Although there is no obvious upward trend of housing prices in China, ordinary people are still under pressure, so buying a house will require loans, but the interest of ordinary commercial loans is also relatively high, while the interest of provident fund loans will be lower. How much is the interest on the provident fund loan in Malaysia?

1. What is the interest on the provident fund loan?

1.20 15 years1October 24, the adjustment of the interest rate of provident fund loans was implemented. The annual interest rate of provident fund loans for more than five years is 3.25%, and the monthly interest rate is 3.25% divided by 12. The annual interest rate of provident fund loans for less than 5 years is 2.75%. Later, the central bank adjusted the benchmark interest rate of provident fund loans. The annual interest rate of provident fund loans for more than five years is 4%, and the annual interest rate of provident fund loans for less than five years including five years is 3.5%.

2. Matching principal and interest repayment method The calculation method of provident fund loan interest is as follows:

① Monthly repayment amount = [Monthly loan principal interest rate (1 interest rate) repayment months ]/[( 1 interest rate) repayment months]

② Monthly interest payable of provident fund loan = monthly interest rate of loan principal [( 1 interest rate) repayment months -( 1 interest rate) (repayment month serial number-1)] [(1interest rate) repayment months-1]

(3) Monthly repayment principal of provident fund loan = monthly interest rate of loan principal (65438+ 10) (repayment month serial number-1)/[(65438+ 10) repayment months-1]

④ Total interest = repayment months, monthly repayment amount-loan principal.

3. The calculation of the loanable amount of the provident fund needs to be determined according to the repayment ability, real estate price, the maximum loan amount and the balance of the housing provident fund account. The minimum value calculated by combining these four conditions is the maximum loanable amount:

① Calculation of loan capacity: loan amount = [(total monthly salary of borrower or spouse, monthly contribution of housing accumulation fund of borrower or spouse's work unit) repayment capacity coefficient 40%- monthly repayment amount of existing loan of borrower or spouse] 12 (month) loan period. Total monthly salary = monthly contribution of provident fund/(proportion of unit contribution and proportion of individual contribution)

② Housing price calculation: loan amount = housing price loan ratio.

③ Calculation of the maximum loan amount: If only individuals have paid the provident fund, the maximum loan amount is 500,000 yuan. If you and your spouse deposit the provident fund at the same time, the maximum loan amount is 700,000 yuan.

④ Calculation of the balance of the provident fund account: the loan amount of the provident fund = the borrower and the balance of the borrower's provident fund account 20.

Bian Xiao concluded: The above is the article that Bian Xiao shared for you today. How much is the interest on the provident fund loan? I hope the article shared by Bian Xiao can help everyone.

How much is the interest on the civil servant decoration loan?

Civil servant housing provident fund renovation loan interest 2%.

People who have renovation needs and are paying the provident fund can apply for a provident fund renovation loan, and the interest rate is implemented according to the benchmark interest rate stipulated by the central bank. The loan term is within 5 years (inclusive) and the interest rate is 2.75%; The loan term is more than 5 years and the interest rate is 3.25%.

Housing accumulation fund refers to the long-term housing savings paid by state organs and institutions, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises and institutions, private non-enterprise units, social organizations and their employees.

Answer -3 1

What's the interest rate for the renovation loan?

What's the interest rate for the renovation loan?

The interest rate of decoration loan products of banks generally fluctuates on the basis of the benchmark interest rate of the central bank, and different banks set interest according to this system. The annual interest rate of the loan term is about one year or less.

The loan interest rate of decoration loan will also depend on the loan amount and repayment time. Interest rate of bank decoration loan: 6% for short-term loans and medium-and long-term loans from six months (inclusive) to one year (inclusive); Three to five years (inclusive) 6%; Renovation loans for more than five years are loans provided by banks or other financial institutions to individuals for housing renovation, and generally do not require mortgage. Compared with other consumer loans, its amount can be given very high.

/kloc-how much interest does a decoration loan of 0/00000 have for one year?

Assuming that the loan is calculated according to the above loan interest rate, and the repayment method of equal principal and interest is adopted, the loan is 654.38 million yuan, and the repayment period is one year, so the total interest is 5600 yuan.

In addition, we need to remind everyone that according to the regulations of the bank, renovation loans are not allowed to be withdrawn. The bank either directly transfers the money to the account of the decoration company, or the borrower can only spend it at some hardware stores. The special requirements in the house decoration loan are: to have the house renovation contract, decoration budget and related materials signed with the decoration enterprises recognized by the relevant departments.

The above is the sharing of "how much is the interest rate of decoration loan", and I hope it will help everyone!

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How much is the interest on the provident fund renovation loan?

Loan interest rate for renovation of provident fund: the loan interest rate for less than five years (including five years) is 2.75%; The loan interest rate for more than five years is 3.25%.

The loan interest rate of provident fund decoration is implemented according to the loan interest rate of provident fund, which is lower than the bank decoration loan by 1 percentage point on average.

Personal housing provident fund loan is a low-interest housing loan provided by the state for employees. Refers to the borrower who pays the housing provident fund in full and on time. When purchasing, constructing or overhauling the self-occupied housing, he applies to the housing provident fund management center for a housing loan with the housing provident fund as the source of funds, or a third party provides a guarantee for the loan and assumes joint and several liability for repaying the principal and interest.

If there is a real need for decoration at home, you can go to the home purchase guarantee in each district. If you cash out, you can find an acquaintance of the house purchase guarantee company for help, or find a mortgage institution or a lending institution to handle it.

If someone can't sign the property right certificate on the spot, it needs to be notarized, and the notarization will entrust the mortgage of the house and the right to handle the loan to others.

The balance in the provident fund account of the main lender is required to be sufficient, generally 1 of the loan amount, and it shall be deposited continuously for 6 months. Insufficient balance may lead to an increase in processing costs.

Generally, it is required to decorate a house with an area of more than 70 square meters, and TF units can be appropriately relaxed. The age of the house is better within 15 years, and TF units can be appropriately relaxed to 20 years. Failure to meet the above standards will lead to an increase in processing costs.

When handling, TF should shop around, especially the TF of a relatively normal unit. Generally, it is not difficult to apply for provident fund renovation loans. Any intermediary will do, and see which price is more affordable.

At present, the loan amount of provident fund renovation is generally 1 1,000 yuan per square meter, and may be relaxed to 2,000 yuan per square meter in the future. And once it is opened to 2000 yuan per square meter, the handling fee will increase relatively.

Like normal commercial loans, provident fund renovation loans generally require lenders to have a good credit record. In the past, there should not be too many overdue records of credit repayment, otherwise the processing cost will increase.

You can only apply for a new provident fund housing loan after the provident fund decoration loan is paid off, so TF who needs to buy a house in the short term should not easily make a provident fund decoration loan.

In the first two months, you need to deposit cash in the repayment account before you can offset it with the provident fund. After getting the loan, don't take all the money in the account, and leave a repayment limit of at least two months to avoid repayment default.

How much is the interest on the provident fund renovation loan?

Because there are differences in policies and requirements for individual housing provident fund loans in housing provident fund management centers around the country, it is recommended that you consult the local provident fund management center for specific conditions.

The above contents are for your reference. Please refer to the actual business regulations.

I want to know what is the interest rate of renovation loan with provident fund?

Hello, the loan interest rate for renovation with provident fund is 1-5 years. The interest rate of the provident fund loan is: the monthly interest rate is 3.0‰ and the annual interest rate is 3.6%. The interest rate of bank loans is: the monthly interest rate is 3.975‰ and the annual interest rate is 4.77%. The interest rate of provident fund loans for more than 5 years is: the monthly interest rate is 3.375‰, and the annual interest rate is 4.05%; The bank loan interest rate is: 4.2‰ monthly interest rate and 5.04% annual interest rate.

This concludes the introduction of how much interest the provident fund renovation loan and how much interest the provident fund renovation house loan have. I wonder if you have found the information you need?