Hello,

What mortgage options are available for those who are willing to put a home in the name of a thai spouse? Do they have 30 yr mortgages in Thailand? What are the current interest rates? Thank You.

I have seen adverts from banking institutions such as K Bank but have no idea what the terms and conditions are.

You might start out by going to your local branch and asking.

Longest term I've heard of is 15 years. MLR is hovering around 7.75% (posted publicly at most bank branches). Easier to get a loan for borrowers if they are buying new homes. Second hand properties a bit more difficult. You need about twice the monthly income of what one's expected monthly mortgage payment is. It'll all vary just a bit from bank to bank, but that's probably along the lines of what most folks run into.

Im looking at BangkokBank's fixed mortgage rates now. On a 5 million baht loan, the juice is 8% over 30 years, 10% over 20 years, and 8% over 10 years. Not too ideal in comparison to the 5.5% lending rate in some Western countries.

I guess I am going to be paying out money to my landlord every month with nothing to show.

My wife (and I) have a 20 year morgage on a 5 mil house from Land and House developers. Interest rate is around 4%, as I recall, from Siam Commercial Bank. First year was 2.5%, then increased afterward.

Turns out I recalled wrong. Our rate is actually 6.1%. I had to look it up. Sorry!