1. Determination of individual housing provident fund loan amount

The current housing provident fund has a maximum loan amount of 800,000 yuan and the longest repayment period is 30 years. The specific determination method is as follows:

(1) Determine the loan amount in proportion to the total house price.

① For the purchase of commercial housing, the maximum loanable amount is 80% of the total price of the purchased housing;

② For the purchase of second-hand houses, the maximum loan amount is 70% of the transaction price of the purchased houses, and the longest loan period is 30 years.

(2) Determine the loan limit according to the monthly household income of the loan applicant and spouse. Its calculation formula is: salary base of provident fund (i.e. monthly income) ×60%× loan period.

Note: Monthly income = monthly contribution of employee housing provident fund ÷ contribution ratio of employee housing provident fund.

(3) Deduct the basic living expenses (tentatively: 500 yuan/person/month) according to the monthly income of the borrower, and determine the loan amount with the residual wage income as the maximum monthly repayment limit.

The specific amount of employee loans is determined according to the borrower's application amount and the above-mentioned limit standards. If the applied loan amount does not exceed the prescribed limit, the applied loan amount shall be the actual loan amount; If the applied loan amount exceeds one of the limits, the lower limit will be used as the loan amount.