DP House 2018 has undergone a change through the discourse of Bank Indonesia (BI) which wants to facilitate the method of repayment in a number of ways. Will be profitable or not?
Based on a report from CNBC Indonesia, BI relaxed the KPR DP rules or Loan to Value (LTV) and Financing to Value (FTV).
This is done in one way such as allowing over credit until indenting mortgage loans.
It is known that BI has held a meeting with stakeholders from the property sector.
The rules that BI relaxes consist of 2 options, namely:
BI allows over home ownership credit with a record of prohibition of over credit within a certain period; except for the completion of NPLs in the same bank.
BI introduces income rules, where prospective borrowers are allowed to take more than one credit facility.
This LTV easing is not arbitrary, Urbanites ...
Because, there will be certain criteria that must be done.
Before understanding the new rules, let's look at the steps taken by BI in the past.
Implementation of the Previous House DP Program
In 2016, BI lowered the ratio of LTV mortgages and made the nominal DP of houses also decreased.
Then in 2017 yesterday, BI again worked on a number of rules related to house payments which also helped adjust the amount of DP.
In accordance with the provisions issued in 2016, first home buyers only pay a down payment of 15 percent.
dp 2018 home
The amount itself will be determined according to several factors in the area.
The nominal DP house differentiation is carried out to encourage the use of housing loans in each region.
Especially as we know Urbanites, the credit potential of the housing sector in various regions has its own differences.
Regions that will experience a nominal nominal difference to buy a house are provinces that have a low occupancy price.
How to find out the magnitude of the number is to calculate it from the fundamental aspects and existing market trends.
Over time, this rule continues to experience significant changes ...
Until finally arrived at the DP 2018 home newest system.
DP House 2018 System Details Offered by BI
As explained earlier, that the 2018 house DP system based on the relaxation of BI rules is described as making it easier for the public to obtain shelter.
Through this policy, BI will authorize the banking industry to regulate its own amount of LTV / FTV from the first credit / financing facility.
The above is in accordance with the bank's analysis of the debtor and their respective risk management policies.
dp 2018 home
In the previous LTV / FTV provisions, the first credit / financing facility arrangement for the ≤70m² site, flats ≤21m², and rukan / ruko had been handed over to each bank.
Meanwhile…
"In the policy of easing the 2018 house DP, the type of house whose arrangement was also handed over to the bank was expanded to the type of site houses and flats> 70m² and flats of type 22-70m²," the BI wrote through its official website.
In determining the amount of LTV to the debtor, the bank must also pay attention to the prudential aspects in its application.
Thus, only banks that have NPL total net credit <5% and gross mortgage NPL <5% who can take advantage of this easing. However, it should be noted that since the beginning of the issuance of yesterday's regulation, BI's LTV / FTV policy has excluded the Central Government and Local Government housing programs. In the end, the arrangement of the first credit / financing facility under the authority of each bank was not only for the ≤70m² site, ≤21m², and shop / office ... but also for all types of site houses, flats, shop houses and offices. *** How Urbanites, have you understood everything about the 2018 DP houses offered by BI? You can get a number of benefits from here, one of which is access and a more flexible residential installment method. The rest, you can use the KPR Calculator feature which can be accessed through the UrbanIndo.com website to design payment methods wisely.
Based on a report from CNBC Indonesia, BI relaxed the KPR DP rules or Loan to Value (LTV) and Financing to Value (FTV).
This is done in one way such as allowing over credit until indenting mortgage loans.
It is known that BI has held a meeting with stakeholders from the property sector.
The rules that BI relaxes consist of 2 options, namely:
BI allows over home ownership credit with a record of prohibition of over credit within a certain period; except for the completion of NPLs in the same bank.
BI introduces income rules, where prospective borrowers are allowed to take more than one credit facility.
This LTV easing is not arbitrary, Urbanites ...
Because, there will be certain criteria that must be done.
Before understanding the new rules, let's look at the steps taken by BI in the past.
Implementation of the Previous House DP Program
In 2016, BI lowered the ratio of LTV mortgages and made the nominal DP of houses also decreased.
Then in 2017 yesterday, BI again worked on a number of rules related to house payments which also helped adjust the amount of DP.
In accordance with the provisions issued in 2016, first home buyers only pay a down payment of 15 percent.
dp 2018 home
The amount itself will be determined according to several factors in the area.
The nominal DP house differentiation is carried out to encourage the use of housing loans in each region.
Especially as we know Urbanites, the credit potential of the housing sector in various regions has its own differences.
Regions that will experience a nominal nominal difference to buy a house are provinces that have a low occupancy price.
How to find out the magnitude of the number is to calculate it from the fundamental aspects and existing market trends.
Over time, this rule continues to experience significant changes ...
Until finally arrived at the DP 2018 home newest system.
DP House 2018 System Details Offered by BI
As explained earlier, that the 2018 house DP system based on the relaxation of BI rules is described as making it easier for the public to obtain shelter.
Through this policy, BI will authorize the banking industry to regulate its own amount of LTV / FTV from the first credit / financing facility.
The above is in accordance with the bank's analysis of the debtor and their respective risk management policies.
dp 2018 home
In the previous LTV / FTV provisions, the first credit / financing facility arrangement for the ≤70m² site, flats ≤21m², and rukan / ruko had been handed over to each bank.
Meanwhile…
"In the policy of easing the 2018 house DP, the type of house whose arrangement was also handed over to the bank was expanded to the type of site houses and flats> 70m² and flats of type 22-70m²," the BI wrote through its official website.
In determining the amount of LTV to the debtor, the bank must also pay attention to the prudential aspects in its application.
Thus, only banks that have NPL total net credit <5% and gross mortgage NPL <5% who can take advantage of this easing. However, it should be noted that since the beginning of the issuance of yesterday's regulation, BI's LTV / FTV policy has excluded the Central Government and Local Government housing programs. In the end, the arrangement of the first credit / financing facility under the authority of each bank was not only for the ≤70m² site, ≤21m², and shop / office ... but also for all types of site houses, flats, shop houses and offices. *** How Urbanites, have you understood everything about the 2018 DP houses offered by BI? You can get a number of benefits from here, one of which is access and a more flexible residential installment method. The rest, you can use the KPR Calculator feature which can be accessed through the UrbanIndo.com website to design payment methods wisely.
