1, housing provident fund loan amount
Provident fund loan amount refers to the maximum loan amount that an individual can apply for when using provident fund loans. Only employees who have permanent residence in local cities and towns, have established the housing provident fund system for more than 2 years, and have paid the housing provident fund according to regulations can enjoy the provident fund loan when the funds for purchasing or building houses or renovating or overhauling their own houses are insufficient. 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.
The latest provisions of the provident fund in 2022 are as follows:
1. Cancel the restriction on the proportion of rent expenditure to household income, and do not need to provide tax payment certificate and lease contract for filing;
2. Relax the conditions for employees to withdraw housing provident fund to pay rent;
3. The employee has paid the housing provident fund in full for 3 consecutive months. If the employee and his spouse have no own housing in the city and rent a house, they can withdraw the housing provident fund of both husband and wife to pay the rent.
One of the conditions is enough, you can withdraw the provident fund:
1. Users need to build their own houses or rebuild or overhaul their own houses;
2. The user has completely lost the ability to work, and has also terminated the labor contract with the unit, and can withdraw the number of years of the provident fund;
3. The user has reached the legal retirement age, gone through the retirement formalities, or retired early;
4. Users can withdraw the housing provident fund to repay the principal and interest of the house purchase loan;
5. The user wants to leave the country to settle down, and the current unit has terminated the labor contract;
6. If the depositor of the provident fund is declared dead or has died, the heir or donor may withdraw the provident fund.
Legal basis:
"Regulations on the Management of Housing Provident Fund" Article 5 The housing provident fund shall be used for the purchase, construction, renovation and overhaul of owner-occupied housing by employees, and no unit or individual may use it for other purposes.
"Regulations on the Administration of Housing Provident Fund" Article 6 The deposit and loan interest rate of housing provident fund shall be proposed by the People's Bank of China, and submitted to the State Council for approval after consulting the construction administrative department of the State Council.
"Regulations on the Management of Housing Provident Fund" Article 7 The administrative department of construction in the State Council shall, jointly with the financial department of the State Council and the People's Bank of China, formulate the housing provident fund policy and supervise its implementation. The construction administrative departments of the people's governments of provinces and autonomous regions shall, jointly with the financial departments at the same level and the branches of the People's Bank of China, be responsible for supervising the implementation of the regulations and policies on housing provident fund management within their respective administrative areas.