Model Song Hae-na Discusses Mortgage Strategies on 'My Little Old Boy'

On the latest episode of SBS's variety show 'My Little Old Boy', model Song Hae-na proudly showcased her first self-purchased apartment.

During the episode aired on the 8th, Song visited a bank to discuss her mortgage options. Currently utilizing a home mortgage loan, she inquired about more efficient ways to repay it while saving money.

Song Hae-na secured her first apartment with a 40-year mortgage and is diligently making payments without any defaults. She opted for a loan with an interest rate that adjusts every six months, and she was pleased to learn that her rate had decreased by approximately 0.4%.

After realizing she missed out on interest benefits by not renewing her savings account, Song promptly opened a new account, securing an additional 0.2% interest rate reduction. She also expressed interest in various investment products such as savings accounts, ISAs, IRAs, and ETFs, showcasing her financial savvy.

Song Hae-na's journey from a semi-basement to owning her own home in 15 years was highlighted, with her apartment being revealed. Her mother expressed frustration over the cluttered state of Song's wardrobe, noting, "Clothes are scattered from the back to the front door."

While reviewing her expenses, Song admitted, "Before moving, my credit card bill was around 2 million won, but after moving, it jumped to 3.1 million won," revealing her concern over the 1.07 million won increase.

The increase was attributed to impulsive spending on alcohol and taxi fares. Song reflected on a single night where she spent 500,000 won on drinks, saying, "I tend to pay when I drink. I must have been happy then."

Her mother humorously commented on Song's increased taxi expenses, saying, "She must enjoy drinking a lot. If she drinks a lot, she takes taxis a lot," eliciting laughter. Song expressed determination to cut down on her alcohol and taxi expenses, aiming to reduce her spending by 1 million won.

Song shared, "When my dad received his salary, my mom saved 100% of it and we ate food provided by my grandmother. We lived off bonuses and my maternal grandmother's provisions. Our bank balance grew because my mom was so frugal."

She added, "Because my mom did that, I live the way I do now. I went from a goshiwon to a one-room, two-room, and finally an apartment," expressing satisfaction with her 15-year journey to homeownership.

Kim Eun-jung, TenAsia Reporter eun@tenasia.co.kr