Provident Fund and commercial loans to buy two suites compared to 800,000 Provident Fund savings total interest 250,000

The Ministry of Housing, the Ministry of Finance, the People's Bank, the CBRC jointly issued the "on the Standardization of Housing Provident Fund Housing loan policy related issues of the notice", the notice stipulates that the second Housing Provident Fund personal housing loans to the first payment ratio shall not be less than 50%, the loan interest rate must not be lower than the same period of　　The second set of Housing Provident Fund personal housing loans to the object, limited to the existing per capita housing construction area below the local average level of pay into the family, and the loan is limited to purchase to improve the living conditions of ordinary home. The notice also stipulates that the use of Housing Provident Fund personal housing loans to buy the first set of ordinary from the housing, the construction area of 90 square meters (including) below, the first payment ratio of loans shall not be less than 20%, the construction area of 90 square meters, the first payment ratio shall not be less than 30%.　　Stop to purchase the third set of housing and the payment of family Housing Provident Fund Personal housing loan. "The notice" said that the implementation of local policies vary greatly, especially in some housing prices too high, rising too fast cities, some pay workers to use Housing Provident Fund personal loans to buy a second set of housing and above, not entirely for their own lives. To this end, the "notice" stipulates that Housing Provident Fund personal housing loans can only be used to pay workers to buy, build, renovated, overhaul ordinary from housing.　　It is prohibited to use Housing Provident Fund Personal housing loan for speculative purchase. Provident Fund and commercial loans to buy 90 square meters of the following first suite comparison ★ loan 20-year calculation, borrowers use Provident Fund loans can be less than commercial loans to pay 100,000 heads.　　With the increase in loan amount, the use of Provident Fund loans to pay more than 163.76 yuan per month, but because the Provident fund interest rate is low, overall down, the borrower can still save $60697.51 total interest. Provident Fund and commercial loans buy a second suite case comparison ★ A family of three to buy a second suite for example, the use of Provident Fund loans and commercial loans compared. The First family housing area of less than 81.21 square meters, and then purchase the use of Provident Fund loans and commercial loans down payment ratio are 50% to the loan amount of 800,020-year calculation, Provident Fund loans and commercial loans in contrast,　　Savings of 1043.03 yuan per month, saving the total interest of 250327.58 yuan, the first Family housing area of more than 81.21 square meters, and then purchase of Provident Fund loans are not issued, and commercial loans are not limited, has a greater advantage.　　Market Analysis October Provident Fund loan ratio increase according to the "Chain Home Real Estate" market Research Department of Statistical Data analysis, October second-hand housing market Provident Fund loans accounted for 17%, compared to September accounted for an increase of about 5%, compared to the first adjustment in April before the 6% increase. "Chain Home Real Estate" chief market analyst type builded with thinks, two suites use the Provident Fund loan, the interest rate advantage compares the first suite to be bigger, especially after the current credit difference and the interest rate channel opens, the Provident Fund loan superiority is more obvious. In recent months, the proportion of Provident Fund loans has increased significantly, not excluding more improved type and even investment in home ownership has joinedProvident Fund loans to purchase the ranks of Housing Provident Fund in the past, the individual housing loan system of mutual aid and fairness disadvantage, therefore, floating Provident Fund loans to buy two suites interest rate, help alleviate this Provident Fund loans to buy the proportion of the rise too fast problem. Policy Interpretation Provident Fund Loan Two suite threshold raise the big change in the new deal is about the Provident fund to buy a second suite, the first time to adjust the junior suites of the rate must not be less than 1.1 times times, that is, up to 4.455%, at the same time for the purchase of a second suite of people Strictly issued,　　Limited to the existing per capita housing construction area below the local average level of pay into the workers and households, and the loan is limited to the purchase of improved living conditions of ordinary home, this provision on the Provident Fund second suite customers set a higher threshold. "Wai Ka on the" point, the new deal out of the front, according to the "recognition of housing and credit" standards, and the borrower family members have no repayment of Provident Fund loans, you can use Provident Fund loans to buy a second suite without the setting of residential area. And the new deal, buyers need to meet the existing per capita housing floor area below the local average level, can use Provident Fund loans. Taking Beijing as an example, according to the 2007 Bureau of Statistics published by the 27.07 square meters per capita standard, a family of three families to meet the household name of the existing only set of housing and building area below 81.21 (27.07x3) square meters, can use Provident Fund loans to buy a second suite.　　According to the "Wai Ka on the" analysis, affected by this policy, will be 20% of the Provident fund used to buy a second suite or blocked, but also will be prepared to use Provident Fund loans to buy a second suite of investment-type people stop, the policy hit more severe. Renew Provident Fund Third suite The New Deal for Provident Fund Third suite loans to stop lending has been reiterated, "Wei Jia," pointed out that May 5 Beijing Housing Provident Fund Management Center has issued policies, suspended Provident Fund third suite loans.　　The notice of the original policy was reiterated, two suites decided to strict and three suites after the loan, to some extent, will also result in the fourth quarter Provident Fund volume overall trend of decline.　　The new deal mentions, "local parties to determine the maximum amount of personal loans for Housing Provident Fund," Wei Jia, "pointed out that the current Beijing Regional Provident Fund ceiling is 800,000, the ceiling limit is clearly not enough to meet the current Beijing housing loan demand, the new deal in the high level will be conducive to low-income families home purchase use.　　The influence of the new regulation on the commercial loan in the bank said in an interview, the new rules are mainly in line with the commercial mortgage policy, curb speculative investment in housing, and Provident Fund loans subject is not a bank, so the new rules on the impact of small banking business. "The impact of the new rules is mainly psychological, the impact on the actual mortgage business of banks is small." "A joint-stock Bank of the relevant officials told reporters that the new rules again show that the state to curb the determination of house prices, psychological level on the speculation of the House will have an impact, cut off the use of Provident Fund housing speculators as a lever source of funds for speculation." Bank related people said that Provident Fund loansFor the bank, only equivalent to the Local Provident Fund Center agent, the main interest of the loan is the Provident Fund center around. At the same time, the new deal is the same for all banks, so it has the same impact on all banks. The new rules, he argues, show once again the state's stance on the need to support the first home purchase, and the demand for speculative investment in home ownership. (Reporter Gaochenwu 翟烜)