Users who have continuously paid the housing provident fund 12 months or more can apply for housing provident fund loans. The interest of housing provident fund loans is lower than that of commercial loans, which can save users an interest expense. There are still differences in the amount of housing provident fund loans and commercial loans, so how much housing provident fund loans can there be? Let's get to know each other.

How much can I borrow from the housing provident fund?

Housing provident fund loan amount needs to be considered comprehensively, specifically in the following situations:

1 Considering the account balance of the housing provident fund, the loan amount of the general housing provident fund is calculated according to a certain multiple of the account balance, usually between 15-20 times. If the balance of the provident fund account is 20,000 yuan, the loan amount can be between 300,000 and 400,000 yuan.

2 Consider the maximum loan amount stipulated by the local provident fund management center. The maximum loan amount stipulated by provident fund management centers in different regions is different. In some areas, the maximum loan amount is 700,000, and in some areas, it is 600,000. In short, the more the account balance, the higher the loan amount. The loan amount paid by a single provident fund is different from that paid by a double provident fund. If both husband and wife have paid the provident fund, the maximum loan amount can generally reach1.20,000.

In short, the loan amount of housing provident fund is limited, which is subject to the provisions of the local housing provident fund management center. If the price of the property purchased by the user is too high, the part with insufficient provident fund loan amount needs to apply for commercial housing loan. When applying for commercial housing loans, as long as users have sufficient repayment ability, there will not be too many quota restrictions.