1. The employer verifies the balance of the individual provident fund account and issues a withdrawal certificate.

2. Bring the extraction certificate to the housing provident fund management center to apply for the extraction of housing provident fund. The results will come out within 3 days from the date of accepting the application, and then the applicant will be informed.

3. If withdrawal is allowed, please go to the entrusted bank for payment.

It should be noted that the conditions and procedures for withdrawing provident funds from provident fund centers in different places may be different. If you encounter problems, it is recommended to consult the local provident fund center.

Comprehensive comparison of provident fund loans, commercial loans and portfolio loans

1. Provident fund loan

Loan amount: The requirements vary from place to place. Please consult the local housing provident fund management department for details.

Loan interest rate: 2.75% for less than 5 years and 3.25% for more than 5 years.

Loan Term: The borrower's loan term can be calculated as 70 years old, not exceeding 30 years.

Down payment: 20% down payment for the first suite below 90 square meters.

Loan Requirements: Taking Beijing as an Example

Purchase of policy housing loans:

1. Establishing Housing Provident Fund Account; ; ; = 12 months,

2. Six months before applying for a loan, the housing provident fund shall be continuously paid in full.

3. When you apply for a loan, you are in a deposit state.

Purchase of non-policy housing:

1. The housing provident fund shall be paid in full and continuously for 6 months before the loan application.

2. When you apply for a loan, you are in a deposit state.

The application conditions for provident fund loans vary from place to place. Please consult the local provident fund management department for details.

2. Commercial loans

Lending speed: when handling commercial mortgage loans, it takes almost two weeks from handing over the property certificate to the bank for mortgage to lending, and the progress of different banks may be different.

Loan amount: loanable amount = repayment ability of family monthly income after deducting living expenses and other expenses/monthly repayment amount per 10,000 yuan of corresponding loan term.

For example, the monthly income is 654.38 million yuan, the monthly living expenses are 3,000 yuan, and the loan is 20 years. According to the benchmark interest rate of 4.90%, use the 360 mortgage calculator to calculate.

The monthly repayment amount of the loan of 65,438+0,000 yuan is 53.07.

Loan amount = (10000-3000)/53.07 =13/kloc-0.9 million yuan.

Loan interest rate: The current benchmark interest rate is 4.9%.

Loan Term: The borrower's loan term can be calculated until the borrower is 65 years old, and the longest loan term shall not exceed 30 years.

Down payment: 30% of the total house price.

Loan requirements: the down payment in a specified proportion (generally greater than or equal to 30% of the total house price) has been paid.

3. Portfolio loan

Loan speed: 2-3 months or longer.

Loan amount: For example, if the total house price is 6,543,800+0,000, and a loan of 700,000 is needed, but the high amount of the provident fund is only 500,000, then the remaining 200,000 can choose commercial loans, and the total loan amount of the portfolio loan shall not exceed 700,000.

Loan interest rate: commercial individual housing loans are partially implemented according to the individual housing loan interest rate, and provident fund loans are partially implemented according to the individual housing provident fund loan interest rate.

Loan Term: Commercial individual housing loans shall be implemented according to the term of commercial loans, and provident fund loans shall be implemented according to the term of individual housing provident fund loans.

Down payment: 30% of the down payment for commercial loans.

Loan requirements: it meets the application requirements of both provident fund loans and commercial loans, and is generally only used when personal loans exceed the local high limit of provident fund loans.