Provident fund loan amount refers to the maximum loan amount that an individual can apply for when using provident fund loans. Only employees who have permanent residence in local cities and towns, have established the housing provident fund system for more than 2 years, and have paid the housing provident fund according to regulations can enjoy the provident fund loan when the funds for purchasing or building houses or renovating or overhauling their own houses are insufficient.

Can calculate the amount of provident fund loans. As for whether you can get a loan of 300,000 yuan, it has little to do with second-hand houses or new houses, and it is positively related to the number of years you pay the provident fund and the proportion of the provident fund. In addition, the provident fund encourages the purchase of the first suite. When buying a second suite, the down payment shall not be less than 50% of the purchased house price, and the loan amount shall not be higher than 50% of the purchased house price. Buy three suites, the provident fund does not support, no loans.

Second, the loan conditions.

The total amount of provident fund paid by loan borrowers and their family members reaches at least 30% of the newly purchased (overhauled) housing expenditure; The lender has a stable economic income and the ability to repay the principal and interest; The borrower agrees to apply for housing mortgage registration insurance; Provide the guarantee method agreed by the local housing provident fund management center and its sub-centers; At the same time, submit relevant documents required by the bank, such as house purchase contract or house pre-sale contract, real estate license, land use certificate, deposit certificate of provident fund, etc.

Third, line calculation.

The calculation of the loan amount of provident fund should be determined according to four conditions: repayment ability, the proportion of housing price, the balance of housing provident fund account [2] and the maximum loan amount, and the minimum value calculated by the four conditions is the maximum loanable amount of the borrower. The calculation method is as follows: according to the repayment ability, the calculation formula is: {(total monthly salary of the borrower+monthly contribution of the housing accumulation fund of the borrower) × repayment ability coefficient-total monthly repayment of the borrower's existing loan }× loan period (month). Usage of spouse's quota: {(total monthly salary of husband and wife+monthly contribution of housing accumulation fund of husband and wife's work unit) × repayment ability coefficient-total monthly repayment amount of existing loans of husband and wife }× loan period (month). Among them, the repayment ability coefficient is 40% of the total monthly salary = monthly contribution of provident fund ÷ (unit contribution ratio+individual contribution ratio). The calculation formula according to the house price is: loan amount = house price × loan ratio, in which the loan ratio is determined according to the different types of houses purchased, built and repaired and the number of mortgage loans: a. Purchase of commercial houses, price-limited commercial houses, targeted placement of affordable housing, targeted sales of affordable housing or private housing. Workers' families (including employees, spouses and minor children, the same below) who purchase the first set of housing (including commercial housing, price-limited commercial housing, targeted placement of affordable housing, targeted sale of affordable housing or private property housing) with a construction area of less than 90 square meters (including 90 square meters) shall pay a down payment of not less than 20% of the purchased housing price, and the loan amount shall not be higher than 80% of the purchased housing price; If the construction area of the purchased house exceeds 90 square meters, a down payment of not less than 30% of the purchased house price shall be paid, and the loan amount shall not be higher than 70% of the purchased house price. If an employee buys a second house with a family loan, the down payment shall not be less than 50% of the house price, and the loan amount shall not be higher than 50% of the house price. Workers' family loans to buy third and above houses will suspend the issuance of personal housing provident fund loans. When purchasing private housing, if the housing price is inconsistent with the assessed price, the lower of the two shall be the approved limit. The purchase of targeted resettlement affordable housing, the loan amount should not be higher than the difference between the total price of the purchased housing and the amount of housing compensation. B for the purchase of existing public housing, the loan amount shall not exceed 70% of the purchased housing price; For the construction, renovation and overhaul of self-owned housing, the loan amount shall not exceed 70% of the cost of housing construction and repair. If an employee applies for housing provident fund loans according to the account balance, the loan amount shall not be higher than 10 times of the housing provident fund account balance when the employee applies for loans (if the spouse housing provident fund is used to apply for housing provident fund loans at the same time, it is the sum of the employee's and spouse's housing provident fund account balances). If the housing provident fund account balance is less than 20,000, it shall be calculated as 20,000. If I use my housing provident fund to apply for housing provident fund loans at the maximum, the maximum loan amount is 400,000 yuan; At the same time, if the spouse's housing provident fund is used to apply for housing provident fund loans, the maximum loan amount is 600,000 yuan. According to the development of cities and the storage of provident funds, some cities have relaxed the amount of provident fund loans. For example, if An [3] and Guangzhou use their own housing provident fund to apply for a personal housing provident fund loan of 60W, and I normally pay supplementary housing provident fund when applying for the loan, the maximum loan amount is 500,000 yuan; At the same time, if the spouse's housing provident fund is used to apply for a housing provident fund loan, and the spouse or I normally pay a supplementary housing provident fund when applying for a loan, the maximum loan amount is 700,000 yuan. When applying for a loan, employees or their spouses pay housing subsidies normally on a monthly basis, with reference to the provisions on normal payment of supplementary housing provident fund. The calculated loan amount is reserved to thousand, and the number below thousand is not zero plus one. Note: The maximum loan age of the provident fund is 65 years old, and the monthly income is lower than that of 800 yuan, so it is impossible to make a loan because it has no repayment ability. In the case of constant monthly income: the same loan amount is less than 35 years old, from 35 to 65 years old, the loan amount and years decrease with age. With the same age: 800- 1700 yuan, the loan amount increases with the increase of income, and the same loan amount is above 1700 yuan.

4. Interest rate of provident fund loans.

With the same loan amount and repayment period, provident fund loans can save tens of thousands of yuan in interest than commercial loans. Take a 400,000 house as an example, with a loan of 280,000. If the term of the commercial loan is 25 years, the monthly repayment is 172 1 yuan, and the total repayment for 25 years is 5 1630 0 yuan, and the total interest paid is as high as 236,300 yuan. It is also a provident fund loan with a term of 25 years, with a monthly repayment of 1.548 yuan. The total repayment in 25 years is 464,400 yuan, and the total interest paid is 1.8444 million yuan. Compared with commercial loans, the monthly payment can be reduced by 1.73 yuan, and the interest expense can be saved by nearly 5 1.90 yuan in 25 years. With the same loan amount and the same repayment amount, compared with commercial loans, provident fund loans not only have shorter repayment time, but also have much less repayment interest. Similarly, if the loan of 280,000 yuan is repaid with the same amount 172 1 yuan/month, the commercial loan will be repaid for 300 months, totaling 5 16300 yuan, with interest of 236,300 yuan. The provident fund loan is repaid to 25 1 month, that is, 2 1 year, and all the principal and interest have been paid off, with a total repayment of 4,30715 yuan, and the interest paid is only 1507 15 yuan, which is 85,585 yuan less than that of commercial loans. [5. Other uses of the Provident Fund. Housing provident fund loans are not only widely used to buy new houses, but also used to buy second-hand houses. Because the annual interest rate of provident fund loans is only 4.5%, which is more than 2 percentage points lower than the current commercial loan interest rate of 6.55%, a general concept has been formed in the minds of most buyers: using provident fund loans saves money than using commercial loans. The advantages of provident fund loans are not limited to its preferential interest rate, but also have many advantages such as high loan amount, long service life, flexible and convenient repayment.

Sixth, friendly tips. The implementation of provident fund policies in different places will be slightly different at the specific operational level. Please consult the local provident fund management center. In addition, part of the operating income of the provident fund is directly related to the wages and benefits of the staff of the provident fund management center. Only by issuing more loans will the center benefit more. Therefore, within the scope permitted by the policy, the provident fund management center is willing to provide you with loan consultation and help you apply for the maximum loan. Finally, I wish you a house purchase plan as scheduled, make good use of the advantages of provident fund loans and save money!