Personal housing provident fund loan is a special housing consumption loan funded by housing provident fund and distributed to employees who have paid housing provident fund for the purchase, construction, renovation and overhaul of their own houses. Self-owned housing purchased by employees includes commodity housing, affordable housing, private housing, fund-raising housing, rebuild resettlement housing and public housing.
Loan amount:
The formula for calculating the upper limit of the loan amount of provident fund is: the amount of housing provident fund paid by the loan employees every month ÷ the proportion of housing provident fund paid by the loan employees ×0.45× 12× the actual loanable years.
The amount of provident fund loans is generally required to be no more than 70% of the total housing price, and there is generally an upper limit.
Loan term: up to 30 years.
Loan interest rate:
(1). From February 23, 2008, the interest rate of individual housing loans for housing provident fund will be increased, and the annual interest rate of loans for five years or less will be adjusted from the current 3.5 1% to 3.33%; Loans with a term of more than five years are adjusted from the current annual interest rate of 4.05% to 3.87%.
(2) The interest rate of loans accepted and signed before and including February 22, 2008, and the adjusted interest rate of loans accepted and signed after February 22, 2008. The outstanding loans issued before June 23, 2008+February 23, 2009 shall be implemented according to the above notice from June 65, 438+October 65, 2009/kloc-0.