So if you want to apply for a provident fund loan in Rizhao, how do you calculate the loan amount?
The reporter learned from Rizhao Provident Fund Center that the calculation of provident fund loan amount should comprehensively analyze the borrower's repayment ability, the proportion of house price, the balance of housing provident fund account, the maximum loan amount and other factors to determine the maximum loanable amount. According to the Measures for the Administration of Individual Housing Loans of Rizhao Housing Provident Fund, the loan amount of the loan applicant and spouse is determined by an integer multiple of 1 000 yuan according to the minimum amount of the loan application and the following six quota standards:
Do not exceed the maximum loan limit approved by the Municipal Housing Provident Fund Management Committee: if the owner-occupied housing is purchased, built, renovated or overhauled within the administrative area of Rizhao City, and the loan applicant and spouse unilaterally meet the loan conditions, the maximum loan amount is 600,000 yuan; Unilaterally meet the loan conditions, the maximum loan amount is 400 thousand yuan. If you use the provident fund loan to buy a mobile house, the maximum loan amount will increase by 15%, that is, if both the borrower and the spouse meet the loan conditions, the maximum loan amount will be 690,000 yuan; If the loan amount is met unilaterally, the maximum loan amount is 460,000 yuan.
It shall not exceed the loanable amount calculated according to the following method: loanable amount = normal deposit balance of the borrower's housing provident fund × 15 times+normal deposit balance of the spouse's housing provident fund × 15 times, in which the normal deposit balance of the borrower's and spouse's housing provident fund accounts is subject to the confirmation of the municipal provident fund center.
Do not exceed the remaining amount of the total price of the purchased house after deducting the specified down payment: the first loanable amount shall not exceed 70% of the total price of the purchased house, and the second loanable amount shall not exceed 60% of the total price of the purchased house; At the same time, it shall not exceed the unpaid part of the purchased house; The total house price does not include garages and parking spaces. Those listed separately shall be deducted when applying for loans, and those not listed separately shall not be deducted.
Do not exceed the remaining amount after deducting the housing accumulation fund from the total purchase price;
In principle, the total monthly repayment amount calculated according to this provident fund loan plus commercial loan plus other debt expenses shall not exceed 50% of the monthly income of both borrowers and spouses.
Do not exceed the specified proportion of the confirmed value of the purchased house (mortgaged house).
However, in practice, one of the biggest factors affecting the loan amount of provident fund is the maximum loan amount approved by the Municipal Housing Provident Fund Management Committee. Before May, 2022, when buying houses in Donggang District, Rizhao Economic and Technological Development Zone, Rizhao High-tech Industrial Development Zone and Shanhaitian Tourism Resort, the maximum amount of individual housing loans for employees is 300,000 yuan, and the maximum amount of individual housing loans for employees is 500,000 yuan. After the implementation of the new measures, the maximum loan amount is 400,000 yuan for those who meet the loan conditions unilaterally in the above areas, and 600,000 yuan for those who meet the loan conditions unilaterally by the loan applicant and spouse.
Do you know about these provident fund loans? The relaxation of the amount of provident fund loans not only increases the support for employees' housing funds, but also is a substantial benefit for employees' housing loans with short deposit years, further promoting the release of reasonable housing demand.