Families with provident fund naturally want to apply for provident fund loans, because compared with other loans, the interest on provident fund loans is the lowest. In the management of provident fund, as long as employees withdraw provident fund or apply for provident fund loans, the provident fund system will have a record of use. Then, can the husband and wife provident fund repay the mortgage together?
Can the husband and wife provident fund repay the mortgage together?
Husband and wife housing provident fund can also together, get a marriage certificate to * * * loans together. After handling a commercial loan, one borrower can apply for provident fund to repay the commercial loan on a monthly basis, and the other borrower can only withdraw the provident fund before repaying the mortgage. However, it should be noted that if a family has used the provident fund twice and bought a house in a different place, neither the loan nor the loan can be withdrawn for the third time.
When applying for provident fund loans, both husband and wife need to provide ID cards, marriage certificates, purchase payment vouchers, income certificates, purchase contracts, down payment certificates, housing provident fund payment certificates and other materials. However, only employees who participate in the housing provident fund are eligible to apply for housing provident fund loans, and employees who do not participate in the housing provident fund cannot apply for housing provident fund loans.
It should be reminded that one spouse has applied for a housing provident fund loan, and neither spouse can get a housing provident fund loan until the principal and interest of the loan are paid off. If it is a portfolio loan, the loan term of the provident fund loan and the commercial housing loan must be the same.
If only one of the husband and wife pays the provident fund, both husband and wife can apply for a provident fund loan to buy a house. However, many people cannot apply for provident fund loans if they have not paid the provident fund or have opened an account for less than 6 months or 12 months.
Can a house bought by a husband and wife with a loan be repaid with two people's provident fund?
Of course. * * * Same as loan * * * Same as repayment. However, if one of the husband and wife has used the provident fund loan, they cannot repay it together. Only when the lender pays off, can they repay together.
Couples can use the housing provident fund of two people to buy a house. Apply for housing provident fund loans should meet the following basic conditions:
The borrower needs to have full capacity for civil conduct;
Provide proof of provident fund deposit (or housing provident fund card), ID card, household registration book and proof of marital status;
If the unit has paid the housing provident fund normally for more than one year (inclusive), the employees must pay the housing provident fund normally for more than six months (inclusive), and the monthly payment of the housing provident fund has reached the minimum monthly payment announced by the CMC;
Workers can apply for housing loans within five years (inclusive) from the date of purchase, construction, renovation and overhaul of owner-occupied housing;
When employees apply for loans for the first time and the second time, they need to pay a down payment of more than 20% (inclusive) of the purchase price;
The borrower should have stable income, good personal credit and the ability to repay the principal and interest of the loan.
Extended data:
According to the Regulations on the Management of Housing Provident Fund
Article 26
Workers who have paid housing provident fund can apply for housing provident fund loans to the housing provident fund management center when purchasing, building, renovating or overhauling their own houses.
The housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities.
The risk of housing provident fund loans shall be borne by the housing provident fund management center.
Article 27
Applicants who apply for housing provident fund loans shall provide guarantees.
Article 28
The housing provident fund management center can use the housing provident fund for the purchase of government bonds with the approval of the housing provident fund management Committee on the premise of ensuring the withdrawal and loan of the housing provident fund.
The housing provident fund management center shall not provide guarantees to others.
Reference link: Baidu Encyclopedia-Regulations on the Management of Housing Provident Fund
How to operate the husband and wife provident fund to repay the loan
Both husband and wife use provident fund loans, and one party is the main deduction object when repaying. When the provident fund account of the main deduction party cannot repay the loan of this month, the other provident fund account will repay the debt of this month.
First, use the provident fund to repay loans.
At present, there are two main ways for China citizens to use provident fund to repay loans. One is equal principal and interest repayment, that is, citizens need to repay equal loan interest every month after using provident fund loans. This repayment method, with equal principal and interest every month, is the most acceptable repayment method for most citizens. Another way is equal principal repayment, that is, citizens need to repay average capital every month after using the provident fund loan, and the loan interest and repayment amount will gradually decrease with the increase of the month. For citizens with higher wages and better economic income, this method is a better repayment method.
Second, how to deduct the repayment of husband and wife provident fund from the account?
Under normal circumstances, when the husband and wife use the provident fund to repay the loan, they need to determine which party is the main repayment target. If the balance in the provident fund account of the main repayment object is enough to repay the debts of the current month, other repayment objects do not need to repay the debts of the current month. However, when the balance in the provident fund account of the main repayment object is insufficient to repay the debt of the current month, it is necessary to repay the debt from other repayment objects. When using the provident fund to repay the loan, you can sign an agreement with the bank to entrust the withdrawal of the provident fund to avoid withdrawing it all by yourself, but you must ensure that there is enough balance on the repayment card for repayment.
Three, the use of provident fund to repay the loan matters needing attention
Pay attention to the deadline when repaying the loan, and do the corresponding operations within the specified time to avoid overdue repayment; When making the first repayment, you need to bring your ID card, provident fund card or ID card to the provident fund management center to handle the corresponding business; Provident fund repays the loan, and the principal and interest of the loan will be deducted next month; Most citizens have signed an agreement with the bank to entrust the withdrawal of provident fund. Generally, the balance in the repayment card can only repay the debt of this month, so it is necessary to check the balance in real time to avoid insufficient balance.
Can the husband and wife provident fund repay the mortgage together?
Legal analysis: Yes.
1. Both husband and wife can use provident fund loans at the same time. When applying for a loan, both husband and wife need to provide ID cards, marriage certificates, purchase payment vouchers, income certificates of both parties, purchase contracts, down payment certificates, housing provident fund deposit certificates and other materials. However, the specific loan amount of each loan housing provident fund for both husband and wife shall be determined by the loan bank and the fund management department of the Housing Reform Commission in combination with the borrower's repayment ability.
2. It is worth noting that if both husband and wife apply for provident fund loans at the same time, the loan amount is calculated by the balance of provident fund paid by two people, which is much higher than the amount applied by one person. However, the amount of housing provident fund loans for both husband and wife is calculated according to the coefficient that cannot be higher than the repayment ability of both husband and wife.
3. However, the application of provident fund loans by both husband and wife can really reduce the pressure of single-person loans, but it will produce a lot when both parties divorce, so both husband and wife applicants should weigh the pros and cons when protecting their personal rights and interests. Moreover, both husband and wife can apply only if they have not borrowed housing provident fund or paid off the provident fund of previous loans.
Legal basis: Regulations on the Management of Housing Provident Fund
Fifteenth units to hire employees, should be within 30 days from the date of employment to the housing provident fund management center for deposit registration, and for the establishment or transfer of employee housing provident fund accounts.
Where a unit terminates the labor relationship with its employees, it shall, within 30 days from the date of termination of the labor relationship, go to the housing provident fund management center for change registration, and go through the formalities of transferring or sealing the employee housing provident fund account.
Article 16 The monthly deposit amount of employee housing provident fund shall be the average monthly salary of the employee in the previous year multiplied by the deposit ratio of employee housing provident fund.
The monthly deposit amount of housing provident fund paid by the unit for employees is the average monthly salary of employees in the previous year multiplied by the proportion of housing provident fund paid by the unit.
Article 19 The housing accumulation fund paid by individual employees shall be withheld and remitted from their wages by their units.
The unit shall remit the housing provident fund paid by the unit and remitted for the employees to the housing provident fund account within 5 days from the date of monthly payment of employees' wages, and the entrusted bank shall include it in the employee housing provident fund account.
Twentieth units shall pay the housing provident fund in full and on time, and shall not pay it overdue or underpaid.
Units with real difficulties in depositing housing provident fund can reduce the proportion of deposit or defer payment after discussion and adoption by the workers' congress or trade union of the unit, and after examination by the housing provident fund management center and approval by the housing provident fund management committee; After the economic benefits of the unit improve, the deposit ratio will be increased or the overdue payment will be postponed.
Let's stop here for the introduction of husband and wife provident fund repayment.