the house that has been purchased cannot use the provident fund to make loans or pay the house price.

I. Payment and use conditions of provident fund

Provident fund is a kind of long-term housing savings paid by employees and their units according to a certain proportion, aiming at helping employees solve their housing problems. To use the provident fund to buy a house, it is usually necessary to meet certain payment period and quota requirements. In addition, the use of the provident fund also needs to comply with relevant regulations, such as the qualification for purchasing a house, the loan amount and the repayment method.

second, the use of the provident fund after buying a house

for employees who have bought a house, the provident fund can still play a certain role. For example, it can be used to repay the principal and interest of housing loans, pay rent, house maintenance and so on. However, these uses usually need to meet certain conditions and procedures, such as providing relevant certification materials and applying for approval.

Third, how to effectively use the provident fund

For employees who have bought houses but have not fully utilized the provident fund, the following methods can be considered:

1. Understand the provident fund policy: pay close attention to the adjustment and change of the provident fund policy in time and understand the latest payment, withdrawal and use regulations, so as to better utilize the provident fund.

2. Reasonable loan planning: If you don't use provident fund loans when buying a house, you can consider applying for provident fund loans to partially or completely replace commercial loans, so as to reduce the repayment pressure.

3. Withdraw the provident fund to pay the mortgage: If the withdrawal conditions are met, you can withdraw the provident fund to repay the principal and interest of the housing loan and reduce the monthly repayment amount.

To sum up:

Under the condition that the provident fund is paid only after buying a house, the purchased house cannot directly use the provident fund for loan or house payment. However, the provident fund can still play a role in other aspects, such as repaying the mortgage and paying the rent. Workers should understand and abide by the provisions of the provident fund policy, and rationally plan and utilize the provident fund to reduce the housing burden.

Legal basis:

Article 24 of the Regulations on the Administration of Housing Provident Fund

stipulates that:

Employees may withdraw the balance stored in their housing provident fund accounts under any of the following circumstances:

(1) those who purchase, build, renovate or overhaul their own houses;

(2) retired;

(3) completely losing the ability to work and terminating the labor relationship with the unit;

(4) leaving the country to settle down;

(5) repaying the principal and interest of the house purchase loan;

(6) the rent exceeds the prescribed proportion of family wage income.