Generally speaking, the maximum loanable amount of the provident fund cannot exceed 40 times of the balance, and the maximum loanable amount of the balance 12000 is 480,000. However, due to the fact that the provident fund policies in different places are not exactly the same, the specific amount should be based on the calculation of local policies.

Provident fund loan formula:

Monthly contribution of loan employees to provident fund ÷ ratio of contribution of loan employees to provident fund × repayment ability coefficient (currently 0.45)× 12× actual loanable years. Generally speaking, the loan amount of housing provident fund is linked to the storage balance of the account. At present, the correlation multiple has been relaxed from 15 to 40. The loan amount is 200,000 yuan (excluding the supplementary provident fund loan amount), and there must be at least 5,000 yuan in the housing provident fund account.

Loan conditions: (Some cities)

1, resident with permanent residence in this city or other valid residence identity documents;

2. The borrower and all employees of the unit to which it belongs have continuously paid the housing provident fund in full for more than half a year; Less than half a year needs to pay two years of provident fund;

3. The purchased owner-occupied housing conforms to the national, provincial and municipal mortgage policies (and meets the requirements of the second part);

4. The down payment of the purchased house reaches the proportion stipulated in the national mortgage policy;

5, a stable source of income, can repay the principal and interest of provident fund loans on schedule, and has a good reputation;

6. There is a legal and effective commercial housing sales contract or purchase agreement;

7. The borrower must be the property owner agreed in the commercial housing sales contract or purchase agreement;

8. There is a guarantee method recognized by the provident fund center;

9, laws and regulations and other conditions stipulated by the provident fund center.

Loan process:

1, loan guarantee

2. Application

Step 3 accept

Step 4 investigate

Step 5 agree

Step 6 sign a contract

7. Handle mortgage, pledge and guarantee.

8. Entrusted loan

9. Loan

Loan amount and interest rate:

1. Loan amount:

If the total deposit ratio is 20% to 24%, the loan ceiling is 400,000 yuan;

If the deposit ratio is 16% to 20%, the loan ceiling is 370,000 yuan; If the deposit ratio is below 16%, the loan ceiling is 350,000 yuan.

2. Term of the loan:

(1). Apply for housing provident fund personal housing loan, and the first-hand housing shall not exceed 30 years at the longest.

(2) Apply for personal loans for the construction, renovation and overhaul of self-occupied housing provident fund, and the longest loan shall not exceed 15 years.

(3) If the application for housing loan plus housing provident fund loan is used for construction, renovation or overhaul, the loan term is the same as that of the application for housing loan. In addition, the above years shall not exceed 5 years after the statutory retirement time of the borrower.

3. Loan interest rate:

The loan interest rate of individual housing provident fund for five years and below is 3.00%;

The loan interest rate of individual housing provident fund for more than five years is 3.50%.