Legal analysis: the provident fund is a monthly payment, which can be used to repay commercial loans. For housing mortgage loans, whether using commercial loans or provident fund loans, the ultimate goal is to buy a house. According to the purpose of the provident fund, the provident fund can be used to repay the mortgage, and there is no requirement for the way of mortgage. Provident funds are mainly generated by providing housing convenience for users. Users who pay provident fund can buy real estate through provident fund loans, and users like to buy real estate with provident fund loans. The reason why users choose provident fund is mainly because the interest rate of provident fund loans is relatively low, and the interest rate of provident fund loans is obviously lower than that of commercial loans, especially for housing mortgage loans with long term, and the final interest paid is quite different. Users can save loan interest by choosing provident fund loans, which is also the main reason for the emergence of provident fund to reduce the pressure on users to buy houses. At present, the provident fund can not only apply for provident fund loans, but also withdraw the provident fund to repay the monthly payment of commercial loans. Users can withdraw the provident fund to repay the monthly payment of commercial loans as long as they apply to the provident fund center. As long as there is a commercial loan mortgage under the user name, users can initiate provident fund withdrawal online, and users can choose to withdraw the provident fund once a month. With the approval of the Provident Fund Center, the Provident Fund Center will transfer the monthly provident fund to the designated bank account according to the agreed time, and users can use the funds to repay the monthly payment of commercial loans.

Legal basis: Regulations on the Management of Housing Provident Fund Article 2 These Regulations are applicable to the deposit, withdrawal, use, management and supervision of housing provident fund in People's Republic of China (PRC). The term "housing accumulation fund" as mentioned in these Regulations refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units and social organizations (hereinafter referred to as units) and their employees.

How to repay commercial loans with provident fund?

Procedures for using housing provident fund to repay commercial housing loans:

1. Bring the provident fund card and commercial loan materials to the loan bank;

2, signed the "use of housing provident fund to return the housing loan agreement";

3. The bank will automatically deduct money from the housing provident fund account on a regular basis to repay the commercial housing loan.

There are two main ways to use housing provident fund to repay housing loans:

1, one is a one-time repayment method, that is, the housing provident fund is withdrawn once a year and the loan principal is repaid once.

2, the other is the monthly repayment method, that is, the monthly withdrawal of housing provident fund to repay the loan principal and interest of the month.

3. The former is equivalent to repaying the loan in advance once a year, saving interest expenses, while the latter reduces the borrower's monthly cash expenses and reduces the financial pressure of cash flow.

There is no difference between the two methods, and the borrower needs to choose according to his own situation. But no matter which way, it is to use the housing provident fund as much as possible to improve its repayment ability and facilitate the arrangement of financial and repayment plans. This is actually a manifestation of improving the self-occupation ability and housing consumption level.

In fact, the simplest way is to withdraw the money from the provident fund every year and then repay the commercial loan.

Can commercial loans be repaid with provident fund?

You can use the provident fund to repay the loan every month. It is very common for provident fund to offset repayment. Just go to the provident fund management center to handle related business. After the transaction, the balance of the provident fund is withdrawn monthly or annually to deduct part of the repayment amount of the commercial loan. What are the requirements for applying for repayment of provident fund? 1. When applying for repayment of the provident fund, the borrower's housing provident fund will be paid normally, and there can be no suspension or deferment. 2. When applying for repayment of provident fund, the borrower must repay normally for more than two months, with good credit and no overdue behavior. 3. When the borrower who withdraws the provident fund for repayment applies for repayment, the deposit amount of the housing provident fund shall be kept in the deposit account for more than 6 months. How to repay the provident fund 1? The staff of the municipal provident fund management said: if the purchase time is less than one year, the loan can be deducted directly from the provident fund account every month. If the amount in the provident fund account has been purchased for one year, you can withdraw the loan to repay the house purchased by yourself and your spouse. When the amount of provident fund is insufficient, the client shall make up in time. This way can not only offset the principal and interest of commercial loans, but also offset the principal and interest of provident fund loans. 2. After handling the housing provident fund loan, the borrower will have a memory card of the housing provident fund, and then repay the bank loan monthly through this card. If there is some demand for prepayment, the repayment amount can be deposited before the fixed repayment date every month. It should be noted that the prepayment amount is deposited into the provident fund memory card three working days in advance, and then the telephone language system is operated. After the setting is completed, the housing provident fund management will automatically deduct the prepayment amount on the fixed deduction date, and then the repayment amount and new interest will facilitate the monthly repayment to generate a new date. Repay the loan principal once a year, and recalculate the monthly repayment amount according to the remaining loan principal and repayment period after repayment. After one-time repayment, the monthly repayment does not use the money in the provident fund account, but needs to use the customer's own funds.

I want to ask whether commercial loans can be repaid with provident fund.

Commercial loans can be repaid with provident fund, and the following conditions need to be met:

1. When applying for withdrawal of provident fund for repayment, the borrower's housing provident fund will be paid normally, and there can be no suspension or postponement of payment.

2. When applying for repayment of provident fund, the borrower must repay normally for more than two months, with good credit and no overdue behavior.

3. When the borrower who withdraws the provident fund for repayment applies for repayment, the deposit amount of the housing provident fund shall be kept in the deposit account for more than 6 months.

Users can also repay by transferring commercial loans to provident fund loans. Conditions for transferring commercial loans to provident fund loans:

1. When the applicant applies for a loan, the provident fund is in a normal deposit state.

2, the applicant or * * * with the applicant's unit in accordance with the provisions for the borrower to pay housing provident fund for more than 6 months, the requirements of different regions are not uniform.

3. The applicant has a stable income and the ability to repay the loan.

4. Guarantee recognized by the lending institution can be provided.

5. The applicant and * * * together with the applicant, including the spouse, have no outstanding loans or other debts except the loan transferred to the provident fund.

6. The "Property Ownership Certificate" or "Housing Advance Notice Registration Certificate" of commercial loans involving provident fund loans has been completed, and mortgage registration procedures can be handled.

7. The normal repayment of commercial loans is more than 1 year, and there is no record of overdue repayment.