Provident-fund mortgage calculator

Example

CNY 800,000 · 30 years · 2.85% · equal payment

Monthly payment, total interest and total repaid

For checking a fixed-rate repayment plan only.

Technical details & limits

Uses fixed-rate annuity or equal-principal formulas. Regional rates, eligibility and borrowing limits are not inferred.

About this tool

Estimate first and final payments, total interest and total repaid for a provident-fund mortgage using the terms you enter.

Use cases

• Work out the monthly payment and total interest on a provident-fund loan to compare against a commercial one.
• Compare equal-payment and equal-principal repayment on the same principal.
• Try different terms to see where the monthly payment lands.

How to use

1. Enter the principal, term and the annual rate you have confirmed.
2. Choose the repayment method: equal payment or equal principal.
3. The result gives the first and final payment, total interest and total repaid.

Notes

This page supplies no regional provident-fund rates or lending rules; enter a rate you have confirmed. Borrowing limits depend on contribution base, account balance and local caps — estimate those with the loan-limit calculator instead.

FAQ

Which inputs are needed to calculate a provident-fund mortgage payment?

The calculation needs principal, annual interest rate, term, and repayment method; it does not automatically retrieve local provident-fund policy. A 20-year term becomes 240 periods, and the annual rate is divided by 12 for the monthly model. Obtain inputs from a confirmed offer or contract. Default values demonstrate the arithmetic and should not be interpreted as current regional rates, approval terms, or confirmation of application eligibility.

How much principal is repaid monthly in an equal-principal provident-fund loan?

Monthly principal repayment equals the original loan amount divided by the total number of periods. For 240000 over 240 periods, the principal component is 1000 per month. Interest is then calculated separately on the outstanding balance using the monthly rate. With a fixed rate, the total payment declines as principal is repaid. Check the contract's rounding and timing rules before comparing this model with an actual account statement.

Does the provident-fund mortgage calculator check application eligibility?

This tool calculates repayments but does not check provident-fund eligibility, contribution requirements, or regional lending limits. The same principal over 20 years and 30 years produces different payment scenarios, but neither output establishes that those terms are available to you. Confirm eligibility and the final amount with the responsible local institution. Treat the calculator as a way to explore entered terms rather than as an approval or policy lookup service.

Related tools

• Mortgage calculator Compare monthly payments, total interest and schedules for two repayment methods
• Combined mortgage calculator Combine commercial and provident-fund loan payments and total cost
• Provident-fund loan limit calculator Cross-check income, account, property and local loan limits