HF Construction, 70% Reduction in Early Repayment Fees... Focused Support for Low-Income and Genuine Demand Groups on Repaid Amounts

Korea Housing Finance Corporation.

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Du-yeol] Korea Housing Finance Corporation (HF) will reduce 70% of the early repayment fee for customers using the Naejipmareun Didimdol loan who repay their loans early by June 30 of this year, starting from February 1.

The applicable customers are those who repay their loans early within three years from the loan execution date among the Naejipmareun Didimdol loan users.

The fee reduction means that customers who repay early will only pay 30% of the existing early repayment fee.

The purpose of the early repayment fee reduction is to encourage early repayment by customers with repayment capacity among Naejipmareun Didimdol loan users and to utilize the repaid amount as funds for the Naejipmareun Didimdol loan to focus more on supporting low-income and actual demand groups.