What is Zhejiang SMS Service Provident Fund?

Shaoxing housing provident fund management center opened the provident fund short message platform in June 20 12. According to the Ministry of Housing and Urban-Rural Development's Notice on Opening the Housing Provident Fund 12329 SMS Service (Jian Jin [20 14] 187) and the Provincial Construction Department's Notice on Printing and Distributing the Construction Plan of Zhejiang Housing Provident Fund 12329 SMS Service Platform (Jin Jianfa [20] In terms of collection, it is mainly to automatically send the deposit information, withdrawal information and interest carry-forward information of the provident fund to the paid employees; In terms of loans, it is mainly to automatically send the prompt information of loan approval completion, overdue reminder, interest rate adjustment and change to the deposit employees.

Provident fund is our intangible wealth. As long as you make good use of your provident fund account when buying a house, you can save hundreds of thousands or even more interest for yourself immediately.

If you don't believe Bao Bei's calculation, considering that the maximum amount of personal loans in most cities is 500,000, Bao Bei directly takes the loan of 500,000 as an example. According to the calculation of equal principal and interest, let's first look at commercial loans, with a term of 30 years and an interest rate of 5.63% (under the current trend of stable housing prices, commercial loans are generally calculated according to the benchmark interest rate 10%-20%, and Bao Bei directly takes the middle value here. The final total interest is 537,365,438 yuan +08.26 yuan, the total * * needs to be repaid is 65,438 yuan+003,7365,438 yuan+082,600 yuan, and the monthly interest is 28,865,438 yuan +0.44 yuan.

Let's look at the provident fund loan. For the same loan for 30 years, the interest rate is only 3.25%, and the final total interest is 28,3371.37 yuan, and the total repayment amount is 783,375,438+0.37 yuan, 2 176.03 yuan per month.

Do you see it? The same loan is 500,000 yuan, but in the end, the provident fund loan saves about 250,000 interest than the commercial loan! For the average person, it is equivalent to working for five or six years less!

Unfortunately, there are still many people who don't know how to use it. Today, Bob used an article to explain how to pay and use the provident fund.

1. What is the provident fund? How to pay?

Provident fund, that is, housing provident fund, is also the "one gold" in the five insurances and one gold that we often say. It is a long-term housing savings fund that the state forces employers and employees to pay in the same proportion. It is specially used for individuals to pay housing expenses, such as applying for loans to buy a house, paying rent and decorating houses.

To put it bluntly, the provident fund is equivalent to a large reservoir. Units and individuals will invest some money every month. When someone wants to buy a house one day, as long as certain conditions are met, they can borrow money from this reservoir, buy a house at a very low interest rate and use cheap mortgages. And how much you invest every month, the unit will definitely help you invest.