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Today's home buyers are getting more and more people, basically young people who are going to start a family will want to buy real estate for the future of the small family life to provide the necessary preparations, but now the price of the house for the majority of the young people is very unfriendly, so basically they are all to loans to buy a house mainly, but the repayment pressure is still relatively high, and the provident fund can alleviate some of the repayment pressure. Purchase mainly, but the repayment pressure is still relatively large, and provident fund can alleviate some of the repayment pressure, so it is very popular, then the housing provident fund loan down payment ratio is how much? The following with Qijia network experts to a brief understanding of it. \r\n\\r\n A, housing provident fund loan down payment ratio is how much \r\n\r\n down payment ratio in 20%-40% or so, mainly depends on the local provident fund loan policy, the number of housing units purchased, and so on. Generally speaking the purchase of the first suite, its housing fund loan down payment ratio of 20% -25%, and the purchase of the second suite, then, its housing fund loan down payment ratio will be 40%, if the purchase of the third suite, basically can not apply for a loan. \r\n\\\\bord0\shad0\alphaH3D}Two, apply for a CPF loan need to pay attention to what \r\n\alphaH3D}1, pay attention to their own whether they have the relevant application conditions \r\n\bord0\shad0\alphaH3D}apply for a CPF loan to buy a house is not arbitrary, you need to satisfy the conditions of its line, first of all, require the amount of its contribution to meet the relevant standards, and then required to have a continuous deposit of more than 12 months of housing provident fund, that is, the period of employment are normal contributions, and finally require the applicant's personal name is not outstanding. There is no outstanding CPF loan or subsidized loan under the applicant's personal name. \r\n\\\r\n2, pay attention to whether the funds are properly prepared \r\n\r\n CPF loan amount is limited, generally individuals applying for CPF loan amount can not be more than 800,000, that is to say, more than part of the need to prepare their own, especially the down payment must be prepared, or else it will be the same approval will not be passed. \r\n\\r\n Editor's summary: the above is about the housing provident fund loan down payment ratio is how much, as well as apply for a provident fund loan need to pay attention to what the introduction, I hope that the content of the editorial share can have some reference to you, if you want to know more about the relevant information, you can pay attention to our Qijia network information.
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Provident fund first set to buy a house down paymentIf you apply for a personal provident fund loan business in Shanghai Bank of China,
(1) for the purchase of the first set of self-owned housing and the set of floor space in 90 square meters (including 90 square meters) below the family, the housing provident fund loan down payment ratio of not less than 20%; for families purchasing their first self-owned home with a set floor area of 90 square meters or more, the downpayment ratio of their housing provident fund loans is not less than 30%.
(2) For those who buy a second home to improve their living conditions, the down payment ratio of the loan for the purchase of an ordinary home is adjusted to not less than 50%; for the purchase of a non-ordinary home, the down payment ratio of the loan is adjusted to not less than 70%.
Note: The net signing time of the purchase contract before November 28, 2016 (inclusive) is implemented according to the original policy. Because of the differences in the policies and requirements of the housing provident fund management centers for individual housing provident fund loans, please consult your provident fund loan business outlets or consult your local provident fund management center.
The above content is for your reference, please refer to the actual business regulations.
If you have any questions, please feel free to contact Bank of China online customer service.
You are cordially invited to download and use Bank of China Mobile Banking APP or BOC Cross-border GO APP to handle related business.
What is the downpayment ratio for a CPF loan for a first home
There are different types of loans for buying a home, including CPF loans and commercial loans. The first set of words is in accordance with the total price of the house, provident fund loans 20%, commercial loans 30%; two sets of housing more than 40%. Non-ordinary residence There are also differences. Before taking out a loan, you need to know how much money you have in your CPF account and how much the organization gives you each month. Only when you know your situation can you go for a loan. CPF is a benefit for employees and the interest rate of the loan is much lower than a commercial loan. Commercial loans are generally available together with CPF to make a combination loan. If you have to take out a lot of loans, but your CPF balance has not much, then you can take out a combination loan. Family first suite, the down payment ratio of 30%, the implementation of the CPF loan benchmark rate of 4.5% or the national benchmark interest rate of 6.55% (commercial loans); if this purchase of housing for the second suite, the down payment ratio to determine their own CPF is to go to choose a house. Determine how much the total price of this house, how much the down payment, the total price minus the down payment is the money for the loan. You can't get a loan for the down payment, so you have to have some cash on hand. The typical down payment is 30%. If you have more than 30% of the down payment, then you can also give cash, the reason for doing so is to reduce your loan money, because the loan is to interest, so from the total amount of money, the more cash you give, the less the loan or cost-effective, of course, this has to be decided by your own situation. You housing network to provide comprehensive and timely real estate news and information content
public fund loan down payment to pay how muchHousing fund is one of our benefits, some employers will pay for the workers housing fund, housing fund can be in the time we buy a house for us to alleviate a certain amount of pressure on the purchase of a house. So how much is the down payment for a CPF loan? In order to help you better understand the relevant legal knowledge, the legal express editorial organized the relevant content, we come together to understand it.
A, how much down payment for provident fund loans
(a) provident fund loan policy:
1, the Ministry of Housing issued a new policy to adjust the proportion of funds for the first loan. After the adjustment, the first suite of provident fund loans as low as 20% down payment. Prior to this, according to the provident fund loan down payment housing area is 90 square meters or less or decide.
2, the issuance of provident fund loans based on new housing units. If it is the first housing provident fund loan, lower to the down payment ratio is uniformly 20%; if you own a home and has been mortgaged, re-apply for housing provident fund loan, as low as the down payment ratio of 30%.
3, and the previous housing provident fund loan ratio as a basis. The first set of ordinary housing loans below 90 square meters, as low as the down payment ratio of 20%; 90 square meters or more, as low as the down payment ratio of 30%.
4, housing fund, refers to the state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units, social organizations and their in-service employees to contribute to the long-term housing reserves.
5, the provident fund loan must be continuously deposited for more than 12 months and the loan is still continuously deposited.