HF Freezes Special Bogeumjari Loan Rate for September

- When applied with preferential rates, the lowest ranges between 2.95% and 3.25% per maturity.

The Korea Housing Finance Corporation(HF, CEO Choi Joon Woo) announced on August 29 that it retains the current annual interest rates for September on the Bogeumjari Loan product, its long-term, fixed-rate, amortized mortgage loans.

ㅇ  Accordingly, the annual interest rate of ‘Akkim-e Bogeumjari Loan’ remains between  3.95 %(10-year maturity) and 4.25%(50-year maturity).

ㅇ In addition, low-income young adults, newlywed households, socially disadvantaged groups(households with the disabled or single parent households, etc.) and victims of Jeonse frauds can benefit from additional rate discount up to max. of 1.0 %p and will be applied with the final interest rates between 2.95 %(10-year maturity) and 3.25%(50-year maturity).