The loan amount of housing provident fund is determined by repayment ability, house price, balance of provident fund account and higher loan amount. The smaller value calculated by four conditions is the amount you can borrow.

1, repayment ability

The calculation formula of repayment ability is: loan term × (total monthly salary of the lender+deposit of housing provident fund in the lender's residence )× repayment ability coefficient-total monthly repayment amount of the borrower's existing loan.

2. House price

The lender can increase the loan amount to 6,543.8+0.2 million for the house with the current house area less than 90 square meters, and purchase a second house with the loan amount of more than 90 square meters and 800,000 yuan.

3. Provident Fund balance

The loan amount of housing provident fund shall not exceed 10 times of the balance of the provident fund account. If the housing accumulation fund is less than 20,000, it shall be calculated as 20,000.

4. Higher loan amount

The higher loan amount of housing provident fund is 40 times of the balance of provident fund. If it is less than 5,000 yuan, the higher amount can be 200,000 yuan.

Extended data

Proportion of housing provident fund payment

1, and the contribution ratio of employees and unit housing provident fund shall not be less than 5% of the average monthly salary of employees in the previous year; Conditional cities can appropriately increase the deposit ratio.

2. The specific deposit ratio shall be drawn up by the Housing Provident Fund Management Committee, audited by the people's government at the corresponding level and approved by the people's governments of provinces, autonomous regions and municipalities directly under the Central Government.

3, urban individual industrial and commercial households, freelancers housing provident fund monthly deposit base in principle, according to the depositor's average monthly tax income in the previous year.