There is an upper limit on the deposit of housing provident fund. The Regulations on the Management of Housing Provident Fund stipulates that the upper limit of employees' contribution to the provident fund is three times the maximum annual salary base multiplied by the maximum contribution ratio 12%. For example, the average income of employees in a city last year was 36,000 yuan, and the average monthly income was 3,000 yuan, so the upper limit is 3,000× 3×12% =1080 yuan, and the number of units and individuals contributing to the provident fund is 2 160. The calculation of provident fund loan amount should be determined according to four conditions: repayment ability, proportion of house price, balance of housing provident fund account and maximum loan amount, and the minimum value calculated by the four conditions is the maximum loanable amount of the borrower. At the same time, relevant regulations require: 1. The loan amount shall not exceed the individual repayment ability, that is, the sum of the borrower's monthly deposit/borrower's provident fund deposit ratio+borrower's spouse's provident fund deposit ratio × 50 %× 65,438+02 (month )× loan term; 2. The purchase of the first ordinary self-occupied house shall not exceed 70% of the purchased house price (if the construction area of Xing Tao is less than 90 square meters (inclusive), it shall not exceed 80% of the purchased house price). 3. The borrower (including spouse) shall have the ability to repay the principal and interest of the loan, and the average monthly income shall not be lower than the minimum living standard for urban and rural residents in this Municipality. 1. The longest term of housing provident fund loan is 30 years. 2. In principle, the sum of the borrower's age and the loan application period shall not exceed 5 years after his statutory retirement age, that is, male employees can borrow until 65 years old and female employees can borrow until 60 years old. If I use my housing provident fund to apply for a housing provident fund loan, the maximum loan amount is 400,000 yuan. If the husband and wife combine housing provident fund loans, the maximum loan amount is 600,000 yuan. The maximum term of provident fund loans is 30 years. Meet the conditions of provident fund loans, sort out the required information and apply to the local provident fund center. The loan amount is determined according to personal income and account balance.