If you pay the housing provident fund continuously for more than half a year, you can use the housing provident fund to repay the housing loan. You can apply to the accounting department of the unit for withdrawal of provident fund with your ID card, household registration book, marriage certificate, purchase contract and payment. Provident funds can be used to repay loans every month. You can also withdraw the balance of the provident fund from the housing provident fund account and repay the loan at one time. Many people repay their loans in this way after retirement. You can also withdraw the balance of the provident fund account and repay the loan in advance.
Measures for the return of housing provident fund to housing loans
1. One-time repayment method.
You can withdraw the full amount from the housing provident fund account and repay the loan at one time. Most retired people will take this way to repay their mortgages. If there is still room payment after repayment with the balance of provident fund, it can be recalculated according to the remaining loan and repayment period to determine the monthly repayment amount in the future.
2. Stop lending for several months.
Withdraw the balance of the provident fund account for mortgage repayment. After repaying the loan in advance, the lender may stop lending for several months. After the repayment stop time expires, the lender needs to continue to repay on a monthly basis. The interest owed during the suspension period is not subject to penalty interest or compound interest, and will be deducted from the monthly repayment after the suspension period expires.
3. Monthly repayment method.
Withdraw the amount from the housing provident fund account on a monthly basis to repay the housing provident fund. When the balance of the housing provident fund account is insufficient, the account amount shall be replenished in time.
If you are still in the process of repayment of the provident fund, but the deposit of the provident fund is suddenly interrupted, you should pay back the unpaid provident fund in time. If the housing provident fund account needs to be transferred to a new unit, it must be completed within three months, and the original procedures should be provided to prove the job transfer.
Although the housing provident fund can help employees solve a variety of housing-related monetary needs, the balance of the housing provident fund account cannot be used to pay the down payment. Before handling the housing provident fund loan process, it is necessary to provide the management core with a down payment transfer receipt. After completing the housing provident fund loan process, you can apply to the local housing provident fund management core for withdrawing the balance in the account with certificates such as real estate license, commercial housing sales contract, mortgage contract, price contract, repayment details and ID card.
Buyers who use the housing provident fund for personal housing loans, housing portfolio loans or commercial housing loans may apply for repayment of the provident fund. The spouse and immediate family members of the purchaser can repay the loan with their own provident fund.
Housing accumulation fund is a monetized form of housing subsidies for residents by the state, which is paid by employees themselves and their work units. The core of housing provident fund management is to entrust banks with fund management and lending. Housing accumulation fund is both strange and familiar to many people. We pay the provident fund every month, but many people are still useless. From the perspective of financial management, we should not only give play to the function of repaying mortgage with provident fund, but also tap the functions of accumulation of provident fund savings and pension supplement.
Provisions on provident fund loans vary from place to place. Please consult the local provident fund management center for specific procedures.
How to pay the provident fund and mortgage?
One-time repayment method: withdraw the balance of provident fund from the housing provident fund account and repay the loan at one time.
2. Stop repaying the loan for several months, withdraw the balance of the provident fund account and repay the loan in advance. After repaying the loan in advance, the lender may stop lending for several months.
3. Monthly repayment method: directly withdraw the provident fund from the provident fund account for repayment every month. When the amount of housing provident fund withdrawn is insufficient, the lender shall make up the repayment amount in time.
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One-time repayment method: withdraw the balance of provident fund from the housing provident fund account and repay the loan at one time.
2. Stop repaying the loan for several months, withdraw the balance of the provident fund account and repay the loan in advance. After repaying the loan in advance, the lender may stop lending for several months.
3. Monthly repayment method: directly withdraw the provident fund from the provident fund account for repayment every month. When the amount of housing provident fund withdrawn is insufficient, the lender shall make up the repayment amount in time.
One-time repayment method: withdraw the balance of provident fund from the housing provident fund account and repay the loan at one time.
2. Stop repaying the loan for several months, withdraw the balance of the provident fund account and repay the loan in advance. After repaying the loan in advance, the lender may stop lending for several months.
3. Monthly repayment method: directly withdraw the provident fund from the provident fund account for repayment every month. When the amount of housing provident fund withdrawn is insufficient, the lender shall make up the repayment amount in time.
How is the balance of provident fund used to repay the loan?
1. One-time repayment method: it means to withdraw the balance of the housing provident fund account from the entrusted bank once a year, repay the loan principal once, and recalculate the monthly repayment amount according to the remaining loan principal and repayment period after repayment. After one-time repayment, the monthly repayment needs to use the customer's own funds, not the money in the provident fund account.
2. Monthly repayment method: refers to the method of directly withdrawing the loan principal and interest of the current month from the customer's provident fund account every month. When the amount of the withdrawn provident fund is insufficient, the client shall make up the repayment amount in time. This way can not only offset the principal and interest of provident fund loans, but also offset the principal and interest of commercial loans.
3. If the customer chooses the one-time repayment method, he cannot choose the monthly repayment method, but can only choose one of them. But if you want to change the repayment method in the future, customers only need to go to their own loan bank to change the repayment method.
1. Personal housing provident fund loan: it is a preferential loan entrusted by the housing provident fund management center by commercial banks to the depositors of housing provident fund who purchase, build, renovate and overhaul their own houses and raise funds for cooperative housing construction. Personal housing provident fund portfolio loan: refers to that when the amount of housing provident fund loan is insufficient to pay the house purchase price, the borrower applies for housing provident fund loan, and at the same time applies for commercial personal housing loan from the entrusted bank, and the two loans together form a portfolio loan. Housing provident fund loans in portfolio loans are approved by the management center, and commercial loans are approved by the entrusted banks.
Second, the amount of provident fund loans is regulated according to levels, with the highest loan of 800,000 for Grade A, 920,000 for Grade AA and 0/0.04 million for Grade AAA. The longest loan period of the provident fund is 30 years, which is subject to the age of the husband and wife, and the age plus loan period cannot exceed 70, which is also related to the age of the building. The building age plus loan period of brick-concrete structure cannot exceed 47, and the building age plus loan period of steel-concrete structure cannot exceed 57. There are two repayment methods for personal housing provident fund loans: monthly equal principal and interest repayment method and monthly average principal repayment method. The monthly equal principal and interest repayment method refers to the repayment method that the borrower repays the loan principal and interest unchanged every month, but the loan principal increases month by month and the loan interest decreases month by month. The monthly average capital repayment method refers to the repayment method in which the borrower repays the principal regularly every month and the loan interest decreases month by month. It should be noted that the personal loan of provident fund within one year should be repaid in one lump sum at maturity;
How to repay the housing provident fund loan? How to repay the loan with the balance of provident fund account
Housing accumulation fund is the basic welfare of our employment, as important as social security. This is related to our buying and building. We can not only apply for provident fund loans on this basis, but also use funds to repay loans. So how can the housing provident fund repay the mortgage?
How to repay the housing provident fund loan?
1 we need to go to the housing provident fund management center to withdraw the provident fund, and then use the extracted funds to repay the loan. To withdraw the housing accumulation fund, you need to provide your identity certificate and relevant materials, such as purchase contract and mortgage loan contract. And under normal circumstances, housing provident fund can only be withdrawn once or twice a year. After the withdrawal, we can use it to repay the house loan.
Some areas such as Chongqing can apply to use the balance of individual housing provident fund account to directly offset the principal and interest of the loan due in the current month. To put it simply, in the past, you had to withdraw your own repayment, but now you can apply for automatic repayment of mortgage directly from the balance of the provident fund account. However, when using the housing provident fund to "repay the loan", it is best to keep the repayment funds for more than one month in the repayment card to avoid overdue repayment due to insufficient balance in the provident fund account.
As long as the provident fund account is bound to the bank repayment account, the monthly provident fund can be automatically transferred to the bank account to realize repayment. However, this also requires us to provide corresponding materials and pass the audit of the provident fund center.
Now it is more and more convenient to handle the provident fund business, and it can be handled online. Related businesses can be found in the city service of WeChat and the citizen center of Alipay. However, not all areas of the provident fund business can be handled online. If it can't be solved online, you need to go offline to the local provident fund management center.
How to repay the loan in the provident fund account?
There are two repayment methods for provident fund loans:
1. I use my own cash to deposit in the repayment bank card every month for repayment;
2. Entrust the Provident Fund Center to transfer the balance of its own provident fund account to repay the loan on a monthly basis.
Choosing the first repayment method is relatively simple, that is, deposit the money on the bank card and repay it monthly; If you choose the second repayment method, that is, using the balance in your own provident fund account to repay the loan on a monthly basis, you need to apply after completing the loan procedures, fill out the Application Form for Repaying the Loan by Entrusting Monthly Transfer of Housing Provident Fund and submit it, so that you can repay the personal provident fund loan with the balance of personal provident fund.
Extended data:
How to deduct the monthly provident fund?
The monthly deduction method of provident fund repayment is: after the borrower completes the repayment business, the bank deduction system will automatically deduct the money from the borrower's repayment account from the 20th to 25th of each month, which can be the money paid by the borrower himself or the money transferred from the provident fund to the repayment account.
Therefore, before the bank system deducts money, the borrower should ensure that there is sufficient monthly payment in the repayment account to ensure that the system deducts money successfully, otherwise the deduction fails, which will lead to overdue and affect credit.
How to repay the housing provident fund loan?
Repayment method of housing provident fund loan: 1. One-time repayment method: withdraw the balance of housing provident fund from the housing provident fund account and make one-time repayment. 2. Stop repaying the loan for several months, withdraw the balance of the provident fund account and repay the loan in advance. After repaying the loan in advance, the lender may stop lending for several months. After the loan repayment period ends, the lender shall continue to repay the loan on a monthly basis. No penalty interest or compound interest will be charged for the interest owed during the suspension period. 3. Monthly repayment method: directly withdraw the provident fund from the provident fund account for repayment every month. When the amount of housing provident fund withdrawn is insufficient, the lender shall make up the repayment amount in time.