Korea Housing Finance Corporation Keeps June Bogumjari Loan Rates Unchanged
Minimum Annual Rates by Maturity: 2.65% to 2.95% with Preferential Rates Applied
Korea Housing Finance Corporation (President Kim Kyunghwan) announced that it will keep the June interest rates for the 'Bogumjari Loan', a long-term, fixed-rate, amortizing mortgage loan, unchanged.
Accordingly, the annual interest rates for the 'Akkim-e Bogumjari Loan' will range from 3.65% (10 years) to 3.95% (50 years).
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If additional preferential rates (up to 1.0 percentage point) are applied to low-income youth, newlywed households, socially disadvantaged groups (such as people with disabilities and single-parent families), and victims of jeonse fraud, the minimum annual interest rates will range from 2.65% (10 years) to 2.95% (50 years).
This content was produced with the assistance of AI translation services.
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