H1>First Half of the Year Special BoGeumJaRi Loan Valid Application Amount 28.2 Trillion

The Korea Housing Finance Corporation (HF) announced on the 7th that the valid application amount for the Special BoGeumjari Loan in the first half of this year was 28.2 trillion KRW (approximately 120,000 cases).

[Image source=Yonhap News]

This amount excludes 13.9 trillion KRW (approximately 64,000 cases) that were canceled or disapproved during the review process due to reasons such as failure to meet eligibility requirements, out of the total application amount of 42.1 trillion KRW (approximately 184,000 cases).

By purpose, new home purchases accounted for the largest share, with 51.3% by number of cases and 54.7% by amount. This was followed by repayment of existing loans (41.1%, 37.2%) and return of rental deposits (7.6%, 8.2%).

Meanwhile, the average age of Special BoGeumjari Loan users was 42 years old, the average combined income of couples was 67 million KRW, the average housing price was 470 million KRW, and the average loan amount was 230 million KRW.

This content was produced with the assistance of AI translation services.