'Dangun Era's Largest' Dunchon Jugong, Additional 300 Billion Won in Final Payment Loans Released

by Kwon Jaehee

Published 06 Jan.2025 17:12(KST)

Updated 07 Jan.2025 07:39(KST)

KB Kookmin Bank Allocates Additional 300 Billion KRW for Olympic Park Foreon Balance Loan
Totaling 600 Billion KRW... Largest Scale Among Commercial Banks

'Dangun Era's Largest' Dunchon Jugong, Additional 300 Billion Won in Final Payment Loans Released 원본보기 아이콘

KB Kookmin Bank announced on the 6th that it has decided to increase the balance loan limit for Olympic Park Foret On (formerly Dunchon Jugong) by an additional 300 billion KRW to support funds primarily for actual buyers.


KB Kookmin Bank has been providing balance loans worth 300 billion KRW since November last year, when the move-in period for Olympic Park Foret On began. With the additional allocation of 300 billion KRW, the total balance loan for Olympic Park Foret On will be expanded to 600 billion KRW.


This is the largest scale among commercial banks, and KB Kookmin Bank explained that it plans to smoothly supply funds to actual buyers planning to move into new homes.


The interest rate for KB Kookmin Bank's Olympic Park Foret On balance loans is set at an annual rate of 4.29% to 4.79%, applying the 5-year financial bond rate plus an additional 1.3 percentage points.

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