Post by Fletchsmile on Nov 30, 2015 16:24:54 GMT 7
For anyone interested in Thai mortgages the article below is worth a read.
There's also an interesting table within the article which gives an idea of the rates fro about a dozen of the main banks
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No place like home
The government's housing stimulus package gives low-income earners a chance to have their own property
Published: 30/11/2015 at 06:30 AM
Newspaper section: Business
Now is the best time for low-income earners to have their own homes, with the door opened to them by the state-owned GH Bank's flexible housing loans and the government's cuts in transfer and mortgage fees as part of the property stimulus package.
GH Bank is offering a total of 10 billion baht in low-rate mortgages to those who want to buy homes priced 3 million baht or less. Under the scheme, the state-backed housing lender offers mortgages of up to 3 million baht to those with monthly incomes of 30,000 baht. Normally, only those earning 54,000 baht a month are eligible for the 3-million-baht housing loans.
www.bangkokpost.com/business/finance/780533/no-place-like-home
There's also an interesting table within the article which gives an idea of the rates fro about a dozen of the main banks
======================================
No place like home
The government's housing stimulus package gives low-income earners a chance to have their own property
Published: 30/11/2015 at 06:30 AM
Newspaper section: Business
Now is the best time for low-income earners to have their own homes, with the door opened to them by the state-owned GH Bank's flexible housing loans and the government's cuts in transfer and mortgage fees as part of the property stimulus package.
GH Bank is offering a total of 10 billion baht in low-rate mortgages to those who want to buy homes priced 3 million baht or less. Under the scheme, the state-backed housing lender offers mortgages of up to 3 million baht to those with monthly incomes of 30,000 baht. Normally, only those earning 54,000 baht a month are eligible for the 3-million-baht housing loans.
www.bangkokpost.com/business/finance/780533/no-place-like-home
