Housing provident fund deposit and loan interest rates
From; Author:
20 Department of Housing and Urban Construction notice, effective immediately, personal housing accumulation fund loan interest rate adjustment, five-year or less (including five years) adjustment of 3.33% from 3.50% for more than five years, adjusted from 3.87% to 4.05%. The day before, the central bank just above the five-year lending rate will be adjusted to 6.14%.
According to the notification, from 20 October 2010, the increased personal housing accumulation fund loan interest rates (see above).
From October 20, the last year carried over individual housing provident fund deposit interest rates by 0.2 percentage points from 1.71% to adjust the current 1.91%. Imputation of the individual housing provident fund year deposit rates remain unchanged.
Starting from October 20 to carry out housing fund to support affordable housing construction project loan pilot cities, according to the five-year loan interest rate personal housing accumulation fund loan interest rates above 10% of the implementation of floating, and with the change of personal housing accumulation fund loan interest rates adjusted accordingly.
The sum of 60 million, 20-year calculation of provident fund loans, raise interest rates before and after the borrower to pay each month for the month 56.80 yuan, more than the total interest payment of 13,631.13 yuan. However, the provident fund interest rate hike is still there after a certain advantage, and after raising interest rates than commercial loans, the borrower can save about 700 yuan a month in interest, the total interest savings of 16 million yuan.
The personal housing accumulation fund loan interest rate adjustments, based on the October 19 financial institutions in the People's Bank raised the benchmark interest rate of RMB deposits and loans.
Housing provident fund deposit and loan interest rate adjustment table
After the project interest rate adjustment before adjustment
First, the individual housing provident fund deposit
Then carried over the previous year deposit 1.71 1.91 0.36 0.36
Second, individual housing provident fund loans
Five years (including five years) 3.33 3.50
More than five years 3.87 4.05
Third, the pilot project loans over five years by individual housing provident fund loans before interest rates go up 10% of the same
