1. If the borrower normally deposits the housing provident fund, the maximum amount of the provident fund renovation loan is 300,000 yuan. 2. The maximum loan amount for the renovation of housing provident fund for both borrowers and spouses is 500,000 yuan. 3. Workers' families use provident fund loans to buy houses for the first time, with an area of less than 90 square meters (inclusive). If they can claim the first housing certificate issued by the management department, and only the borrower meets the conditions of provident fund loan, if the amount of provident fund decoration loan is less than 300,000 yuan according to the above provisions, it can be calculated as 300,000 yuan. Both husband and wife meet the conditions of provident fund loan, and if the amount of provident fund decoration loan is less than 500,000 yuan according to the above provisions, it can be calculated as 500,000 yuan.
How much can I borrow from the housing provident fund renovation loan?
Personal housing provident fund loan is a special housing consumption loan funded by housing provident fund and distributed to employees who have paid housing provident fund for the purchase, construction, renovation and overhaul of their own houses. Self-owned housing purchased by employees includes commodity housing, affordable housing, private housing, fund-raising housing, rebuild resettlement housing and public housing.
Loan amount:
The formula for calculating the upper limit of the loan amount of provident fund is: the monthly amount of housing provident fund paid by the loan employees ÷ the proportion of housing provident fund paid by the loan employees ×0.45× 12× the actual loanable period of the provident fund decoration loan.
1, which shall not be higher than the proportional loan limit determined according to the total house price. The proportion of the total price of commercial housing is 70%; 60% of the appraised price is the second-hand house with a construction period of less than 5 years, 55% is the second-hand house with a construction period of 6- 10, and 50% is the second-hand house with a construction period of more than 20 years.
2. It shall not be higher than the loan limit determined according to the repayment ability, and its calculation formula is: loan amount = the salary base for the borrower to calculate the monthly deposit of housing provident fund × the repayment ratio of the borrower's monthly income × 12 months× the loan period. The monthly income repayment ratio of the borrower is 50%.
3, shall not exceed 2 times the amount of housing provident fund deposit within the retirement age of the borrowing family members.
4. The maximum loan amount for commercial housing shall not exceed 250,000 yuan, and the maximum loan amount for second-hand housing shall not exceed 65,438+10,000 yuan.
5. The term of all loans shall not exceed the statutory retirement age of the borrower.
For reference only, subject to reality.
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What is the loan amount for renovation of provident fund?
1. To apply for individual housing provident fund loans in China Bank, the amount of provident fund loans is 14 times the balance of the provident fund account, and the following conditions must be met:
(1) The monthly repayment amount (calculated by equal principal and interest or average principal) does not exceed 50% of the applicant's housing provident fund deposit base, which can be accumulated with the applicant's deposit base for * * * times;
(2) The amount of the provident fund loan is not higher than the difference between the total purchase price and the down payment.
(3) Not higher than the maximum amount of a single housing provident fund loan. Individual employees, the maximum amount of a single housing provident fund loan is 500,000 yuan, and the maximum amount of a single housing provident fund loan is 900,000 yuan if the applicant and * * * jointly apply and * * * deposit the housing provident fund in this city.
(4) If the applicant fails to withdraw the housing provident fund for more than three consecutive years before applying for the housing provident fund loan, the loanable amount of the housing provident fund loan calculated by the multiple of the balance of the housing provident fund account may be increased by 10%, but it shall not exceed the maximum amount of a single loan, the monthly repayment ability, and the difference between the total purchase price and the down payment.
The calculation of the final loanable line is subject to the system calculation.
2. Because there are differences in policies and requirements for individual housing provident fund loans in housing provident fund management centers around the country, you need to consult the provident fund loan business outlets in detail or consult the local provident fund management center.
The above contents are for your reference. Please refer to the actual business regulations.
This is the end of the introduction about how much the renovation of provident fund loans will cost and where the renovation money of provident fund loans will go. I wonder if you have found the information you need?