1. What is the maximum amount of provident fund loans?
1. Maximum loanable amount
The maximum loanable amount of housing provident fund loans is 6,543,800 yuan, of which the loanable amount of paid employees does not exceed 500,000 yuan.
2. Personal loanable amount
The employee personal loan amount is calculated and determined according to a certain multiple of the monthly average balance of the housing provident fund account, and the calculation formula is: the monthly average balance of the employee housing provident fund account × multiple. The average monthly balance of the employee housing provident fund account is the average monthly balance of the employee housing provident fund account in the last 12 months (excluding the month of application) (excluding the one-time payment for the last 12 months), and the shortage of 12 months is calculated according to the actual number of months. The calculation result of personal loanable line is rounded to thousands, the amount below 6,543.8+0.5 million yuan is determined to be 6,543.8+0.5 million yuan, and the amount above 500,000 yuan is determined to be 500,000 yuan. If the amount of employee housing provident fund loans is insufficient, they may apply for commercial portfolio loans. The term, guarantee method and repayment method of commercial loans in portfolio loans should be consistent with housing provident fund loans. The specific approved loan amount is determined according to the national individual housing loan policy and the relevant provisions of provident fund loans, and after comprehensive analysis of the conditions and prices of the housing purchased by the borrower, the family's credit status, repayment ability and other factors.
Second, what are the precautions for using the provident fund?
1. The balance of the provident fund account cannot be used as the down payment for house purchase.
Many people think that since the provident fund is a welfare policy for employees to buy houses, it can naturally be used to pay the down payment for buying houses. In fact, it is not because the provident fund can only be withdrawn after it is used first, that is, the purchaser can only go through the withdrawal procedures after providing relevant proof materials for the purchase.
2. Provident fund loans can only be used again after they are paid off.
Whether you can use the provident fund loan has nothing to do with the balance in your account. You can use it as long as you have paid for it for a whole month and your account is paid when you apply for a loan. However, since Mr. Kang has a record of provident fund loan before and the loan has not been paid off, you can no longer use the provident fund loan. Mr. Kang can only use it again after paying off the provident fund loan under his current name.
3. The withdrawal amount of the provident fund cannot exceed the amount of renting or buying a house.
The withdrawal amount of the provident fund cannot exceed the actual expenditure. Miss Tian's annual rent expenditure is * that is, yuan, so she can't withdraw more than yuan from the provident fund at one time. In addition, when withdrawing the provident fund, she needs to provide a rental invoice, and she needs to go to the street office to issue an invoice and go through the withdrawal procedures through the relevant departments of the unit.
4. The loan amount of Beijing Provident Fund cannot exceed the upper limit of 1 10,000.
There is a big difference between provident fund loans and commercial loans, that is, the loan amount should be calculated according to the borrower's income, deposit amount and deposit ratio, not exceeding the maximum amount of 800,000 provident fund loans. According to the calculation formula of the maximum loan amount of the municipal provident fund, the monthly income of the borrower's family = the monthly contribution ratio of the employee's individual housing provident fund ÷ the remaining amount after deducting the monthly living expenses of at least RMB divided by the monthly repayment amount of the loan per 10,000 yuan during the loan application period. Xiaocao's contribution to the provident fund is% yuan, and the monthly repayment in the first year is% yuan, so the maximum loan he can apply for is/%.However, due to the limitation of provident fund loan 1 10,000 yuan, Xiaocao can only borrow 1 10,000 yuan at most. If he wants to use provident fund loans, he can only pay more down payment or make up the rest with commercial loans through portfolio loans.
5. Parents' provident fund children cannot use it.
I can't borrow money from my parents' provident fund to buy a house, because the provident fund between parents and children can't be used with each other, but only between spouses. In addition, Xiao Wucan cannot withdraw his parents' provident fund after buying a house.
6. Commercial loans cannot be converted into provident fund loans for the time being.
At present, Beijing does not support commercial loans to provident fund for the time being, which means that Mr. Li cannot convert the loans under his name into provident fund loans. Because there is no lending service in the banking system, if Mr. Li wants to ease the pressure of monthly payment, he has two options:
(1) Pay off the current loan and use the provident fund loan for trading;
(2) Withdraw the balance in my provident fund account to reduce the repayment pressure.
7. Personal bad credit information also affects provident fund loans.
Provident fund loans should also assess the borrower's personal credit history. If the borrower's personal credit information is poor, and there is a record of "three consecutive tired six" or more, the provident fund management center may refuse to sign.
8. Provident funds cannot be operated across provinces, except Beijing and Qin.
General provident fund loans can only be applied for loans at the place of deposit or used in the province. At present, except Beijing and Qinhuangdao, other provinces and cities cannot operate across provinces.