If you have already purchased a house and signed a contract, it is not possible to get a refund now due to changes in provident fund down payment policy.

Once a house purchase contract is signed, whoever breaches the contract will bear legal liability.

Since you have paid the down payment for the house purchase, you must also sign the house purchase contract. Now you cannot apply for a provident fund loan. If you want to refund the down payment, you have to bear the responsibility.

There are three repayment methods for provident fund loans:

One-time repayment method: Withdraw the balance of the provident fund from the housing provident fund account and repay the loan in one go. Many people use this method to repay their loans after retirement. After repaying the loan, if there is still a loan that has not been repaid, the remaining loan principal and repayment term will be recalculated to determine the monthly repayment amount for each subsequent month.

Stop loan repayment for a few months: Withdraw the balance from the provident fund account and repay the loan in advance. After repaying the loan early, the lender can stop repaying the loan for a number of months. (The length of the loan repayment suspension period is determined by the amount of the loan repaid in advance, but it cannot exceed 12 months.) After the loan repayment suspension period ends, the borrower must continue to make monthly repayments. The interest owed during the suspension period will not be charged penalty interest or compound interest, and will be deducted from the monthly repayment after the end of the suspension period. Some home buyers often use this method to repay their loans when their income changes at a certain stage (such as illness, childbirth, unemployment, etc.).

Monthly repayment method: Provident fund is withdrawn directly from the provident fund account every month to repay the loan. When the amount of housing provident fund withdrawn is insufficient, the lender must make up the repayment amount in a timely manner.