---
kind: "section"
citation: "5 C.F.R. § 1655.6"
title: "5"
number: "1655.6"
heading: "Amount of loan."
url: "https://uscodex.org/cfr/5/1655.6"
---

# §1655.6. Amount of loan.

- (a) **Minimum amount.** The initial principal amount of any loan may not be less than $1,000.
- (b) **Maximum amount.** The principal amount of a new loan must be less than or equal to the smallest of the following:
  - (1) The portion of the participant's individual account balance that is attributable to employee contributions and attributable earnings (not including any outstanding loan principal);
  - (2) 50 percent of the participant's vested account balance that is attributable to employee contributions and attributable earnings (including any outstanding loan balance) or $10,000, whichever is greater, minus any outstanding loan balance; or
  - (3) $50,000 minus the participant's highest outstanding loan balance (if any) during the last 12 months.
- (c) If a participant has both a civilian TSP account and a uniformed services TSP account, the maximum loan amount available will be based on a calculation that takes into consideration the account balances and outstanding loan balances for both accounts.
- (d) Any amount invested through the mutual fund window at the time the participant makes a loan request will not be considered for purposes of determining either the minimum or maximum loan amounts.

## Notes

### Amendments

[68 FR 35515, June 13, 2003, as amended at 87 FR 31692, May 24, 2022]

### Authority

Authority: 5 U.S.C. 8432d, 8433(g), 8439(a)(3) and 8474.

### Source

Source: 68 FR 35515, June 13, 2003, unless otherwise noted.

### Amendments

[68 FR 35515, June 13, 2003, as amended at 87 FR 31692, May 24, 2022]