Results of the 「2025 Housing Finance and Bogeumjari Loan Survey」

- Six of ten non-homeowning households intend to purchase a home

- About 90% of first-time Bogeumjari Loan users say the loan has provided tangible help in purchasing a home

1. Survey Overview

Korea Housing Finance Corporation (HF, CEO Kim Kyung-Hwan) announced on the 26th the results of the 2025 Housing Finance and Bogeumjari Loan Survey, which was conducted in collaboration with a professional research agency to assess the public’s housing finance usage and related trends.

- The survey is conducted annually to understand consumers’ perceptions, needs, and demands regarding housing finance. The survey covers the topics of ▲ housing finance usage, ▲ intention to purchase a home, ▲ intention to use housing finance, and ▲ usage of Bogeumjari Loans

<Survey Design>

2. Housing Finance Survey of General Households

<3–4 of 10 general households use housing finance products>

Among general households, 36.4% reported using housing finance products*, with mortgage loans accounting for the largest share at 22.9%. Usage rates were higher in Gyeonggi Province (42.0%) and metropolitan cities (40.1%), compared with other regions. By age group, usage was highest among households in their 40s (51.9%), followed by ▲ under 40 (43.8%) and ▲ 50s (40.3%). [Tables 1-3]

* Mortgage loans, Jeonse loans, and intermediate payment loans

<More than half of non-homeowners intend to purchase a home>

Overall, 29.8% of general households reported an intention to purchase a home in the future. Among non-homeowning households (1,885 households), 55.5% indicated they intend to purchase a home. By region, purchase intention was highest in Seoul (32.7%), followed by ▲ Gyeonggi (31.4%), ▲ metropolitan cities (29.4%), and ▲ other regions (27.1%). By age of household head, purchase intention was ▲ 58.2% for under 40, ▲ 44.9% for 40s, ▲ 23.4% for 50s, and ▲ 9.8% for 60 or older. The average preferred home purchase price among households intending to buy a home was KRW 462.1 million, with ▲ 46.3% preferring homes priced KRW 300–<600 million and ▲ 25.7% preferring homes priced above KRW 600 million. [Tables 4-5]

- Among households intending to purchase a home, 85.1% preferred apartments. Regarding the purchase method among households intending to buy an apartment, new subscription purchases accounted for 56.3%, the highest share. Purchases of existing apartments fell to 34.9%, down 8.2%p from the previous year (43.1%). Younger households showed stronger preferences for new subscription purchases, while older households were more likely to prefer purchasing existing apartments. [Tables 6-8].

<Fixed-rate mortgages preferred over variable rates>

Among households intending to use mortgage loans, 53.8% preferred fixed-rate mortgages, up 2.9%p from the previous year (50.9%). The main reasons cited were ▲ the ability to maintain a lower loan rate even during rising interest rates (25.5%) and ▲ stable monthly principal and interest payments (23.0%). Meanwhile, 16.3% preferred variable rates, up 3.7%p from the previous year (12.6%), and 29.9% preferred hybrid-rate loans, down 6.6%p from the previous year (36.5%). The increase in both fixed-rate and variable-rate preferences suggests greater uncertainty about future interest rate movements. [Table 9-10].

- In addition, 93.1% of households preferring variable rates said they would switch to fixed rates if fixed rates were 0.5%p higher than variable rates. When the difference between fixed and variable rates narrowed from 1.25%p to 1.0%p, the share willing to switch from variable to fixed rates increased significantly. However, when fixed rates were 1.0%p higher than variable rates, 67.3% indicated they would switch to fixed rates, down 10.3%p from the previous year (77.6%). [Table 11]

3. Bogeumjari Loan Usage Survey

<Akkim-e Bogeumjari Loan: Trust in a Public-Sector Product and Interest Payment Stability Identified as Key Satisfaction Factors>

The survey found that 90% of households using HF mortgage products such as Bogeumjari Loans reported satisfaction. [Table 12]

- Among users of the Akkim-e Bogeumjari Loan, the top satisfaction factor was trust in the product as a government-backed program (50.1%), followed by ▲ stable interest payments even if market interest rates rise (49.1%) and ▲ the ability to repay loan principal in fixed monthly installments (41.8%). [Table 13]

- The survey also found that nine of every ten first-time homebuyers who used Bogeumjari Loans reported that the program helped them purchase a home, indicating that the product provides practical support for homeownership. [Table 14]

※ Attachment : Key Findings from the 2025 Housing Finance and Bogeumjari Loan Survey