The new housing provident fund policy of Chengdu comes into effect today, and the maximum loan amount for dual contributors can reach up to 1.44 million yuan.

On August 25, Chengdu Housing Provident Fund Management Center announced that from now until December 31, 2026, Chengdu will implement a new housing provident fund loan policy, lowering the minimum down payment ratio to 15%, and launching a loan interest subsidy policy for the first time, with a subsidy of 20% of the actual loan interest.

The new policy covers three major measures: lowering the down payment ratio, implementing loan interest subsidies, and supporting the purchase of "high-quality housing". For applicants who apply for provident fund loans to purchase new commercial housing, the minimum down payment ratio is reduced from 20% to 15%, which is subject to the filing time of the house purchase contract.

In terms of loan interest subsidies, for those who purchase new houses and apply for provident fund loans, Chengdu Housing Provident Fund Management Center will provide a 20% subsidy for the actual monthly loan interest, calculated from the date when the first principal and interest of the loan are recovered. The subsidy is available to eligible applicants without additional application, with a maximum cumulative subsidy of 25,000 yuan for a single loan, and the total subsidy will be transferred to the borrower's repayment bank card in a lump sum after the subsidy period expires. If the borrower has a loan overdue during the interest subsidy period, the interest subsidy calculation will be terminated from the month when the overdue occurs.

In terms of supporting the purchase of "high-quality housing", for those who purchase new commercial housing with a design meeting the one-star level or above of the green building standard, the provident fund loan limit will be increased by 20% on the basis of the current maximum limit. According to this calculation, a single contributor can apply for a maximum loan of 960,000 yuan, and dual contributors can apply for a maximum loan of 1.44 million yuan. This loan limit increase policy will not be implemented in superposition with other existing loan limit increase policies in the city.

This article is from Viewpoint, authorized for release by 36Kr.