Hello, the provident fund can borrow about 300,000 yuan every month, and the calculation method of the loan amount of the provident fund is different. Need to consult the local provident fund management center.

When applying for provident fund loans, the monthly repayment amount/monthly income shall not exceed 50% (including the sum of the monthly repayment amount of existing liabilities and current liabilities). The calculation formula is: [(total monthly salary of the borrower+monthly housing accumulation fund contribution of the borrower) × repayment ability coefficient-total monthly repayment of the borrower's existing loan ]× loan period (month). Total monthly salary = monthly contribution of provident fund ÷ (unit contribution ratio+individual contribution ratio).

1, the provident fund can be used to buy a house. If you want to borrow money to buy a house, you can apply for a provident fund loan. The low interest rate of provident fund loans can save a lot of loan interest for loan users; If you don't apply for a loan, you can withdraw the provident fund at one time to pay the down payment for the house; In addition, users who have purchased houses through commercial loans can withdraw the provident fund on a monthly basis to repay the loan principal and interest.

2. It can be used to build, rebuild or renovate houses. The depositor of the provident fund may apply for a one-time withdrawal of the housing provident fund if he pays for the housing construction, renovation and overhaul due to the need of building, renovation and overhaul.

3. It can be used for rent. Some urban provident funds can also be used for renting houses. If the monthly rent expenditure exceeds a certain proportion of the family income of the provident fund payer, the provident fund can be withdrawn every month to pay the rent.

4. It can be used to treat major diseases. Family members of the depositor of the provident fund are unfortunately suffering from serious diseases, so they can apply for withdrawing the provident fund to pay medical expenses and reduce the family burden.

5. It can be extracted at one time. The payer of the provident fund leaves his post; Retire; If you live overseas, you can apply for a one-time withdrawal of the provident fund. For retirees, one-time withdrawal of provident fund is a considerable pension.

6. The provident fund is actually a disguised salary increase. No matter how much provident fund the company deducts from your salary, the company will still save you the same amount of money, which is equivalent to a disguised salary increase. In other words, the more you deduct from the provident fund, the more your income will increase. For example, if Xiao Zhang's monthly income is 1 10,000 yuan, the company will pay Li Ming the provident fund according to the deposit base of 1 10,000 yuan. If the local provident fund contribution ratio is 12%, Li Ming will deduct 1200 yuan from his salary every month and deposit it directly into Li Ming's provident fund account. At the same time, the company also needs to pay 1.200 yuan to Li Ming's provident fund account, which means that Li Mingyue's income is more 1.200 yuan.

How much is a 400 provident fund loan for a month?

The provident fund is paid to 400 yuan every month. After 6 months, the account balance is 2,400 yuan, 1 year, 4,800 yuan. You can only apply for tens of thousands of dollars in this account balance. Because the balance of the provident fund account is multiplied by a certain multiple, you will get a loan amount, which is generally more than ten times. Unless the user repays 400 yuan every month and the account balance is tens of thousands, the loan amount will be hundreds of thousands.

What is the calculation formula of provident fund loan?

Loan amount = house price × loan ratio. Among them, the loan proportion is determined according to different types. Generally speaking, if the building area is more than 90 square meters, the loan amount shall not exceed 70% of the purchase price; If the construction area is less than 90 square meters, the loan amount shall not exceed 80% of the purchased loan. Provident fund loan amount = balance of provident fund accounts of borrowers and participants ×20.

What are the repayment methods of provident fund loans?

1. According to the loan contract signed between the loan bank and the borrower, the borrower shall repay the loan on a monthly basis after the loan is issued. There are two specific ways. The borrower can choose: (1) go to the loan bank on June 1-20 to repay the loan principal and interest in cash; (2) Entrust the loan bank to withhold and remit. The borrower and the loan bank sign a loan withholding repayment agreement, Lu Peishu, and apply for a personal repayment savings card. The borrower can deposit the repayment amount for several months at one time, or deposit all the repayment amount in a nearby bank savings office before the 20th of each month, and the bank will directly deduct the loan principal and interest to be repaid from the borrower's savings account.

Data expansion:

The down payment ratio and interest rate of provident fund loans are stipulated by the state, and there is not much room for discussion, while the amount of provident fund loans is greatly influenced by its own factors. By being familiar with the calculation formula of provident fund loans, buyers can adjust the provident fund account in advance before buying a house and increase the payment base, so that they can get more loans when using it, thus saving interest costs.

How much can I borrow from the 400 provident fund every month?

The provident fund is paid to 400 yuan every month. After 6 months, the account balance is 2,400 yuan, 1 year, 4,800 yuan. You can only apply for tens of thousands of dollars in this account balance.

Because the balance of the provident fund account is multiplied by a certain multiple, you will get a loan amount, which is generally more than ten times. Unless the user repays 400 yuan every month and the account balance is tens of thousands, the loan amount will be hundreds of thousands.

Therefore, the longer the provident fund is paid, the better the balance in the account.

Provident fund loans refer to loans enjoyed by employees who pay housing provident fund. According to national regulations, all employees who have paid housing provident fund can apply for individual housing provident fund loans according to the relevant provisions of provident fund loans.

Provident fund loans refer to individual housing provident fund loans, which are issued by local housing provident fund management centers. With the housing provident fund paid by employees who apply for provident fund loans, commercial banks are entrusted to provide mortgage loans to housing provident fund depositors who purchase, build, renovate or overhaul their own houses and retired employees who pay housing provident fund during their employment. According to the regulations, employees who have paid housing provident fund for a certain number of years or more (the number of years varies from city to city, such as 12 months or more in Changsha) can apply for provident fund loans when the funds for purchasing, building, renovating or overhauling their own houses are insufficient.

The loan conditions are: the employees of the unit have signed labor contracts for more than three years (or signed 1 year labor contracts for three consecutive years); Normal continuous monthly housing provident fund deposit exceeds a certain period; Not exceeding the statutory retirement age; The borrower has a stable economic income and the ability to repay the principal and interest; The borrower agrees to handle the mortgage registration and insurance; Provide the guarantee method agreed by the local housing provident fund management center and its sub-centers; At the same time, submit relevant documents required by the bank, such as house purchase contract or house pre-sale contract, real estate license, land use certificate, deposit certificate of provident fund, etc.

Letter of credit clause

1. Only employees who participate in the housing provident fund system are eligible to apply for housing provident fund loans. Employees who have not participated in the housing provident fund system cannot apply for housing provident fund loans.

2. If you participate in the housing provident fund system, you must also meet the following conditions to apply for a housing provident fund personal housing loan: that is, you must pay the housing provident fund continuously for not less than 6 months before applying for the loan. Because, if the employee's behavior of paying housing provident fund is abnormal and intermittent, it means that his income is unstable and he is prone to risks after issuing loans.

3. If one of the husband and wife has applied for a housing provident fund loan, both husband and wife shall not obtain a housing provident fund loan again before paying off the principal and interest of the loan. Because the housing provident fund loan is a kind of "housing security" financial support to meet the basic housing needs of workers' families.

4. When applying for a housing provident fund loan, the loan applicant must have a relatively stable economic income and repayment ability, and there are no other outstanding debts that may affect the repayment ability of the housing provident fund loan. When employees have other debts, it is risky to lend to housing provident fund, which violates the principle of safe operation of housing provident fund.

5. The term of the provident fund loan shall not exceed 30 years. For portfolio loans, the loan conditions of provident fund loans and commercial housing loans must be the same.

How much can 400 yuan borrow from the provident fund every month?

The monthly provident fund loan of 4 million yuan is about 300,000 yuan, and the calculation method of the amount of provident fund loan in each province is different, so it is necessary to consult the local provident fund management center.

Housing accumulation fund refers to the long-term housing savings paid by state organs and institutions, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises and institutions, private non-enterprise units, social organizations and their employees.

nature

(1) security, the establishment of employee housing provident fund system, which provides a guarantee for employees to solve housing problems faster and better;

(2) Mutual assistance, the establishment of housing provident fund system can effectively establish and form mechanisms and channels for employees with housing to help employees without housing, and housing provident fund can help employees without housing in terms of funds, which reflects the mutual assistance of employee housing provident fund;

(3) In the long run, every urban employee must pay personal housing provident fund from the date of joining the work to the time of retirement or termination of labor relations; The employee's unit should also pay the housing provident fund for employee subsidies as required.

trait

(1) universality, urban workers must pay the housing provident fund in accordance with the provisions of the Regulations, regardless of the nature of their work units, family income level and whether they have housing;

(2) Mandatory (policy). If the unit fails to register the deposit of housing provident fund or fails to set up a housing provident fund account for employees, the housing provident fund management center has the right to order it to handle it within a time limit. If no correction is made within the time limit, it may be punished according to the relevant provisions of the Regulations, and may apply to the people's court for compulsory execution;

(3) Welfare, in addition to the housing provident fund paid by employees, the unit has to pay a certain amount for employees, and the interest rate of housing provident fund loans is lower than that of commercial loans;

(4) Retractability: If the employee retires, resigns, or completely loses the ability to work and terminates the labor relationship with the unit, or the household registration moves out and settles abroad, the paid housing provident fund will be returned to the individual employee.