Since 2024, Hainan's property market policy has been constantly favorable!
A package of policies to stimulate the real estate market, such as easing restrictions on sales, purchase, down payment and interest rate reduction, has been introduced one after another, and it is almost impossible to write "pay close attention to buying houses" on the face.
Last night, Hainan Housing Provident Fund Management Bureau announced: From May 18, the interest rate of individual housing provident fund loan will be lowered by 0.25%!
This is another big positive announcement this year after the provincial housing provident fund administration announced in February that it would adjust the down payment ratio of the first set of personal provident fund loans!
The Notice clearly explains the interest rate adjustment of new and existing provident fund loans, as follows:
1、 From May 18, 2024, the interest rate of the first personal housing provident fund loan (including discount loan) for less than five years (including five years) and more than five years will be adjusted to 2.35% and 2.85%, The interest rates of the second set of personal housing provident fund loans (including discount interest loans) for less than five years (including five years) and more than five years are adjusted to 2.775% and 3.325%.
2、 Personal housing provident fund loans (including discount interest loans) issued after May 18, 2024 (including those accepted but not issued) shall be subject to the adjusted new interest rate; Personal housing provident fund loans (including discount interest loans) issued before May 18, 2024 January 1, 2025 The new interest rate will be implemented.
in other words, From January 1 next year, the interest rate of the existing provident fund loan will be cut!
Taking the purchase of a new house as an example, Xiaoyi calculated a sum of money: based on the 30-year provident fund loan of 1 million yuan for the family's first house 4135.57 yuan, About 135 yuan less than the monthly payment before interest rate adjustment! Total interest decreased by about 48452.46 yuan, It is about equal to the cost of three years for children to attend public kindergartens, and is more friendly to young house buyers.
Ps: "Staying in Hainan" is a service group created by NetEase Real Estate to purchase houses. It provides people interested in houses in Hainan with house purchase consultation, house purchase communication, answers to house purchase doubts, shares information about house prices in Hainan, etc. We will have online editors to answer any house purchase question immediately.
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