After the purchase of a house loan, if the repayment is normal, you can withdraw the provident fund of both husband and wife (part paid by individuals and part paid by units) to repay the loan principal and interest (including commercial mortgage loans).
There are usually two extraction methods:
1. Withdraw all the balance in the provident fund account to repay the loan principal (there must be a certain balance in the account, which varies from place to place). After repaying the principal, the loan principal will be reduced, and the total interest will also be reduced. Monthly payment or fixed number of years will be recalculated: if fixed number of years is selected, monthly payment will be reduced after recalculation; If the monthly payment remains unchanged, the repayment period will be reduced. Then you can choose.
2. After withdrawing the provident fund, it will be "associated" with your repayment card. For example, if you make a monthly payment of 2,000 yuan, and withdraw 20,000 yuan, you will be associated with the repayment card. After 10 months, there is no need to deposit money in the card, and the loan will be repaid with the money from the provident fund.
Second, can the personal part handed over by the company be refunded?
Yes, the housing provident fund paid by individual employees and the housing provident fund paid by the unit should be stored in special accounts and owned by individual employees.
According to the provisions of Article 24 of the Regulations on the Management of Housing Provident Fund, employees can withdraw the storage balance in their housing provident fund accounts in any of the following circumstances:
1, purchase, build, renovate and overhaul owner-occupied housing;
2. Repay the principal and interest of the loan for the purchase and construction of owner-occupied housing;
3. Renting self-occupied housing, and the rent exceeds a certain proportion of family wage income;
4. Retired;
5. Go abroad to settle down;
6. The employee dies or is declared dead;
7. Enjoy the urban minimum living guarantee;
8, completely or partially lose the ability to work, and terminate the labor relationship with the unit;
9. Other circumstances stipulated by the CMC in accordance with relevant laws and regulations.
Summary: Article 25 of the Regulations stipulates that if an employee withdraws the storage balance in the housing provident fund account, it shall be verified by his unit and a certificate of withdrawal shall be issued. Workers apply to the housing provident fund management center for withdrawal of housing provident fund with the withdrawal certificate. The housing provident fund management center shall, within 3 days from the date of accepting the application, make a decision on whether to approve or disapprove the withdrawal, and notify the applicant; If the withdrawal is approved, the entrusted bank shall go through the payment procedures.
housing accumulation fund
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.
20 1 1 The Ministry of Housing and Urban-Rural Development, together with other departments, is studying the revision of the provident fund regulations and liberalizing the provision that individuals withdraw the provident fund to pay housing rent. 20 13 some cities have introduced measures to allow employees suffering from major diseases or their immediate family members to withdraw provident fund for emergency.
20 14 Three departments issued a document to cancel the housing accumulation fund, individual housing loan insurance, notarization, new house evaluation and compulsory agency guarantee, so as to reduce the burden on loan workers.
20 15 "regulations on the management of housing provident fund (revised draft for comments)" proposes that the contribution ratio of housing provident fund for employees and units shall not be lower than 5% and higher than 12%. From February 2, 2006 to February 0, 2006, the deposit interest rate of employee housing provident fund account was adjusted to be based on the one-year fixed deposit benchmark interest rate, and the increased interest rate was 1.50%.
From July 20 17 1 7, all housing provident fund management centers across the country will handle the transfer and connection of housing provident fund in different places through the platform according to the requirements of the National Operating Rules for the Transfer and Connection of Housing Provident Fund in Different Places issued by the Ministry of Housing and Urban-Rural Development. All housing provident fund management centers in China will be "networked" and handle the transfer and connection of housing provident fund in different places through a unified platform. According to incomplete statistics, more than 20 cities such as Beijing, Shanghai, Fuzhou and Guangzhou have been connected to the national housing provident fund transfer and connection platform.
On May 5, 20 18, Beijing Housing Provident Fund Management Center issued the Notice on Cancelling the Copy of Identification Materials as a Requirement for Withdrawing Housing Provident Fund and Handling Loan Business.
References:
Housing accumulation fund Baidu encyclopedia