K-Bank "83% of Apartment Mortgage Loans Are Fixed-Rate"

K Bank announced on the 11th that the proportion of fixed-mixed interest rates (fixed interest rates) among apartment mortgage loans it handled last month was 83%. The share of fixed interest rates in K Bank's apartment mortgage loans has continuously expanded this year, with the average monthly handling ratio exceeding 70%.

The fixed interest rate for apartment mortgage loans stood at 3.92% per annum as of this date, which is 0.02 percentage points lower than the variable interest rate (3.94%). K Bank's fixed interest rate product for apartment mortgage loans maintains the interest rate applied at the time of subscription for the first five years, even if the base rate rises. K Bank explained that this allows borrowers to predict loan interest payments during periods of interest rate fluctuations, enabling planned spending and stable household fund management.

A K Bank representative said, "The fixed interest rate for apartment mortgage loans is not only affordable with a minimum rate in the 3% range but also useful during periods of interest rate fluctuations because it allows for planned interest repayments. We will continue to expand the handling of fixed interest rates by offering competitive rates."

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