How much can a military provident fund loan be borrowed?

How much a military provident fund loan can be borrowed, "The calculation of the military provident fund loan amount is based on the loan repayment ability, housing price ratio, housing provident fund account balance and loan The limit is determined by four conditions, and the smaller value calculated from the four conditions is the amount that the borrower can borrow.”

The calculation method for the provident fund loan limit is as follows:

1. Calculated according to the loan repayment ability. The formula for calculating the loan amount is: [(the total monthly salary of the borrower and the monthly deposit amount of the housing provident fund of the borrower's unit) × loan repayment ability coefficient - the total monthly repayment of the borrower's existing loan] × loan term (months).

2. According to the amount used by the spouse: [(the total monthly salary of both spouses, the monthly housing provident fund deposit amount of the employer where both spouses work) × the loan repayment ability coefficient - the total monthly repayment of existing loans of both spouses] × Loan term (months). Among them, the loan repayment ability coefficient is 40% of total monthly salary = monthly provident fund payment ÷ (unit contribution ratio and individual contribution ratio).

3. Loan amount calculated based on the house price: The calculation formula is: loan amount = house price × loan ratio 4. Loan amount calculated based on the loan limit: The specific limit varies from place to place, so specific consultation is recommended Local housing provident fund management center.