The calculation of provident fund loan amount is determined based on four conditions: loan repayment ability, house price ratio, housing provident fund account balance and maximum loan limit. The minimum value calculated from the four conditions is the maximum loan amount that the borrower can amount.

The calculation method is as follows:

1. According to the loan repayment ability

The calculation formula is:

{(Borrower’s total monthly salary + The monthly payment amount of the housing provident fund of the borrower's unit) × loan repayment ability coefficient - the total monthly repayment of the borrower's existing loan} × loan term (months).

If you use the spouse's quota:

{(Total monthly salary of both spouses + Monthly housing provident fund payment amount of the employer where both spouses work) × Loan repayment ability coefficient - Existing monthly loan amount of both spouses Total amount to be repaid} × loan term (months).

The loan repayment ability coefficient is 40%

Total monthly salary = monthly provident fund payment ÷ (unit contribution ratio + individual contribution ratio).

2. Based on the house price

The calculation formula is:

Loan amount = house price × loan ratio

Loan ratio Determined based on the different types of housing purchased, constructed and repaired and the number of housing loans:

a. Purchase of commercial housing, limited-price commercial housing, targeted resettlement of affordable housing, targeted sales of affordable housing or private property housing.

Employee families (including employees, spouses and minor children, the same below) take loans to purchase their first homes (including commercial housing, limited-price commercial housing, targeted placement of affordable housing, targeted sales of affordable housing or private property housing), and the building area of ??the purchased house is less than 90 square meters (including 90 square meters), a down payment of no less than 20% of the purchase price of the house should be paid, and the loan amount shall not be higher than 80% of the purchase price of the house; If the building area of ??the purchased house exceeds 90 square meters, a down payment of no less than 30% of the purchased house price shall be paid, and the loan amount shall not exceed 70% of the purchased house price.

If an employee family takes a loan to purchase a second home, they should pay a down payment of no less than 50% of the purchase price of the home, and the loan amount shall not be higher than 50% of the purchase price of the home.

For employee families who take out loans to purchase their third or more homes, the issuance of personal housing provident fund loans will be suspended.

When purchasing a privately owned house, if the house price and the appraised price are inconsistent, the lower value of the two will be used to determine the amount.

When purchasing affordable housing for targeted resettlement, the loan amount should not be higher than the difference between the total price of the house purchased and the housing compensation.

b. When purchasing an existing public house, the loan amount shall not exceed 70% of the price of the purchased house; when constructing, renovating or overhauling a self-owned house, the loan amount shall not exceed 70% of the cost of building the house. %.

3. According to the account balance

If an employee applies for a housing provident fund loan, the loan amount shall not be higher than the balance of the employee's housing provident fund account when applying for a loan (if the spouse's housing provident fund is used to apply for a provident fund loan at the same time, it is 10 times the sum of the housing provident fund account balances of the employee and his spouse). If the housing provident fund account balance is less than 20,000, it will be calculated as 20,000.

4. According to the maximum limit

If you use your own housing provident fund to apply for a housing provident fund loan, the maximum loan limit is 400,000 yuan; if you use your spouse’s housing provident fund to apply for a housing provident fund loan at the same time, the maximum loan limit 600,000 yuan.

Based on the development and provident fund storage situation of each city, some cities have relaxed the provident fund loan limit. For example, in Xi'an, Guangzhou, etc., the personal loan is 60W.

If you use your own housing provident fund to apply for a housing provident fund loan, and you make a normal deposit of supplementary housing provident fund when applying for a loan, the maximum loan limit is 500,000 yuan; you can also use your spouse's housing provident fund at the same time. If you apply for a housing provident fund loan, and you or your spouse make regular deposits into the housing provident fund when applying for the loan, the maximum loan limit is 700,000 yuan.

If the employee or his spouse normally pays and deposits the monthly housing subsidy when applying for a loan, the regulations on the normal payment and deposit of the supplementary housing provident fund shall be followed.

The calculated loan limit value is kept to the thousandth place, and the thousandth place value that is not zero below the thousandth place is increased by one.

Note: The maximum provident fund loan age is 65 years old, the monthly income is less than 800 yuan, and the person has no repayment ability and cannot get a loan.

If the monthly income remains unchanged: the same loan amount is used for those under 35 years old. The loan amount increases and the number of years decreases with age between 35 and 65 years old

With the same age: 800- The loan amount of 1,700 yuan increases with the increase in income, and the loan amount is the same for income above 1,700 yuan

Extended information:

Individual application for provident fund loan process:

If the individual has If you need to buy a house, build, renovate or overhaul a house, rent a house or decorate a house, you can apply for a Provident Fund loan. The specific process is as follows:

1. The borrower brings all the loan materials and submits a written application at the local Housing Provident Fund Management Center outlet. And fill out the "Housing Provident Fund Loan Application Form";

2. The Housing Provident Fund is responsible for reviewing the borrowing qualifications, guarantor qualifications, loan amount, loan period, etc.;

3. After passing the review, The borrower signs relevant loan contracts and agreements, and applies for insurance;

4. The Housing Provident Fund Center issues a loan approval notice to the bank, and entrusts the bank to sort out the materials and go to the real estate transaction department to handle the mortgage and pledge procedures;

5. After the mortgage and pledge certificates are issued, the bank will sort out the borrower's materials and submit them to the provident fund management agency for review again;

6. The bank will grant the loan after review.

Note that you cannot apply for provident fund loans in the following four situations:

1. The building structure is a brick-wood structure or a mixed structure;

2. The purpose is non-residential Housing and low-density commercial housing;

3. Have used housing provident fund loans twice;

4. Do not meet other provident fund loan conditions, etc.

Provident fund loan application conditions:

Provident fund loans are loans available to employees who have paid housing provident funds. As long as you have paid housing provident funds, you can follow the relevant provisions of provident fund loans. Go apply for a personal housing provident fund loan. The application conditions for provident fund loans are as follows:

1. The applicant has a permanent residence in a certain city or a valid residence certificate.

2. Applicants must have paid and deposited the housing provident fund in full for at least 12 consecutive months before applying, or have continuously paid and deposited the housing provident fund for more than 12 months after withdrawing the provident fund.

3. Applicants need to have a legal and stable job and income, stable economic income and the ability to repay loans.

4. Applicants need to have a contract or relevant supporting documents for purchasing, constructing, renovating, or overhauling ordinary housing for self-occupation in this city.

5. The applicant must have good personal credit, meet other conditions stipulated by the Provident Fund Center, and agree to provide guarantee in accordance with the guarantee method approved by the Provident Fund Center.

6. If it is a couple, both spouses must have no outstanding housing provident fund loans and housing provident fund policy discount loans.

Of course, provident fund loan policies may vary from place to place. It is best for you to consult with the relevant local departments and the actual situation shall prevail.