Korea's newborn special didimdol loan caps out at 400 million won at a fixed 1.8–4.5%, for households with combined income under 130 million won (200 million for dual earners). Here are the monthly payments by income band.
Korea's COFIX benchmark was published at 3.05% and 2.54% on the same day depending on which version you read. On a 300 million won mortgage that is 1.53 million won of first-year interest — until the bank's spread cancels it out.
With Seoul transactions plunging after the capital gains surcharge and the government real estate crackdown intensifying, it is worth revisiting mortgage rate structure. The fixed vs. variable choice and refinancing decision must be read alongside transaction volume and policy direction.