Calculate monthly payments for South Korea's Newborn Special Housing Loan (Didimdol/Beotimmok) for families with children born after Jan 2023. 2026 eligibility: household income ≤ KRW 130M (≤200M for dual-income).
This calculator provides reference estimates based on the January 2026 South Korean Housing and Urban Guarantee Fund (HUG) / Korea Housing Finance Corporation (HF) rate disclosure for the Newborn Special Didimdol Loan. Actual rates, preferential conditions, and limits depend on LTV, DTI, credit score, and individual appraisal. This service bears no legal liability for loan approval or terms. For accurate consultation, contact the Korean Housing Fund portal (hf.go.kr/kb) or partner banks (Woori, KB, NH, Shinhan, IBK).
Introduced in January 2024 to address Korea's low birth rate, this loan offers preferential rates to families with children born on/after Jan 1, 2023. Eligibility: no-home or one-home (for refinancing). Didimdol (home purchase) up to KRW 400M; Beotimmok (jeonse) up to KRW 300M. Preferential rates apply for 5 years and can extend by 5 years per additional birth (max 15 years). Apply before property transfer registration or within 3 months after registration.
Same KRW 400M limit, but rates are 0.5-1%p lower and income ceiling is higher (KRW 200M for dual-income). Additional 0.2%p preferential for 2+ children.
Yes — refinancing from both commercial and policy loans into the Newborn Special Loan is allowed. Partial waiver of the 3-year early repayment fee is available from 2024. Confirm with your Korean bank.
Yes — the Newborn Special Beotimmok Loan is a separate product: up to KRW 300M (capital region) / KRW 200M (other regions), at 1.10%-3.00% annual rates in South Korea.
Rate reverts to regular Didimdol or market rates. Each additional birth extends 5 years (max 15 years total).
South Korea's 2026 Newborn Special Housing Loan (Didimdol/Beotimmok) reference. Covers eligibility (household income ≤130M / dual ≤200M, home ≤900M, ≤85 m²), rate brackets (1.80%-4.50%), maximum limits (KRW 400M purchase / 300M jeonse), monthly payment simulation, and refinancing options.