After the customer buys a house with a provident fund loan, the interest generated by the mortgage can be deducted from the special additional items of personal income tax.

The so-called "special additional deduction for personal income tax" means that taxpayers can enjoy six special additional deductions for children's education, continuing education, serious illness medical care, housing loan interest, housing rent and supporting the elderly in addition to the basic deduction of 5,000 expenses and the special deduction of "three insurances and one gold" when calculating the taxable income of individual tax.

It should be noted that the scope of the special additional deduction of mortgage interest only includes the interest expenses of the first home loan incurred by the taxpayer or his spouse alone or * * * together with the personal housing loan of the commercial bank or housing provident fund purchased in China.

In the year when the loan interest actually occurs, it shall be deducted according to the standard of 1000 per month, and the maximum deduction period shall not exceed 240 months. Taxpayers can only enjoy a first home loan interest deduction. After the husband and wife agree, they can choose one of them to deduct.

Matters needing attention in buying a house with provident fund loan:

1. Couple loan with provident fund loan. If both husband and wife borrow money to buy a house, whether they apply for provident fund loans before or after marriage, as long as one of them has applied for provident fund center, there will be corresponding records in the system. Before the last loan is paid off, both husband and wife can no longer use the provident fund loan to buy a second house.

2. Provident fund loan second suite. Borrowers who use provident fund loans to buy houses, such as the first house, use it. Before the provident fund loan is paid off, it is not allowed to apply for a provident fund loan again to buy a second house. Only when the previous housing loan is paid off can the provident fund loan be used again. It will not be regarded as the second house, but it will still be regarded as the first house operating according to its policies.

Don't use the provident fund before applying for a loan. If the borrower takes the balance of the provident fund to pay the house payment before the loan, the balance of the provident fund in your provident fund account will be zero, and your provident fund loan amount will be zero, which means you will not apply for a provident fund loan.

4. Don't repay the loan in advance in the first year. According to the relevant provisions of the provident fund loan, part of the prepayment should be made one year after the repayment, and the amount you return should exceed the repayment amount of six months.