Legal analysis: the provident fund is not allowed to make down payment. After signing the purchase contract and paying the down payment, you can withdraw the provident fund within one year with the purchase invoice or deed tax paid invoice. In other words, you can't directly withdraw the provident fund for the down payment. The conditions for collecting the provident fund need housing registration certificate, purchase contract, down payment invoice, bank statement, ID card, provident fund passbook, etc. Among them, the bank bill can only be obtained if you have a mortgage! As long as there is a balance in the provident fund account, you can still withdraw the provident fund to repay the principal and interest of the house purchase loan, but the total withdrawal cannot exceed the sum of the down payment for the house purchase and the principal and interest of the loan. If the spouse also has provident fund, you can withdraw the provident fund of both husband and wife to repay the loan principal and interest.

Legal basis: Regulations on the Management of Housing Provident Fund

Article 3 The housing accumulation fund paid by individual employees and the housing accumulation fund paid by the unit where employees work for employees belong to individual employees.

Article 4 The management of housing provident fund shall follow the principles of decision-making by the housing provident fund management committee, operation of the housing provident fund management center, special account storage and financial supervision.

Article 5 The housing accumulation fund shall be used for the purchase, construction, renovation and overhaul of self-occupied housing by employees, and no unit or individual may use it for other purposes.