HF Maintains the Current Bogeumjari Loan Rates for This April
- Date 2019-03-22
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HF Maintains the Current Bogeumjari Loan Rates for This April
- Bogeumjari Loan rates as low as 2.80% depending on product type and maturity
Korea Housing Finance Corporation (HF, CEO Lee Jung-Hwan) said on March 22, 2019, that it will freeze the annual interest rates on Bogeumjari Loan products, its long-term, fixed-rate mortgage loans, for April.
The rate freeze will keep the interest rates of u-Bogeumjari Loan, a mortgage loan offered through the HF homepage(www.hf.go.kr), and t-Bogeumjari Loan, an offline mortgage loan available at commercial banks, at 2.90% (10-year term) to 3.15% (30-year term). At the same time, the rates of Akkim e-Bogeumjari Loan, a cost-saving online-only Bogeumjari Loan that offers a 0.10%-point rate reduction thanks to its online loan agreement system, will stay in the range of 2.80% (10-year term) to 3.05% (30-year term).
A further rate discount is available for socially underprivileged households (including single-parent and multicultural families or families with three or more children or those with disabilities) and newlywed couples.
※ An additional rate discount of up to 0.80%p available for those with the prime lending rate and a 0.02%p rate discount coupon offered for those using Ansim JuMoney, an HF smartphone application
For those who switch from non-banking lenders' floating-rate or bullet-payment mortgage loans to the Deonaeun Bogeumjari Loan scheme, the rates of u-Bogeumjari Loan and t-Bogeumjari Loan apply. If they sign up for the scheme online using an online agreement system, HF offers the Akkim e-Bogeumjari Loan rates.