Bogeumjari Loan Freeze Extends into a Third Month
- Date 2016-09-27
- Views 638
- The rate of ‘Akkim e-Bogeumjari Loan’ down to as low as 2.40% per year (10-year term)
□ Korea Housing Finance Corporation (HF, CEO Kim Jae-Chun) announced on the 27th that it will maintain the rate freeze for Bogeumjari Loans, its long-term, fixed-rate amortizing mortgage loan, for a third month in October 2016.
□ With HF's rate decision, the annual interest rates for ‘Akkim e-Bogeumjari Loan*’ will remain unchanged at 2.40% (10-year term) to 2.65% (30-year term) for the third month in a row, even going as low as 2.38% when the loan is purchased via Ansim JuMoney, HF's online mortgage application tool.
* Akkim e-Bogeumjari Loan is offered at an interest rate 0.10%-points lower than that of the regular Bogeumjari Loan thanks to its unique online loan agreement system. This online mortgage loan is available at KEB Hana Bank and Shinhan Bank.
□ ‘u-Bogeumjari Loan,’ an HF online mortgage loan available through its webpage, and ‘t-Plus Bogeumjari Loan,’ an HF offline mortgage loan available at commercial banks, will be offered at an annual interest rate of 2.50% (10-year term) to 2.75% (30-year term). At the same time, those in their 40s and 50s who take out a ‘Bogeumjari Loan convertible to JooTaekYeonKeum Loan’ can get an additional rate discount of 0.15%p to 0.30%p.
□ An HF official said, "Since Bogeumjari Loan users can deduct the loan interest on their taxes and pay down the principal for up to 30 years without a rate change, this mortgage loan is worth considering.”
□ Korea Housing Finance Corporation (HF, CEO Kim Jae-Chun) announced on the 27th that it will maintain the rate freeze for Bogeumjari Loans, its long-term, fixed-rate amortizing mortgage loan, for a third month in October 2016.
□ With HF's rate decision, the annual interest rates for ‘Akkim e-Bogeumjari Loan*’ will remain unchanged at 2.40% (10-year term) to 2.65% (30-year term) for the third month in a row, even going as low as 2.38% when the loan is purchased via Ansim JuMoney, HF's online mortgage application tool.
* Akkim e-Bogeumjari Loan is offered at an interest rate 0.10%-points lower than that of the regular Bogeumjari Loan thanks to its unique online loan agreement system. This online mortgage loan is available at KEB Hana Bank and Shinhan Bank.
□ ‘u-Bogeumjari Loan,’ an HF online mortgage loan available through its webpage, and ‘t-Plus Bogeumjari Loan,’ an HF offline mortgage loan available at commercial banks, will be offered at an annual interest rate of 2.50% (10-year term) to 2.75% (30-year term). At the same time, those in their 40s and 50s who take out a ‘Bogeumjari Loan convertible to JooTaekYeonKeum Loan’ can get an additional rate discount of 0.15%p to 0.30%p.
□ An HF official said, "Since Bogeumjari Loan users can deduct the loan interest on their taxes and pay down the principal for up to 30 years without a rate change, this mortgage loan is worth considering.”