The total house price is 700,000 yuan, the down payment is 200,000 yuan, and the provident fund is 500,000 yuan. You can raise 500 thousand to buy a house You can specifically withdraw the housing provident fund according to your own needs, but the withdrawal amount shall not exceed the total purchase price.

Taking Yangzhou as an example, according to Article 8 of the Administrative Measures for the Withdrawal of Housing Provident Fund in Yangzhou? The purchase of owner-occupied housing, the total amount of each household shall not exceed the total purchase price. Due to the purchase of public housing to apply for extraction, the total amount of extraction does not exceed the actual purchase price. If the house demolition applies for property right exchange and extraction, the total extraction amount shall not exceed the actual purchase price paid after the demolition compensation.

If the property owner of the purchased house lives together with non-family members, the withdrawal amount of each household shall not exceed the purchase price corresponding to the property right ratio.

Extended data:

"Yangzhou housing provident fund extraction management measures" eleventh? Under any of the following circumstances, employees and their spouses may not withdraw the storage balance in the housing provident fund account:

(a) workers' families have outstanding housing provident fund loans, in addition to repay the principal and interest of housing provident fund loans, shall not handle other extraction business;

(two) the purchase of office buildings, shops, garages, parking spaces and other non residential properties;

(3) Housing consumption behavior that is restricted due to dishonesty and has not yet reached the thawing period.

Yizheng Municipal Government —— Measures of Yangzhou Municipality for the Administration of Housing Provident Fund Extraction