A Study on the Deciding Cause of Choosing Reverse Mortgage: Analysis on the Feature of Reverse Mortgage User

KIM SUN JU; Seon-Jong Yoo

@article{ART001032664},
author={KIM SUN JU and Seon-Jong Yoo},
title={A Study on the Deciding Cause of Choosing Reverse Mortgage: Analysis on the Feature of Reverse Mortgage User},
journal={The Korea Spatial Planning Review},
issn={1229-8638},
year={2006},
volume={50},
pages={125-146}

TY - JOUR
AU - KIM SUN JU
AU - Seon-Jong Yoo
TI - A Study on the Deciding Cause of Choosing Reverse Mortgage: Analysis on the Feature of Reverse Mortgage User
JO - The Korea Spatial Planning Review
PY - 2006
VL - 50
IS - null
PB - 국토연구원
SP - 125
EP - 146
SN - 1229-8638
AB - Recently, the elderly population is increasing in Korea and so public (tenure) Reverse Mortgage will be executed by a government. So it is demanded that the analysis of a foreign case and the study of the interior private Reverse Mortgage. This study analyzed the feature of private(Shinhan Bank) Reverse Mortgage user from 2004. 5 to 2005. 12. The main purpose of this study is to study on deciding the cause of choosing Reverse Mortgage. For this study, the feature of Reverse Mortgage user was analyzed. This paper is applied the public Reverse Mortgage policy plane. The result of the features of Shinhan Bank Reverse Mortgage user is same as this. User's main ages is 60~79, and family numbers is 1~2. The main type of a security house is Apt. The size of a security house is obtained the highest number under 30 pyeong, and the main appraisal price of a security house is 100 million~300 million won. User lived mainly in Seoul, the user's primary monthly payment is 500 thousand~1 million won. User contracted chiefly during 10 years. Multiple regression analysis is composed that dependent variable is the contract period, and independent variable is the user's features. The result of the multiple regression analysis showed that those with car, those with a life partner, lower family number, those with a self -management, higher security house appraisal price, lower lending finance organ number, monthly payment, lower payment period(one month) were more likely to have higher contract period (total payment frequencies).
KW - Reverse Mortgage;Monthly Payment;Contract Period
DO -
UR -
ER -

KIM SUN JU and Seon-Jong Yoo. (2006). A Study on the Deciding Cause of Choosing Reverse Mortgage: Analysis on the Feature of Reverse Mortgage User. The Korea Spatial Planning Review, 50, 125-146.

KIM SUN JU and Seon-Jong Yoo. 2006, "A Study on the Deciding Cause of Choosing Reverse Mortgage: Analysis on the Feature of Reverse Mortgage User", The Korea Spatial Planning Review, vol.50, pp.125-146.

KIM SUN JU, Seon-Jong Yoo "A Study on the Deciding Cause of Choosing Reverse Mortgage: Analysis on the Feature of Reverse Mortgage User" The Korea Spatial Planning Review 50 pp.125-146 (2006) : 125.

KIM SUN JU, Seon-Jong Yoo. A Study on the Deciding Cause of Choosing Reverse Mortgage: Analysis on the Feature of Reverse Mortgage User. 2006; 50 125-146.

KIM SUN JU and Seon-Jong Yoo. "A Study on the Deciding Cause of Choosing Reverse Mortgage: Analysis on the Feature of Reverse Mortgage User" The Korea Spatial Planning Review 50(2006) : 125-146.

KIM SUN JU; Seon-Jong Yoo. A Study on the Deciding Cause of Choosing Reverse Mortgage: Analysis on the Feature of Reverse Mortgage User. The Korea Spatial Planning Review, 50, 125-146.

KIM SUN JU; Seon-Jong Yoo. A Study on the Deciding Cause of Choosing Reverse Mortgage: Analysis on the Feature of Reverse Mortgage User. The Korea Spatial Planning Review. 2006; 50 125-146.

KIM SUN JU, Seon-Jong Yoo. A Study on the Deciding Cause of Choosing Reverse Mortgage: Analysis on the Feature of Reverse Mortgage User. 2006; 50 125-146.

KIM SUN JU and Seon-Jong Yoo. "A Study on the Deciding Cause of Choosing Reverse Mortgage: Analysis on the Feature of Reverse Mortgage User" The Korea Spatial Planning Review 50(2006) : 125-146.

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