Govt approves extending Tapera mortgage tenor to 40 years - Regulations - The Jakarta Post

Regulations

A plan to extend the tenor of subsidized mortgages from 30 to 40 years has been given the green light as the government continues to explore potential financing schemes for implementation, including a tiered interest rate system for landed houses.

A worker installs roof rafters on Aug. 6, 2025, at a subsidized housing estate in Bogor, West Java. (Antara/Yulius Satria Wijaya)

The government has approved a plan to extend the repayment period for subsidized mortgages from 30 to 40 years, in a move aimed at expanding access to homeownership for low-income families.The decision was made during a meeting on Wednesday held by the Public Housing Savings Management Board (BP Tapera), specifically the Tapera Committee.

The committee is led by Public Housing and Settlements Minister Maruarar Sirait and its members include Finance Minister Purbaya Yudhi Sadewa, Manpower Minister Yassierli and Financial Services Authority (OJK) head Friderica Widyasari Dewi.