1. Calculate the loan amount according to the repayment ability. If the applicant meets the conditions of provident fund loan, the calculation formula for calculating the loan amount according to the repayment ability is: {(total monthly salary of the borrower+monthly provident fund amount paid by the borrower and the unit) ×40%- total monthly repayment amount of the borrower's existing loan }× loan period (month). For example, a borrower with a monthly salary of 5,000 yuan can borrow up to 556,800 yuan if he applies for a 20-year mortgage.
2. Calculated as a percentage of the house price. If the applicant wants to buy the first suite, and the housing area is less than 90 square meters, the loan amount for applying for provident fund cannot be higher than 80% of the housing price; For the first suite with an area of 90 square meters or more, the maximum loan amount of the provident fund cannot exceed 70% of the price of this house. The applicant wants to buy a second suite, and the loan amount cannot exceed 50% of the house price. Applicants who purchase the third and above houses cannot apply for provident fund loans.
3. Calculated according to the balance of the provident fund account. The amount of provident fund loan applied by users cannot be higher than 10 times of the balance of provident fund account. If the balance of the housing provident fund account is less than 20,000 yuan, it shall be calculated as 20,000 yuan. If the balance of the user's provident fund account is 6,000 yuan, the maximum amount that can be applied for is 200,000 yuan.
4. Calculated according to the maximum limit. Users who meet the loan conditions can apply for a provident fund loan with a maximum amount of 500,000 yuan. If you apply together, you can borrow up to 700 thousand.
Legal basis: Article 17 of the General Rules for Loans.
The borrower shall meet the following basic conditions when applying for a loan: the products are marketable, the production and operation are profitable, the credit funds have not been misappropriated, and the credit is strictly observed:
(a) has the ability to repay the principal and interest of the loan on schedule, and the original loan interest payable and the loan due have been paid off; If there is no repayment, a repayment plan approved by the lender has been made;
Two, except for natural persons and institutions that do not need the approval and registration of the industrial and commercial departments, the annual inspection procedures shall be handled by the industrial and commercial departments.
3. basic account or general deposit account has been opened;
4. The borrower's asset-liability ratio meets the requirements of the lender.
Article 26 of the Regulations on the Management of Housing Provident Fund
Workers who have paid housing provident fund can apply for housing provident fund loans to the housing provident fund management center when purchasing, building, renovating or overhauling their own houses.