The housing provident fund can't pay the down payment for buying a house. If you want to buy a house with a loan, you must pay the down payment of the house with your own cash before you can apply for a provident fund loan. According to the provident fund balance stored in your provident fund account, you can get the corresponding funds to pay the remaining house payment. If there is enough balance in the provident fund account, you can also apply for repayment of provident fund loans at the same time, and use the provident fund balance in the account to offset the mortgage principal and principal.

Provisions on deduction of housing provident fund:

1, determination of deduction amount of individual housing provident fund, and the monthly deposit amount of employee housing provident fund includes unit part and individual deduction part;

2. The unit deduction part is calculated by multiplying the deposit base by the unit deposit ratio, and the individual deduction part is calculated by multiplying the deposit base by the individual deposit ratio;

3. The deposit ratio of housing provident fund paid by the unit for employees and deducted by individual employees shall not be less than 5% of the deposit base, and shall not exceed 20% of the deposit base;

4. Only one deposit ratio can be selected as the company's standard, and the deposit ratio of housing provident fund paid by the unit for employees and employees should be the same;

5. Employees and units each pay half, which is generally 5% to 2% of the total personal salary.

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

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

Purchase, construction, renovation and overhaul of owner-occupied housing;

2 retired;

(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;

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 will be included in the value-added income of the housing provident fund.