| Housing loan | MNT |
USD |
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|
Loan interest
|
Down Payment /Percentage of Housing Prices/
|
30.0%-39.9% | 40.0%-49.9% |
50.0% or more
|
Below 30.0%
|
30.0% or more
|
|
Loan interest /month/
|
1.80% | 1.70% | 1.60% | 1.35% | 1.00% | |
| Loan interest /annual/ | 21.60% | 20.40% | 19.20% | 16.20% |
12.00% |
|
|
Term of loan
|
Up to 180 months
|
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|
Loan Benefits
|
1% of the loan amount or the maximum amount is 1,500,000 MNT or equivalent currency
|
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|
Increased interest
|
The increased interest rate is equal to 20 percent of the basic interest rate | |||||
|
Benefits of Changes to the Original Loan Term
|
1% of the loan balance
|
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|
Application Fee
|
10,000 MNT
|
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|
Credit database reference fee
|
For each inquiry during the loan investigation /Citizen, Organization/ – 1,000 MNT |
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