The main function of the housing provident fund is to use it to buy a house, rent a house, decorate a house, etc.

The details are as follows: 1. House purchase 1. If you buy a house without a loan, you can withdraw the provident fund in one go; 2. If you buy a house with a commercial loan, you can withdraw the provident fund for down payment; 3. If you buy a house with a commercial loan, you can withdraw the provident fund to repay the principal and interest; 4. If you buy a house with a commercial loan, you can withdraw the provident fund to repay the principal and interest; 4. If you buy a house with a commercial loan, you can withdraw the provident fund.

Provident fund repays principal and interest.

2. Construction, Renovation, and Overhauling of Houses. If a self-owned house is built, renovated, or overhauled on rural collective land and a housing loan is used, the employee and his or her spouse may apply to withdraw the provident fund amount before (including the current month) when the house construction is approved, and the total withdrawal amount shall be

No more than the cost of building the house.

3. Rent a house 1. Use the provident fund to pay the rent of an economic rental house or an economic rental house subsidized by the government; 2. Use the provident fund to pay the rent of a market rental house.

4. Parents buying a house for their children 1. If you do not use a housing loan to buy your own house, you can withdraw your parents’ provident fund; 2. If you use a commercial bank personal housing loan to buy your own house, you can withdraw your parents’ provident fund after paying the down payment; 3. Use your personal housing provident fund

(Combined) Loan to buy your own house, and you can withdraw your parents’ provident fund after paying the down payment.

Extended information The characteristics of the housing provident fund are: 1. Universality. Urban employees, regardless of the nature of their work unit, the level of their family income, or whether they already have a house, must pay the housing provident fund in accordance with the regulations; 2. Mandatory

If a unit fails to register for housing provident fund deposits or does not handle the establishment of housing provident fund accounts for its employees, the housing provident fund management center has the power to order it to be done within a time limit. If it fails to do so within the time limit, it may be punished in accordance with the relevant provisions of the "Regulations" and be punished.

Can apply to the people's court for enforcement; 3. Welfare, in addition to the housing provident fund paid by employees, the unit also has to pay a certain amount for employees, and the interest rate of housing provident fund loans is lower than commercial loans; 4. Returnable, when employees retire

, retires, or completely loses the ability to work and terminates the labor relationship with the unit, moves out of residence or settles abroad, etc., the housing provident fund paid will be returned to the individual employee.