercial loans. 2. Short-term loans generally use one-time repayment of principal and interest or installment repayment of principal and interest, and this calculator is not applicable.

Detailed calculation method of provident fund loan calculator

abstract:

The provident fund loan calculator is used to calculate the monthly repayment amount and interest under the provident fund loan method. Different repayment methods have different calculation formulas, mainly including equal principal repayment, equal principal repayment and free repayment. Let's take a closer look.

Provident fund loan calculator-calculation method:

Equal principal repayment:

Average capital refers to a repayment method in which the total loan amount is divided into equal parts during the repayment period, and the same amount of principal and interest generated by the remaining loans in the current month are repaid every month. Because the monthly repayment amount is fixed and the interest is getting less and less, the lender is under great pressure to repay at first, but with the passage of time, the monthly repayment amount is getting less and less. Calculation formula of average capital loan: monthly repayment amount = (loan principal/repayment months) (repaid principal) × monthly interest rate.

Matching principal and interest repayment:

Matching principal and interest refers to a repayment method of housing loans, that is, repaying the same amount of loans (including principal and interest) every month during the repayment period. The calculation formula of monthly repayment amount is as follows: [loan principal × monthly interest rate ×( 1 interest rate )× repayment months] ÷ monthly repayment amount [( 1 interest rate )× repayment months]

Free repayment method:

Free repayment means that when you apply for a housing provident fund loan, the housing provident fund management center will give you a minimum repayment amount according to the amount and duration of your loan. In the future, on the premise that the monthly repayment amount is not lower than this minimum repayment amount, you can freely arrange the repayment method of the monthly repayment amount according to your own economic situation.

Provident fund loan calculator-loan interest rate:

The benchmark interest rate is generally implemented for the first-home provident fund loan, and the benchmark interest rate for the second-home provident fund loan rises by 10%. The following is the latest benchmark interest rate for provident fund loans (implemented after 20 12-6-8):

Annual interest rate for 5 years or less: 4.2%

Annual interest rate of loans with a term of more than 5 years: 4.7%

Borrowers who have issued personal housing provident fund loans and whose loans have not yet expired may use self-raised funds to repay the loan principal in advance. The borrower must repay the loan normally for more than one year before applying for prepayment. Among them, the application for partial repayment in advance, the minimum repayment amount is 10000 yuan each time, and shall not be less than the loan principal and interest amount 12 months, and shall be repaid once a year.

In addition, borrowers who have paid back normally for more than one year can also withdraw the balance in the housing provident fund account for partial or full repayment, but only once.

Summary:

I believe you have understood the provident fund loan calculator. There are two ways to repay the loan in advance: full prepayment and partial prepayment. Because of its low loan interest rate and convenient loan procedures, it has been deeply loved by the majority of buyers. After using provident fund loans to buy a house, how to repay the loan in advance is a knowledge that many people need to know.

(The above answers were published on 20 14-07- 18. Please refer to the actual situation for the current purchase policy. )

Sohu Focus provides you with comprehensive information on new houses, second-hand houses, renting houses and home improvement.

Provident fund loan amount calculator

Provident fund loan calculator is a tool to calculate the monthly repayment amount after using provident fund loans. One-time repayment of principal and interest shall be paid off together with the principal. Matching principal and interest repayment requires fixed monthly repayment. Matching principal and interest repayment is equivalent to matching principal and interest repayment. Average capital repayment method is to amortize the principal every month and pay off the interest from the previous trading day to the repayment date.

Legal basis: Article 32 of the General Principles of Loans.

The borrower shall repay the loan principal and interest in full and on time in accordance with the provisions of the loan contract. The lender shall issue a notice of repayment of principal and interest to the borrower before the short-term loan expires 1 week and the medium-and long-term loan expires 1 month; The borrower shall prepare funds in time and repay the principal and interest on schedule. The lender shall promptly issue a notice of overdue loan collection, and do a good job of overdue loan principal and interest collection. Lenders charge interest on loans that cannot be repaid within the time limit stipulated in the loan contract; If the principal and interest cannot be repaid or cannot be executed, it should be urged to repay or repay according to law. The borrower shall negotiate with the lender when repaying the loan in advance.

How to calculate the housing provident fund loan

Calculation method of personal housing provident fund loan amount

Loan amount calculation formula Loan amount = average monthly balance of the borrower's housing provident fund in the latest year × multiple determined by the deposit period × average monthly balance of the spouse's housing provident fund in the latest year × multiple determined by the deposit period (calculated to 1000 yuan, rounded to 1000 yuan). The average monthly balance refers to the average monthly balance of nearly 12 months when employees apply for personal housing provident fund loans (if it is less than 12 months, it is calculated according to the actual number of months). The multiple of the deposit term is determined on the basis that the deposit term is 4 times less than or equal to 12 months, and the deposit term will increase by 1 times every month, with a maximum increase of 10 times. The specific approved loan amount is determined by comprehensively analyzing the conditions, price, family credit status, repayment ability and other factors of the housing purchased by the borrower according to the relevant national individual housing loan policies and the relevant provisions of provident fund loans.

1. What is the provident fund loan calculator?

For many people, it is difficult to face the economic pressure of buying a house, and the high amount of provident fund loans and low interest rates have undoubtedly become the gospel of many buyers. Then, what is the interest rate of provident fund loans? How can I repay you? The provident fund loan calculator is for people who want to apply for provident fund loans. Provident fund loan calculator is to calculate the amount (principal and interest) to be repaid every month and the total interest to be repaid according to people's different needs. People can check the latest loan interest rates, preferential policies and other information through calculators.

1. Calculation formula of equal principal repayment: monthly repayment amount = (loan principal/repayment months) (principal-accumulated amount of repaid principal) × monthly interest rate.

2. The calculation formula of equal principal and interest repayment is as follows: [loan principal × monthly interest rate ×( 1 interest rate )× repayment months ]÷[( 1 interest rate )× repayment months]

3. Free repayment means that when you apply for a housing provident fund loan, the housing provident fund management center will give you a minimum repayment amount according to the amount and duration of your loan. In the future, you can freely arrange the repayment method of monthly repayment amount according to your own economic situation on the premise that the monthly repayment amount is not lower than this minimum repayment amount.

Note: The specific loan amount of the provident fund is related to the balance of the personal account of the provident fund, as well as the years of deposit, age, total house price, house age, place of purchase, number of family houses and many other factors.