The interest rate of housing provident fund will be reduced from 4.5% to 4.25, and the monthly repayment will reduce a lot of money.
The current interest rate of provident fund loans was adjusted and implemented on July 6, 20 12. The loan interest rate of provident fund for more than five years is 4.50%, and the monthly interest rate is 4.50%/ 120000, 180 months. Monthly repayment amount: 200,000 * 4.50%/12 * (1+4.50%/12)180/[(1+4.50%//kloc-)