Under normal circumstances, the payable amount of the house maintenance fund will be calculated with reference to the total house payment when the property buyer purchases the house from the developer and handles the property right transfer, and 5% to 8% of the cost per square meter of the local residential construction and installation project. Pay to the commercial bank designated by the real estate administrative department of the city where the real estate is located. Specific collection standards are determined by local real estate administrative departments according to local conditions.

legal ground

"Measures for the Administration of Special Maintenance Funds for Residential Buildings" Article 7 The owners of commercial residential buildings and non-residential buildings shall deposit special maintenance funds for residential buildings according to the construction area of their own properties, and the amount of the first special maintenance funds for residential buildings deposited per square meter of construction area shall be 5% to 8% of the cost per square meter of local residential construction and installation projects. The competent departments of construction (real estate) of the people's governments of municipalities directly under the central government, cities and counties shall, according to local conditions, reasonably determine and announce the amount of the first-phase residential special maintenance fund deposited per square meter of construction area, and make timely adjustments.