(1) The maximum amount of a single housing provident fund loan is: 700,000 yuan for two or more employees and 400,000 yuan for a single employee who meets the housing provident fund individual housing loan conditions.
(2) The loan amount calculation formula is: the loan amount of two or more employees who meet the housing provident fund loan conditions = (borrower's deposit balance+* * * borrower's deposit balance) ××× deposit time coefficient× 20 times; Individual employee loan amount = loan applicant's deposit balance × deposit time coefficient ×20 times.
Legal basis: 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 their housing provident fund accounts:
(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.