Do you know how much you can borrow if you use the provident fund loan? How to determine the amount of provident fund loan? What factors will be involved? Today's editor will share with you the relevant knowledge of calculating the provident fund loan, hoping to give you relevant help.
How to calculate the loan amount of provident fund
1. (personal deposit / personal deposit proportion - 400) / corresponding repayment coefficient of RMB 10000;
2. Up to 80% of the appraised value of the house to be purchased;
3. Generally, the maximum amount that can be loaned is 800000. If the credit rating is AA level, the maximum amount can be 920000, and AAA level can be 1040000;
The above three conditions also restrict the maximum amount of the loan for provident fund loan. In case of any difference among the three, the minimum amount of the loan shall prevail.
Four calculation methods of the amount of provident fund loan
1、 Calculated according to the balance of housing fund account
1. The loan amount shall not be more than 20 times of the balance of provident fund account
Limited price commodity housing or affordable housing, first self owned housing (if the account balance is less than 20000 yuan, it shall be calculated as 20000 yuan).
2. The loan amount shall not be more than 10 times of the balance of provident fund account
To purchase a second house with a loan; to purchase a public owned house; to construct, rebuild or overhaul a self owned house on rural collective land.
2、 Calculated according to the price of the house itself
According to this method, the loan amount should be calculated by multiplying the house price by the loan percentage.
1. The loan amount shall not exceed 80% of the house price
Commercial housing, limited price commercial housing, targeted resettlement affordable housing, targeted sales affordable housing or private housing.
2. The loan amount shall not exceed 70% of the house price
The second set and other self owned houses that meet the purchase conditions, public owned houses, self owned houses built, rebuilt and overhauled on rural collective land
3. Targeted resettlement of affordable housing
It shall not be higher than the difference between the total price of the house purchased and the compensation for the house.
3、 Calculated according to the repayment ability of the loan applicant
1. Loan applicant's loan
Specific calculation formula: borrower's total monthly salary + borrower's unit's monthly deposit of housing fund) & times; 40% - borrower's total monthly repayment amount of existing loan] & times; loan term (month).
2. Joint loan of husband and wife
Specific calculation formula: (total monthly salary of both husband and wife + monthly deposit of housing accumulation fund of the unit where both husband and wife work) & times; 40% - total monthly repayment amount of existing loans of both husband and wife] & times; loan term (month).
Monthly payroll = monthly payment of provident fund & divide; (unit deposit proportion + individual deposit proportion).
4、 Loan limit calculated according to the maximum loan limit
Use my own housing fund to apply for housing fund loans, there are relevant regulations about the maximum amount of loans everywhere, you can query the official website of housing fund everywhere.
How much does accumulation fund buy a house to pay minimum?
The down payment ratio of housing provident fund loan refers to the proportion of the purchase funds paid by the buyer to the seller in advance in the total housing price. The family must prepare the down payment for the purchase, and the gap part can apply for loans to complete the full payment of the purchase.
Generally, the house price deducting the down payment is equal to the loan amount. If the down payment ratio is higher, the threshold of purchase loan will be higher. At present, the down payment ratio of housing provident fund loan in our city is 30% for current housing and mortgage commodity housing, and 40% for second-hand housing.
Tips on housing purchase with housing fund loan
1. Note on down payment of housing provident fund loan: the provident fund cannot be directly used as down payment for house purchase. The public needs to make a down payment first, and then go to the housing provident fund management center to withdraw the deposit balance in the provident fund.
2. The maximum loan amount of housing fund is calculated according to the balance of housing fund account:
The calculation formula is as follows: (balance of provident fund account + monthly deposit of provident fund & times; 2 & times; to legal retirement months) & times; 2
3. The loan amount of housing accumulation fund is calculated according to the maximum loan amount:
If one person applies for housing provident fund loan, the maximum loan amount is 500000 yuan; if two or more people purchase the same housing and apply for housing provident fund loan, the maximum loan amount is 800000 yuan.
4. The total withdrawal amount of housing fund shall not exceed the total amount of housing fund.
5. After the settlement of the housing fund loan, the housing fund can be used for purchase. No matter before or after marriage, one of the couple has handled the provident fund loan, which will be recorded on the system. If the provident fund loan of the first suite has been settled, the couple will buy the house with the provident fund loan, which is still regarded as the first purchase.