Is to use the borrower's provident fund balance to repay housing loans, including commercial loans and portfolio loans. There are two repayment methods: "annual repayment" and "monthly repayment". The annual repayment method is equivalent to partial prepayment once a year, but this method gives priority to repaying the principal of provident fund loans, and the principal of commercial loans can only be repaid after the provident fund loans are settled. In addition, the monthly repayment amount must be repaid in cash (monthly contributions should be deposited in a savings card). Use the monthly repayment method. In addition to the "monthly principal and interest payable" of provident fund loans, the "monthly principal and interest payable" of commercial loans can also be offset. When the balance of the housing provident fund account is insufficient, it will be deducted from the repayment account designated by the borrower.

General provident fund repayment methods are as follows:

1. One-time repayment method: it means to withdraw the balance of the housing provident fund account from the entrusted bank once a year, repay the loan principal once, and recalculate the monthly repayment amount according to the remaining loan principal and repayment period after repayment. After one-time repayment, the monthly repayment needs to use the customer's own funds, not the money in the provident fund account.

2. Monthly repayment method: refers to the method of directly withdrawing the loan principal and interest of the current month from the customer's provident fund account every month. When the amount of the withdrawn provident fund is insufficient, the client shall make up the repayment amount in time. This way can not only offset the principal and interest of provident fund loans, but also offset the principal and interest of commercial loans. Baidu encyclopedia-provident fund repayment

First, how to repay the combined loan provident fund.

First, the employee applies to the unit, and after verification, the unit issues an application for the withdrawal of employee housing provident fund and seals it. The employee submits the loan contract, monthly repayment passbook and withdrawal application to the borrowing bank for processing.

If it is a one-time payment to buy a house, then as long as it is within half a year, with the purchase contract and purchase invoice, you can withdraw the integer part of the balance in the personal provident fund account. For example, if the balance of the provident fund account is 2940 yuan, then the amount that can be withdrawn is 2900 yuan. Application for provident fund loans or withdrawal of provident fund for other reasons such as home improvement shall not be approved.