MoneyLog｜부동산·경제 인사이트

🇰🇷 한국어

1. | 들어가며: 정부지원 통합 저금리 구입자금대출이란?
2. | 한눈에 보는 핵심요약 (금리·한도·기간·LTV/DTI)
3. | 대출대상 요건 (소득·자산·세대주·무주택 조건)
4. | 대상주택 요건 (면적·가격·지역별 한도)
5. | 대출한도 산정 방식 및 규정 (LTV·DTI)
6. | 대출금리표 (소득별·기간별) & 선택형 금리
7. | 금리우대 및 추가우대 (청약저축·전자계약 등)
8. | 특례 조건 (생애최초·신혼·다자녀·30세 이상 단독세대주)
9. | 핵심 요약 & 실제 케이스 예시
10. | 마무리 및 다음편 안내 (신청 절차편)

🇺🇸 English

1. | Introduction: Unified Low-Interest Home Purchase Loan
2. | Key Summary (Rates, Limits, Terms, LTV/DTI)
3. | Eligibility Criteria (Income, Assets, Household, No-home)
4. | Property Requirements (Area, Price, Region)
5. | Loan Limit & LTV/DTI Rules
6. | Interest Rate Table & Options
7. | Preferential & Additional Rate Discounts
8. | Special Benefits (First-time, Newlyweds, Multi-child, Single 30+)
9. | Quick Recap & Real-life Example
10. | Closing & Preview of Part 2

As housing prices continue to rise, the Korean government has launched a unified low-interest mortgage program to help first-time buyers and low- to middle-income families purchase their own homes. This new “Integrated Government-Supported Home Purchase Loan” combines three major housing loan programs — Didimdol, Bogeumjari, and Home Purchase Fund — into a single simplified and lower-interest system.

The program targets households with a combined annual income of 60 million KRW or less, and provides special benefits for first-time homebuyers, newlyweds, and families with two or more children. Borrowers can access up to 320 million KRW at interest rates ranging from 2.85% to 4.15%, with repayment periods of 10 to 30 years.

In this article, we’ll break down the eligibility requirements, housing conditions, and rate benefits in a simple, easy-to-understand way so you can quickly determine if you qualify for this government-backed loan.

💡 Homes located outside metropolitan areas are eligible for a 0.2%p interest discount. Additional reductions are available for subscription savings holders and electronic contract users.

To ensure that support goes to genuine first-time buyers, the government applies strict eligibility criteria covering income, assets, household type, and creditworthiness.

Applicants currently holding another government-backed or mortgage loan are not eligible, except for rental deposit loans repaid on the same day as this loan execution.

The maximum loan amount depends on the property value, senior liens, and tenant deposits. The formula below is applied under both LTV and DTI limits.

• LTV: ≤ 70% (up to 80% for first-time buyers; 70% for regulated areas)
• DTI: ≤ 60% of combined annual income
• Max loan: 200M–320M KRW, depending on household type

Example: For a 280M KRW appraised home with 30M senior debt and 20M deposit, the loan limit is (280M × 70%) – 30M – 20M = 146M KRW.

⚠ The total loan cannot exceed the purchase price, and actual approved amounts may vary by bank review results.

Base rates vary by income band and loan tenor. See the table above for details. Adjustments apply by region and rate type:

• Non-metropolitan homes: −0.2%p from base rate
• Rate type vs. MoLT fixed/floating reference:
  • 5-year reset floating: +0.1%p
  • 10-year fixed then floating: +0.2%p
  • Fully fixed: +0.3%p (if tenor is 10y under “10-year fixed then floating,” +0.3%p)

Preferential discounts (newlyweds, first-time, multi-child, disabled, etc.) apply within caps. The final rate will not fall below 1.5% after discounts.

• First-time Buyer: Income ≤ 70M; LTV up to 80% (70% in regulated areas); limit up to 240M; −0.2%p for up to 5 years.
• Newlyweds: Income ≤ 85M; property appraisal ≤ 600M; limit up to 320M; −0.2%p for up to 5 years.
• Multi-/Two-child: Income ≤ 70M; appraisal ≤ 600M; limit up to 320M; child-based rate cuts up to −0.7%p (per 5 years, max 15).
• Single 30+ Applicant: Area ≤ 60㎡ (rural ≤ 70㎡), appraisal ≤ 300M, limit 150M (200M if also first-time).

⚠ LTV/DTI rules and the purchase price cap still apply. Final approval depends on bank document review.

Borrowers can choose 10, 15, 20, or 30 years with or without a 1-year grace period. The repayment method significantly affects total interest and monthly cash flow.

• Equal Principal + Interest: Steady monthly payment; best for stable income earners.
• Equal Principal: Higher early payments that decline over time.
• Graduated Repayment: Starts with lower payments, increasing over time — suited for rising-income borrowers.

Example (100M KRW, 3%, 20 years): Equal P&I ≈ 550K/month; Equal Principal starts ≈ 620K; Graduated starts ≈ 450K → 650K later.

⚠ Longer grace periods increase total interest; avoid combining long grace with graduated repayment.

You must apply before the title transfer or within 3 months after the registration date. Late applications are not accepted.

• Step 1: Confirm eligibility via HUG or bank consultation.
• Step 2: Submit application (online or in-branch) with supporting documents.
• Step 3: Review of eligibility, income, assets, and collateral.
• Step 4: Receive approval notice.
• Step 5: Mortgage registration and loan execution (final payment day).

🔗 Online portals: enhuf.molit.go.kr / hf.go.kr

Prepare all documents before applying — missing items may delay approval.

• Identity: ID card, driver’s license, or passport.
• Household: Resident registration, family relation certificate.
• Income:
  • Employee – Tax certificate or withholding slip
  • Self-employed – Business registration + income proof
  • Pension – Pension recipient certificate
  • No income – “No filing” certificate
• Property: Deed, sale contract, or auction approval.
• Others: Marriage certificate or invitation (for newlyweds), Alien registration (for foreigners).

⚠ All documents must be issued within 3 months of submission.

• Prepayment fee: 1.2% within 3 years; waived for repayments made between Aug 12, 2024 and Dec 31, 2025.
• Payment date: Can be changed once per year (e.g., 10th → 25th).
• Occupancy rule: Move in within 1 month and reside for at least 2 years.
  Exceptions apply for delayed tenant move-outs, illness, or relocation (up to 3 years grace).
• One-home rule: No additional home purchases allowed during the loan term unless sold within the set period (3–6–36 months depending on reason).

⚠ Violations may result in loan termination and rate benefit cancellation.

Borrowers share certain costs when executing the loan. Below summarizes who pays what and how collateral is secured.

• Stamp Tax: Split 50/50 between borrower and bank (≈70K–150K KRW)
• Mortgage Registration Fee: Paid by bank (except housing bond cost by borrower)
• Appraisal Fee: Covered by fund if no public price or KB market data available
• Registration Fees: Borrower’s responsibility (ownership + mortgage)

The collateral must be registered as a first-priority mortgage before disbursement. Valuation order: Market data → Official price → Sale price → Appraised value.

For inquiries, contact the appropriate agency depending on your issue:

• Loan Screening: HUG (1566-9009)
• Asset Evaluation: Asset Screening Center (1551-3119)

Main banks offering the program include Woori, KB Kookmin, Shinhan, NH Nonghyup, Hana, Daegu, and Busan. You may apply online at:

• enhuf.molit.go.kr (HUG)
• hf.go.kr (Korea Housing Finance Corp.)

⚠ Always check that your documents are issued within 3 months before visiting the bank.

The newly integrated government-backed mortgage program offers a true opportunity for first-time buyers and low- to middle-income households in Korea. By combining several existing schemes into one and reducing interest rates, it makes homeownership more realistic than ever for genuine end-users.

Especially for newlyweds, first-time buyers, and families with children, the lower rates and higher loan limits can make that long-awaited dream home attainable. Remember — buying a home isn’t just a financial decision; it’s about building stability for the future.

If you found this guide helpful, please share it with others who may need it. Your one small share could help someone take their first step toward owning a home. 🏡💙