Korea Housing Finance Corporation Freezes March Bogeumjari Loan Interest Rates
Minimum Annual Interest Rate of 2.6% to 2.95% by Maturity with Preferential Rates Applied
Korea Housing Finance Corporation (HF, President Kim Kyunghwan) will maintain the March interest rates for the long-term, fixed-rate, installment mortgage loan product, ‘Bogeumjari Loan’.
Accordingly, the ‘Akkim e-Bogeumjari Loan’ will apply an annual interest rate of 3.65% (10 years) to 3.95% (50 years).
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For low-income youth, newlywed households, socially disadvantaged groups (such as persons with disabilities and single-parent families), and victims of jeonse fraud, an additional preferential interest rate (up to 1.0 percentage point) will be applied, resulting in a minimum annual interest rate of 2.65% (10 years) to 2.95% (50 years).
Korea Housing Finance Corporation will keep the March Bogeumjari Loan interest rate unchanged. Provided by Korea Housing Finance Corporation
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