How to use housing provident fund, Cangzhou housing provident fund extraction

As office workers, we have to pay "five insurances and one gold" every month. If the five insurances "protect people", then "one gold" is to protect the house. The purpose of housing provident fund is to let employees save a sum of money to "buy a house".

After working for a few years, when buying a house, you can choose a housing provident fund loan (interest rate 3.25%) and enjoy a discount lower than that of a commercial bank loan (interest rate 4.90%).

Some people may say that this "price difference" is really not cheap!

Xiao Bai believes that people who have this idea underestimate the "spread" benefits given by provident fund loans.

"Spread1"= commercial bank loan interest rate-housing provident fund loan interest rate =4.9%-3.25%= 1.65%.

Xiaobai is an example:

1, housing loan 1 10,000, housing provident fund loan (equal principal and interest for 20 years), and total interest paid is 3610.2 million.

2. The housing loan is 6,543,800 yuan, and the bank commercial loan (matching principal and interest for 20 years) is selected, and the total interest is 570,600 yuan.

Under the combined action of compound interest and time, the "small spread" of 1.65% created a total interest difference of 209,400.

570,600-366,5438+200,000 = 209,400

Do you want to borrow more money to buy a house after seeing the benefits of provident fund loans?

Xiao Bai believes that there should be many people who have this idea. To this end, various localities have set a variety of restrictive conditions for provident fund loans. For example, every place has set a ceiling for provident fund loans.

Example 2 of Xiaobai:

1. Shanghai stipulates that the maximum amount of personal provident fund loans is 600,000, and the husband and wife are 6.5438+0.2 million.

2. Xiamen stipulates that the maximum amount of personal provident fund loans is 500,000, and the husband and wife are 654.38+00,000.

Now, everyone may say to Xiao Bai, "Xiao Bai, we all know the benefits of provident fund loans, so you don't have to say much."

Well, if you say so, there is nothing wrong. Because, 5%- 12% is deducted from the salary every month and deposited into the housing provident fund account in order to buy a house in the future. From this perspective, paying the provident fund is a compulsory deposit. After buying a house, you can withdraw some money every year.

However, Xiao Bai now wants to ask, what do you think is the difference between "applying for housing provident fund loans to buy a house after working for five years" and "applying for housing provident fund loans to buy a house after working for 10 years"?

It doesn't feel strange. It seems that apart from time, one is five years and the other is 10 years, and there is no difference.

Example 3 of Xiaobai:

1. The deposit interest rate of the employee housing provident fund account shall be implemented according to the one-year time deposit benchmark interest rate (the annual interest rate is 1.50%).

2. The housing provident fund loan interest rate is 3.25%.

As you can see, there is a spread between deposits and loans of housing provident fund.

"Spread 2" = provident fund loan interest rate-provident fund deposit interest rate = 3.25%-1.50% =1.75%

In essence, this is equivalent to "collecting money" from office workers who have not bought a house and "issuing loans" to office workers who have bought a house. It's a bit like a bank. Some people deposit money in the bank, while others borrow money from the bank.

For office workers who don't buy a house, the deposit income is only 1.50%/ year. You know, now the 7-day annualized rate of return of Yu 'ebao is 4.04%/ year. At the same time, office workers who buy a house enjoy the housing provident fund loan interest rate of 3.25%/ year and buy a house at a preferential interest rate far below the market level.

Of course, it's still acceptable to pay a loss and buy a house to earn it back. This also reflects the original intention of the housing provident fund. Let's "chip in" to buy a house and win-win.