First, make full use of the provident fund loan amount.

Provident fund loan is a preferential loan policy supported by the state. As long as the loan conditions are met, the provident fund loan amount should be used as much as possible. From the perspective of investment and financial management, loans to buy a house should maximize the use of provident fund loans. 20 18 Some cities relaxed the conditions of provident fund loans, among which the upper limit of housing provident fund loans in 9 counties of Linyi City, Shandong Province was raised from 200,000 yuan to 300,000 yuan from June 1. Lenders should pay attention to the changes of relevant local policies.

Second, use the service life of the provident fund.

Because the interest rate of provident fund loans is lower than that of commercial loans, it is necessary to reasonably set a longer term of provident fund loans and a shorter term of commercial loans in portfolio loans. If the husband and wife are about the same age, the husband can be a lender and apply for a loan for a longer time; If there is a big age gap between husband and wife, let the younger one be the lender and apply for a provident fund loan with a longer term.

Third, reasonably determine the order of provident fund loans.

If you buy the first suite, you can fully enjoy the preferential interest rate policy of provident fund loans in the order of first provident fund loans and then commercial loans. For investors who want to buy a second suite, first buy the first suite with commercial loans, and then use provident fund loans to save interest expenses.

Fourth, reasonably determine the repayment amount.

The repayment method of provident fund loans is extremely flexible. As long as the monthly repayment amount is not lower than the minimum repayment amount, the borrower can determine the repayment amount at will, but the repayment amount should be determined reasonably to avoid excessive pressure on the final repayment.

Fifth, offset the most economical interest rate at one time.

For buyers who have a large balance in the provident fund account and have little pressure on cash expenditure at the initial stage of the loan, they can choose to use all the balance in the provident fund account to offset the loan principal. In this way, the repayment amount of interest will show a decreasing trend, which can help buyers save a considerable amount of money.

Sixth, flexible use of provident fund.

In addition to loans, the provident fund can also be used for the purchase, construction, renovation and overhaul of self-occupied housing. The interest on the provident fund is relatively low. If you don't withdraw, you can only get it when you retire, so try to play its due role.

How many years is provident fund loan cost-effective? Can the elderly over 70 buy wealth management? How to manage money is more appropriate?

How many years is provident fund loan cost-effective?

How long it takes for the housing provident fund loan depends on the total price of the money for buying a house and how much the local housing provident fund management center can allow. There are some subtle differences between the amount of provident fund loans and the interest rate of bank loans in each place.

For example, in some areas, the husband and wife of the provident fund do not exceed 500,000 credit lines, and the husband and wife jointly borrow more than 6,543,800 yuan with a term of 20 years. In reality, 10 is not a good choice, 20 years is plain, suitable for those who don't want to borrow for too many years, or think that 30 years' interest is too much.

For lenders, a 30-year loan line can reduce work pressure on the one hand, and gain profits through price difference and inflation on the other. On the whole, a 30-year provident fund loan is more appropriate. After all, the advantage of provident fund loans is that the loan interest is low and the loan interest pressure is small.

If you have a pure commercial loan, you can choose to change it to a corporate loan. Business-to-public is to convert the completed commercial housing loans into provident fund loans, which can only be applied by employees who have paid the provident fund. The main reason for the transformation is that the interest rate of provident fund loans is relatively low, which can save a lot of interest after the transformation.

Can the elderly over 70 buy wealth management? How to manage money is more appropriate?

1. Diversification: Everyone knows that you can't put eggs in one pocket. Therefore, there must be several ways to develop investment and wealth management, such as real estate, individual stocks and investment and wealth management products.

2. It is very important to invest cautiously: investment should not be blind. As long as we are not sober and cautious at ordinary times and meet good investment opportunities, we will make a lot of money without mercy. Therefore, we have invested a lot of money, but risks have followed.

3. Broaden investment channels: Investment channels must be flexible, master more information content, and let more people allocate funds to some industries with higher profits and less risks. So much practice and thinking will definitely improve your financial management ability.

4. Learn and train the basic theory of investment science: investment science is a science with fixed basic theory as the most advanced research topic. Therefore, we must learn more, improve our investment technology, enhance everyone's investment mentality and core concepts, and let assets quickly form economic benefits.

5. Open source system also needs a throttle valve: when it comes to investment, it is a question of how to open source system. Only by doing a good job and increasing your real salary can you achieve the investment effect. The throttle valve has two sides, so there is no need to overeat.

6. Advocate steady investment: There are various ways to invest and manage money. You must choose a stable one. If it is a guaranteed interest rate or a guaranteed interest rate, it must be determined in advance. Don't choose high-risk investment, investment, wealth management and other commodities.

7. Hold fast to the pulse of the times: If we encounter the problem of how to invest and finance ourselves, we must thoroughly grasp the hot topics in society and make some orderly investments. This is also a long-term problem that must be solved, and we can invest and finance from these aspects.

After buying a house with the provident fund and repaying the loan on schedule, there is still a surplus. Is it prepayment or financial management?

Mortgage is the lowest interest rate loan that ordinary people can get from banks, and provident fund is the lowest interest rate among mortgages. Provident fund loans to buy a house do not need to be repaid in advance at all, and it is more appropriate to have money to manage money directly.

Due to the high interest rate of ordinary loans, it is difficult to obtain high and stable income from financial management, so it is best to choose early repayment to reduce repayment pressure and save more interest. Buying a house with provident fund, the loan interest rate is only 3.20%, even if it rises, it will not exceed 4%. Now many financial management methods can easily outperform the interest rate of provident fund loans.

If you leave the money in your hand, you can make a more valuable investment. If the ability and resources are accumulated to a certain extent, they can also be used for starting a business. Even conservative financial management methods can easily outperform the interest rate of provident fund loans.

Let me briefly talk about conservative but relatively high-yield financial management methods:

1, certificate of deposit

The threshold is high, starting from 200,000 yuan, the annual interest rate of three-year certificates of deposit can reach about 4.20%, and some banks can also pay interest on a monthly basis. If they continue to manage their wealth with interest, the comprehensive rate of return can reach 4.30%.

2. National debt

The first phase of 20 19 national debt has been sold, and the interest rate is the same as 20 18. The annual interest rate is still 4% for three years and 4.27% for five years. Even if the national debt is on sale, young people should not rob the elderly.

3. Bank guaranteed wealth management products or structured deposits.

The principal is safe, the income is floating, and the average rate of return can generally outperform the interest rate of provident fund loans.

4. Three-year deposits of local small banks

Mainly choose rural credit cooperatives, rural commercial banks and rural banks, and deposit tens of thousands of yuan, with an annual interest rate of more than 4%, which is equivalent to the interest rate of large deposit certificates of large commercial banks.

5. Cash management products of private banks

The bottom layer is a five-year deposit, which is protected by the deposit insurance system. It obtains high liquidity through the transfer of income rights, comparable to the baby money fund, and the annualized rate of return can reach more than 4%, with a maximum of about 4.8%.

Since there is a better choice, there is no need to repay in advance. If you manage your money reasonably, you can earn more interest, and it is easier to take out when you need a lot of money.

How about provident fund loan financing? Is it safe?

Mr. Zhou, a citizen, earned RMB 654.38 million. Because the mortgage he handled many years ago has not been paid off, he is considering whether to use the money to pay off the mortgage. In fact, many citizens will encounter such problems. Should they repay their mortgage or invest if they have money? Can you earn back the expected annualized interest rate of mortgage through financial management?

How about provident fund loan financing? Is it safe?

1. Provident fund loans can give priority to investment.

"The difference between commercial loans and provident fund loans is very big, especially in the late one-time repayment. If you use a provident fund loan, because the expected annualized interest rate is low, you can not consider prepayment, and you can use the funds in your hand for investment and wealth management, so the expected annualized expected income can easily exceed the expected annualized interest rate of the mortgage. " Liu Hongtao, wealth consultant of Changchun Private Banking Department of Agricultural Bank of China, said that whether citizens decide to prepay or invest in wealth management depends on whether the expected annualized rate of return on investment is higher than the expected annualized interest rate of loans. For example, the expected annualized interest rate of provident fund loan benchmark is 0, and the expected annualized interest rate of one-year wealth management products of banks can basically reach more than 5%. So in this case, as long as you choose to buy wealth management products, you can get more expected annualized expected returns. Take Mr. Zhou's 6,543,800 yuan as an example. If you choose investment and wealth management products, you can get at least more 500 yuan every year.

It is reported that if people buy commercial loans, they will have to bear the expected annualized interest rate of more than 2%. For example, the benchmark expected annualized interest rate of commercial loans with a term of more than five years is 6.55%, which is 2.05% different from that of provident fund loans.

2. Commercial loans should be planned reasonably.

Bankers said that if it is a commercial loan, there are several aspects to decide whether to prepay. First of all, what kind of investment can idle funds be used for? If it is used for commercial investment, or investment in products with expected annualized expected returns such as trusts, there is no need to consider prepayment at all. Because the use efficiency and expected annualized expected return of such investment funds are significantly higher than housing loans. If this idle fund cannot be invested in varieties with higher expected annualized returns, citizens need to make reasonable planning and comparison.

Professionals suggest buying a certain proportion of bank wealth management products with higher expected annualized income, and calculating the gap between the expected annualized income of wealth management and the expected annualized income of commercial loans. For example, if Mr. Zhou enjoys a 20% discount on the expected annualized interest rate when making a loan, and the actual expected annualized interest rate of the loan is 0, then he can't fully earn back the expected annualized interest rate of the mortgage by investing in wealth management products. This requires a certain proportion of high-risk investment varieties, such as stocks and funds. Under the condition of reasonable operation and continuous holding, this kind of investment can obtain higher expected annualized expected return, so that the total expected annualized expected return of investment exceeds the mortgage. At the same time, professionals remind that working families must invest in high-risk areas under the condition of family financial security, that is, family liquidity should be more than 6 times of monthly income. This fund can be savings or fixed investment. In addition, the allocation of insurance such as education and serious illness is needed.

Let's stop here for the introduction of provident fund loan financing.