Wuhan Provident Fund Loan Amount

The amount of provident fund loan is based on the lowest amount of the following criteria:

1. Not higher than the loan limit determined by the borrower's ability to repay the loan. The formula is: the sum of the monthly contribution base of the housing provident fund of the borrower and his/her spouse (or one unmarried child) x 40% x 12 x the number of years of borrowing.

2, the purchase, construction, renovation and overhaul of the first set of ordinary self-owned housing, set construction area of 90 square meters (including) below, the loan amount is not higher than 80% of the total price, set construction area of more than 90 square meters, the loan amount is not higher than 70% of the total price; purchase, construction, renovation and overhaul of the second set of ordinary self-owned housing, not higher than 40% of the total price. The total price of the purchase and construction of well-decorated houses does not include the cost of interior decoration.

3. If the borrower and his/her spouse (or an unmarried child) are eligible for the loan, the maximum amount is 400,000 yuan each, and can be relaxed to 100,000 yuan if it is less than 100,000 yuan; if only one person is eligible for the loan, the maximum amount is 200,000 yuan each, and can be relaxed to 50,000 yuan if it is less than 50,000 yuan.

4. The housing fund loan amount plus the withdrawal amount shall not exceed 80% of the total purchase price.

5. The cumulative loan amount does not exceed the loan limit calculated in accordance with the current housing provident fund loan policy.

Legal basis: "Housing Provident Fund Management Regulations" Article 2 of the Regulations shall apply to the Chinese people *** and the territory of the housing fund deposit, withdrawal, use, management and supervision. The housing fund referred to in these regulations, refers to the 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 (hereinafter collectively referred to as the unit) and their employees in the long-term housing reserves.

Wuhan Provident Fund Loan Interest Rate

I. Interest Rate for Purchasing the First Home and Applying for a Provident Fund Loan

1. For a loan period of 1-5 years, the interest rate is 2.6% per annum;

2. For a loan period of 6-30 years, the interest rate is 3.1% per annum. The annual interest rate is 3.1%.

The interest rate for CPF loans for the purchase of a second home

1. For a loan period of 1-5 years, the interest rate is 3.025% per annum;

2. For a loan period of 6-30 years, the interest rate is 3.575% per annum.

Note: If the national interest rate is adjusted during the loan period, the interest rate of the issued provident fund loan will not be adjusted within the year, and will be adjusted according to the corresponding interest rate bracket on January 1 of the next year.

According to the provisions of the People's Bank of China on the lowering of the interest rate on the first set of individual housing provident fund loans, we hereby notify the following matters relating to the adjustment of interest rates on housing provident fund loans:

It is hereby notified that since October 1, 2022, the interest rate on the first set of individual housing provident fund loans will be adjusted downward by 0.15 percentage points, and the interest rate on the first set of individual housing provident fund loans for less than five years (including five years) will be adjusted from 2.75% to 2.6%, and the interest rate for the first individual housing provident fund loan of more than five years from 3.25% to 3.1%. The interest rate policy for second individual housing provident fund loans remains unchanged, i.e. 3.025% for loans up to and including five years and 3.575% for loans over five years.

II. The interest rate for the first set of personal housing provident fund loans issued after October 1, 2022 (inclusive) will be implemented according to the adjusted personal housing provident fund loan interest rate.

3. The interest rate for the outstanding first set of individual housing provident fund loans issued before October 1, 2022 will be implemented at the adjusted interest rate of the corresponding tranche from January 1, 2023 onwards, while the interest rate for the second set of individual housing provident fund loans will remain unchanged.

How much can a Wuhan provident fund loan be

Wuhan provident fund loans for the first set can be loaned 900,000 yuan, the second set can also be loaned 700,000 yuan, and a *** can be loaned 1.6 million yuan! According to the new policy of Wuhan Provident Fund, the maximum amount has been increased, the details are as follows:

1, the paid employee family using housing provident fund loans to buy the first set of ordinary owner-occupied housing (including business to public), the maximum loan amount of 900,000 yuan

2, the purchase of the second set of improvement of owner-occupied housing, the maximum amount of the loan is 700,000 yuan.

Wuhan second suite provident fund loan policy what

Many people have saved some savings, will be used to purchase a home, we all know that the purchase of the first suite can enjoy a lot of benefits, but if you are buying a second suite, need to be in accordance with the implementation of the policy of the purchase of a second suite,hollister france, then Wuhan second suite provident fund loan policy what is it? What is the standard of the second suite? Follow the editorial below to take a look at it!

A, Wuhan two suite provident fund loan policy which

In Wuhan, the use of housing provident fund to buy two sets of housing, the maximum loan ratio for the total price of the house of forty percent, and two suites of housing provident fund loans for a maximum amount of five hundred thousand yuan, and canceled the housing provident fund loan deduction provisions, that is to say, the buyer to apply for a housing provident fund loan again without having to The first time, the amount of housing fund loan has been used to deduct.

Two, what is the standard of the second suite

1, if the buyer has two suites under the name of the loan record, and a set of housing loans have been repaid, but another set of housing short of money is still in the stage of repayment of the loan, and apply for a loan to buy a house, it will be recognized as a suite of more than two, if the loan to buy a house and the loan has been repaid, and apply for a loan to buy a house counts as a suite of first suite.

2, if one of the husband and wife used a commercial loan to buy a house before marriage, and the other used a housing fund loan to buy a house before marriage, the two applied for a loan to buy a house in the name of the husband and wife after marriage, in the case of the loan has not been paid off is considered the first suite, if the loan has been repaid, the bank will be based on the creditworthiness of the lender and the ability to adjust the proportion of the downpayment and the loan interest rate.

3, ready to get married but did not do the marriage registration formalities, one party has a housing in the name of the loan has not been paid off, the other party does not have a property in the name of the name of the loan record, two people together to buy housing, even if it is no loan record of a party to apply for a loan, but the two people for the homeowners, so the purchase of housing will be regarded as a second set of housing.

Summary: Wuhan two suites of provident fund loan policy what the relevant content is introduced to you here, I hope to be able to help friends in need. Before you buy a house, you must understand the local home purchase policy, and in accordance with the provisions of the relevant procedures, so as not to affect the smooth progress of the home purchase process.

Wuhan provident fund to buy a house policy what

From the current point of view, most companies will pay for the employees of the provident fund, for the future loan to buy a house, the interest rate is much lower than the commercial loan, so this is considered to be the work of a big welfare, of course, if you do not want to use it to buy a house, but also can be a one-time take out,hollister france. So in Wuhan this area, provident fund to buy a house policy what? The following is to go with the editor to see it.

Wuhan provident fund to buy a house policy what

In the region if we are using this way to buy a house, the first suite of the maximum loan amount can reach 700,000 yuan, and the second set of the maximum amount of 500,000 yuan; at the same time, it is also canceled provident fund personal housing loan "deduction" provisions, that is, the employee family again Apply for a provident fund loan, no longer deduct the first has been used by the amount of provident fund loans; in addition to the previously accepted provident fund personal housing loans are still implemented in accordance with the original policy, May 1 from the acceptance of the provident fund personal loans in accordance with the implementation of the new policy.

Public Provident Fund loan object

In accordance with the relevant provisions of the show, the employee paid the Wuhan Provident Fund, and continuous normal deposit 6 months; in addition to the employee's personal housing provident fund deposit account opening time from the time of the loan application for a period of 180 days.

Provident fund loan conditions

Borrowers must have legal identity documents, but also should have full capacity for civil behavior, while the borrower and his or her spouse have a good credit record, in line with the provident fund loan audit criteria; a stable economic income and the ability to return the principal and interest of the provident fund loan in a timely manner; there is a real behavior of the purchase of a home, and in addition to the housing commercial loans to housing provident fund loans. The purchase behavior generally occurs in less than a year; the purchased housing ownership is clear, the procedures are legal and complete and there is no law.

What are the provident fund loan information

One, the new house

1, the borrower's husband and wife ID card, the original household register and copies;

2, the original certificate of marital status and copies;

3, the original contract of purchase and the down payment receipts and copies;

4, the lending bank required to submit the other supporting materials.

These documents will be submitted to the lending bank for verification.

Two, second-hand houses

1, husband and wife's ID card, the original household register and photocopies;

2, the original certificate of marital status and photocopies;

3, the original Certificate of House Ownership and the Certificate of State-owned Land Use and photocopies;

4, the Wuhan City, the inventory of housing contract for sale;

5, the certificate of housing appraisal issued by the management center recognized housing appraisal agency;

5, by the Housing Valuation Report issued by a housing appraisal institution recognized by the Management Center;

6. Other supporting documents required by the Management Center and the trustee bank.

Summary: Well, the above is the content of the Wuhan provident fund to buy a house policy has introduced, I hope to provide you with some help, I believe that in the future in the Wuhan provident fund to buy a house policy has the understanding of the process, the friends will be more comfortable, to get their own satisfaction with the answer.