Breakdown of Flat 35 loan borrowers in Japan FY 2023, by purpose
In the fiscal year 2023, around 29.1 percent of Flat 35 home loan borrowers in Japan used the loan for custom-built homes that included a plot of land. Borrowers who used the loan for ready-built detached houses accounted for a share of 20.4 percent.
Flat 35 loans are long-term fixed interest rate housing loans for up to 35 years that are offered by private financial institutions and securitized or insured by the Japan Housing Finance Agency.
