How to calculate provident fund loan ratio
Recently, the provident fund loan policy has become a hot topic, and many home buyers are concerned about how to calculate the provident fund loan ratio. This article will combine the hot content of the entire network in the past 10 days, analyze in detail the calculation method of provident fund loan ratio, and provide structured data for reference.
1. Basic concepts of provident fund loan ratio
The provident fund loan ratio refers to the ratio of the provident fund loan amount that home buyers can apply for to the total price of the house. This ratio is usually stipulated by the local provident fund management center and is adjusted based on the buyer's provident fund payment status, housing type and other factors.
| House type | Maximum loan ratio | Remarks |
|---|---|---|
| first suite | 70%-80% | Policies vary from place to place |
| Second suite | 40%-60% | Some cities have stricter restrictions |
| Second-hand house | 50%-70% | Adjust according to house age |
2. Calculation method of provident fund loan ratio
The calculation of provident fund loan ratio mainly involves the following factors:
1.Provident fund account balance: Some areas stipulate that the loan amount is 10-20 times the account balance.
2.Monthly deposit amount: The higher the monthly deposit, the higher the loan amount is usually.
3.total house price: The loan ratio is calculated based on the total price of the house.
The specific calculation formula is as follows:
| calculated item | formula |
|---|---|
| Loanable amount | Account balance × multiple (10-20 times) |
| loan ratio | Loanable amount ÷ total house price × 100% |
3. Comparison of Provident Fund Loan Ratio Policies in Various Regions
The following is a comparison of recent provident fund loan ratio policies in popular cities:
| city | Proportion of first-time suites | Proportion of second suites | Remarks |
|---|---|---|---|
| Beijing | 80% | 60% | Maximum loan 1.2 million |
| Shanghai | 70% | 50% | Maximum loan 1 million |
| Guangzhou | 70% | 40% | The maximum loan is 600,000 |
| Shenzhen | 90% | 50% | The maximum loan is 900,000 |
4. Other factors affecting the provident fund loan ratio
In addition to the above basic factors, the following situations will also affect the provident fund loan ratio:
1.House age: If the second-hand house is over 20 years old, the loan ratio may be reduced.
2.personal credit: Those with bad credit may have their loan ratio reduced.
3.repayment ability: Monthly income needs to cover more than 2 times of monthly payment.
5. How to increase the provident fund loan ratio
1.Increase provident fund deposits: Increase monthly deposit amount and account balance.
2.Choose a cooperative property: Some developers can increase the loan ratio for their properties.
3.portfolio loan: When the provident fund loan is insufficient, it can be matched with a commercial loan.
6. Recent Provident Fund Policy Hot Topics
1. Many places have relaxed the provident fund loan ratio to support home purchases for urgent needs.
2. Some cities have launched a policy of “one person buys a house and the whole family helps”, allowing immediate family members to provide mutual assistance.
3. The policy on withdrawing provident funds for renting has been relaxed, and full withdrawals can be made in some cities.
7. Precautions
1. The provident fund loan ratio may be adjusted every year, so please pay attention to the latest policies.
2. The loan ratio is not equal to the final loan amount and needs to be reviewed by the bank.
3. The provident fund loan policies in different places are quite different, so consultation is required in advance.
Through the above analysis, I believe you have a clearer understanding of the calculation of the provident fund loan ratio. It is recommended that home buyers plan their provident fund usage strategies in advance according to their own circumstances and maximize the use of policy discounts.
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