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The 33% installment amount is calculated based on the beneficiary’s income… The Ministry of Housing begins paying installments for housing units

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The Ministry of Housing announced that payments for housing units will begin four months after the recipient takes possession of the housing unit or receives the housing loan, and the due date for installment payments begins two years after the date the housing subsidy contract was signed, and for (a housing loan for the construction of a home or land, or a combination of both), either when the Ministry is ready to disburse the loan or four months after the date of completion of construction, whichever is earlier.

According to Housing Support Regulation 33%, the monthly installment is 33% of the borrower’s monthly income, provided that the repayment period does not exceed 25 years from the start of the repayment period, and if the installment amount is.

The beneficiary begins repaying installments for developed land either from the date of land delivery or four months after the date of completion of construction, whichever is shorter.