1. Lanzhou Provident Fund Loan Calculation The calculation formula for Lanzhou Housing Provident Fund loan amount is as follows: 1. Calculated based on loan repayment ability: loan amount = [(borrower’s total monthly salary, borrower’s unit’s monthly housing provident fund deposit amount) × loan repayment ability coefficient
40% - the borrower or the couple’s existing monthly loan repayment amount] × 12 (months) × loan term.
Among them, total monthly salary = monthly provident fund payment/(unit contribution ratio and individual contribution ratio).
2. Calculated based on the house price: loan amount = house price × loan ratio.
The loan ratio is determined according to different types. If the building area of ??the purchased house exceeds 90 square meters, the loan amount shall not exceed 70% of the purchase price; if the building area is less than 90 square meters, the loan amount shall not exceed 80% of the purchase price.
3. Based on the maximum loan amount, if you use your own housing provident fund to apply for a provident fund loan and meet the application conditions, the maximum loan limit is 500,000 yuan; if you use your spouse’s housing provident fund to apply for a loan at the same time, and if you meet the loan application conditions, the loan
The maximum limit is NT$700,000.
4. Calculated based on the provident fund account balance: provident fund loan amount = the provident fund account balance of all loan participants × 20.
1. The maximum provident fund loan limit in Lanzhou is 500,000.
Individual depositors in Lanzhou City who have paid housing provident fund for more than two years (including two years) can apply for a housing provident fund personal loan.
The upper limit of provident fund loans is 500,000 yuan, which specifically stipulates that the maximum loan limit for single employees is 400,000 yuan.
The maximum loan term is 30 years, and the maximum loan amount does not exceed 70% of the total house price.
2. Lanzhou Housing Provident Fund Loan Interest Rates Lanzhou City’s individual housing provident fund loan interest rates have changed in two levels, that is, they have been reduced by 0.20 percentage points and 0.25 percentage points respectively for more than 5 years and less than 5 years.
That is, the interest rate of personal housing provident fund loans with a loan term of 530 years (including 30 years) has been reduced from 4.90% to 4.7%; the interest rate of housing provident fund loans with a loan term of 1 to 5 years (including 5 years) has been reduced from 4.45% to 4.20%.
3. Calculation method 1. Calculation method Monthly payment amount of employee housing provident fund = Monthly payment amount of employee personal housing provident fund Monthly payment amount of unit-subsidized housing provident fund Monthly payment amount of employee personal housing provident fund = Monthly payment amount of employee housing provident fund Employee housing
Housing Provident Fund Payment Ratio Unit-subsidized Housing Provident Fund Monthly Payment Deposit = Employee Housing Provident Fund Monthly Payment Base Unit Housing Provident Fund Payment Deposit Ratio Housing provident fund monthly contributions for individuals and units are calculated and processed by rounding to the nearest dollar.
2. Payment base The monthly payment base for employees’ housing provident fund = the employee’s total salary in the previous year 12.
The calculation caliber of total wages is based on the "Regulations on the Composition of Total Wages" (Tongzhizi [1990] No. 1) issued by the National Bureau of Statistics, including: time wages, piece wages, bonuses, allowances and subsidies, overtime wages, special circumstances
wages paid below.
The contribution base for a new employee or a newly transferred employee in that year shall be the employee's total first month salary.
In principle, the housing provident fund payment base is adjusted at the beginning of each year.
3. Contribution ratios. The specific contribution ratios of individual employees and units of each depositing unit are determined by the units within the range of 7-12%. Anything exceeding 10% needs to be reported to the Lanzhou Housing Provident Fund Management Committee Office for approval.
Legal Basis Article 12 of the "Housing Provident Fund Management Regulations" The Housing Provident Fund Management Committee shall, in accordance with the relevant regulations of the People's Bank of China, designate a commercial bank entrusted to handle the housing provident fund financial business (hereinafter referred to as the entrusted bank); the Housing Provident Fund Management Center shall entrust
The entrusted bank handles financial services such as housing provident fund loans and settlements, as well as procedures for the establishment, deposit, and return of housing provident fund accounts.
The housing provident fund management center shall sign an entrustment contract with the entrusted bank.
Article 24 If an employee has any of the following circumstances, he or she may withdraw the balance in the employee housing provident fund account: (1) purchasing, constructing, renovating, or overhauling a self-occupied house; (2) retiring or retiring; (3)
Completely losing the ability to work and terminating the labor relationship with the employer; (4) Leaving the country to settle down; (5) Repaying the principal and interest of the house purchase loan; (6) The rent exceeding the prescribed proportion of family wage income.
In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, when the employee housing provident fund is withdrawn, the employee housing provident fund account shall be canceled at the same time.
If an employee dies or is declared dead, the employee's heirs or legatees can withdraw the balance in the employee's housing provident fund account; if there is no heir or legatee, the balance in the employee's housing provident fund account will be included in the appreciation income of the housing provident fund.
Article 26 Employees who have paid housing provident funds may apply for housing provident fund loans from the Housing Provident Fund Management Center when purchasing, constructing, renovating, or overhauling their own homes.
The Housing Provident Fund Management Center shall make a decision on whether to grant a loan or not within 15 days from the date of accepting the application, and notify the applicant; if the loan is granted, the entrusted bank shall handle the loan procedures.
The risks of housing provident fund loans are borne by the housing provident fund management center.