The down payment ratio for a provident fund loan for a first home is currently required by the state to be a minimum of 20%.

According to the regulations of the China Housing Provident Fund Management Center, for first-home provident fund loans, not all down payment ratios are eligible for provident fund loans.

At present, the state requires that the minimum down payment ratio for a provident fund loan for a first home is 20%.

Specifically, when purchasing a first home, applicants need to pay at least 20% of the total price of the house as a down payment, and the remaining balance can be repaid in installments through a provident fund loan.

It is worth noting that this is only the national minimum standard, and the specific implementation may differ between regions and different banks.

For example, some regions or banks may require a higher down payment ratio and may also provide more preferential policies.

Therefore, you need to carefully understand the relevant local policies and bank requirements when applying.

Can everyone benefit from provident fund loans?

Not everyone can enjoy provident fund loans. Only those who meet the following conditions can apply: 1. Persons with a household registration in this city or people who have continuously paid housing provident funds in this city for one year and meet relevant regulations; 2. After applying

At the time of the loan, you have signed a marriage registration with another person and own the same property; 3. You have not purchased a house or purchased a house for the first time, and there is no real estate under your name; 4. You have no loan record or a good credit record.

At the same time, the application conditions for provident fund loans may also differ between regions and banks.

The minimum down payment ratio for a provident fund loan for a first home is 20%. When applying for a provident fund loan, you need to understand and apply according to relevant local policies and bank requirements.

Only applicants who meet certain conditions can enjoy provident fund loans.

Legal basis: "Housing Provident Fund Management Regulations" Article 5 The housing provident fund shall be used for the purchase, construction, renovation and overhaul of self-occupied housing by employees, and shall not be misappropriated by any unit or personality for other purposes.