Provident fund loan amount refers to the maximum loan amount that an individual can apply for when using provident fund loans. Only employees who have permanent residence in local cities and towns, have established the housing provident fund system for more than 2 years, and have paid the housing provident fund according to regulations can enjoy the provident fund loan when the funds for purchasing or building houses or renovating or overhauling their own houses are insufficient.
Housing provident fund loan amount:
Provident fund loan amount refers to the maximum loan amount that an individual can apply for when using provident fund loans. Only employees who have permanent residence in local cities and towns, have established the housing provident fund system for more than 2 years, and have paid the housing provident fund according to regulations can enjoy the provident fund loan when the funds for purchasing or building houses or renovating or overhauling their own houses are insufficient. The calculation of provident fund loan amount should be determined according to four conditions: repayment ability, proportion of house price, balance of housing provident fund account and maximum loan amount, and the minimum value calculated by the four conditions is the maximum loanable amount of the borrower.
The calculation method of gold loan amount is as follows:
(1) Loan amount calculated according to repayment ability,
(2) According to the amount used by the spouse, the repayment ability coefficient is 40% of the total monthly salary = the monthly contribution of the provident fund ÷ (unit contribution ratio and individual contribution ratio).
(3) The calculation method of loan amount based on house price is as follows: loan amount = house price × loan ratio.
(4) the loan amount calculated according to the maximum loan amount