프린터

Interest Rate(%p.a.)

Date of public announcement : 16 August, 2024

Interest rates on Didimdol Loan for home ownership as of August 2024

Fixed rates

소득수준(부부합산)를 10년, 15년, 20년, 30년으로 구성된 고정금리 정보 테이블 입니다.
Income Level
( Of borrowers and spouses)
Interest rate(%) by maturity
10 years 15 years 20 years 30 years
Less than KRW 20 M 2.65 2.75 2.85 2.90
KRW 20 M to 40 M 3.00 3.10 3.20 3.25
KRW40 M to 70 M 3.35 3.45 3.55 3.60
KRW70 M to 85 M 3.70 3.80 3.90 3.95
  • Preferential rate: 0.7% discount for households with three or more children, 0.5% discount for households with two children or a single-parent family (Earning less than KRW60 M), 0.3% discount for households with a child, 0.2% discount to multi-cultural families, families with the disabled, newlyweds, or first-time homebuyers
  • Only one type of discount can be applied. Dual applications are not permitted. (Except for children discounts)
  • If the borrower becomes eligible for the preferential rate over the course of the loan period, the preferential rate is applied.
  • For the first-time newlywed homebuyers, rates are applied as below:
소득수준(부부합산)를 10년, 15년, 20년, 30년으로 구성된 고정금리 정보 테이블 입니다.
Income Level
( Of borrowers and spouses)
Interest rate(%) by maturity
10 years 15 years 20 years 30 years
Less than KRW 20 M 2.35 2.45 2.55 2.60
KRW 20 M to 40 M 2.70 2.80 2.90 2.95
KRW 40 M to 70 M 3.05 3.15 3.25 3.30
KRW70 M to 85 M 3.40 3.50 3.60 3.65
  • When the final rate for first-time homebuyers or newlyweds is less than 1.2%, a 1.2% rate is applied.
  • Only one type of discount can be applied for Preferential rate, except preferential rates for subscription deposits, electronic real-estate contracts, and households with multiple children.
  • Penalty on late payment (Overdue interest rate payment) Variable as follows, depending on time elapsed from the date of delinquency to the date of late payment:
(% per annum)
* Penalty on late payment (Overdue interest rate payment) Variable as follows, depending on time elapsed from the date of delinquency to the date of late payment
Type Penalty for late payment
Before applying the acceleration clause Overdue up to 3 months Apply interest rate + 4% the overdue principal and interest payment
Overdue more than 3 months Apply interest rate +5% the overdue principal and interest payment
After applying the acceleration clause Up to 3 months from acceleration Apply interest rate + 4% to total outstanding balance
More than 3 months from acceleration Apply interest rate + 5% to total outstanding balance
  • 10% cap is applied on the penalty on late payment(overdue interest rate payment).