What is the interest rate for provident fund loans?
1. Since the provident fund loan interest rate has not been adjusted in 2013, the loan interest rate of existing provident fund loans in 2014 will not change. If it is a new provident fund loan in 2014, the interest rate when the loan is issued shall prevail. At present, the latest provident fund loan interest rate is 4.5 for a term of less than 5 years (inclusive) and 4.5 for a term of more than 5 years. The first home loan will be based on the benchmark interest rate, and the second home loan interest rate will be 10% higher than the benchmark.
2. Provident fund loan interest rate: The current provident fund loan interest rate was adjusted and implemented on March 1, 2015. The provident fund loan interest rate for more than five years is 4, and the monthly interest rate is 4/12. The provident fund loan interest rate for five years and below is 4/12. The interest rate is 3.5 per annum, which is the same across the country.
3. Commercial loans: (1) The loan interest rate is related to the purpose of the loan, the nature of the loan, the loan term, the loan policy, different lending banks, etc. The state stipulates the benchmark interest rate, and each bank determines the differential loan interest rate based on various factors, that is, it floats up or down based on the benchmark interest rate. The current benchmark interest rate was adjusted and implemented on July 6, 2012. The types and annual interest rates are as follows: ① Short-term loans for six months (inclusive) 5.6; ② Six months to one year (inclusive) 6; ③ One to three years (inclusive) ) 6.15; ④ Three to five years (inclusive) 6.4; ⑤ More than five years 6.55. (2) The bank loan interest rate is based on a comprehensive evaluation of the credit situation of the loan. The loan interest rate level is determined based on the credit situation, collateral, national policies (whether it is the first home), etc. If the evaluation is good in all aspects, it will be implemented by different banks. Mortgage interest rates vary. In 2011, due to financial constraints and other reasons, some banks implemented first-home loan interest rates of 1.1 times or 1.05 times the benchmark interest rate. Since 2012, most banks have adjusted first-time home interest rates to benchmark interest rates. In early April, banks began to implement preferential interest rates for first home loans. The maximum discount on interest rates of some banks can reach 15% off. The interest rate after a 15% discount for a period of more than five years is 6.550.85=5.5675. It has been tightened since the third quarter and early 2013 due to tight capital supply and insufficient credit funds. The interest rate for a first-time home is generally between the base interest rate and 15% off.
What is the interest rate for provident fund loans? The new provident fund loan interest rate in 2013
The new provident fund loan interest rate will be implemented across the country on January 1, 2013. I will introduce to you what the provident fund loan interest rate is, the new provident fund loan interest rate policy and the 2013 provident fund loan interest rate. New provident fund loan interest rates.
Starting from January 1, 2013, the new provident fund loan interest rate will be implemented across the country. I will introduce to you what the provident fund loan interest rate is, the real-time policy of provident fund loan interest rate, and the real-time provident fund loan interest rate in 2013.
Overview of provident fund loan interest rates
Provident fund loan interest rates refer to the purchase of new houses, second-hand houses or self-built houses by current employees who have paid housing provident funds and retired employees who have paid housing provident funds during their employment. When waiting for real estate, the loan interest rate that should be paid for paying the house price using a housing provident fund loan.
Provident fund loan interest rate regulations
Housing provident fund loan interest rates are implemented in accordance with relevant national regulations. If the loan period is within one year, the contract interest rate will be applied. In case of adjustments to the statutory interest rate, interest will not be calculated in stages. ; If the loan term is more than 1 year, if the statutory interest rate is adjusted, the new interest rate will be implemented according to the corresponding interest rate grade starting from the beginning of the next year.
Note: The maximum loan period shall not exceed 30 years. When applying for a portfolio loan, the loan terms of the provident fund loan and the commercial housing loan must be consistent.
Real-time policy on housing provident fund loan interest rates
Housing provident fund personal loan interest rates are implemented in accordance with relevant national regulations. According to Jianjin [2012] No. 88 "Notice on Adjustment of Interest Rates for Housing Provident Fund Deposits and Loans": The relevant matters regarding the adjustment of interest rates for housing provident fund deposits and loans are hereby notified as follows:
1. From June 8, 2012 Starting from today, the interest rate on individual housing provident fund deposits will be lowered.
The interest rate on personal housing provident fund deposits collected that year was reduced by 0.10 percentage points, from 0.50 to 0.40; the interest rate on personal housing provident fund deposits carried forward from the previous year was reduced by 0.25 percentage points, from 3.10 to 2.85.
2. Starting from June 8, 2012, the interest rate on personal housing provident fund loans will be reduced.
The interest rate for personal housing provident fund loans with a term of more than five years is reduced by 0.20 percentage points, from 4.90 to 4.70; the interest rate of personal housing provident fund loans with a term of less than five years (including five years) is reduced by 0.25 percentage points, from 4.45 to 4.45 4.20.
3. Starting from June 8, 2012, in cities that carry out pilot projects to use housing provident fund loans to support the construction of affordable housing, the loan interest rate will be increased by 10% from the interest rate for personal housing provident fund loans with a term of more than five years.
4. Real-time housing provident fund deposit and loan comparison table
Real-time provident fund loan interest rate list in 2013
First home provident fund loan interest rate in 2013
4.5. In 2013, the provident fund loan interest rate was the first set of 4.5. In 2015, the provident fund loan interest rate for more than five years was adjusted and implemented at 3.25. The monthly interest rate was 3.25/12. The provident fund loan interest rate for five years and below was annual. Interest rate 2.75. A simple and popular understanding of a loan is borrowing money that requires interest. Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must be returned.
What is the interest rate of housing provident fund loans?
The interest of housing provident fund is calculated in two batches - the interest paid in the current year is calculated on a current basis, and the interest carried forward from the previous year is calculated on a three-part basis. Interest is calculated on deposits and withdrawals.
The operation methods may differ in different regions, but generally speaking, the interest in the housing provident fund account will not be higher than the interest on one-year time deposit.
We can know that: the interest on the housing provident fund paid in the current year is calculated on a current basis, and the interest on the housing provident fund carried forward from the previous year is calculated on the basis of three-month deposits. From the numerical example calculations of Hualu.com, we know that the interest rate of housing provident fund is relatively low, especially incomparable with other financial products. However, as an employee protection policy, the housing provident fund also has a strong welfare aspect.
This concludes the introduction to provident fund loan interest rates in 2013 and whether provident fund loan interest rates are high. Have you found the information you need?