In addition to the money deposited in the account every month, another important function of the provident fund is that it can be used to borrow money to buy a house, and the interest rate is much lower than that of commercial loans. This is an intangible, even huge benefit. Generally speaking, the interest rate of provident fund loans is around 3: 00, which is half cheaper than commercial loans and the same amount. If you can use provident fund loans, the interest and monthly payment may be half less than that of commercial loans.
However, the number of provident fund loans is generally limited, with two loans in some places and 1 in some places. Therefore, to take advantage of this opportunity, it is best to use it to prepare for holding real estate for a long time.
In addition, it also stipulates the amount of provident fund loans, and the excess can be combined with loans. Depending on the city, some are 500,000 yuan, and some are 6,543.8+0,000 yuan. Some couples can borrow more, but it is best to use up this loan amount, because there is a limit on the number of times. For example, if your quota is 500,000, then you can consider a set of loans with a total amount of 600,000 ~ 700,000. 12 ~ 2 10000 yuan down payment (20% or 30%), the remaining 70% or 80% is loaned out and then held for a long time. It is more cost-effective to borrow for 30 years.
2. Use the monthly cash flow of the provident fund.
Generally speaking, there is a time limit for the withdrawal of provident fund. If it is used to repay the mortgage, most of it is withdrawn once a year, and the amount withdrawn is roughly equivalent to the total amount of your loan repayment in one year. If you don't want to accumulate a lot of idle funds in your account, you should either withdraw it once a year to repay the mortgage, or apply for provident fund to offset the loan, that is, the amount you receive every month is given priority to repay the mortgage. If the repayment amount is not enough, you can withdraw it from your other cards, but both operations are based on the premise.
If you don't want to buy a house and want to withdraw the provident fund, you can also apply for withdrawal through renting and decoration. But the zc of each local provident fund center is different. It is best to ask in advance what reasons the local government supports.
3. Private enterprises can negotiate with the company, and the provident fund benefits can be realized directly.
For institutions, institutions and other institutions, generally speaking, employees' provident fund is to be accounted for, and the accounts of units and individuals will be withheld and remitted and stored in the corresponding accounts. However, for private enterprises and employees, if employees negotiate with their bosses, they don't have to pay the provident fund themselves and directly turn the benefits of the provident fund into ready-made wages. Therefore, as long as the boss has no opinion, it is generally more common.
It is not that many employees in private enterprises do not have provident fund, but that these benefits are paid to employees as wages. Especially for those enterprises with high mobility, it is unrealistic and inconvenient to pay long-term provident fund to employees with high mobility.