2012年7月16日，深圳市住房公积金管理中心在其网站上公布了《深圳市住房公积金贷款管理暂行规定》（征求意见稿），表明深圳公积金贷款业务推进进入实质阶段。本次意见稿重点从贷款额度、期限和利率等方面对公积金贷款进行细化。

July 16, 2012，Shenzhen housing accumulation fund management center published on its web site《Shenzhen housing accumulation fund loan to the provisional regulations》（Draft version of the），Shenzhen accumulation fund loan business that push into essence stage。The draft focus from loans、Term and interest rate of accumulation fund loan thinning。

最高额度80万，低总价需求得以利好 The highest amount 800000，Low price needs to positive news

　　意见稿规定单套住房公积金贷款最高额度为80万元，这个额度上限与目前其他一线城市如北京，上海和广州保持一致。以首套房首付三成，80万元的最高贷款额度来估计，公积金贷款将会满足114万元左右的总价需求，以深圳6月约19000元/平米的住宅价格来判断，定位低总价的刚需购房者将获益最多。

The draft regulations single set of housing accumulation fund loan highest quota for 800000 yuan，The amount and other current cap a line cities such as Beijing，Shanghai and guangzhou to remain consistent。The first suite require thirty percent down，800000 yuan of highest loan amount estimate，Accumulation fund loan will meet the demand price 1.14 million yuan，To shenzhen June about 19000 yuan/square meters of house prices to judgment，Positioning of the total value of the low to the person that buy a house will just the most benefit from。

执行利率4.5%，购房者利息最高节省37万 Execution rate of 4.5%，The person that buy a house interest supreme save 370000

　　意见稿明确深圳公积金贷款利率将执行目前国家规定，即5年期及以下利率4.0%，五年期以上利率4.5%。从房贷普遍为5年期以上来看，公积金贷款利率低于目前商贷利率7折。相比较于商业贷款的基准利率，以最高贷款额度80万计算，30年期购房者公积金贷款的累积还款额最多可节省37万元。

The draft clear accumulation fund loan interest rates will enforce the shenzhen at present state regulations，That is the 5-year and interest rate 4.0%，Five-year above 4.5% interest rates。From mortgages for common 5-year above to see，Accumulation fund loan interest rate is below the current business loan interest rate 7 fold。In comparison to business loan benchmark rates，With the highest loans 800000 calculation，Thirty years of accumulation fund loan buyers payments can save up to 370000 yuan。

　　陈雪认为，深圳新推公积金贷款，虽然最高贷款额度没有突破一线城市80万元的水平，但却也能够满足一般小户型、低总价的刚性需求。另外由于公积金贷款利率较低，仅有4.5%，相当于普通商贷基准利率打六九折，80万30年期总利息最高可节省37万，极大的优势一方面将进一步促进深圳刚性需求释放，另一方面也将对分流大量的商业银行贷款业务，商贷优惠的策略可能有所改变。

ChenXue think，Shenzhen new push accumulation fund loan，Although the highest loans did not break through a city of 800000 yuan level，But it can also meet general small family、The low of the total value of the rigid demand。Plus, because of accumulation fund loan interest rates low，Only 4.5%，Ordinary business loan is equivalent to the benchmark interest rates play 69 fold，800000 a 30-year highest total interest can save 370000，Great advantages on one hand will further promote shenzhen rigid demands to release，On the other hand will also to tap a large number of commercial bank loan business，Business loan discount strategy may change。

　　据链家地产市场研究部统计，2012年6月深圳市住宅（新房和二手房）成交9244套，环比增长3.2%，同比下降24%，与年内最低1月份相比，上涨2.3倍，是2012年7月以来最高值。3月以来，无论是新房，二手房还是总体住宅情况，增长速度都有所放缓，保持着高位稳涨的态势。

According to the real estate market research statistics chain home，In June 2012, shenzhen residence（Bridal chamber and secondhand the room）Clinch a deal of 9244，Annulus comparing growth of 3.2%，24% year-on-year drop，And years than in the minimum 1，Rising 2.3 times，Since July 2012 peak。Since march，Whether bridal chamber，Secondhand the room or overall housing situation，Growth slowed in the speed，Keep the high stability of rising trend。

　　陈雪认为，作为大中城市中最后推进公积金贷款的城市，放开公积金贷款比提高公积金额度调整等微调政策更具有刺激性。预计这项政策最快将在3季度末落地，而目前的成交量增长的情况恐怕会延续至四季度，深圳将有可能是今年一线城市中成交量增长最为明显的城市。但从珠海等城市最新微调冲动被压制情况来看，下半年调控基调依然从严，深圳公积金贷款引发的行情将会被局限在区域内，难以影响到全国房地产市场。

ChenXue think，As cities, the last of the city of accumulation fund loan，Let go of accumulation fund loan amount than improving accumulation fund adjustment fine-tuning policy is more irritating。The policy is expected to fastest will be landing at the end of the third quarter，But the present volume growth will continue until the fourth quarter, I'm afraid，Shenzhen will likely is a line in the city this year volume growth the most obvious of the city。But from the zhuhai city latest fine-tuning impulse is pressing situation，The second half is still strict regulation fundamental key，Shenzhen accumulation fund loan market will be caused by the limitations in the area，Hard to affect the national real estate market。

　　（审校：劳蓉蓉）

（a.：LaoRongRong）