Provident fund loans require continuous payment in the account for 6 months or more. For example, the monthly deposit of the provident fund is 1 1,000 yuan, and the balance of the provident fund loan account must be 6,000 yuan to meet the primary conditions of the provident fund loan. Provident fund is a kind of housing savings. Employees who pay the provident fund can make provident fund loans when buying, decorating and building houses, and the monthly payment is convenient and affordable. The balance of the provident fund account is closely related to the loan amount. Usually, the more the account balance, the higher the loan amount you can apply for. For example, if you buy a new house, the amount of the provident fund loan can reach 20 times of the account balance. The amount of provident fund loan for purchasing second-hand houses can reach 10 times of the account balance. Of course, the loan amount is not unlimited. Different regions have the maximum amount of provident fund loans, which is subject to local policies.

Provident fund loans are not owned by everyone, and the following five conditions need to be met at the same time:

First, only employees who participate in the housing provident fund system are eligible to apply for housing provident fund loans, and employees who do not participate in the housing provident fund system cannot apply for housing provident fund loans.

Two, to participate in the housing provident fund system to apply for housing provident fund personal housing loans must be met at the same time, to apply for loans before the continuous deposit of housing provident fund for not less than six months.

Three, one of the spouses has applied for housing provident fund loans, before the principal and interest of the loan is paid off, neither spouse may obtain housing provident fund loans.

Four, the loan applicant in the application for housing provident fund loans, in addition to a relatively stable economic income and the ability to repay loans, there are no other outstanding debts that may affect their ability to repay housing provident fund loans.

Five, provident fund loans for a period of not more than 30 years. For portfolio loans, the loan conditions of provident fund loans and commercial housing loans must be the same.

The new rules for provident fund loans stipulate that:

1. According to the new policy (20 14, 1 1), the target of housing provident fund loans is paid-in employees who buy the first set of self-occupied housing or the second set of improved ordinary self-occupied housing, and it is not allowed to issue housing provident fund personal housing loans to the families of paid-in employees who buy the third and above houses. 20 10 Relevant departments issued a document requesting the implementation of the housing provident fund loan policy of supporting the first set, restricting the second set and prohibiting the third set.

2. A city divided into districts with a housing provident fund personal housing loan issuance rate of less than 85% may appropriately increase the first set of self-occupied housing loans according to the local commodity housing price and per capita housing area. Zhang, director of the Housing Provident Fund Supervision Department of the Ministry of Housing and Urban-Rural Development, said that the loan amount of housing provident fund is an important factor affecting the mutual assistance of the system. Appropriately increasing the loan amount of the first set of self-occupied housing reflects the principle that the housing provident fund system supports basic housing consumption and makes full use of funds.

3. All localities should realize mutual recognition and transfer of housing provident fund deposit in different places, and promote the loan business in different places, that is, employees can apply for individual housing loans of housing provident fund to the housing provident fund management center where their household registration is located with the deposit certificate issued by the housing provident fund management center in their place of employment.

How much do I need to keep the balance of provident fund loans?

To apply for provident fund loans, the provisions on the balance of the applicant's housing provident fund account are as follows:

1. The housing provident fund account must have deposits for more than six months (inclusive).

2. There are no specific restrictions on the balance of the housing provident fund account. It is not accurate to say that the balance of online housing provident fund account must reach more than 10 thousand before loans can be made. As long as the first requirement is met in most areas, loans can be made even if the balance of the housing provident fund account is less than 1 10,000 (specifically, according to the regulations of the local housing provident fund management center, telephone consultation is enough).

In addition, the conditions for provident fund loans are:

1. The housing provident fund account in the month of application must be in a normal state (if the housing provident fund account is sealed, the housing provident fund loan cannot be processed temporarily).

2. The applicant has never applied for a provident fund loan or the loan has been settled (if you have applied for a provident fund loan once, you need to pay off the loan before you can apply for a new provident fund loan; Those who have applied for provident fund loans twice, regardless of whether the loans are settled, can not apply for new provident fund loans.

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Provident fund balance and loan amount

Legal analysis: 1. The amount of provident fund loans is generally related to the balance in the card. The loanable formula is: the amount of the provident fund paid by the loan employees in a month ÷ the proportion of the provident fund paid by the loan employees × the repayment ability coefficient (currently 0.45)× 12× the actual loanable period. Generally speaking, the loan amount of housing provident fund is linked to the storage balance of the account. At present, the correlation multiple has been relaxed from 15 to 40. The loan amount is 200,000 yuan (excluding the supplementary provident fund loan amount), and there must be at least 5,000 yuan in the housing provident fund account. 2. The loan amount cannot exceed the high amount of a single housing provident fund loan. The specific loan amount and term must meet the requirements of single high loan amount, loanable high loan amount and low down payment. Purchase of private housing, targeted sales of affordable housing, fund-raising for building, public existing housing, construction, renovation and overhaul of self-owned housing, the loan amount shall not exceed 70% of the housing purchase price (housing evaluation value) or the cost of housing construction, renovation and overhaul. 3. The loan limit determined according to the multiple of the storage balance of the housing provident fund account shall not be higher than the loan limit determined according to the 20 times of the storage balance of the housing provident fund account of the borrower or husband and wife. If the balance of the housing provident fund account of the borrower or husband and wife is less than 6,543.8+0,000 yuan, it shall be calculated as 6,543.8+0,000 yuan.

Legal basis: Interim Measures for the Administration of Personal Loans.

Article 11 An individual loan application shall meet the following conditions: (1) The borrower is a People's Republic of China (PRC) citizen with full capacity for civil conduct or an overseas natural person who meets the relevant provisions of the state; (2) The purpose of the loan is clear and legal; (3) The amount, duration and currency of the loan application are reasonable; (4) The borrower has the willingness and ability to repay; (5) The borrower's credit status is good and there is no significant bad credit record; (6) Other conditions required by the lender.

Article 12 The lender shall require the borrower to apply for a personal loan in writing, and require the borrower to provide relevant materials that can prove that it meets the loan conditions.

Article 13 After accepting the borrower's loan application, the lender shall fulfill the obligation of due diligence, investigate and verify the authenticity, accuracy and completeness of the personal loan application content and related information, and form an investigation and evaluation opinion.

What is the balance of provident fund loans?

Generally speaking, the personal provident fund loan amount is 20 times of the balance of 10- provident fund account.

The calculation of specific provident fund loan amount should be determined according to four conditions: repayment ability, the proportion of provident fund loans to house prices, the balance of housing provident fund account and the maximum loan amount, and the minimum value calculated by the four conditions is the maximum loanable amount of borrowers. The calculation method is as follows:

Loan amount calculated according to repayment ability: (total monthly salary of the borrower, monthly contribution of the housing accumulation fund of the borrower) × repayment ability coefficient-total monthly repayment amount of the borrower's existing loan × loan term (month). If the spouse's quota is used, (total monthly salary of husband and wife, monthly contribution of housing provident fund of husband and wife's work unit) × repayment ability coefficient-total monthly repayment amount of existing loans of husband and wife × loan period (month). Among them, the repayment ability coefficient is 40%, and the total monthly salary = the monthly contribution of the provident fund ÷ (the ratio of unit contribution to individual contribution);

Loan amount calculated according to house price: loan amount = house price × loan ratio. The loan ratio is determined according to the different types of houses purchased, built and repaired and the number of mortgage sets;

According to the loan amount calculated by the balance of the housing provident fund account, if an employee applies for a housing provident fund loan, the loan amount shall not be higher than 10 times of the balance of the housing provident fund account when the employee applies for a loan (at the same time, using the spouse housing provident fund to apply for a provident fund loan is the sum of the balance of the employee's own and spouse's housing provident fund account), and if the balance of the housing provident fund account is less than 20,000, it shall be calculated as 20,000;

According to the loan amount calculated by the maximum loan amount, if I use my housing provident fund to apply for housing provident fund loans, the maximum loan amount is 400,000 yuan; At the same time, if the spouse's housing provident fund is used to apply for housing provident fund loans, the maximum loan amount is 600,000 yuan. I use my housing provident fund to apply for a housing provident fund loan, and if I normally repay the housing provident fund when applying for a loan, the maximum loan amount is 500,000 yuan; At the same time, if the spouse's housing provident fund is used to apply for a housing provident fund loan, and the spouse or I normally pay a supplementary housing provident fund when applying for a loan, the maximum loan amount is 700,000 yuan.