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Executive Yuan passes preferential mortgage program aimed at young buyers

Executive Yuan passes preferential mortgage program aimed at young buyers

2023-07-13

The Executive Yuan has passed a preferential mortgage program geared toward young adults. It cuts the mortgage rate from an initial 2.025% to 1.775%, for a period of three years. The program is set to be implemented Aug.1.

Besides the rate reduction, the program also raises the loan limit to NT$10 million. The maximum loan period will be extended from 30 to 40 years. The grace period for repayment will go up from three to five years. Applicants must be at least 18 years old, but there is no upper age limit. Applicants must have no properties under their name or those of their spouse or minor children.

"新青安房貸"8月上路 利率1.775%市場最低

2023-07-13

為了落實居住正義,行政院會13日通過"新青安房貸",一段式利率從原先2.025%降到1.775%,預計8月上路,補貼三年。

除了降低利率,貸款年限從30年拉長到40年、寬限期從3年增加到5年、貸款額度上限提高到1千萬。財政部表示,申請人需年滿18歲,配偶及未成年子女名下無自有住宅者均可申請,並無年齡上限。

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