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Can the down payment of buying a house use the provident fund? What should be paid attention to in t

Now more and more companies provide five insurances and one fund and pay provident fund. We all know that the provident fund is still used to buy more preferential policies, the interest is relatively cheap, and the time to pay the money is fast. It has become one of the main ways for people to borrow money to buy a house. However, buying a house is to pay a lot of down payment. Some people want to use the money of provident fund. Then, can the down payment of buying a house use the provident fund? Precautions for down payment of provident fund? Let's learn more about it.

Can I use the provident fund for the down payment of buying a house?

1、 How much can provident fund loan to buy a house( Individual deposit amount / individual deposit share (- 400) / corresponding repayment coefficient per 10000 yuan; The high loan can reach 80% of the evaluation value of the house to be purchased. 3. Generally, the high loan amount is 800000. If the credit rating is AA, it can be 920000 and AAA, it can be 1040000

The above three articles together regulate the high loan amount of provident fund loan. In case of any difference between the three, the lower loan amount shall prevail.

2、 How much is the lower down payment for housing with provident fund. Housing provident fund loan down payment share refers to the share of the house purchase funds paid by the buyer to the seller in the total house price. The house purchase down payment fund is necessary for the family to prepare. The gap part can request loan and hand over the full house purchase funds to the buyer.

Under normal circumstances, the house price deducting the down payment is equal to the loan amount. If the down payment share is higher, the threshold of house purchase loan is higher. Now the down payment share of provident fund loan is 30% for existing houses and houses with mortgage products, and 40% for second-hand houses.

Precautions for down payment of provident fund?

1. Housing provident fund loan down payment for house purchase: the provident fund cannot be directly used as the down payment for house purchase. Citizens need to advance the down payment first, and then go to the housing provident fund to withdraw the storage balance in the provident fund.

2. The loan amount of the housing provident fund is calculated according to the high loan amount calculated according to the balance of the housing provident fund account: the accounting formula is: (balance of the housing provident fund account + monthly deposit amount of the housing provident fund & times; 2× To legal retirement months) & times; 2。

3. The loan amount of residence provident fund is calculated according to the loan amount with high limit: if one person requests the loan of residence provident fund, the high loan amount is 500000 yuan; if two or more people buy the same residence and request the loan of residence provident fund, the high loan amount is 800000 yuan.

4. The total amount of housing provident fund shall not exceed the total amount of housing funds.

5. After settling the housing provident fund loan, you can use the provident fund to buy a house. Whether before or after marriage, one of the husband and wife has handled provident fund loans, which will be recorded in the system. If the provident fund loan of the first house has been settled and the husband and wife use the provident fund loan to buy a house, it is still regarded as the first house purchase.

Can I use the provident fund for the down payment of buying a house? The provident fund can be used for the down payment of buying a house, but it can be used only after the provident fund has been paid for more than half a year. If you want to use the provident fund to replace the down payment, you should know the precautions for the down payment of the provident fund. There will be no mistake in paying more attention during the use of the provident fund. If you have a provident fund and want to buy a house, you must understand this article.