1. Reasons for Modification

□ Amend detailed regulations to introduce the maturity cap applicable to calculating the debt service ratio (DSR) and update the language about future income, etc.

2. Major Provisions

□ Use the actual loan period as the loan period applicable to calculating debt in the DSR if there is enough capacity to repay during the loan period.

Otherwise, set the maximum period of 40 years, and introduce a transitional provision to prevent a disadvantage from occurring due to a change in the scheme (<Table 10> Subparagraph 12-2).

□ Apply the same determination criteria for regulatory evasion to calculating the DSR on a mutatis mutandis basis as the debt-to-income ratio (DTI) (<Table 10> Subparagraph 11).

□ Update the language about detailed regulations with an amendment to supervisory regulations.

Update the language about future income in calculating annual income more comprehensively (<Table 10> Subparagraph 9).

Update the language about “households” and “high-value houses” within supervisory regulations (<Table 10> Subparagraph 5-1 and Subparagraph 5-2).