5 CFR § 1655.6 - Amount of loan.

---
identifier: "/us/cfr/t5/s1655.6"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "5 CFR § 1655.6 - Amount of loan."
title_number: 5
title_name: "Administrative Personnel"
section_number: "1655.6"
section_name: "Amount of loan."
chapter_name: "FEDERAL RETIREMENT THRIFT INVESTMENT BOARD"
part_number: "1655"
part_name: "LOAN PROGRAM"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 8432d, 8433(g), 8439(a)(3) and 8474."
regulatory_source: "68 FR 35515, June 13, 2003, unless otherwise noted."
cfr_part: "1655"
---


# 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.

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