How does this housing provident fund play a loan role? For example, you will understand that if a person pays 1 ,000 yuan of provident fund every month, the money paid by the enterprise is also 1 ,000 yuan. That month, he put 2000 yuan of housing accumulation fund into his account, which is 24000 yuan a year. After working for a year, he has so much money, and then the local housing provident fund loan ratio is 10, and he can borrow 240 thousand, and in some places it is 20 times, and he can borrow 480 thousand, so he can use this money to incite more money because the interest rate of housing provident fund loans is lower.
The loan interest rate of housing provident fund is 2.75 within five years, and 3.25 for more than five years. The maximum housing loan is 500,000, the maximum housing loan for husband and wife is 800,000, and in some places it is 600,000. Of course, there is no special difference. If it is in some third-tier cities and ordinary small counties, the quota of 500,000 to 600,000 can basically meet everyone's needs, but it is not enough in many first-tier cities and second-tier cities. Naturally, we can only choose a combination of commercial loans, that is, part of the provident fund and part of the commercial loans provided by banks.
Can this housing provident fund be withdrawn after it is used up? For example, in the above example, he worked for 10 years, with 240,000 yuan in it, but the local leverage was 10 times. With only 60 thousand yuan, he can borrow 600 thousand Then the remaining money can be taken out in advance, and the remaining 60,000 yuan can be used for provident fund loans. You can even choose to withdraw it every month and then repay the housing provident fund loan. It is also possible.