In 2022, the largest amount of mortgage loans were granted to those between 30 to 34 years old. That year, mortgage loans for apartments were significantly higher than loans for other housing types.
Mortgage loan originations in South Korea in 2022, by age of recipient
(in billion South Korean won)
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.
Release date is the date of access.
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Korea Housing Finance Corp. (August 4, 2023). Mortgage loan originations in South Korea in 2022, by age of recipient (in billion South Korean won) [Graph]. In Statista. Retrieved October 16, 2024, from https://www.statista.com/statistics/1121593/south-korea-mortgage-loan-originations-by-age/
Korea Housing Finance Corp. "Mortgage loan originations in South Korea in 2022, by age of recipient (in billion South Korean won)." Chart. August 4, 2023. Statista. Accessed October 16, 2024. https://www.statista.com/statistics/1121593/south-korea-mortgage-loan-originations-by-age/
Korea Housing Finance Corp. (2023). Mortgage loan originations in South Korea in 2022, by age of recipient (in billion South Korean won). Statista. Statista Inc.. Accessed: October 16, 2024. https://www.statista.com/statistics/1121593/south-korea-mortgage-loan-originations-by-age/
Korea Housing Finance Corp. "Mortgage Loan Originations in South Korea in 2022, by Age of Recipient (in Billion South Korean Won)." Statista, Statista Inc., 4 Aug 2023, https://www.statista.com/statistics/1121593/south-korea-mortgage-loan-originations-by-age/
Korea Housing Finance Corp, Mortgage loan originations in South Korea in 2022, by age of recipient (in billion South Korean won) Statista, https://www.statista.com/statistics/1121593/south-korea-mortgage-loan-originations-by-age/ (last visited October 16, 2024)
Mortgage loan originations in South Korea in 2022, by age of recipient (in billion South Korean won) [Graph], Korea Housing Finance Corp, August 4, 2023. [Online]. Available: https://www.statista.com/statistics/1121593/south-korea-mortgage-loan-originations-by-age/
