Why buy a provident fund? The role of housing provident fund

Why buy a provident fund? The role of housing provident fund

Why is it not good to pay the provident fund directly? I have collected some information for your reference!

Every time I pay my salary, I have to deduct a large amount of provident fund ... A friend asked: What is the significance of the existence of provident fund? Below, a good planning and financial planner will answer.

? Why pay the provident fund? The money deducted every month is enough for my living expenses for half a month, so I might as well pay it directly. ? But what if you want to buy a house? Are you willing to repay a commercial loan with an annual interest rate of 5. 15% for 20 years? Or are you willing to use the provident fund with an interest rate of only 3.25% to repay the loan?

take for example

Assuming a loan of100000 yuan and a loan period of 20 years, the results are as follows:

From the above results, we should know who is more. Save money? Come on!

How is the above result calculated? The convenient way is to say it only once: online search? Mortgage calculator? !

Therefore, the necessity of provident fund is equivalent to social security, and social security should be paid, because it can give you the most basic protection in your later years (except Ma Yun, of course). The provident fund should also be paid, because even if you don't buy a house or rent a house, you can take it out sooner or later, and you can take it out for travel even if you leave your job. And how much you pay yourself, the company will make it up for you, which is equivalent to a hard deposit. What you take out is twice what you pay yourself!

Well, in fact, today's good plan wants to talk about the new provident fund policies recently introduced in many parts of the country, which is really good news for property buyers.

Small broadcast:

At the end of August, the Ministry of Housing and Urban-Rural Development, the Ministry of Finance and the Central Bank jointly issued a notice to adjust the minimum down payment ratio of individual housing loans of the national housing provident fund from September 1, and the minimum down payment ratio of the provident fund that owns 1 house and has settled the housing loan was reduced to 20%. Beijing, Shanghai, Guangzhou and Shenzhen can independently decide the minimum down payment ratio for applying for a housing provident fund entrusted loan to buy a second house on the basis of national unified policies and local conditions.

In order to stimulate the property market, Beijing is also fighting.

Why use it? Fight? This word is because this year, Beijing's second-home provident fund policy has been adjusted twice, from the minimum down payment of 60% to 70% to the current 20%.

Other cities are also arguing that the provident fund can pay property fees.

Harbin: Employees are required to pay the housing provident fund in full for 3 months. If my spouse and I rent a house locally and don't have our own house, we can withdraw the provident fund to pay the rent.

Guangzhou: Measures will be taken to improve the efficiency of examination and approval. The current situation that the mortgage link of loan approval is too long will be carried out after investigation. First-hand property quick loan business? .

Changchun: If the employee's family owns 1 apartment and has settled the corresponding housing loan, the minimum down payment ratio will be adjusted to 20%. From now on to 20 15 12 3 1, the maximum amount of provident fund loans for new commercial housing will be adjusted from 800,000 yuan to 6,543,800 yuan.

Jinan: Since June 65438+1October 65438+May, Jinan has relaxed the policy of renting commercial houses and purchasing houses to withdraw provident fund.

Tai 'an: In order to further improve the efficiency of housing provident fund, the maximum loan amount of housing provident fund in Tai 'an City has been increased from 400,000 yuan to 600,000 yuan.

Shantou: The monthly fees paid by employees for family housing property management fees are included in the scope of housing provident fund withdrawal. Shantou has also become the first general in the province? Property management fee? Select the cities included in the range.

So many preferential provident fund policies have been introduced one after another, whether it can really stimulate the property market is a question mark for the time being, at least renting, buying and even decorating can enjoy benefits.

Matters needing attention in using provident fund

★ Can't buy a house directly

Even if you plan to use the provident fund to buy a house, you must pay the down payment of the house yourself before you can withdraw the provident fund and repay the mortgage. Although the interest rate of provident fund loans is low, the down payment problem has to be solved by itself. So, if you want to buy a house, save money. I heard that using a money-saving assistant works well!

Be careful when you take out the money.

If you don't buy a house, the purpose of raising the provident fund is only to increase the investment value. I advise you not to mention it blindly. After all, there are risks in trading stocks and buying funds. If you follow the trend into the stock market and lose everything, why not let the provident fund? Sleep? Well, at least when I retire, I still have income. However, you can still buy fixed-income products, such as bank wealth management, money funds and P2P online loans.

★ Maintain your credit record.

Buyers who want to use provident fund to repay loans must maintain their credit records and ensure that they can pay off bank loans on time, including commercial loans, provident fund loans and credit card consumer loans. Otherwise, it will leave a stain and may be refused to lend money because of its bad record.

★ Do not use any means to defraud the provident fund!

Those who do not meet the withdrawal conditions but illegally withdraw the provident fund, fail to repay on time or even overdue continuously, and provide false information to defraud the provident fund loan will be severely punished, and the bad records will be kept for at least 5 years.

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