First, the impact of provident fund deposit on loans.
For buyers who use provident fund loans, the continuous deposit record of provident fund is an important basis for banks to approve loans. Once the provident fund is paid off, it will directly affect the loan application of buyers. Specifically, failure to pay the provident fund may lead to a decrease in the loan amount, an increase in the loan interest rate, and even a rejection of the loan application.
Second, the impact of provident fund payment on repayment.
For buyers who successfully apply for provident fund loans, the payment of provident fund will also have an impact on repayment. During the repayment period, if the provident fund is paid off, the bank may require buyers to provide other repayment sources, or cancel the original provident fund repayment concessions, thus increasing the repayment pressure of buyers.
Third, the impact of provident fund withdrawal on provident fund withdrawal
In addition to affecting loans and repayment, the withdrawal of provident fund may also affect the withdrawal of provident fund by property buyers. In the case of buying a house, decorating, renting a house, etc. Buyers may need to withdraw the provident fund. However, if the provident fund is paid off, it may cause buyers to be unable to withdraw the provident fund, or the withdrawal amount is limited.
To sum up:
After buying a house, the rupture of the provident fund will have many influences on the buyers, including loan application, repayment pressure and withdrawal of the provident fund. Therefore, property buyers should ensure the continuous deposit of provident fund after buying a house to avoid unnecessary troubles and losses caused by failure to pay the provident fund.
Legal basis:
Regulations on the administration of housing provident fund
Article 15 stipulates:
Units employing employees shall, within 30 days from the date of employment, go to the housing provident fund management center for deposit registration, and go through the formalities for the establishment or transfer of employee housing provident fund accounts.
Where a unit terminates the labor relationship with its employees, it shall, within 30 days from the date of termination of the labor relationship, go to the housing provident fund management center for change registration, and go through the formalities of transferring or sealing the employee housing provident fund account.
Regulations on the administration of housing provident fund
Article 24 provides that:
In any of the following circumstances, the employee may withdraw the storage balance in the employee housing provident fund account:
(a) the purchase, construction, renovation and overhaul of owner-occupied housing;
(2) retirement;
(three) completely lose the ability to work, and terminate the labor relationship with the unit;
(4) Having left the country to settle down;
(five) to repay the principal and interest of the owner-occupied housing loan;
(six) the rent exceeds the prescribed proportion of family wage income.
In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time. If an employee dies or is declared dead, the employee's heirs and legatees may withdraw the storage balance in the employee's housing provident fund account; If there is no heir or legatee, the storage balance in the employee housing provident fund account shall be included in the value-added income of the housing provident fund.