Subsidized Mortgage: Terms and New Application Data for 2026

The subsidized mortgage under the Government Housing Bank of Thailand (GH Bank)’s “Home for Everyone PLUS” program attracted more than 11,430 people who registered to receive codes for submitting a loan application. “Home for Everyone PLUS” is an editorial translation of the Thai name (บ้านคนละหลัง PLUS). According to bank statistics as of November 1, 2026, the total requested amount reached 34,290 million baht. However, registration and receiving a code do not mean the loan is approved, the loan amount is confirmed, or money is disbursed. The program covers purchase and construction of housing, with separate limits on property value and loan size. Initial rates and payments cannot be assumed to apply for the entire contract term: terms differ by income assessment category, and eligibility for a specific citizenship and status should be checked with the bank.

Current as of November 2026

What is known

General transaction questions are covered in the article on buying property in Thailand. The bank’s new statistics concern registrations of interest in the loan program.

As of November 1, 2026, more than 11,430 people registered to receive codes. The requested amount — 34,290 million baht, or 68% of the program’s overall limit of 50,000 million baht, according to the Government Housing Bank of Thailand.

These are different measures: the requested amount does not equal the volume of loans issued. It cannot be used to determine how much financing is actually still available.

In a separate announcement, the bank reported on the first group of 12 clients with approved loans. This information concerns one specific group, not the total number of approvals as of the update date. It cannot be compared with registrations to calculate the share of approved applications.

Subsidized Mortgage: Loan Amounts and Purposes

According to data as of November 2026, the official program page of the Government Housing Bank of Thailand lists specific limits:

• Main maximum loan — 3,000,000 baht per borrower and collateral property.
• When a housing loan is combined with a loan for related equipment — up to 3,300,000 baht.
• Price under the sale contract and/or construction cost — no more than 3,000,000 baht.

In other words, a combined loan does not raise the maximum price of the property itself. The program’s overall limit also should not be confused with the amount an individual applicant can receive.

Confirmed purposes are: purchase of land with a house or apartment, construction, and purchase of land together with construction. Buying a vacant plot on its own is not listed among these.

Interest Rates and Loan Term Limits

According to data as of November 2026, rates differ for standard and relaxed income and expense assessment criteria. The periods and conditions are set out in the Government of Thailand’s explanation.

In the sixth–seventh years, a formula applies to both groups: the bank’s minimum retail rate (MRR) minus 2.00 percentage points per year. The starting rate is not fixed for the entire loan term.

The government gives an example of an initial payment of about 3,600 baht per month on a 1 million baht loan. This payment is not guaranteed for every borrower or for the entire contract term — you should not rely on it alone when estimating future costs.

The loan term ranges from 3 to 40 years. The main restriction: the borrower’s age plus the loan term must not exceed 70 years; the maximum term does not mean it will be approved for every applicant.

When applications are accepted

The application period runs from October 15, 2026, until December 30, 2030, or until the program’s overall limit is exhausted, whichever comes first. The bank may end the program early if the allocated loan limit is fully used.

The application period and the repayment term are different conditions. The first determines when you can apply for a loan; the second determines how long the borrower repays it under an individual contract.

What to do

The bank outlines the following participation process:

1. Register through the bank’s mobile app (GHB ALL GEN).
2. Add the bank’s official banking service account (GHB Buddy) in the LINE messenger and register there.
3. Get a participation code through this account.
4. Submit the loan application at a branch of the Government Housing Bank of Thailand. You can apply anywhere in the country.

The code contains 6 digits. Receiving it is only a step in the process; it does not mean the loan is approved or the loan amount is confirmed.

The bank lists the following documents:

• Personal: Thai identity card or government employee ID card, house registration.
• For employees: pay slips or proof of salary receipt for 3 months, a copy of the bank statement for 6 months.
• For self-employed persons: a copy of the bank statement for 12 months or other proof of financial standing; proof of income tax payment is also listed.
• For the property: a copy of the sale contract or deposit agreement, documents proving rights to the land or apartment; for construction, a permit and plan.

These are examples, not an exhaustive list. The reference to a Thai ID card alone does not establish the full list of eligible citizenships and statuses.

Before deciding to buy, confirm with the bank whether your citizenship and status allow you to participate, the down payment, the income assessment category, and your individual payment schedule. Also review the rules on owning property in Thailand; fees are set by the bank’s current announcements.

Terms and availability of financing may change. Before applying, check the current requirements and get the bank’s individual terms.