According to the Regulations of Changsha Municipality on the Management of Housing Provident Fund, the maximum loan amount of Changsha Provident Fund is 600,000 yuan. The calculation formula of loan amount is: the loanable amount of housing provident fund = (monthly deposit amount of housing provident fund × 12× future deposit period+personal account balance of housing provident fund) × 2, and the value calculated by the formula is the reference value. The specific loan amount also needs to be determined according to the monthly deposit amount of the housing provident fund, the future deposit period and the personal account balance of the housing provident fund.

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.

Don't forget to find the bank around you if you have difficulty repaying the loan. Don't insist on it yourself when your solvency drops during the loan period and it is difficult to repay. ICBC customers can apply to ICBC for extending the loan term. According to our investigation, if there is no default in loan principal and interest, we will accept your application for extension.

6. Don't forget to inform the rental obligation after the loan. When renting a mortgaged house during the loan period, the lessee must be informed of the mortgage facts in writing.

7. Don't forget to cancel the mortgage after the loan is paid off. When you have paid off all the loan principal and interest, you can go to the district or county real estate trading center where the real estate is located to cancel the mortgage with the bank's loan settlement certificate and other real estate rights certificates of the mortgaged real estate.