When applying the special interest rate, the interest rate depends on income, and if you have an additional child who has given birth within two years as of the date of receipt of the loan, the special interest rate application period for each additional child can be extended by five years. (Special interest rates can be used for up to 15 years.)If you look at the interest rate applied during the special period, the loan interest rate varies depending on the combined annual income of the couple. If you have an additional child within two years of the loan receipt date, the special interest rate application period for each additional child can be extended by four years, and the special interest rate can be used for up to 12 years.02. Special loans for newborns: funds for lease on a deposit basisPreferential interest rates can be applied in duplicate, and in the case of a new contract, you must apply within three months from the earliest of the balance payment date in the lease contract and the transfer date in the copy of the resident registration, and you can apply for the renewal contract within three months from the contract renewal date (the transition date if you sign a lease from monthly rent to lease).The target of the loan for the purchase of special homes for newborns is a homeless householder and a single householder who gave birth within two years as of the date of application for the loan, and the combined income of the couple should be less than 130 million won per year, and the assets should be less than 469 billion won in the couple’s net assets. (If the marriage is not reported, the combined income and assets of the newborn parents listed on the family relationship certificate based on the loan applicant and the newborn baby) The housing price is less than 900 million won, which is difficult for Gangnam, Seoul, where apartment prices are high, but it seems that there are more areas than expected. However, only houses with a residential area of 85㎡ (100㎡ in the town or Myeon area) or less are possible.It is said that it can be applied in duplicate with preferential interest rates, and it is specifically applied through the review of related evidentiary documents by the entrusted bank. There is no limit on the timing of applying for a loan for a single homeowner, and the existing mortgage loan should be used for purchase funds. In addition, loans can be applied within the balance of existing mortgage loans. (However, if a loan is applied within 3 months from the date of receipt of the registration of the transfer of ownership, it is treated as a new loan within the limit of the special stepping stone loan for newborns.)What is ‘special loan for newborn babies’? It is a system implemented according to housing stability measures to overcome low birth rates.All household members, including the head of the household who gave birth within two years as of the date of application for the loan, are homeless, and the combined total income of the applicant and the spouse must be less than 130 million won per year, and the combined assets of the couple must be less than 3.4 billion won. (If marriage is not reported, the combined total income of newborn parents registered on the family relationship certificate based on the loan applicant and the newborn baby) Housing subject to the loan can be less than 500 million won in deposit in the Seoul metropolitan area and 400 million won in other areas, and can be limited to 85㎡ (100㎡ in eup or myeon area).The loan limit is up to 500 million won, and the LTV standard will be eased to 80% if it is the first purchase in life. The period of use is 10, 15, 20, and 30 years, and the repayment method can be made through non-extending or equal installment repayment of principal and interest, equal installment repayment of principal, or incremental repayment.Housing purchase and lease funds Government loans Special loan conditions, interest rates, limits, loans, application methods Special loans for newbornsThe maximum loan limit is 300 million won, which can be borrowed within 80% of the lease amount, and the period of use can be extended 5 times to 2 years for a maximum of 12 years. There are two repayment methods: temporary repayment or mixed repayment.First of all, you can look at the special loan for newborns divided into two types: housing purchase funds and lease funds. 01. Special loan for newborns: housing purchase fundsYou can apply for special loans for newborns through the Fund e or through the website or the handling bank (Woori, Shinhan, KB Kookmin, NH Nonghyup, KEB Hana Bank). There are so many contents that I organized only the important parts, but if you want to apply for special loans for newborns, it would be better to look more closely through the ‘Housing City Fund’ website. If you have any questions, please check the ‘Housing City Guarantee Corporation Consultation Center or Handling Bank’.Homeless households who gave birth within two years as of the date of application for loans are eligible, and housing purchases or lease funds are loaned at a maximum interest rate of 1%. (Make sure to check the scope of childbirth!) The conditions are relaxed and the benefits are larger than the existing policy loans, so if you are eligible, you should take an interest in it. I’ve organized it with a mindset of studying, so it’s easy to see. (Please let me know if there’s anything I can fix!)
