Bangkok, GH Bank has set a budget of 50 billion baht to create a DD (Dee Dee) home loan project with an interest rate of only 1.90% per year for the first year, with low installment payments starting at 3,000 baht per month per million. GHB supports Thais to own their own homes by preparing a budget of 50 billion baht to create the 'DD (Dee Dee) Home Loan Project' for those who want to own a home from a housing project that has an agreement with GHB. The first year's interest rate is only 1.90% per year, with an average of 2.80% for the first 3 years. Installments start at only 3,000 baht per million per month. Special! In the case of the first contract, the collateral value is less than 10 million baht, and the loan amount will be 110% of the appraised value or purchase price. Interested customers can submit a loan application at any bank branch nationwide from today onwards and complete the transaction by December 30, 2024. Mr. Kamolpop Virapala, President of the Government Housing Bank (GHB), revealed t hat the DD (Dee Dee) home loan project for those who want to buy a house or condominium is operated by the project operator (Developer) who has an agreement with the GHB, including purchasing equipment or facilities related to housing along with the home loan. The interest rate for the first year is 1.90% per year, the second year is 2.90% per year, and the third year is 3.60% per year (the average interest rate for the first 3 years is only 2.80%). While the 4th - 5th year, the interest rate is MRR-2.00% per year, and the 6th year until the end of the contract, for retail customers, it is MRR-0.50% per year, for welfare customers, it is MRR-1.00% per year, and in the case of purchasing equipment or facilities that Related to housing, equal to MRR (current GHB MRR interest rate is 6.545% per year), maximum loan term of 40 years, in case of borrowing 1 million baht, installment payments start at only 3,000 baht per month. Special!! In the case of the first contract, the collateral value is less than 10 millio n baht, customers will receive a loan limit of 110% of the appraised value or sales price. This is to increase customers' options in having more housing. For those who are interested, you can submit a loan application at any GHB branch nationwide from today onwards and complete the transaction by December 30, 2024, or GHB will provide a loan up to the project limit. 'GHB is ready to help customers own a home by providing a loan of up to 110% of the appraised value or purchase price, which will give customers more options to buy a home or condominium. Meanwhile, the interest rate in the first 3 years is low, allowing customers to plan their finances carefully and appropriately,' said Mr. Kamolpop. Source: Thai News Agency