Finance & Money · 公积金贷款 · Updated 2026-10-25
What Is Housing Provident Fund Loan?
Definition
A policy-backed mortgage funded by the housing provident fund, priced well below commercial rates (2.6% for 5Y+ first homes since May 2025) but capped by balance multiples, repayment capacity and city limits. Combine with a commercial loan when the quota falls short.
Formula
Quota = min(balance × multiple, capacity-based, city cap)
Worked Example
With 30k balance and a 15x multiple, quota is 450k even though city cap allows 1M — the balance is the bottleneck.
Common Misconception
"The more balance I have, the more I can borrow" - city caps and repayment capacity also bind; withdrawing balance directly shrinks your loan multiplier, so avoid withdrawals 1-2 years before buying.
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