In 2022, bogeumjari mortgage sales in South Korea with over 65 percent in loan-to-value ratio amounted to around six trillion South Korean won. The loan-to-value ratio refers to the share of mortgage loans of the property sales price.
Mortgage loan originations in South Korea in 2022, by loan-to-value ratio
(in billion South Korean won)
Loan-to-value ratio
Mortgage loan in billion South Korean won
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Bogeumjari loans are fixed-rate mortgage loans designed to help lower-income people purchase a home. DTI stands for debt to income and compares one's income to one's debt on a monthly basis.
1,000 South Korean won equals 0.78 U.S. dollars or 0.71 euro as of August 2023.
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Korea Housing Finance Corp. (August 4, 2023). Mortgage loan originations in South Korea in 2022, by loan-to-value ratio (in billion South Korean won) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1121557/south-korea-mortgage-loan-originations-by-ltv-ratio/
Korea Housing Finance Corp. "Mortgage loan originations in South Korea in 2022, by loan-to-value ratio (in billion South Korean won)." Chart. August 4, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1121557/south-korea-mortgage-loan-originations-by-ltv-ratio/
Korea Housing Finance Corp. (2023). Mortgage loan originations in South Korea in 2022, by loan-to-value ratio (in billion South Korean won). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1121557/south-korea-mortgage-loan-originations-by-ltv-ratio/
Korea Housing Finance Corp. "Mortgage Loan Originations in South Korea in 2022, by Loan-to-value Ratio (in Billion South Korean Won)." Statista, Statista Inc., 4 Aug 2023, https://www.statista.com/statistics/1121557/south-korea-mortgage-loan-originations-by-ltv-ratio/
Korea Housing Finance Corp, Mortgage loan originations in South Korea in 2022, by loan-to-value ratio (in billion South Korean won) Statista, https://www.statista.com/statistics/1121557/south-korea-mortgage-loan-originations-by-ltv-ratio/ (last visited August 25, 2024)
Mortgage loan originations in South Korea in 2022, by loan-to-value ratio (in billion South Korean won) [Graph], Korea Housing Finance Corp, August 4, 2023. [Online]. Available: https://www.statista.com/statistics/1121557/south-korea-mortgage-loan-originations-by-ltv-ratio/