The housing pension is a system in which an elderly person who owns a house can receive a monthly pension for life or for a certain period of time by entrusting the house owned as collateral in order to prepare for unstable income in old age.
Although the average life expectancy is getting longer, there are still only a handful of people who can afford enough to prepare for old age due to the structure of our country. The reality is that most of the people who are over 60 are still looking for new jobs to work.
The housing pension system was created by the Korea Housing Finance Corporation to compensate for the economic difficulties of old age.
The amount of housing annuity will vary depending on the payment method and the amount of contributions. The monthly payment amount can be divided into 4 categories.
1. Lifetime method: monthly payments are paid for life 주택연금 수령액 조회
2. Fixed period method: A method in which payment is received only for a certain period selected at the time of subscription
3. Preferential method: A method of receiving preferential payments of up to 15% to owners of a single house of 150 million won or less 좋은뉴스
4. Loan repayment method: To repay the mortgage loan, find and use it at once within the withdrawal limit, and receive the remaining amount in the form of life
Let’s look at an example for each payment method.
This is the first life-time payment method. For example, if the house price is 300 million won and the pension age is 70, you will receive 972,000 won per month in the form of life. It is not an absolute amount, so please refer to it as an example.
The second is the fixed period method. If you select the fixed period as 10 years, and calculate that the age of the house is 300 million won, the age is 70, you can receive 1,624,000 won each month. This means that you will receive 652,000 won more each month than the life sentence. (only for 10 years)
We have given two examples of typical housing annuity payment methods. In the case of loan repayment method or preferential treatment method, the amount received varies depending on the conditions and various circumstances at the time of subscription, so it is excluded from this posting. The above chart is only an example, and the actual amount you receive when you join the housing pension may vary.
Korea Housing Finance Corporation provides an estimated pension inquiry service that you can check yourself using the housing pension calculator.
You can directly set the basic information of the homeowner and spouse, housing price, payment method and type, payment period, etc. (Go to service)
The conditions for joining a housing pension are determined according to age, number of houses, housing type, residence status, debtor, etc. For details, please refer to the following.
A housing annuity is a system in which a person receives a pension with a house as collateral, so many people are reluctant to it because of the sound of collateral, but it has considerable advantages.
It is guaranteed by the state, and you can be guaranteed a lifetime residence and lifetime payment. Even if the house is reconstructed after joining the pension, the housing pension contract can be maintained.
In addition, if the amount of the house disposal is greater than the total amount of the pension payment at the time of settlement after the death of both the pensioner and the couple, the remaining part goes to the heir.
Conversely, if the pension payment is larger, no separate claim is made to the heir.
The reality is that the National Pension alone is not enough to live in old age without economic activity. It seems that various pension systems can be of some help in unstable old age.
Until now, it was the method of inquiry of the amount of the housing pension receipt.