housing purchased | first housing | second improved housing | ||||
borrowing family | one borrower | two or more borrowers | one borrower | two or more borrowers | ||
childless or one-child | multi-child | childless or one-child | multi-child | |||
housing provident fund max. loanable amount (in rmb) | 650,000 | 780,000 | 1.3 million | 1.56 million | 500,000 | 1 million |
supplementary housing provident fund max. loanable amount (in rmb) | 150,000 | 180,000 | 300,000 | 360,000 | 150,000 | 300,000 |
total loanable amount (in rmb) | 800,000 | 960,000 | 1.6 million | 1.92 million | 650,000 | 1.3 million |
rate of down payment | the minimum rate of down payment is 20%. | 1. the minimum rate of down payment is 35%; 2. the minimum rate of down payment is 30% if the housing purchased is in lin-gang special area, and jiading, qingpu, songjiang, fengxian, baoshan, and jinshan districts. | ||||
loan interest rate | shorter than five-year period (included): 2.35%; longer than five-year period: 2.85%. | shorter than five-year period (included): 2.775%; longer than five-year period: 3.325%. | ||||
