There is no limit to the amount of mortgage deduction from the provident fund. As long as the balance of the provident fund account is sufficient, the mortgage can be fully deducted from the provident fund account in the current month.

For example, the balance of the borrower's provident fund account is 20,000 yuan, and the monthly payment is 3,500 yuan. You can use the mortgage of the first five months to deduct the balance of the provident fund account. By the sixth month, the account balance is only 2500 yuan, so the remaining 1 100 yuan (the balance of the provident fund account is still 100 yuan) needs to be deducted from the repayment bank card.

Of course, in real life, the balance of the borrower's provident fund will increase with the monthly payment of the enterprise, so the actual deductible month will exceed 5 months. When the balance of the provident fund account runs out, the bank will automatically transfer money from the repayment bank card. When there is a new amount in the provident fund account, the bank will generally deduct the account balance first, and the insufficient part will be deducted from the bank card.

What are the uses of housing provident fund?

Buy a house; Architecture; Renovation or overhaul of houses; Rent a house; Parents buy houses for their children; Withdraw all the balance of the account; Being included in the scope of subsistence allowances and destitution; Treat serious diseases.