Housing loan interest rate in 2025 is 4.7%/year
The housing loan interest rate in 2025 is set at 4.7%/year, applied to outstanding loans according to current regulations.
Specifically, this interest rate is applied to loans according to Circular No. 11/2013/TT-NHNN dated May 15, 2013, Circular No. 32/2014/TT-NHNN dated November 18, 2014 and Circular No. 25/2016/TT-NHNN dated July 29, 2016.
This decision will take effect from January 1, 2025, replacing the previous decision. The new interest rate is 0.1%/year lower than the 4.8%/year interest rate applied in 2024. This is an effort to support people and businesses to access preferential capital for housing-related purposes.
The purpose of the loan is to support housing for individuals and households who want to buy, rent, or hire-purchase social housing; rent or buy commercial housing; build new or repair existing housing. Eligible borrowers include home buyers, renters, or hire-purchasers; businesses investing in the construction of social housing; and businesses investing in the construction of commercial housing that has been converted into social housing as announced by the Ministry of Construction.
In addition, the Appendix attached to Decision No. 2690/QD-NHNN also announced the list of 17 commercial banks participating in this program. The banks include BIDV, Vietcombank, VietinBank, Agribank, SHB, SeABank, TPBank, Eximbank, PVCombank, OCB, NamABank, LPBank, VietBank, NCB, VIB, VPBank and SCB, which are designated to refinance housing support loans.
