Total loan: 200,000 yuan.
Number of repayment months: 240 months.
Monthly repayment: 1 134.39 yuan.
Total interest paid: 72,253.97 yuan.
Total principal and interest: 272,253.97 yuan.
At present, the provident fund loan for more than five years is 3.78%, and the monthly payment for 20 years is 200,000 yuan 1.200 yuan.
If your provident fund is not deducted enough, you can prepare another account as a repayment account and deposit the insufficient money on time every month. The bank will automatically transfer money from there then.
For example, if your provident fund account is 500 yuan, the bank will deduct 500 yuan from the provident fund account and 700 yuan from your own account every month. Provident fund accounts can apply for monthly repayment.
1200 is the sum of principal and interest, and no other fees are needed.
Extended data:
Matters needing attention in provident fund loans
1, no bad repayment record;
2. Apply for the consent of the original loan bank;
3. The ownership certificate of the house involved in the transfer of the provident fund loan should have been issued, and the mortgage formalities can be handled;
4. The loan amount transferred to the provident fund loan shall not exceed the remaining loan principal of the original commercial loan, and shall not exceed 60% of the original purchase price of the house and the low appraisal value of the house;
5. The balance of the original loan exceeds the amount of the loan transferred to the provident fund, which will be raised by the new borrower (or borrower) and used together with the loan transferred to the provident fund to repay the original loan in advance.
If you just applied for a commercial loan and want to apply for a provident fund loan, can a commercial loan be converted into a provident fund loan? Call Chengdu Provident Fund Management Center for consultation on this issue. If the commercial housing loan is still in the application process, you can cancel the application for commercial loans and apply for housing provident fund loans instead, but only after the commercial housing is capped can you successfully apply for loans. If the buyer's commercial loan has been successfully applied, it cannot be transferred to the provident fund loan.
Although Chengdu has not yet implemented commercial loans to provident fund loans, Ningbo, Nanjing, Guiyang, Fuzhou, Putian, Dongguan and other cities across the country have begun to implement commercial loans to provident fund loans to ease the pressure on buyers. Then why didn't Chengdu, which has been at the forefront of provident fund operation, open the channel of "business to public"? According to industry analysis, under the current sales pressure, almost all the buildings capped in Chengdu accept provident fund loans, and the utilization rate of provident fund is higher than that of the above cities. There is no need to open a "business-to-business" channel for the time being.
Information link: provident fund loan-Baidu Encyclopedia