1. Calculation formula of repayment ability: {(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).
If the spouse's quota is adopted, it is: {(total monthly salary of both husband and wife+monthly contribution of housing provident fund of both husband and wife's work units) × repayment ability coefficient-total monthly repayment amount of existing loans of both husband and wife }× loan period (month).
Among them, the repayment ability coefficient is 40%, and the total monthly salary = the monthly contribution of the provident fund ÷ (unit contribution ratio+individual contribution ratio).
2. Calculation formula of house price: loan amount = house price × loan ratio, in which the loan ratio is determined according to different types of houses purchased, built and repaired and the number of mortgage loans.
3. Account balance: according to the account balance, if an employee applies for a housing provident fund loan, the loan amount shall not be higher than 10 times of the housing provident fund account balance when the employee applies for a loan (if the spouse housing provident fund is used to apply for a housing provident fund loan at the same time, it is the sum of the employee's and spouse's housing provident fund account balances); If the balance of the housing provident fund account is less than 20,000, it shall be calculated as 20,000.
4. Maximum limit: according to the maximum limit, the maximum loan limit is 400,000 yuan if I use my own housing provident fund to apply for housing provident fund loans, and 600,000 yuan if I use my spouse's housing provident fund to apply for housing provident fund loans.
I use my own housing provident fund to apply for housing provident fund loans, and the maximum loan amount is 500,000 yuan when applying for loans. If I use my spouse's housing provident fund to apply for housing provident fund loans, the maximum loan amount is 700,000 yuan when applying for loans.
Now that we know the calculation method of provident fund loans, how to use provident fund loans?
1. Only employees who participate in the housing provident fund system are eligible to apply for housing provident fund loans, and employees who do not participate in the housing provident fund system cannot apply for housing provident fund loans.
2. To participate in the housing provident fund system, if you want to apply for a housing provident fund personal purchase loan, you must also meet the following conditions: that is, the housing provident fund has been continuously paid for at least 6 months before applying for the loan. Because, if the employee's behavior of paying housing provident fund is abnormal and intermittent, it means that his income is unstable and he is prone to risks after issuing loans.
3. One of the husband and wife has applied for a housing provident fund loan, and neither of them can get a housing provident fund loan until the principal and interest of the loan are paid off. Because the housing provident fund loan is a kind of financial support to meet the basic housing needs of workers' families, it is also a kind of financial support for housing security.
4. When applying for a housing provident fund loan, the loan applicant must have a relatively stable economic income and repayment ability, and there are no other outstanding debts that may affect the repayment ability of the housing provident fund loan. When employees have other debts, it is risky to lend to housing provident fund, which violates the principle of safe operation of housing provident fund.
5. The term of the provident fund loan shall not exceed 30 years. For portfolio loans, the loan conditions of provident fund loans and commercial housing loans must be the same.