Newborn special loan: eligibility & rates

Ultra-low-rate home purchase and jeonse loans for households with a birth or adoption within 2 years

Gov. loans As of 2026 Inputs not saved No install or sign-up
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Newborn special loanHousing & Urban Fund · purchase · jeonse
Rate
1.3–4.5%/yr
Limit
Purchase ₩400M · jeonse ₩240M
Period
Purchase up to 30 years · jeonse renewed every 2 years
Who qualifiesHouseholds with a birth (adoption) within 2 years of the application date, without a home (purchase has exceptions such as refinancing one home)
Income (couple combined)₩130M or less (dual-income ₩200M or less, ₩130M or less each)
Net assetsPurchase ₩511M · jeonse ₩345M or less
Home · depositPurchase: appraised at ₩900M or less, 85㎡ or less · Jeonse: deposit ₩500M or less in the capital area / ₩400M elsewhere (up to 80% of the deposit)
LimitPurchase ₩400M · jeonse ₩240M
RatePurchase 1.8–4.5%/yr · jeonse 1.3–4.3%/yr (by income bracket); special rate applies for 5 years (purchase) or 4 years (jeonse)
Where to applyGigeum e-Deundeun (online) or a partner bank

How much a month with this loan?

×₩10K
%
years
Monthly payment
-

Checklist

  • An additional birth extends the special period and can lower the rate further.
  • For contracts from June 27, 2025, the purchase limit was cut from ₩500M to ₩400M.
  • Online applications may be restricted before marriage registration.
Find government loans you qualify forHousing & Urban Fund (Gigeum e-Deundeun) ↗MyHome Portal (government loan info) ↗
What to check next
  1. Government loan finder (eligibility check)Find the government loans you qualify for by income, assets and household
  2. DSR calculatorYour loans' DSR and how much more you could borrow
  3. Loan interest calculatorMonthly payment and total interest by repayment method
Official agencies

What is the newborn special loan?

Ultra-low-rate home purchase and jeonse loans for households with a birth or adoption within 2 years. A policy finance product run by the Housing & Urban Fund, designed to offer lower rates than commercial loans or to be available even with lower credit. You must meet every condition in the table above; the final limit and rate depend on the review.

What to prepare before applying

  • Proof of income (withholding receipt · income certificate)
  • Resident registration and family relation certificates (to check household requirements)
  • Sale or lease contract, property register

Related calculators

Compare your total repayment burden with other loans in the DSR calculator, and total interest by repayment method in the loan interest calculator.

This guide is based on 2026 disclosures and press releases; government loan terms change often with government announcements and fund operations. Always check the latest terms with the official agency before applying. This page doesn't broker loans.

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