The calculation of provident fund loans is determined based on four conditions: loan repayment ability, housing price ratio, housing provident fund account balance and maximum loan limit. The minimum value calculated from the four conditions is the maximum loan amount that the lender can amount.

1. The provident fund loan calculation formula based on the loan repayment ability is:

Loan amount = [(the total monthly salary of the borrower or both spouses) the housing of the unit where the borrower or both spouses work Provident fund monthly deposit amount) × loan repayment ability coefficient 40 (monthly loan repayment amount of the borrower or the couple’s existing loan) × 12 (months) × loan term.

The total monthly salary = monthly provident fund payment ÷ (unit contribution ratio individual contribution ratio);

2. The calculation formula for provident fund loans based on house prices is:

Loan amount = house price × loan ratio. The loan ratio is determined according to different types. Generally speaking, if the building area of ??the purchased house exceeds 90 square meters, the loan amount shall not exceed 70% of the purchase price; if the building area is less than 90 square meters, the loan amount shall not exceed the purchase loan amount. 80.

3. Calculated based on the maximum loan amount:

If you use your own housing provident fund to apply for a provident fund loan and meet the application conditions, the maximum limit is 500,000 yuan; if you use your spouse's housing at the same time, If you apply for a provident fund loan and meet the loan application conditions, the maximum loan limit is 700,000 yuan.

4. The provident fund loan calculation formula based on the provident fund account balance is:

The provident fund loan amount = the provident fund account balance of the borrower and the loan participant × 20

For example, a citizen has paid provident fund for more than a year, and the current provident fund account balance is 10,000 yuan. If he wants to apply for a loan with a repayment period of 30 years, what is the maximum loan amount he can borrow?

It is not difficult to calculate using the fourth method. The maximum amount is approximately 10,000 × 20 = 200,000 yuan. If you know the amount of monthly provident fund payments for yourself and your spouse, the period of time you plan to apply for a loan, and the actual purchase price of a house, etc., you may wish to use the provident fund calculator online to calculate the loan amount, which is truly convenient and saves time and effort.

Extended information:

Calculation amount of provident fund loan

1. Calculate the monthly income of yourself and *** the same applicant: monthly income = personal housing provident fund Monthly payment amount ÷ housing provident fund payment ratio;

2. Calculate the maximum loan amount: your family monthly income (referring to the monthly income of both husband and wife, retired employees and their children, etc. Apply together The maximum loan amount is the maximum loan amount.

3. The specific loan amount must also consider the maximum amount of a single loan, the maximum loan amount, the minimum down payment and the credit rating.

Baidu Encyclopedia - Provident Fund Loan Calculation Formula