1. The housing loan is through the provident fund. You can choose to deduct the provident fund in the loan era, so that the balance in the provident fund account will be deducted first when repaying the mortgage;

2. If the house purchase loan fails to pass the provident fund loan, the balance in the provident fund account shall be withdrawn after the house purchase mortgage repayment.

The method of repaying the provident fund loan is as follows:

1. One-time repayment method: withdraw the balance of the housing provident fund account from the entrusted bank once a year, repay the loan principal once, and recalculate the monthly repayment amount according to the remaining loan principal and repayment period after repayment;

2. Monthly repayment method, that is, the repayment method of directly extracting the loan principal and interest of the current month from the customer's provident fund account every month;

The conditions of provident fund mortgage loan are as follows:

1. Have a residence permit or valid ID card in the city where you live;

2. Must participate in the housing provident fund system;

3. Employees shall continuously pay the housing provident fund in full for more than 6 months.

In short, according to the relevant laws and regulations of our country, the housing provident fund can of course be used to repay the mortgage. In addition, there are cases where the balance of the housing provident fund account is withdrawn, such as employees buying houses, employees building houses, employees decorating houses, and employees decorating their own houses.

Legal basis: Article 24 of the Regulations on the Administration of Housing Provident Fund.

Workers in any of the following circumstances, you can extract the balance of storage in the employee housing provident fund account:

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

(2) retirement;

(three) completely lose the ability to work, and terminate 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 shall be included in the value-added income of the housing provident fund.