The Provident Fund Mortgage Calculator is a software that provides mortgage details. Therefore, many newbies are inquiring about the interest rates of the latest version of the Provident Fund Mortgage Calculator in 2023. I recommend veterans to come and find out the interest rates of the latest version of the Provident Fund Mortgage Calculator in 2023. For details, you can refer to it!
2023 Central Bank Commercial Loan Benchmark Interest Rate (LPR) List
1-year term, interest rate is 3.65%
Over 5 years, the interest rate is 4.30%
List of commercial loan benchmark interest rate data in 2023
Within 1 year (including 1 year), the annual interest rate is 4.35%
From 1 year to 5 years (including 5 years), the annual interest rate is 4.75%
more than 5 years), the annual interest rate is 4.90%
List of housing provident fund personal housing loan interest rate data in 2023
For less than 5 years (including 5 years), the annual interest rate for the first house is 2.759%, and the annual interest rate for the second house is 3.025%%
More than 5 years), the annual interest rate for the first house is 3.25%, and the annual interest rate for the second house is 3.575%
How is the provident fund loan interest rate calculated?
It is understood that the current provident fund loan interest rate was adjusted and implemented on July 6, 2018. The provident fund loan interest rate for more than five years is 4.50%, and the monthly interest rate is 4.50%/12. The provident fund loan interest rate for five years and below is an annual interest rate of 4.0%. Nationwide All the same.
Provident fund loan calculations are determined based on four conditions: loan repayment ability, house price ratio, housing provident fund account balance and loan maximum limit. The minimum value calculated from the four conditions is the maximum loan amount that the lender can lend.
1. The provident fund loan calculation formula based on the loan repayment ability is: Loan amount = [×Loan repayment ability coefficient 40% - The borrower or the couple's existing monthly loan repayment amount]×12×Loan term. Among them, total monthly salary = monthly provident fund payment/;
2. The provident fund loan calculation formula based on the house price is: loan amount = house price × loan ratio. The loan ratio is determined according to different types. Generally speaking, if the building area of a house purchased 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 the purchase price. 80%.
3. Calculated 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. The calculation formula of provident fund loans based on the provident fund account balance is: provident fund loan amount = the provident fund account balance of the borrower and the loan participant×20.
Okay, that’s it for today’s software tutorial. Thank you for your support. If you have any questions, you can leave us a message and we will give you specific solutions!