I. Portfolio loan
(1) Term of portfolio loan
The loan term of portfolio loans must comply with the provisions of provident fund management and commercial banks, and the longest loan term is 30 years.
(2) repayment method of portfolio loan
In the portfolio loan, the provident fund loan part adopts free repayment method; The commercial loan part adopts the repayment method recognized by commercial banks. (overdue deduction of housing provident fund loans and commercial loans in portfolio loans shall be implemented in accordance with the respective regulations of provident fund management and commercial banks. )
Second, the combination of loans to buy a house matters needing attention
(1) Only provident fund depositors can apply for portfolio loans.
The so-called portfolio loan is also the loan mode of commercial loan and provident fund loan, so in order to apply for this loan, the borrower must pay the provident fund in full and on time at the place where the house is to be purchased, and the provident fund account is still in the normal payment state.
(2) Make full use of provident fund loans
When applying for portfolio loans, buyers should make full use of provident fund loans, extend the loan term as much as possible, and shorten the commercial loan term to a great extent, so as to reduce the monthly repayment amount and save the loan cost.
(3) Commercial loans should be paid off before the repayment period.
Friends who apply for a portfolio loan to buy a house, if they want to repay the loan in advance, it is best to give priority to commercial loans, because the loan interest rate of commercial loans in portfolio loans is higher than that of provident fund loans. If the commercial loan is paid off first, the borrower can save a lot of mortgage interest.
(4) Determine the loan amount
① Once the loan amount of the provident fund part of the portfolio loan is determined, it cannot be changed. Therefore, the loan applicant and spouse need to check the maximum loan amount at the provident fund management center and determine the final loan amount according to their own situation.
② The maximum loanable amount of portfolio loans is determined by two aspects, namely, the maximum amount of provident fund loans and the maximum amount of commercial loans. The lower of the two is the final loanable amount of the portfolio loan.
5] Choose the repayment method that suits you.
For every borrower, when signing a loan contract with a bank, he must first understand these repayment methods and determine the repayment method that suits him, because once the repayment method is agreed in the contract, it is generally not allowed to change it during the whole loan period.
Bian Xiao reminded: Portfolio loans take a long time to process, which is not suitable for people who are anxious to buy a house with money. When buying a house with a loan, everyone should make a correct judgment according to their own economic strength and repayment ability. (Note: The loan policies of different regions are different, and the regional policies shall prevail. )