Special BoGeumjari Loan Deadline, Valid Application Amount 43.4 Trillion Won

Average User Income 61 Million Won... 58% of 2030 Generation

Korea Housing Finance Corporation (HF) announced on the 5th that the valid application amount for the Special BoGeumjari Loan closed on the 29th of last month was 43.4 trillion KRW (181,971 cases).

Among users, those with an income of 70 million KRW or less accounted for 60.7% of the total, with an average income of 61 million KRW. The proportion of housing prices at 600 million KRW or less was 72.5%, and the average housing price was 450 million KRW. Meanwhile, by age group, those in their 20s and 30s accounted for the largest share at 58.1% of the total.

Apartment viewed from Namsan, Jung-gu, Seoul on the 5th. Photo by Jinhyung Kang aymsdream@

Regarding the purpose of use, new housing accounted for the largest portion at 65.5% of the total application amount, followed by repayment of existing loans (27.8%) and return of rental deposits (6.7%).

An HF official stated, “This year as well, the corporation will focus its capabilities on supporting low-income and actual demanders in securing their own homes.”

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