IDState-owned bank BTN in Indonesia claims that banks can provide 40-year housing mortgages through the Housing Financing Liquidity Facility (FLPP), as most funding comes from the government. BTN director Hirwandi Gafar stated that such long-term financing is safe for banks if the government ensures continuous funding during the loan period. However, he emphasized that legal land ownership issues, such as the validity of Building Use Rights (SHGB) and Management Rights (HPL), must be resolved before offering 40-year mortgages. While longer terms reduce monthly payments, they result in higher overall interest costs for consumers. The move aims to ease payment burdens for homeowners.
Bias read (Center): The article presents information from BTN officials without overtly favoring any political ideology. It discusses government-backed financial policies and their implications for consumers, focusing on technical aspects like funding structures and legal requirements rather than taking a partisan立场. S
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