1. To apply for a provident fund loan, the applicant must continuously deposit the provident fund for 12 months, and the deposit status of the provident fund is normal when applying for a provident fund loan (loans overdue for more than 1 month will not be accepted). The maximum loan amount of commercial housing shall not exceed 70% of the total house price, and the maximum loan amount of second-hand housing shall not exceed 60% of the deed tax unit price.
2. The formula for calculating the personal loan amount of the provident fund: (the amount paid in the current month × the total number of months from the current retirement age+the current balance of the provident fund account) × 2;
3. Legal retirement age: female 55 years old; Male 60 years old. The longest loan period is 25 years.
4. This formula is applicable to the direct calculation of users who buy first-hand real estate. For second-hand real estate, due to factors such as the evaluation price, transaction price and deed tax price of the house, the specific loan amount can only be answered after the provident fund center has reviewed the information.
5. At present, the maximum amount of housing provident fund varies from place to place, so it is necessary to consult the housing provident fund center where the house is purchased.
Second, the calculation of provident fund loan period:
Generally speaking, the longest loan period is 30 years, which will not exceed the statutory retirement age of employees and their spouses by 5 years (65 years for men and 60 years for women). Among them, the second-hand housing loan period plus the housing age does not exceed 40 years.
1, not exceeding 30 years, that is, 360 months;
2. The sum of the age of the borrower and his spouse or * * * borrower and the loan application period shall not exceed 5 years after his statutory retirement age in principle, and the loan period shall be calculated according to the shorter one, accurate to the month.
Third, the factors affecting the loan life
1, age of loan applicant
When banks evaluate the repayment period of mortgage loans for borrowers, they first take their age as the basis. Generally speaking, under the premise of meeting the loan conditions, the younger the age, the longer the loan period, and the older the age, the shorter the loan period. Under normal circumstances, "the lender's age+the loan period does not exceed 65 years" is the loan period that the bank can handle for it.
2. Age of the lending institution
When a lender buys a property, the "age" of the purchased property will determine how many years he can borrow. According to the regulations of the bank, it is easier to get a loan for a property with a newer room. For example, the second-hand houses with a construction period of 10 years have good conditions in all aspects, and banks are willing to speed up the approval of housing loans with this period. However, in the 1970s and 1980s, second-hand houses were relatively old, and the loan risks controlled by banks were relatively high, so banks were very cautious in approving loans for such houses.
3, the economic ability of the loan applicant
On the other hand, for applicants who buy a house with loans, such as work income, job stability, savings deposits, assets, etc. It is also a factor that banks consider, and it is also a factor that measures the application time of their loan years. Borrowers with strong economic strength can consider loan schemes with short loan life and certain repayment pressure. For example, 70% 10 or 15, or even 60% to 50% loan scheme. Borrowers with poor economic strength should pay attention to whether their economic conditions allow them to bear greater repayment pressure. If the bank's reputation and qualifications are good, such people may get loans as high as 80% to 20 years.
legal ground
People's Republic of China (PRC) Civil Code
Article 144
A civil juristic act carried out by a person without capacity for civil conduct is invalid.
Article 145
A civil juristic act that restricts a person's capacity for civil conduct to obtain pure benefits or a civil juristic act that is appropriate to his age, intelligence and mental health is valid; Other civil juristic acts shall take effect with the consent or ratification of the legal representative. The other party may urge the legal representative to ratify it within 30 days from the date of receiving the notice. If the legal representative fails to express it, it shall be deemed as refusal to ratify it. Before a civil juristic act is ratified, the bona fide counterpart has the right to revoke it. Revocation shall be made by notice.