I. Proportion of provident fund loans
1. Use the housing provident fund loan to buy the first family home. If the purchased property is an auction house, the loan amount shall not be higher than 80% of the total price of the purchased property; If the purchased house is a second-hand house, the loan amount shall not be higher than 60% of the total price of the purchased house.
2, the use of housing provident fund loans to buy a second family housing, the loan amount shall not be higher than 70% of the total price of the purchased property; For families who have purchased the third and above houses, or families who have used provident fund loans twice or whose previous provident fund loans have not been settled, they will not apply for housing provident fund loans temporarily.
Second, the provident fund loan interest rate
1, daily interest rate (0/000)= annual interest rate (%)÷360= monthly interest rate (‰)÷30.
2. Monthly interest rate (%) = annual interest rate (%)÷ 12.
3. Accumulate the daily account balance according to the actual number of days, and multiply the accumulated product by the daily interest rate to calculate the interest.
The interest-bearing formula is: interest = accumulated interest-bearing products × daily interest rate, where accumulated interest-bearing products = total daily balance.
4. Transaction-by-transaction interest calculation method calculates interest one by one according to the preset interest calculation formula: interest = principal × interest rate × loan term.
5. If the interest-bearing period is a whole year (month), the interest-bearing formula is: interest = principal × year (month )× year (month) interest rate.
6. If the interest period has a whole year (month) and odd days, the interest formula is: interest = principal × number of years (months) × annual (month) interest rate+principal × odd days × daily interest rate.
7. The interest period is converted into actual days to calculate interest, that is, 365 days per year (366 days in leap year), and each month is the actual number of days in the Gregorian calendar of the current month. The interest-bearing formula is: interest = principal × actual days × daily interest rate.
Extended data:
Process of applying for provident fund loan
1, I bring my unit retirement certificate, personal ID card and household registration book to the provident fund management center where my unit handles housing provident fund.
2. The staff will review the materials you submitted and confirm that they are correct. They will let you apply for a provident fund savings card at the bank wound where you pay the provident fund (the provident fund center has a bank window).
3. It takes five working days for the general materials to be reviewed. If they pass the review, they can be directly extracted from the provident fund management center.
Baidu encyclopedia-provident fund loan
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