Table 8. Effect of interest rate reduction (unit: KRW)

Loan maturity	Monthly repayment	Actual repayment	Accumulated amount	Contract interest rate (%)	Actual interest rate (%)	Reduction effect (%p)
20 years	908,970	818,073	90,897	4.0	2.81	1.19
30 years	760,028	684,025	76,003	4.5	3.62	0.88

Note: Housing price: 300 mil., LTV: 50%.