The amount of provident fund loan is calculated as follows: the contribution base of provident fund X0.5 (coefficient) X 12 (one year 12 months) X20 (the upper limit of provident fund loan is 20 years).

If your contribution base of provident fund is 4000 yuan, then your loan amount is 4000 x0.5x12x20 = 480000 yuan. However, in some cities, there is an upper limit on the amount of personal loans. If the personal loan amount of provident fund in your city is less than 480,000 yuan (such as 350,000 yuan), then you can only get the upper limit (350,000 yuan).

Extended data:

Calculate how much provident fund you can borrow according to the following formula:

Monthly contribution amount of provident fund ÷ contribution ratio × individual repayment ability coefficient (at present, the individual repayment ability coefficient is 0.3)× 12 (month )× actual loanable period (the legal retirement age for men is 60 years, for women is 55 years, the loanable period for commercial housing is not more than 30 years, and that for second-hand housing is not more than 20 years).

For example:

I pay 200 yuan Provident Fund separately with the company every month. How much provident fund can I borrow?

The loanable amount is: 200 ÷ 8% × 0.3×12× (60-33) = 243,000 yuan. But at present, individuals can only borrow 200 thousand provident fund at most, so they can only borrow 200 thousand at most

1. Calculate the loan amount of provident fund in the following two ways, taking the smaller value as the upper limit and not exceeding the maximum loan amount of the corresponding grade.

(1) 10 times of the balance of the borrower's housing provident fund deposit (based on the data of 12 the night before the application for provident fund loan). If the borrower's spouse meets the conditions of provident fund loan, the balance of housing provident fund deposit shall be calculated together.

References:

Provident fund loans _ Baidu Encyclopedia