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.

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.

Can the provident fund repay commercial loans?

The provident fund can repay commercial loans, and employees can apply for provident fund loans as long as they meet the application conditions for provident fund loans of the same age who have paid the provident fund for more than 6 months, regardless of whether the employees have outstanding commercial loans. At the same time, however, the monthly repayment amount of provident fund loans shall not be higher than 50% of the family's monthly income. If you have outstanding commercial housing loans, you should arrange your own repayment funds.

Article 24 of the Regulations on the Management of Housing Provident Fund

In any of the following circumstances, employees may withdraw the storage balance in the employee housing provident fund account:

(a) the purchase, construction, renovation and overhaul of owner-occupied housing;

(2) retirement;

(3) resisting the beam, completely losing the ability to work, and terminating the labor relationship with the unit;

(4) Having left the country to settle down;

(5) Repaying the principal and interest of the house purchase loan;

(six) the rent exceeds the prescribed proportion of family wage income.

In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time.

If an employee dies or is declared dead, the employee's heirs and legatees may withdraw the storage balance in the employee's housing provident fund account; If there is no heir or legatee, the storage balance in the employee housing provident fund account of Zhichang Queyun shall be included in the value-added income of the housing provident fund.