Photo: siam-legal.com
The Government Housing Bank (GHB) is set to introduce three new home loan products with a combined budget of 45 billion baht. With an initial interest rate of 0% for the first three months and a minimum monthly repayment of just 3,300 baht per million borrowed, the bank aims to make homeownership more accessible for Thai citizens.
GHB, a state-run financial institution whose mission is to enable Thai people to own their homes, is offering three distinct home loan products as this year draws to a close. Here are the details:
1. The “Happy ;D” home loan has a budget of 10 billion baht. It is designed for customers who wish to purchase houses or condominium units from participating projects.
The interest rate for the first three months is 0% per year, followed by 2.50% for months four to 12, 2.98% for the second year, and 3.55% for…
