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 When the amount of housing provident fund withdrawn is insufficient, the lender shall make up the repayment amount in time.
How to repay the provident fund and loans?
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 the repayment of the provident fund is still in progress, but the deposit of the provident fund is suddenly interrupted, the unpaid provident fund should be paid 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 repay the mortgage with the provident fund?
1. Online processing. Workers must first go to the city housing provident fund center for signing procedures. Married employees who have opened online withdrawal can apply for repayment of housing provident fund loans, housing provident fund portfolio loans and discount loans by themselves through online channels such as WeChat WeChat official account and personal online hall, and employees do not need to provide any materials. Single employees can go through the signing formalities through the counter.
2. Off-line processing. In addition to self-service repayment of housing provident fund loans or contract signing procedures through online channels, employees can also apply for contract signing through the counter and provide the following original materials:
(1) ID card;
(2) Marriage certificate (single declaration) and other marriage certification materials;
(3) Including the repayment credentials of the commercial loan account number, the relevant information of the loan can be verified through data investigation.
1. Online processing. Workers must first go to the city housing provident fund center for signing procedures. Married employees who have opened online withdrawal can apply for repayment of housing provident fund loans, housing provident fund portfolio loans and discount loans by themselves through online channels such as WeChat WeChat official account and personal online hall, and employees do not need to provide any materials. Single employees can go through the signing formalities through the counter.
2. Off-line processing. In addition to self-service repayment of housing provident fund loans or contract signing procedures through online channels, employees can also apply for contract signing through the counter and provide the following original materials:
(1) ID card;
(2) Marriage certificate (single declaration) and other marriage certification materials;
(3) Including the repayment credentials of the commercial loan account number, the relevant information of the loan can be verified through data investigation.
How to pay the provident fund and mortgage?
1. First, the borrower should call the hotline of the local provident fund management center to check the balance of the provident fund account and make an appointment for repayment;
2. The borrower fills in the loan repayment application, signs it and provides the required information;
3. The borrower waits for the approval of the entrusted bank;
4, housing provident fund management center for examination and approval, issued to the loan bank, the loan bank transfer;
5. The applicant goes to the bank to repay the loan principal and interest.
The Regulations on the Management of Housing Provident Fund was revised according to the Decision of the State Council on Amending Some Administrative Regulations on March 24th, 20th19th).
Eleventh housing provident fund management center shall perform the following duties:
(a) the preparation and implementation of housing provident fund collection and use plan;
(two) responsible for recording the deposit, withdrawal and use of employee housing provident fund;
(three) responsible for the accounting of housing provident fund;
(four) to approve the extraction and use of housing provident fund;
(five) responsible for the preservation and return of housing provident fund;
(six) the preparation of housing provident fund collection and use plan implementation report;
(seven) to undertake other matters decided by the housing provident fund management committee.
Twelfth housing provident fund management committee shall, in accordance with the relevant provisions of the People's Bank of China, designate commercial banks entrusted with the financial business of housing provident fund (hereinafter referred to as the entrusted banks); The housing provident fund management center shall entrust the entrusted bank to handle financial services such as housing provident fund loans and settlement, as well as the establishment, deposit and return procedures of housing provident fund accounts. The housing provident fund management center shall sign an entrustment contract with the entrusted bank.
Can the provident fund repay the mortgage?
Can I use the housing provident fund to repay the mortgage?
Yes, there are two ways to repay the mortgage from the provident fund. One way is that the borrower can repay the mortgage normally on a monthly basis, but he can withdraw the provident fund of himself and his spouse every year, and the withdrawal amount cannot exceed the total repayment amount of the previous year. Another way is to repay the mortgage a few months in advance.
1, the traditional repayment methods of provident fund loans are generally divided into two types: one repayment method is called equal principal and interest method. Equal principal and interest method: the monthly repayment amount is equal, that is, the principal repayment included in the monthly repayment amount is less first and then more, and the interest repayment is more first and then less. This method makes the borrower's burden lighter in the early stage of repayment, but the disadvantage is that the total interest to be paid during the loan period is more than the average capital method. This method is suitable for users in the early stage of buying a house.
2. The other is the average capital method: this method needs to repay the loan at the same time as the principal amount, but to our disadvantage, the interest will decrease with the decrease of the principal. This method will make the borrower feel heavier in the early stage of repayment, but the total interest to be paid during the loan period will be less than the matching principal and interest method, which is more suitable for users with sufficient funds and good repayment ability in the early stage of purchase.
How to repay the housing provident fund loan?
1. In fact, there are many ways to repay the loan from the housing provident fund account, and you can repay the loan at one time. Many people repay their loans in this way after retirement. After repayment, if there are still outstanding loans, the remaining loan principal and repayment period will be recalculated to determine the future monthly repayment amount.
2. 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. (The time to stop repayment depends on the amount of repayment in advance, but it cannot exceed 12 months. After the repayment period ends, the lender shall continue to repay the loan 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. Some property buyers have changed their income at a certain stage (such as illness, childbirth, unemployment, etc.). ), and they often use this way to repay the loan.
Of course, we can also withdraw the provident fund directly from the provident fund account every month to repay the loan. When the amount of housing provident fund withdrawn is insufficient, the lender shall make up the repayment amount in time.