Here's the Monthly Instalment for Subsidised Mortgages with a 40-Year Tenor

The Tapera (Public Housing Savings) Management Body is optimistic that the subsidised mortgage scheme with a repayment period of up to 40 years will expand the reach of beneficiaries for subsidised housing, enabling more low-income communities to obtain homes. Tapera Management Body Commissioner Heru Pudyo Nugroho explained that mortgage access is becoming wider because the public’s ability and opportunity to pay credit will improve. ‘The longer the instalment period, the lighter the monthly payments. As a result, people who previously did not meet the banking sector’s repayment capacity requirements have a greater chance of obtaining a subsidised home,’ Heru said in a statement in Jakarta, cited on Thursday, 25 June 2026. With a longer repayment period, subsidised home instalments are expected to become much lighter, at around Rp500,000 to Rp700,000 per month. This scheme is expected to help more people, including those earning around Rp2.8 million per month, to own their first home. Previously, Minister of Housing and Settlement Areas Maruarar Sirait stated that the subsidised mortgage scheme with a tenor of up to 40 years had been agreed upon and was ready to be implemented. Ara said the decision was taken during a Limited Meeting of the Tapera Management Body Committee with Finance Minister Purbaya Yudhi Sadewa, Manpower Minister Yassierli, and Tapera Commissioner Heru Pudyo Nugroho. According to him, the committee approved the implementation of a mortgage tenor of up to 40 years as a follow-up to President Prabowo’s directive to present a more affordable housing financing scheme for the public.