{"id":2834,"date":"2025-08-25T15:02:35","date_gmt":"2025-08-25T06:02:35","guid":{"rendered":"https:\/\/wi-th.com\/?p=2834"},"modified":"2025-08-28T12:22:30","modified_gmt":"2025-08-28T03:22:30","slug":"arten-von-neubaudarlehen","status":"publish","type":"post","link":"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/","title":{"rendered":"Arten von Neubaudarlehen"},"content":{"rendered":"<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\uacf5\uc0ac(\uc8fc\ud0dd\u00b7\uc0c1\uac00\u00b7\uacf5\uc7a5 \ub4f1)\uc2dc \uc790\uae08\uc744 \ub9c8\ub828\ud558\uae30 \uc704\ud574 \ubc1b\uc744 \uc218 \uc788\ub294 <strong><strong>\uacf5\uc0ac <\/strong>\ub300\ucd9c \ubc29\ubc95<\/strong><\/p>\n<\/blockquote>\n\n\n\n<div style=\"height:100px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Inhalts\u00fcbersicht<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Umschalten auf<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#%F0%9F%8F%97%EF%B8%8F_%EC%8B%A0%EC%B6%95_%EA%B3%B5%EC%82%AC_%EB%8C%80%EC%B6%9C_%EC%A2%85%EB%A5%98\" >\ud83c\udfd7\ufe0f \uc2e0\ucd95 \uacf5\uc0ac \ub300\ucd9c \uc885\ub958<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#1_%ED%86%A0%EC%A7%80%EB%8B%B4%EB%B3%B4%EB%8C%80%EC%B6%9C\" >1. \ud1a0\uc9c0\ub2f4\ubcf4\ub300\ucd9c<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#1-1_%EA%B0%9C%EB%85%90\" >1-1. \uac1c\ub150<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#1-2_%EB%8C%80%EC%B6%9C_%EA%B0%80%EB%8A%A5_%EC%8B%9C%EC%A0%90\" >1-2. \ub300\ucd9c \uac00\ub2a5 \uc2dc\uc810<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#1-3_%EB%8C%80%EC%B6%9C_%ED%95%9C%EB%8F%84\" >1-3. \ub300\ucd9c \ud55c\ub3c4<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#1-4_%ED%99%9C%EC%9A%A9_%EC%9A%A9%EB%8F%84\" >1-4. \ud65c\uc6a9 \uc6a9\ub3c4<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#1-5_%EB%8C%80%EC%B6%9C_%EC%A1%B0%EA%B1%B4_%EB%B0%8F_%EC%8B%AC%EC%82%AC_%EC%9A%94%EC%86%8C\" >1-5. \ub300\ucd9c \uc870\uac74 \ubc0f \uc2ec\uc0ac \uc694\uc18c<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#1-6_%EA%B8%88%EB%A6%AC\" >1-6. \uae08\ub9ac<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#1-7_%EC%83%81%ED%99%98_%EB%B0%A9%EC%8B%9D\" >1-7. \uc0c1\ud658 \ubc29\uc2dd<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#1-8_%EC%9E%A5%EB%8B%A8%EC%A0%90\" >1-8. \uc7a5\ub2e8\uc810<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#2_%EA%B1%B4%EC%B6%95%EC%9E%90%EA%B8%88%EC%A4%91%EB%8F%84%EA%B8%88_%EB%8C%80%EC%B6%9C\" >2. \uac74\ucd95\uc790\uae08(\uc911\ub3c4\uae08) \ub300\ucd9c<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#2-1_%EA%B0%9C%EB%85%90\" >2-1. \uac1c\ub150<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#2-2_%EB%8C%80%EC%83%81%EC%A0%81%EC%9A%A9_%EC%82%AC%EB%A1%80\" >2-2. \ub300\uc0c1\/\uc801\uc6a9 \uc0ac\ub840<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#2-3_%EC%A7%91%ED%96%89_%EA%B5%AC%EC%A1%B0%EB%8C%80%ED%91%9C_%EC%9C%A0%ED%98%95\" >2-3. \uc9d1\ud589 \uad6c\uc870(\ub300\ud45c \uc720\ud615)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#2-4_%ED%95%9C%EB%8F%84_%EC%82%B0%EC%A0%95_%EC%8B%A4%EB%AC%B4_%EA%B0%90%EA%B0%81%EC%B9%98\" >2-4. \ud55c\ub3c4 \uc0b0\uc815 (\uc2e4\ubb34 \uac10\uac01\uce58)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#2-5_%EA%B8%88%EB%A6%AC%EB%B9%84%EC%9A%A9%EC%A0%84%ED%98%95%EC%A0%81_%EA%B5%AC%EC%84%B1\" >2-5. \uae08\ub9ac\/\ube44\uc6a9(\uc804\ud615\uc801 \uad6c\uc131)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#2-6_%EC%83%81%ED%99%98_%EB%B0%A9%EC%8B%9D%EB%8C%80%ED%99%98_%EC%8B%9C%EB%82%98%EB%A6%AC%EC%98%A4\" >2-6. \uc0c1\ud658 \ubc29\uc2dd\/\ub300\ud658 \uc2dc\ub098\ub9ac\uc624<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#2-7_%EC%8B%AC%EC%82%AC_%ED%8F%AC%EC%9D%B8%ED%8A%B8%EA%B8%B0%EA%B4%80%EC%9D%B4_%EB%B3%B4%EB%8A%94_%ED%95%B5%EC%8B%AC\" >2-7. \uc2ec\uc0ac \ud3ec\uc778\ud2b8(\uae30\uad00\uc774 \ubcf4\ub294 \ud575\uc2ec)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#2-8_%ED%95%84%EC%9A%94%EC%84%9C%EB%A5%98_%EC%B2%B4%ED%81%AC%EB%A6%AC%EC%8A%A4%ED%8A%B8\" >2-8. \ud544\uc694\uc11c\ub958 \uccb4\ud06c\ub9ac\uc2a4\ud2b8<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#2-9_%EC%A0%88%EC%B0%A8%ED%91%9C%EC%A4%80_%ED%83%80%EC%9E%84%EB%9D%BC%EC%9D%B8\" >2-9. \uc808\ucc28(\ud45c\uc900 \ud0c0\uc784\ub77c\uc778)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#2-10_%EB%A6%AC%EC%8A%A4%ED%81%AC_%EC%9C%A0%EC%9D%98%EC%82%AC%ED%95%AD\" >2-10. \ub9ac\uc2a4\ud06c &#038; \uc720\uc758\uc0ac\ud56d<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#2-11_%EC%8B%A4%EB%AC%B4_%ED%8C%81\" >2-11. \uc2e4\ubb34 \ud301<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#3_%EB%B8%8C%EB%A6%AC%EC%A7%80Bridge_%EB%8C%80%EC%B6%9C\" >3. \ube0c\ub9ac\uc9c0(Bridge) \ub300\ucd9c<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#3-1_%EA%B0%9C%EB%85%90\" >3-1. \uac1c\ub150<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#3-2_%EC%96%B8%EC%A0%9C_%EC%93%B0%EB%82%98_%EB%8C%80%ED%91%9C_%EC%8B%9C%EB%82%98%EB%A6%AC%EC%98%A4\" >3-2. \uc5b8\uc81c \uc4f0\ub098 (\ub300\ud45c \uc2dc\ub098\ub9ac\uc624)<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#A_%EA%B0%9C%EB%B0%9C%EC%8B%A0%EC%B6%95_%ED%94%84%EB%A1%9C%EC%A0%9D%ED%8A%B8\" >A. \uac1c\ubc1c\/\uc2e0\ucd95 \ud504\ub85c\uc81d\ud2b8<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#B_%EA%B0%9C%EC%9D%B8_%EC%A3%BC%EA%B1%B0_%EC%9D%B4%EC%A0%84\" >B. \uac1c\uc778 \uc8fc\uac70 \uc774\uc804<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#3-3_%EA%B5%AC%EC%A1%B0%EC%99%80_%EB%8B%B4%EB%B3%B4\" >3-3. \uad6c\uc870\uc640 \ub2f4\ubcf4<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#3-4_%ED%95%9C%EB%8F%84_%EC%82%B0%EC%A0%95_%EB%B0%A9%EC%8B%9D%EC%8B%A4%EB%AC%B4_%EA%B0%90%EA%B0%81%EC%B9%98\" >3-4. \ud55c\ub3c4 \uc0b0\uc815 \ubc29\uc2dd(\uc2e4\ubb34 \uac10\uac01\uce58)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#3-5_%EA%B8%88%EB%A6%AC%C2%B7%EB%B9%84%EC%9A%A9\" >3-5. \uae08\ub9ac\u00b7\ube44\uc6a9<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-31\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#3-6_%EC%8B%AC%EC%82%AC_%ED%8F%AC%EC%9D%B8%ED%8A%B8%EA%B8%B0%EA%B4%80%EC%9D%B4_%EB%B3%B4%EB%8A%94_%ED%95%B5%EC%8B%AC\" >3-6. \uc2ec\uc0ac \ud3ec\uc778\ud2b8(\uae30\uad00\uc774 \ubcf4\ub294 \ud575\uc2ec)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-32\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#3-7_%ED%95%84%EC%9A%94_%EC%84%9C%EB%A5%98_%EC%B2%B4%ED%81%AC%EB%A6%AC%EC%8A%A4%ED%8A%B8\" >3-7. \ud544\uc694 \uc11c\ub958 \uccb4\ud06c\ub9ac\uc2a4\ud2b8<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-33\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#3-8_%EC%A0%88%EC%B0%A8%ED%91%9C%EC%A4%80_%ED%83%80%EC%9E%84%EB%9D%BC%EC%9D%B8\" >3-8. \uc808\ucc28(\ud45c\uc900 \ud0c0\uc784\ub77c\uc778)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-34\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#3-9_%EB%A6%AC%EC%8A%A4%ED%81%AC_%EC%9C%A0%EC%9D%98%EC%82%AC%ED%95%AD\" >3-9. \ub9ac\uc2a4\ud06c &#038; \uc720\uc758\uc0ac\ud56d<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-35\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#3-10_%EC%8B%A4%EB%AC%B4_%ED%8C%81\" >3-10. \uc2e4\ubb34 \ud301<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-36\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#3-11_%EA%B0%84%EB%8B%A8_%EA%B3%84%EC%82%B0_%EC%98%88%EC%8B%9C%EA%B0%9C%EB%B0%9C%ED%98%95\" >3-11. \uac04\ub2e8 \uacc4\uc0b0 \uc608\uc2dc(\uac1c\ubc1c\ud615)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-37\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#4_%ED%94%84%EB%A1%9C%EC%A0%9D%ED%8A%B8_%ED%8C%8C%EC%9D%B4%EB%82%B8%EC%8B%B1PF_%EB%8C%80%EC%B6%9C\" >4. \ud504\ub85c\uc81d\ud2b8 \ud30c\uc774\ub0b8\uc2f1(PF) \ub300\ucd9c<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-38\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#4-1_%EA%B0%9C%EB%85%90%C2%B7%ED%8A%B9%EC%A7%95\" >4-1. \uac1c\ub150\u00b7\ud2b9\uc9d5<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-39\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#4-2_%EC%9E%90%EA%B8%88%ED%9D%90%EB%A6%84%EC%A0%84%ED%98%95%EC%A0%81_%EB%8B%A8%EA%B3%84\" >4-2. \uc790\uae08\ud750\ub984(\uc804\ud615\uc801 \ub2e8\uacc4)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-40\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#4-3_%ED%95%9C%EB%8F%84_%EC%82%B0%EC%A0%95_%ED%95%B5%EC%8B%AC_%EC%A7%80%ED%91%9C\" >4-3. \ud55c\ub3c4 \uc0b0\uc815 \ud575\uc2ec \uc9c0\ud45c<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-41\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#4-4_%EA%B8%88%EB%A6%AC%C2%B7%EB%B9%84%EC%9A%A9_%EA%B5%AC%EC%A1%B0\" >4-4. \uae08\ub9ac\u00b7\ube44\uc6a9 \uad6c\uc870<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-42\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#4-5_%EB%8B%B4%EB%B3%B4%C2%B7%EB%B3%B4%EC%A6%9D%EB%B3%B4%EC%95%88_%ED%8C%A8%ED%82%A4%EC%A7%80\" >4-5. \ub2f4\ubcf4\u00b7\ubcf4\uc99d(\ubcf4\uc548 \ud328\ud0a4\uc9c0)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-43\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#4-6_%EC%8B%AC%EC%82%AC_%ED%8F%AC%EC%9D%B8%ED%8A%B8%EA%B8%88%EC%9C%B5%EC%82%AC%EA%B0%80_%EB%B3%B4%EB%8A%94_%EA%B2%83\" >4-6. \uc2ec\uc0ac \ud3ec\uc778\ud2b8(\uae08\uc735\uc0ac\uac00 \ubcf4\ub294 \uac83)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-44\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#4-7_%ED%95%84%EC%88%98_%EC%84%9C%EB%A5%98%EC%9A%94%EC%95%BD_%EC%B2%B4%ED%81%AC%EB%A6%AC%EC%8A%A4%ED%8A%B8\" >4-7. \ud544\uc218 \uc11c\ub958(\uc694\uc57d \uccb4\ud06c\ub9ac\uc2a4\ud2b8)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-45\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#4-8_%EC%A7%91%ED%96%89%C2%B7%EA%B4%80%EB%A6%AC%EC%9A%B4%EC%98%81_%EB%A9%94%EC%BB%A4%EB%8B%88%EC%A6%98\" >4-8. \uc9d1\ud589\u00b7\uad00\ub9ac(\uc6b4\uc601 \uba54\ucee4\ub2c8\uc998)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-46\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#4-9_%EB%A6%AC%EC%8A%A4%ED%81%AC_%EB%8C%80%EC%9D%91%EC%B1%85\" >4-9. \ub9ac\uc2a4\ud06c &#038; \ub300\uc751\ucc45<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-47\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#4-10_%EA%B0%84%EB%8B%A8_%EA%B3%84%EC%82%B0_%EC%98%88%EC%8B%9C\" >4-10. \uac04\ub2e8 \uacc4\uc0b0 \uc608\uc2dc<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-48\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#4-11_%EB%B8%8C%EB%A6%AC%EC%A7%80%EA%B1%B4%EC%B6%95%EC%9E%90%EA%B8%88_%EB%8C%80%EC%B6%9C%EA%B3%BC%EC%9D%98_%EC%B0%A8%EC%9D%B4\" >4-11. \ube0c\ub9ac\uc9c0\/\uac74\ucd95\uc790\uae08 \ub300\ucd9c\uacfc\uc758 \ucc28\uc774<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-49\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#5_%EC%A3%BC%ED%83%9D%EB%8F%84%EC%8B%9C%EA%B8%B0%EA%B8%88_%EB%8C%80%EC%B6%9C_%EC%84%9C%EB%AF%BC%EC%A4%91%EC%86%8C%EC%82%AC%EC%97%85%EC%9E%90_%EB%8C%80%EC%83%81\" >5. \uc8fc\ud0dd\ub3c4\uc2dc\uae30\uae08 \ub300\ucd9c (\uc11c\ubbfc\/\uc911\uc18c\uc0ac\uc5c5\uc790 \ub300\uc0c1)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-50\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#5-1_%EA%B0%9C%EC%9D%B8%EC%84%9C%EB%AF%BC%C2%B7%EC%B2%AD%EB%85%84%C2%B7%EC%8B%A0%ED%98%BC_%EB%8C%80%EC%83%81\" >5-1. \uac1c\uc778(\uc11c\ubbfc\u00b7\uccad\ub144\u00b7\uc2e0\ud63c) \ub300\uc0c1<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-51\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#A_%EB%B2%84%ED%8C%80%EB%AA%A9_%EC%A0%84%EC%84%B8%EC%9E%90%EA%B8%88%EB%8C%80%EC%B6%9C\" >A. \ubc84\ud300\ubaa9 \uc804\uc138\uc790\uae08\ub300\ucd9c<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-52\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#B_%EB%94%94%EB%94%A4%EB%8F%8C%EC%A3%BC%ED%83%9D%EA%B5%AC%EC%9E%85_%EB%8C%80%EC%B6%9C\" >B. \ub514\ub524\ub3cc(\uc8fc\ud0dd\uad6c\uc785) \ub300\ucd9c<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-53\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#C_%EC%B2%AD%EB%85%84_%EC%A0%84%EC%9B%94%EC%84%B8_%EB%B3%B4%EC%A6%9D%EA%B8%88_%EB%8C%80%EC%B6%9C%EC%B2%AD%EB%85%84_%EC%A0%84%EC%9A%A9\" >C. \uccad\ub144 \uc804\uc6d4\uc138 \ubcf4\uc99d\uae08 \ub300\ucd9c(\uccad\ub144 \uc804\uc6a9)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-54\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#D_%EC%8B%A0%ED%98%BC%EB%B6%80%EB%B6%80%EA%B5%AC%EC%9E%85%EC%A0%84%EC%84%B8_%ED%8A%B9%ED%99%94\" >D. \uc2e0\ud63c\ubd80\ubd80(\uad6c\uc785\/\uc804\uc138) \ud2b9\ud654<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-55\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#5-2_%EC%A4%91%EC%86%8C%EA%B1%B4%EC%84%A4%C2%B7%EC%9E%84%EB%8C%80_%EC%82%AC%EC%97%85%EC%9E%90_%EB%8C%80%EC%83%81\" >5-2. \uc911\uc18c(\uac74\uc124\u00b7\uc784\ub300) \uc0ac\uc5c5\uc790 \ub300\uc0c1<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-56\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#A_%EC%9E%84%EB%8C%80%EC%A3%BC%ED%83%9D_%EA%B1%B4%EC%84%A4_%EC%9E%90%EA%B8%88%EA%B3%B5%EA%B3%B5%EC%A7%80%EC%9B%90%C2%B7%EC%9E%A5%EA%B8%B0%EC%9D%BC%EB%B0%98_%EB%AF%BC%EA%B0%84%EC%9E%84%EB%8C%80_%EB%93%B1\" >A. \uc784\ub300\uc8fc\ud0dd \uac74\uc124 \uc790\uae08(\uacf5\uacf5\uc9c0\uc6d0\u00b7\uc7a5\uae30\uc77c\ubc18 \ubbfc\uac04\uc784\ub300 \ub4f1)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-57\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#B_%EC%86%8C%EA%B7%9C%EB%AA%A8%EC%A3%BC%ED%83%9D%EC%A0%95%EB%B9%84%EC%82%AC%EC%97%85_%EC%9C%B5%EC%9E%90%EA%B0%80%EB%A1%9C%C2%B7%EC%9E%90%EC%9C%A8%C2%B7%EC%86%8C%EA%B7%9C%EB%AA%A8%EC%9E%AC%EA%B1%B4%EC%B6%95\" >B. \uc18c\uaddc\ubaa8\uc8fc\ud0dd\uc815\ube44\uc0ac\uc5c5 \uc735\uc790(\uac00\ub85c\u00b7\uc790\uc728\u00b7\uc18c\uaddc\ubaa8\uc7ac\uac74\ucd95)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-58\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#C_%EB%A7%A4%EC%9E%85%C2%B7%EB%A6%AC%EB%AA%A8%EB%8D%B8%EB%A7%81_%EC%9E%84%EB%8C%80_%EB%B0%8F_%EB%8F%84%EC%8B%9C%EC%9E%AC%EC%83%9D_%EA%B4%80%EB%A0%A8_%EC%9C%B5%EC%9E%90\" >C. \ub9e4\uc785\u00b7\ub9ac\ubaa8\ub378\ub9c1 \uc784\ub300 \ubc0f \ub3c4\uc2dc\uc7ac\uc0dd \uad00\ub828 \uc735\uc790<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-59\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#D_%EC%BC%80%EC%9D%B4%EC%8A%A4%EB%B3%84_%EA%B8%B0%EA%B8%88_%EB%A6%AC%EC%B8%A0%EC%B6%9C%EC%9E%90%C2%B7%EB%B3%B4%EC%A6%9D_%EC%97%B0%EA%B3%84\" >D. (\ucf00\uc774\uc2a4\ubcc4) \uae30\uae08 \ub9ac\uce20\/\ucd9c\uc790\u00b7\ubcf4\uc99d \uc5f0\uacc4<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-60\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#5-3_%EC%8B%A0%EC%B2%AD_%EC%A0%88%EC%B0%A8%EA%B0%9C%EC%9D%B8%EC%82%AC%EC%97%85%EC%9E%90_%EA%B3%B5%ED%86%B5_%ED%9D%90%EB%A6%84\" >5-3. \uc2e0\uccad \uc808\ucc28(\uac1c\uc778\/\uc0ac\uc5c5\uc790 \uacf5\ud1b5 \ud750\ub984)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-61\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#5-4_%EC%9C%A0%EC%9D%98%EC%82%AC%ED%95%AD_%ED%8C%81\" >5-4. \uc720\uc758\uc0ac\ud56d &#038; \ud301<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-62\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#6_%EC%82%AC%EC%97%85%EC%9E%90_%EB%8C%80%EC%B6%9C\" >6. \uc0ac\uc5c5\uc790 \ub300\ucd9c<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-63\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#6-1_%ED%95%B5%EC%8B%AC_%EA%B0%9C%EB%85%90%EA%B3%BC_%EB%B6%84%EB%A5%98\" >6-1. \ud575\uc2ec \uac1c\ub150\uacfc \ubd84\ub958<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-64\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#6-2_%EB%8B%B4%EB%B3%B4%EB%B3%B4%EC%A6%9D_%EC%9C%A0%ED%98%95\" >6-2. \ub2f4\ubcf4\/\ubcf4\uc99d \uc720\ud615<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-65\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#6-3_%ED%95%9C%EB%8F%84_%EC%82%B0%EC%A0%95_%EB%A1%9C%EC%A7%81%EC%8B%A4%EB%AC%B4_%EA%B0%90%EA%B0%81\" >6-3. \ud55c\ub3c4 \uc0b0\uc815 \ub85c\uc9c1(\uc2e4\ubb34 \uac10\uac01)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-66\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#6-4_%EA%B8%88%EB%A6%AC%C2%B7%EB%B9%84%EC%9A%A9_%EA%B5%AC%EC%A1%B0\" >6-4. \uae08\ub9ac\u00b7\ube44\uc6a9 \uad6c\uc870<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-67\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#6-5_%EA%B8%88%EC%9C%B5%EA%B6%8C%EC%9D%B4_%EB%B3%B4%EB%8A%94_%EC%8B%AC%EC%82%AC_%ED%8F%AC%EC%9D%B8%ED%8A%B8\" >6-5. \uae08\uc735\uad8c\uc774 \ubcf4\ub294 \uc2ec\uc0ac \ud3ec\uc778\ud2b8<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-68\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#6-6_%ED%95%84%EC%9A%94%EC%84%9C%EB%A5%98_%EC%B2%B4%ED%81%AC%EB%A6%AC%EC%8A%A4%ED%8A%B8\" >6-6. \ud544\uc694\uc11c\ub958 \uccb4\ud06c\ub9ac\uc2a4\ud2b8<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-69\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#6-7_%EC%A0%88%EC%B0%A8%C2%B7%ED%83%80%EC%9E%84%EB%9D%BC%EC%9D%B8%ED%91%9C%EC%A4%80\" >6-7. \uc808\ucc28\u00b7\ud0c0\uc784\ub77c\uc778(\ud45c\uc900)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-70\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#6-8_%EC%BC%80%EC%9D%B4%EC%8A%A4%EB%B3%84_%EB%A7%9E%EC%B6%A4_%EC%A1%B0%ED%95%A9\" >6-8. \ucf00\uc774\uc2a4\ubcc4 \ub9de\ucda4 \uc870\ud569<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-71\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#6-9_%EC%8A%B9%EC%9D%B8%EB%A5%A0_%EB%86%92%EC%9D%B4%EB%8A%94_%EC%8B%A4%EB%AC%B4_%ED%8C%81\" >6-9. \uc2b9\uc778\ub960 \ub192\uc774\ub294 \uc2e4\ubb34 \ud301<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-72\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#6-10_%ED%9D%94%ED%95%9C_%EB%A6%AC%EC%8A%A4%ED%81%AC%EA%B1%B0%EC%A0%88_%EC%82%AC%EC%9C%A0\" >6-10. \ud754\ud55c \ub9ac\uc2a4\ud06c\/\uac70\uc808 \uc0ac\uc720<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-73\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#6-11_%EC%83%81%ED%92%88_%EC%98%88%EC%8B%9C%EC%9C%A0%ED%98%95%EB%B3%84\" >6-11. \uc0c1\ud488 \uc608\uc2dc(\uc720\ud615\ubcc4)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-74\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#7_%EC%99%84%EA%B3%B5_%ED%9B%84_%EB%8C%80%ED%99%98%EB%AA%A8%EA%B8%B0%EC%A7%80_%EB%8C%80%EC%B6%9C\" >7. \uc644\uacf5 \ud6c4 \ub300\ud658(\ubaa8\uae30\uc9c0) \ub300\ucd9c<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-75\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#7-1_%EA%B0%9C%EB%85%90\" >7-1. \uac1c\ub150<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-76\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#7-2_%EC%A0%81%EC%9A%A9_%EC%82%AC%EB%A1%80\" >7-2. \uc801\uc6a9 \uc0ac\ub840<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-77\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#7-3_%EB%8C%80%EC%B6%9C_%EA%B5%AC%EC%A1%B0\" >7-3. \ub300\ucd9c \uad6c\uc870<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-78\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#7-4_%ED%95%9C%EB%8F%84_%EC%82%B0%EC%A0%95\" >7-4. \ud55c\ub3c4 \uc0b0\uc815<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-79\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#7-5_%EA%B8%88%EB%A6%AC%C2%B7%EB%B9%84%EC%9A%A9\" >7-5. \uae08\ub9ac\u00b7\ube44\uc6a9<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-80\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#7-6_%EC%8B%AC%EC%82%AC_%ED%8F%AC%EC%9D%B8%ED%8A%B8\" >7-6. \uc2ec\uc0ac \ud3ec\uc778\ud2b8<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-81\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#7-7_%ED%95%84%EC%9A%94%EC%84%9C%EB%A5%98\" >7-7. \ud544\uc694\uc11c\ub958<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-82\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#7-8_%EC%A0%88%EC%B0%A8%ED%91%9C%EC%A4%80_%ED%94%8C%EB%A1%9C%EC%9A%B0\" >7-8. \uc808\ucc28(\ud45c\uc900 \ud50c\ub85c\uc6b0)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-83\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#7-9_%EC%9E%A5%EC%A0%90%C2%B7%EB%8B%A8%EC%A0%90\" >7-9. \uc7a5\uc810\u00b7\ub2e8\uc810<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-84\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#7-10_%EC%8B%A4%EB%AC%B4_%ED%8C%81\" >7-10. \uc2e4\ubb34 \ud301<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-85\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#7-11_%EA%B0%84%EB%8B%A8_%EA%B3%84%EC%82%B0_%EC%98%88%EC%8B%9C\" >7-11. \uac04\ub2e8 \uacc4\uc0b0 \uc608\uc2dc<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-86\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#%F0%9F%93%91_%ED%95%84%EC%9A%94_%EC%84%9C%EB%A5%98_%EC%A1%B0%EA%B1%B4\" >\ud83d\udcd1 \ud544\uc694 \uc11c\ub958 &#038; \uc870\uac74<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-87\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#%E2%9A%96%EF%B8%8F_%EB%8C%80%EC%B6%9C_%EC%A0%88%EC%B0%A8_%EC%9D%BC%EB%B0%98%EC%A0%81_%ED%9D%90%EB%A6%84\" >\u2696\ufe0f \ub300\ucd9c \uc808\ucc28 (\uc77c\ubc18\uc801 \ud750\ub984)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-88\" href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/#%E2%9C%85_%EC%A3%BC%EC%9D%98%ED%95%A0_%EC%A0%90\" >\u2705 \uc8fc\uc758\ud560 \uc810<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%F0%9F%8F%97%EF%B8%8F_%EC%8B%A0%EC%B6%95_%EA%B3%B5%EC%82%AC_%EB%8C%80%EC%B6%9C_%EC%A2%85%EB%A5%98\"><\/span>\ud83c\udfd7\ufe0f \uc2e0\ucd95 \uacf5\uc0ac \ub300\ucd9c \uc885\ub958<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_%ED%86%A0%EC%A7%80%EB%8B%B4%EB%B3%B4%EB%8C%80%EC%B6%9C\"><\/span>1. <strong>\ud1a0\uc9c0\ub2f4\ubcf4\ub300\ucd9c<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\uac74\ubb3c\uc744 \uc9d3\uae30 \uc804\uc5d0 \uc774\ubbf8 \uc18c\uc720\ud558\uace0 \uc788\ub294 \ud1a0\uc9c0\ub97c \ub2f4\ubcf4\ub85c \ub300\ucd9c.<\/li>\n\n\n\n<li><strong>\ub300\ucd9c \uac00\ub2a5 \uc2dc\uc810<\/strong>: \ud1a0\uc9c0 \ub9e4\uc785 \uc644\ub8cc \ud6c4.<\/li>\n\n\n\n<li><strong>\ub300\ucd9c \ud55c\ub3c4<\/strong>: \uac10\uc815\uac00\uc758 60~80% \uc218\uc900.<\/li>\n\n\n\n<li><strong>Hebelwirkung<\/strong>: \ucd08\uae30 \uc124\uacc4\ube44, \uc778\ud5c8\uac00\ube44, \ucc29\uacf5 \uc804 \uacc4\uc57d\uae08 \ub4f1.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1-1_%EA%B0%9C%EB%85%90\"><\/span>1-1. \uac1c\ub150<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\ud1a0\uc9c0\ub2f4\ubcf4\ub300\ucd9c<\/strong>\uc740 \uac74\ubb3c\uc744 \uc9d3\uae30 \uc804 <strong>\uc774\ubbf8 \uc18c\uc720\ud558\uace0 \uc788\ub294 \ud1a0\uc9c0\ub97c \ub2f4\ubcf4\ub85c \uc81c\uacf5<\/strong>\ud558\uace0 \uae08\uc735\uae30\uad00\uc5d0\uc11c \uc790\uae08\uc744 \ube4c\ub9ac\ub294 \ubc29\uc2dd\uc758 \ub300\ucd9c\uc774\uc5d0\uc694.<\/li>\n\n\n\n<li>\uc8fc\ud0dd\uc774\ub098 \uac74\ubb3c \uc790\uccb4\uac00 \uc544\uc9c1 \uc5c6\ub294 \uc0c1\ud0dc\uc5d0\uc11c <strong>\ud1a0\uc9c0\uc758 \uac00\uce58\ub97c \ud3c9\uac00(\uac10\uc815\ud3c9\uac00)<\/strong> \ud558\uc5ec, \uadf8 \uac00\uce58\uc758 \uc77c\uc815 \ube44\uc728\ub9cc\ud07c \ub300\ucd9c\uc744 \ubc1b\uc744 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1-2_%EB%8C%80%EC%B6%9C_%EA%B0%80%EB%8A%A5_%EC%8B%9C%EC%A0%90\"><\/span>1-2. \ub300\ucd9c \uac00\ub2a5 \uc2dc\uc810<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\ud1a0\uc9c0 \ub9e4\uc785\uc774 \uc644\ub8cc\ub41c \uc774\ud6c4<\/strong>\uc5d0 \uac00\ub2a5<\/li>\n\n\n\n<li>\uc989, \ud1a0\uc9c0\ub97c \ubcf8\uc778 \uba85\uc758\ub85c \uc18c\uc720\ud558\uace0 \uc788\uc5b4\uc57c \ub2f4\ubcf4\ub85c \uc81c\uacf5\ud560 \uc218 \uc788\uc74c<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1-3_%EB%8C%80%EC%B6%9C_%ED%95%9C%EB%8F%84\"><\/span>1-3. \ub300\ucd9c \ud55c\ub3c4<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\uac10\uc815\uac00\uc561\uc758 \uc57d <strong>60~80% \uc218\uc900<\/strong><\/li>\n\n\n\n<li>\uc740\ud589\u00b7\uae08\uc735\uc0ac\ub9c8\ub2e4, \uc2e0\uc6a9\ub3c4 \ubc0f \ud1a0\uc9c0 \uc6a9\ub3c4(\uc8fc\uac70\uc6a9, \uc0c1\uc5c5\uc6a9, \uacf5\uc5c5\uc6a9)\uc5d0 \ub530\ub77c \ub2e4\ub984<\/li>\n\n\n\n<li>\ub18d\uc9c0, \uc784\uc57c, \uc7a1\uc885\uc9c0\ub294 \ub2f4\ubcf4\uac00\uce58\uac00 \ub0ae\uc544 \ud55c\ub3c4\uac00 \uc904\uc5b4\ub4e6<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1-4_%ED%99%9C%EC%9A%A9_%EC%9A%A9%EB%8F%84\"><\/span>1-4. \ud65c\uc6a9 \uc6a9\ub3c4<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\uac74\ucd95 \ucd08\uae30 \ube44\uc6a9(\uc124\uacc4\ube44, \uc778\ud5c8\uac00\ube44, \ucc29\uacf5 \uc900\ube44\uae08)<\/li>\n\n\n\n<li>\ud1a0\uc9c0\uc138, \uac01\uc885 \uc138\uae08 \ub0a9\ubd80<\/li>\n\n\n\n<li>\uae30\ud0c0 \uc2e0\ucd95\uacf5\uc0ac \ucc29\uc218 \uc804 \ud544\uc694\ud55c \uc790\uae08 \ub9c8\ub828<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1-5_%EB%8C%80%EC%B6%9C_%EC%A1%B0%EA%B1%B4_%EB%B0%8F_%EC%8B%AC%EC%82%AC_%EC%9A%94%EC%86%8C\"><\/span>1-5. \ub300\ucd9c \uc870\uac74 \ubc0f \uc2ec\uc0ac \uc694\uc18c<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>\ud1a0\uc9c0 \uc18c\uc720\uad8c \ud655\uc778<\/strong>\n<ul class=\"wp-block-list\">\n<li>\ub4f1\uae30\ubd80\ub4f1\ubcf8 \uc0c1 \ubb38\uc81c(\uac00\uc555\ub958, \uadfc\uc800\ub2f9\uad8c \ub4f1)\uac00 \uc5c6\uc5b4\uc57c \ud568<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>\ud1a0\uc9c0\uc758 \uc6a9\ub3c4\u00b7\uc704\uce58\u00b7\uac1c\ubc1c \uac00\ub2a5\uc131<\/strong>\n<ul class=\"wp-block-list\">\n<li>\ub3c4\ub85c\uc640 \uc811\ud55c \ub545\uc778\uc9c0, \uac74\ucd95 \ud5c8\uac00\uac00 \uac00\ub2a5\ud55c\uc9c0 \uc911\uc694<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>\uac1c\uc778 \uc2e0\uc6a9\ub3c4<\/strong>\n<ul class=\"wp-block-list\">\n<li>\uc18c\ub4dd, \uc2e0\uc6a9\ub4f1\uae09, \uae30\uc874 \ucc44\ubb34 \uc5ec\ubd80\uc5d0 \ub530\ub77c \uae08\ub9ac \ucc28\ub4f1 \uc801\uc6a9<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>\ub2f4\ubcf4 \uac00\uce58 \ud3c9\uac00<\/strong>\n<ul class=\"wp-block-list\">\n<li>\uac10\uc815\ud3c9\uac00\uc0ac\uac00 \uc0b0\uc815\ud55c \uac00\uaca9\uc744 \uae30\uc900\uc73c\ub85c \ub300\ucd9c \uac00\ub2a5\uc561 \uc0b0\uc815<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1-6_%EA%B8%88%EB%A6%AC\"><\/span>1-6. \uae08\ub9ac<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\uc77c\ubc18\uc801\uc73c\ub85c <strong>\uc8fc\ud0dd\ub2f4\ubcf4\ub300\ucd9c\ubcf4\ub2e4 \ub2e4\uc18c \ub192\uc740 \ud3b8<\/strong> (\ub9ac\uc2a4\ud06c\uac00 \ud06c\ub2e4\uace0 \ubcf4\uae30 \ub54c\ubb38)<\/li>\n\n\n\n<li>\uace0\uc815\uae08\ub9ac\/\ubcc0\ub3d9\uae08\ub9ac \uc120\ud0dd \uac00\ub2a5<\/li>\n\n\n\n<li>\uac74\ucd95 \uc9c4\ud589 \uc0c1\ud669\uc5d0 \ub530\ub77c \ud5a5\ud6c4 <strong>\uac74\ucd95\uc790\uae08\ub300\ucd9c<\/strong>\ub85c \uc804\ud658\ub418\uae30\ub3c4 \ud568<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1-7_%EC%83%81%ED%99%98_%EB%B0%A9%EC%8B%9D\"><\/span>1-7. \uc0c1\ud658 \ubc29\uc2dd<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\uc6d0\ub9ac\uae08 \uade0\ub4f1\ubd84\ud560\uc0c1\ud658, \uc6d0\uae08\uade0\ub4f1\ubd84\ud560\uc0c1\ud658, \ub9cc\uae30\uc77c\uc2dc\uc0c1\ud658 \ub4f1 \ub2e4\uc591<\/li>\n\n\n\n<li>\uac74\ucd95\uc774 \uc644\ub8cc\ub418\uba74 <strong>\uc8fc\ud0dd\ub2f4\ubcf4\ub300\ucd9c<\/strong>\ub85c \uac08\uc544\ud0c0\ub294(\ub300\ud658) \uacbd\uc6b0\ub3c4 \ub9ce\uc74c<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1-8_%EC%9E%A5%EB%8B%A8%EC%A0%90\"><\/span>1-8. \uc7a5\ub2e8\uc810<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\u2705 <strong>\uc7a5\uc810<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\ud1a0\uc9c0\ub97c \ub2f4\ubcf4\ub85c \ube60\ub978 \uc790\uae08 \ud655\ubcf4 \uac00\ub2a5<\/li>\n\n\n\n<li>\uac74\ucd95 \ucd08\uae30 \ube44\uc6a9 \ub9c8\ub828\uc5d0 \uc720\uc6a9<\/li>\n\n\n\n<li>\uc2e0\ucd95 \uc9c4\ud589\uc5d0 \ub9de\ucdb0 \ucd94\uac00 \ub300\ucd9c(\uac74\ucd95\uc790\uae08\ub300\ucd9c)\ub85c \uc5f0\uacc4 \uac00\ub2a5<\/li>\n<\/ul>\n\n\n\n<p>\u274c <strong>\ub2e8\uc810<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\ud1a0\uc9c0 \uac00\uce58\uac00 \ub0ae\uc73c\uba74 \uc6d0\ud558\ub294 \ub9cc\ud07c \ub300\ucd9c \ubd88\uac00<\/li>\n\n\n\n<li>\uae08\ub9ac\uac00 \ub2e4\uc18c \ub192\uc74c<\/li>\n\n\n\n<li>\uac74\ucd95\uc774 \uc9c0\uc5f0\ub418\uac70\ub098 \ud5c8\uac00\uac00 \ub098\uc624\uc9c0 \uc54a\uc73c\uba74 \uc0c1\ud658 \ubd80\ub2f4\ub9cc \ucee4\uc9c8 \uc218 \uc788\uc74c<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_%EA%B1%B4%EC%B6%95%EC%9E%90%EA%B8%88%EC%A4%91%EB%8F%84%EA%B8%88_%EB%8C%80%EC%B6%9C\"><\/span>2. <strong>\uac74\ucd95\uc790\uae08(\uc911\ub3c4\uae08) \ub300\ucd9c<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\uac74\ucd95 \uacf5\uc815\uc5d0 \ub9de\ucdb0 <strong>\uc911\ub3c4\uae08 \uc9c0\uae09<\/strong>\uc744 \uc704\ud574 \uc2e4\ud589\ub418\ub294 \ub300\ucd9c.<\/li>\n\n\n\n<li><strong>\ub300\ucd9c \ubc29\uc2dd<\/strong>: \ubd84\ud560 \uc2e4\ud589(\uc608: \uace8\uc870 \u2192 \uc9c0\ubd95 \u2192 \uc678\uc7a5 \u2192 \ub0b4\uc7a5 \ub4f1 \ub2e8\uacc4\ubcc4).<\/li>\n\n\n\n<li><strong>\ub300\ucd9c \uc8fc\uccb4<\/strong>: \uc2dc\uacf5\uc0ac\uc640 \ud611\uc57d\ub41c \uae08\uc735\uae30\uad00\uc5d0\uc11c \uc5f0\uacb0\ub418\ub294 \uacbd\uc6b0 \ub9ce\uc74c.<\/li>\n\n\n\n<li><strong>\uc0c1\ud658 \ubc29\ubc95<\/strong>: \uc900\uacf5 \ud6c4 \uc8fc\ud0dd\ub2f4\ubcf4\ub300\ucd9c \ub610\ub294 \uc0ac\uc5c5\uc790\ub300\ucd9c\ub85c \uac08\uc544\ud0c0\uae30(\ub300\ud658).<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2-1_%EA%B0%9C%EB%85%90\"><\/span>2-1. \uac1c\ub150<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\uac74\ucd95\uc790\uae08\ub300\ucd9c(=\uc911\ub3c4\uae08 \ub300\ucd9c)<\/strong> \uc740 \uc2e0\ucd95 \uacf5\uc815\uc5d0 \ub9de\ucdb0 <strong>\uacf5\uc0ac\ube44\ub97c \ub2e8\uacc4\ubcc4\ub85c \ub098\ub220 \uc9d1\ud589<\/strong>\ubc1b\ub294 \ub300\ucd9c\uc785\ub2c8\ub2e4.<\/li>\n\n\n\n<li>\ub2f4\ubcf4\ub294 \ubcf4\ud1b5 <strong>\ud1a0\uc9c0(\ud544\uc218) + \uacf5\uc0ac \uc9c4\ud589\ubd84(\ucd94\uac00)<\/strong> \uc774\uace0, \uacf5\uc815\ub960 \ud655\uc778 \ud6c4 \ub2e4\uc74c \ud68c\ucc28\uac00 \uc9c0\uae09\ub429\ub2c8\ub2e4.<\/li>\n\n\n\n<li>\uc2e0\ucd95 \ud504\ub85c\uc81d\ud2b8\uc758 <strong>\ud604\uae08\ud750\ub984(\uce90\uc2dc\ud50c\ub85c\uc6b0) \uad00\ub9ac<\/strong>\uac00 \ud575\uc2ec \ubaa9\uc801\uc785\ub2c8\ub2e4.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2-2_%EB%8C%80%EC%83%81%EC%A0%81%EC%9A%A9_%EC%82%AC%EB%A1%80\"><\/span>2-2. \ub300\uc0c1\/\uc801\uc6a9 \uc0ac\ub840<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\ub2e8\ub3c5\u00b7\ub2e4\uac00\uad6c\u00b7\uc0c1\uac00\uc8fc\ud0dd \ub4f1 <strong>\uac1c\uc778 \uc2e0\ucd95<\/strong><\/li>\n\n\n\n<li>\uc18c\uaddc\ubaa8 <strong>\uadfc\ub9b0\uc0dd\ud65c\uc2dc\uc124\u00b7\uc624\ud53c\uc2a4\ud154<\/strong> \ub4f1 <strong>\uc18c\uaddc\ubaa8 \uac1c\ubc1c<\/strong><\/li>\n\n\n\n<li>\ubd84\uc591\uc544\ud30c\ud2b8\uc758 <strong>\uc911\ub3c4\uae08 \ub300\ucd9c<\/strong>(\uc608: 10~20% \uccad\uc57d \uacc4\uc57d\uae08 + \uc911\ub3c4\uae08 60% \ubd84\ud560 + \uc794\uae08 20%)\ub3c4 \ubc94\uc8fc\uc0c1 \uc720\uc0ac\ud558\uc9c0\ub9cc, <strong>\uac1c\ubcc4 \uc2e0\ucd95<\/strong>\uacfc \uc2ec\uc0ac\/\ubcf4\uc99d \uccb4\uacc4\uac00 \ub2e4\ub97c \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2-3_%EC%A7%91%ED%96%89_%EA%B5%AC%EC%A1%B0%EB%8C%80%ED%91%9C_%EC%9C%A0%ED%98%95\"><\/span>2-3. \uc9d1\ud589 \uad6c\uc870(\ub300\ud45c \uc720\ud615)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>\ubd84\ud560\uc9d1\ud589\ud615(\uacf5\uc815\uc5f0\ub3d9)<\/strong>\n<ul class=\"wp-block-list\">\n<li>\uae30\ucd08\u00b7\uace8\uc870\u00b7\ub9c8\uac10 \ub4f1 <strong>\ub9c8\uc77c\uc2a4\ud1a4 \ub2ec\uc131 \uc2dc \ud68c\ucc28\ubcc4\ub85c \uc9c0\uae09<\/strong><\/li>\n\n\n\n<li>\ub300\ubd80\ubd84\uc758 \uac1c\uc778 \uc2e0\ucd95\uc5d0\uc11c \uc4f0\ub294 \ud45c\uc900\ud615<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>\ud55c\ub3c4\ud615(\ub9c8\uc774\ub108\uc2a4\ud1b5\uc7a5\ud615)<\/strong>\n<ul class=\"wp-block-list\">\n<li>\uc2b9\uc778 \ud55c\ub3c4 \ub0b4\uc5d0\uc11c <strong>\uc218\uc2dc \uc778\ucd9c\/\uc0c1\ud658<\/strong><\/li>\n\n\n\n<li>\ud604\uc7a5\uad00\ub9ac\u00b7\uc99d\ube59 \uc694\uad6c\ub294 \ub3d9\uc77c, \uae08\ub9ac\/\uc218\uc218\ub8cc \uccb4\uacc4\uac00 \uc870\uae08 \ub2e4\ub984<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>\uc138\ud2b8\ud615(\ud1a0\uc9c0+\uac74\ucd95 \uc5f0\uacc4)<\/strong>\n<ul class=\"wp-block-list\">\n<li><strong>\ud1a0\uc9c0\ub2f4\ubcf4\ub300\ucd9c \u2192 \uac74\ucd95\uc790\uae08\ub300\ucd9c \u2192 \uc900\uacf5\/\uc794\uae08\ub300\ucd9c<\/strong> \uae4c\uc9c0 <strong>\uc5f0\uc18d \uc124\uacc4<\/strong><\/li>\n\n\n\n<li>\uae08\uc735\uae30\uad00 \ud55c \uacf3\uc5d0\uc11c \ud328\ud0a4\uc9c0\ub85c \uc9c4\ud589\ud558\uba74 \uc808\ucc28\u00b7\ube44\uc6a9 \uad00\ub9ac\uac00 \uc218\uc6d4<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2-4_%ED%95%9C%EB%8F%84_%EC%82%B0%EC%A0%95_%EC%8B%A4%EB%AC%B4_%EA%B0%90%EA%B0%81%EC%B9%98\"><\/span>2-4. \ud55c\ub3c4 \uc0b0\uc815 (\uc2e4\ubb34 \uac10\uac01\uce58)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\uc77c\ubc18\uc801\uc73c\ub85c <strong>\ub2f4\ubcf4\uc778\uc815\uac00\uce58(LTV) 60~80%<\/strong> \ubc94\uc704, \ud639\uc740 <strong>\ucd1d\uc0ac\uc5c5\ube44\uc758 60~70%<\/strong> \uc218\uc900\uc5d0\uc11c \uacb0\uc815(\uae30\uad00\u00b7\ubb3c\uac74\uc5d0 \ub530\ub77c \ub2e4\ub984).<\/li>\n\n\n\n<li>\ubcf4\uc218\uc801\uc73c\ub85c\ub294 <strong>\uc544\ub798 \uac12 \uc911 \uc791\uc740 \ucabd<\/strong>\uc744 \uc801\uc6a9\ud569\ub2c8\ub2e4:\n<ul class=\"wp-block-list\">\n<li><code>\ub2f4\ubcf4\uac00\uce58(\ud1a0\uc9c0 \uac10\uc815\uac00 + \uc9c4\ud589\uacf5\uc0ac\ube44 \uac00\uce58) \u00d7 LTV<\/code><\/li>\n\n\n\n<li><code>\ucd1d\uc0ac\uc5c5\ube44(\ud1a0\uc9c0+\uacf5\uc0ac+\uc81c\uacbd\ube44) \u00d7 \uc778\uc815\ube44\uc728(60~70%)<\/code><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>\uc120\ud22c\uc785 \uc790\uae30\uc790\ubcf8<\/strong>\uc740 \ucc28\uac10\ud558\uace0, \uacf5\uc815\ub960\uc5d0 \ub530\ub77c <strong>\uc794\uc5ec \ud55c\ub3c4<\/strong>\ub97c \ub098\ub220 \uc9d1\ud589\ud569\ub2c8\ub2e4.<\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\ud301: **\uc608\ube44\ube44 10~15%**\ub97c \uc790\uae30\uc790\ubcf8\uc73c\ub85c \ubcc4\ub3c4 \ud655\ubcf4\ud558\uc138\uc694. \ubcc0\uacbd\u00b7\ubb3c\uac00\uc0c1\uc2b9\u00b7\uc9c0\uc5f0 \ub9ac\uc2a4\ud06c \ub300\uc751\uc5d0 \ud544\uc218\uc785\ub2c8\ub2e4.<\/p>\n<\/blockquote>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2-5_%EA%B8%88%EB%A6%AC%EB%B9%84%EC%9A%A9%EC%A0%84%ED%98%95%EC%A0%81_%EA%B5%AC%EC%84%B1\"><\/span>2-5. \uae08\ub9ac\/\ube44\uc6a9(\uc804\ud615\uc801 \uad6c\uc131)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Zinss\u00e4tze<\/strong>: \uc8fc\ub2f4\ub300\ubcf4\ub2e4 <strong>1\ub2e8\uacc4 \ub192\uc740 \ud3b8<\/strong>(\ud504\ub85c\uc81d\ud2b8 \ub9ac\uc2a4\ud06c \ubc18\uc601). \ub300\ubd80\ubd84 <strong>\ubcc0\ub3d9\uae08\ub9ac<\/strong>.<\/li>\n\n\n\n<li><strong>\ube44\uc6a9<\/strong>: \uac10\uc815\ud3c9\uac00\ube44, \uc778\uc9c0\uc138, \uadfc\uc800\ub2f9\uc124\uc815\ube44, \ucde8\uae09\uc218\uc218\ub8cc, (\ubcf4\uc99d\uae30\uad00 \uc774\uc6a9 \uc2dc) <strong>\ubcf4\uc99d\ub8cc<\/strong>.<\/li>\n\n\n\n<li><strong>\uac70\uce58\uae30\uac04<\/strong>: \uacf5\uc0ac\uae30\uac04 \ub3d9\uc548 <strong>\uc774\uc790\ub9cc \ub0a9\ubd80<\/strong>\ud558\ub294 \uad6c\uc870\uac00 \uc77c\ubc18\uc801.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2-6_%EC%83%81%ED%99%98_%EB%B0%A9%EC%8B%9D%EB%8C%80%ED%99%98_%EC%8B%9C%EB%82%98%EB%A6%AC%EC%98%A4\"><\/span>2-6. \uc0c1\ud658 \ubc29\uc2dd\/\ub300\ud658 \uc2dc\ub098\ub9ac\uc624<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\uacf5\uc0ac\uae30\uac04: <strong>\uc774\uc790\ub9cc \ub0a9\ubd80(\uac70\uce58)<\/strong><\/li>\n\n\n\n<li>\uc900\uacf5 \ud6c4:\n<ol class=\"wp-block-list\">\n<li><strong>\uc8fc\ud0dd\ub2f4\ubcf4\ub300\ucd9c(\uc794\uae08\ub300\ucd9c)\ub85c \ub300\ud658<\/strong> \u2192 \uc7a5\uae30 \ubd84\ud560\uc0c1\ud658<\/li>\n\n\n\n<li><strong>\ub9e4\uac01\ub300\uae08\uc73c\ub85c \uc0c1\ud658<\/strong>(\uac1c\ubc1c\ud615)<\/li>\n\n\n\n<li>\uc784\ub300\uc0ac\uc5c5\uc774\uba74 <strong>\ub2f4\ubcf4\ub300\ucd9c \uc804\ud658 + \uc784\ub300\uc218\uc775\uc73c\ub85c \uc0c1\ud658<\/strong><\/li>\n<\/ol>\n<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2-7_%EC%8B%AC%EC%82%AC_%ED%8F%AC%EC%9D%B8%ED%8A%B8%EA%B8%B0%EA%B4%80%EC%9D%B4_%EB%B3%B4%EB%8A%94_%ED%95%B5%EC%8B%AC\"><\/span>2-7. \uc2ec\uc0ac \ud3ec\uc778\ud2b8(\uae30\uad00\uc774 \ubcf4\ub294 \ud575\uc2ec)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>\ud1a0\uc9c0 \uad8c\ub9ac\uad00\uacc4<\/strong>: \ub4f1\uae30\ubd80 \uc0c1 \ud558\uc790(\uac00\uc555\ub958\u00b7\uc120\uc21c\uc704 \uad8c\ub9ac) \uc5ec\ubd80<\/li>\n\n\n\n<li><strong>\ud5c8\uac00\/\uc6a9\ub3c4<\/strong>: \uac74\ucd95\ud5c8\uac00 \uac00\ub2a5\uc131, \ub3c4\ub85c \uc811\ub3c4, \uc9c0\uad6c\ub2e8\uc704\/\uc6a9\ub3c4\uc9c0\uc5ed \uaddc\uc81c<\/li>\n\n\n\n<li><strong>\uc0ac\uc5c5\uc131<\/strong>: \uacf5\uc0ac\ube44 \uc801\uc815\uc131, <strong>\uacf5\uc815\ud45c\/\uc790\uae08\ud750\ub984\ud45c<\/strong>\uc758 \ud604\uc2e4\uc131<\/li>\n\n\n\n<li><strong>\uc2dc\uacf5\uc0ac \uc5ed\ub7c9<\/strong>: \ub3c4\uae09\uacc4\uc57d \uccb4\uacb0, \uc2e4\uc801\/\uc7ac\ubb34 \uac74\uc804\uc131, \ubcf4\uc99d\ub2a5\ub825<\/li>\n\n\n\n<li><strong>\ucc28\uc8fc \uc2e0\uc6a9\/\ud604\uae08\ud750\ub984<\/strong>: \uc18c\ub4dd, \uae30\uc874 \ubd80\ucc44, \uc138\uae08 \uccb4\ub0a9 \uc5ec\ubd80<\/li>\n<\/ol>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2-8_%ED%95%84%EC%9A%94%EC%84%9C%EB%A5%98_%EC%B2%B4%ED%81%AC%EB%A6%AC%EC%8A%A4%ED%8A%B8\"><\/span>2-8. \ud544\uc694\uc11c\ub958 \uccb4\ud06c\ub9ac\uc2a4\ud2b8<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\ud1a0\uc9c0 \ub4f1\uae30\ubd80\ub4f1\ubcf8\/\ud1a0\uc9c0\ub300\uc7a5\/\uc9c0\uc801\ub3c4<\/strong>, \uc704\uce58\ub3c4<\/li>\n\n\n\n<li><strong>\uac74\ucd95\ud5c8\uac00\uc11c<\/strong>, <strong>\uc124\uacc4\ub3c4\uc11c(\ud3c9\uba74\u00b7\ub2e8\uba74\u00b7\ub0b4\uc5ed\uc11c)<\/strong><\/li>\n\n\n\n<li><strong>\uacf5\uc0ac\ub3c4\uae09\uacc4\uc57d\uc11c<\/strong>, <strong>\uc138\ubd80 \uacac\uc801\uc11c<\/strong>, <strong>\uacf5\uc815\ud45c(\uc6d4\ubcc4)<\/strong><\/li>\n\n\n\n<li><strong>\uc0ac\uc5c5\u00b7\uc790\uae08\uc0ac\uc6a9 \uacc4\ud68d\uc11c<\/strong>, \uc790\uae08 \uc9d1\ud589 \uc99d\ube59(\uc138\uae08\uacc4\uc0b0\uc11c, \ud558\ub3c4\uae09 \ub0b4\uc5ed)<\/li>\n\n\n\n<li>\ucc28\uc8fc <strong>\uc2e0\ubd84\/\uc7ac\uc9c1\/\uc18c\ub4dd \uc99d\ube59<\/strong>, \uae30\uc874 \ucc44\ubb34 \ud604\ud669<\/li>\n\n\n\n<li>(\ud544\uc694 \uc2dc) <strong>\ubcf4\uc99d\uc11c<\/strong> \ub610\ub294 \uc2dc\uacf5\uc0ac <strong>\uc9c0\uae09\ubcf4\uc99d\uc11c\/\uacf5\uc81c\uc870\ud569 \uc99d\ube59<\/strong><\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2-9_%EC%A0%88%EC%B0%A8%ED%91%9C%EC%A4%80_%ED%83%80%EC%9E%84%EB%9D%BC%EC%9D%B8\"><\/span>2-9. \uc808\ucc28(\ud45c\uc900 \ud0c0\uc784\ub77c\uc778)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>\uc0ac\uc804\uc0c1\ub2f4<\/strong>(\ud55c\ub3c4\u00b7\uae08\ub9ac \uac00\ub2a0)<\/li>\n\n\n\n<li><strong>\uc11c\ub958 \uc811\uc218 \u2192 \uac10\uc815\ud3c9\uac00\/\uc2ec\uc0ac<\/strong><\/li>\n\n\n\n<li><strong>\uc57d\uc815\/\ub2f4\ubcf4\uc124\uc815(\uadfc\uc800\ub2f9)<\/strong><\/li>\n\n\n\n<li><strong>1\ucc28 \uc9d1\ud589(\uae30\ucd08\uc790\uae08)<\/strong><\/li>\n\n\n\n<li><strong>\ud604\uc7a5\uc810\uac80(\uac10\ub9ac\u00b7\uc601\uc218\uc99d\u00b7\uc138\uae08\uacc4\uc0b0\uc11c \ud655\uc778)<\/strong> \ud6c4 \ud68c\ucc28\ubcc4 <strong>\ucd94\uac00 \uc9d1\ud589<\/strong><\/li>\n\n\n\n<li><strong>\uc900\uacf5\uac80\uc0ac\/\ub4f1\uae30 \u2192 \ub300\ud658(\uc794\uae08\ub300\ucd9c) \ub610\ub294 \ubd84\ud560\uc0c1\ud658 \uc804\ud658<\/strong><\/li>\n<\/ol>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">2-10. \ub9ac\uc2a4\ud06c & \uc720\uc758\uc0ac\ud56d<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\uacf5\uc0ac\ube44 \uc99d\uac00\/\uc124\uacc4 \ubcc0\uacbd<\/strong> \u2192 \ud55c\ub3c4 \ub0b4 \ucd94\uac00\uc9d1\ud589 \ubd88\uac00 \uc2dc <strong>\ud604\uae08 \ud22c\uc785 \ud544\uc694<\/strong><\/li>\n\n\n\n<li><strong>\uacf5\uc815 \uc9c0\uc5f0<\/strong> \u2192 \uc774\uc790\ube44\uc6a9 \uc99d\uac00, \ud68c\ucc28 \uc9d1\ud589 \uc9c0\uc5f0<\/li>\n\n\n\n<li><strong>\ub2f4\ubcf4\uc21c\uc704<\/strong>: \uc120\uc21c\uc704 \uad8c\ub9ac \uc874\uc7ac \uc2dc \ud55c\ub3c4 \ucd95\uc18c \uac00\ub2a5<\/li>\n\n\n\n<li><strong>\uc99d\ube59 \uad00\ub9ac<\/strong>: \ud68c\ucc28 \uc9c0\uae09\ub9c8\ub2e4 <strong>\uc138\uae08\uacc4\uc0b0\uc11c\/\uacc4\uc57d\uc11c\/\uc0ac\uc9c4\u00b7\uac10\ub9ac\ubcf4\uace0<\/strong> \uc694\uad6c<\/li>\n\n\n\n<li><strong>\ubcf4\ud5d8\/\ubcf4\uc99d<\/strong>: \uc2dc\uacf5\uc0ac \ubd80\ub3c4 \ub9ac\uc2a4\ud06c\uc5d0 \ub300\ube44\ud574 <strong>\uc9c0\uae09\ubcf4\uc99d\u00b7\uacf5\uc0ac\uc190\ud574\ubcf4\ud5d8<\/strong> \uac80\ud1a0<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2-11_%EC%8B%A4%EB%AC%B4_%ED%8C%81\"><\/span>2-11. \uc2e4\ubb34 \ud301<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\ud1a0\uc9c0\ub2f4\ubcf4\ub300\ucd9c \u2192 \uac74\ucd95\uc790\uae08\ub300\ucd9c \u2192 \uc794\uae08\ub300\ucd9c<\/strong>\uc744 <strong>\ud558\ub098\uc758 \uae08\uc735\uc0ac<\/strong>\ub85c \ud328\ud0a4\uc9c0 \ud611\uc0c1\ud558\uba74 \ucd1d\ube44\uc6a9\u00b7\ud310\ub2e8 \uc18d\ub3c4\uac00 \uc88b\uc544\uc9d1\ub2c8\ub2e4.<\/li>\n\n\n\n<li>\ucd08\uae30\ubd80\ud130 <strong>\uc790\uae08\ud750\ub984\ud45c(\uc6d4\ubcc4 \uc778\u00b7\ucd9c\uae08)<\/strong> \ub97c \ub9cc\ub4e4\uc5b4 <strong>\ud68c\ucc28 \uc2dc\uc810\uacfc \uae08\uc561<\/strong>\uc744 \uba85\ud655\ud788 \ud569\uc758\ud558\uc138\uc694.<\/li>\n\n\n\n<li>\uacf5\uc815\ud45c \ubcc0\uacbd \uc2dc <strong>\uc989\uc2dc \uae08\uc735\uae30\uad00\uacfc \uc7ac\uc2b9\uc778<\/strong> \ud611\uc758(\ubb34\ub2e8 \ubcc0\uacbd\uc740 \uc9d1\ud589 \uc9c0\uc5f0\uc758 \uac00\uc7a5 \ud754\ud55c \uc6d0\uc778).<\/li>\n\n\n\n<li>\uc2dc\uacf5\uacc4\uc57d\uc740 <strong>\uace0\uc815\uac00(Lump-sum) + \ud56d\ubaa9\ubcc4 \ub0b4\uc5ed\uc11c<\/strong>\ub85c \ud22c\uba85\ud558\uac8c \uccb4\uacb0\ud558\uace0, <strong>\ubb3c\uac00\uc870\uc815 \uc870\uac74<\/strong>\ub3c4 \uba85\uc2dc\ud558\uc138\uc694.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_%EB%B8%8C%EB%A6%AC%EC%A7%80Bridge_%EB%8C%80%EC%B6%9C\"><\/span>3. <strong>\ube0c\ub9ac\uc9c0(Bridge) \ub300\ucd9c<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\ucc29\uacf5 \uc804 \uc778\ud5c8\uac00 \ubc0f PF \ub300\ucd9c \uc2e4\ud589 \uc804 \ud544\uc694\ud55c \uc790\uae08\uc744 \ub2e8\uae30\uc801\uc73c\ub85c \uc870\ub2ec.<\/li>\n\n\n\n<li><strong>Laufzeit des Darlehens<\/strong>: \ubcf4\ud1b5 6\uac1c\uc6d4~1\ub144 \ub2e8\uae30.<\/li>\n\n\n\n<li><strong>\ub300\ucd9c \uc8fc\uccb4<\/strong>: 2\uae08\uc735\uad8c(\uc800\ucd95\uc740\ud589, \uce90\ud53c\ud0c8\uc0ac) \uc911\uc2ec.<\/li>\n\n\n\n<li><strong>Eigenschaften<\/strong>: \uae08\ub9ac\uac00 \ub192\uc9c0\ub9cc \ud544\uc218\ub85c \ud65c\uc6a9\ub418\ub294 \uacbd\uc6b0\uac00 \ub9ce\uc74c.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3-1_%EA%B0%9C%EB%85%90\"><\/span>3-1. \uac1c\ub150<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\ube0c\ub9ac\uc9c0 \ub300\ucd9c<\/strong>\uc740 **\uc7a5\uae30\uc790\uae08(\uc0c1\ud658\uc6a9 \ub300\ucd9c, PF, \ub9e4\uac01\ub300\uae08)\uc774 \ud655\uc815\ub418\uae30 \uc804\uae4c\uc9c0\uc758 \u2018\ud2c8\uc0c8 \uae30\uac04\u2019**\uc744 \uba54\uc6b0\uae30 \uc704\ud574 \ubc1b\ub294 <strong>\ub2e8\uae30 \uc790\uae08<\/strong>\uc785\ub2c8\ub2e4.<\/li>\n\n\n\n<li>\ubaa9\uc801: <strong>\ud1a0\uc9c0\u00b7\uac74\ubb3c \ub9e4\uc785 \uc794\uae08<\/strong>, <strong>PF \ud074\ub85c\uc9d5\uae4c\uc9c0\uc758 \uc911\uac04\uc790\uae08<\/strong>, <strong>\uae30\uc874 \uc8fc\ud0dd \ubcf4\uc720 \uc0c1\ud0dc\uc5d0\uc11c \uc0c8 \uc9d1 \ub9e4\uc218<\/strong> \ub4f1 <strong>\uc2dc\uc810 \ubd88\uc77c\uce58(\uce90\uc2dc \uac2d)<\/strong> \ud574\uc18c.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3-2_%EC%96%B8%EC%A0%9C_%EC%93%B0%EB%82%98_%EB%8C%80%ED%91%9C_%EC%8B%9C%EB%82%98%EB%A6%AC%EC%98%A4\"><\/span>3-2. \uc5b8\uc81c \uc4f0\ub098 (\ub300\ud45c \uc2dc\ub098\ub9ac\uc624)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"A_%EA%B0%9C%EB%B0%9C%EC%8B%A0%EC%B6%95_%ED%94%84%EB%A1%9C%EC%A0%9D%ED%8A%B8\"><\/span>A. \uac1c\ubc1c\/\uc2e0\ucd95 \ud504\ub85c\uc81d\ud2b8<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\ud1a0\uc9c0 \ub9e4\uc785 \u2192 PF(\uac74\ucd95\uc790\uae08) \uc2e4\ud589 \uc804<\/strong> \ud1a0\uc9c0 \uc794\uae08\uc774 \ud544\uc694\ud55c \uacbd\uc6b0<\/li>\n\n\n\n<li><strong>\uc778\ud5c8\uac00\u00b7\uac10\uc815 \uc644\ub8cc \ub300\uae30 \uc911<\/strong>\uc778\ub370 \ub9e4\ub3c4\uc778 \uc794\uae08\uae30\ud55c\uc774 \ucd09\ubc15\ud55c \uacbd\uc6b0<\/li>\n\n\n\n<li><strong>\ucc29\uacf5 \uc804 \ucd08\uae30\ube44\uc6a9(\uc124\uacc4\u00b7\uc138\uae08\u00b7\uacc4\uc57d\uae08)<\/strong> \ub2e8\uae30 \ubcf4\ucda9<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"B_%EA%B0%9C%EC%9D%B8_%EC%A3%BC%EA%B1%B0_%EC%9D%B4%EC%A0%84\"><\/span>B. \uac1c\uc778 \uc8fc\uac70 \uc774\uc804<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\uae30\uc874 \uc8fc\ud0dd\uc774 \ubbf8\ub9e4\uac01<\/strong> \uc0c1\ud0dc\uc5d0\uc11c <strong>\uc0c8 \uc8fc\ud0dd \uc794\uae08\uc77c\uc774 \uba3c\uc800<\/strong> \ub3c4\ub798<\/li>\n\n\n\n<li><strong>\ubd84\uc591 \uc544\ud30c\ud2b8 \uc794\uae08 \uc2dc\uc810<\/strong>\uc5d0 \uc77c\uc2dc \uc790\uae08 \ud544\uc694(\uae30\uc874 \uc9d1 \ub9e4\uac01 \ub300\uae08 \uc608\uc815)<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3-3_%EA%B5%AC%EC%A1%B0%EC%99%80_%EB%8B%B4%EB%B3%B4\"><\/span>3-3. \uad6c\uc870\uc640 \ub2f4\ubcf4<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\ub2f4\ubcf4<\/strong>: \ub9e4\uc785 \ub300\uc0c1 \ubd80\ub3d9\uc0b0(\ud1a0\uc9c0\/\uc8fc\ud0dd) \ub610\ub294 <strong>\uae30\ubcf4\uc720 \ubd80\ub3d9\uc0b0<\/strong>\uc5d0 \uadfc\uc800\ub2f9 \uc124\uc815(\ud544\uc694 \uc2dc <strong>\ucd94\uac00 \ub2f4\ubcf4\/\ubcf4\uc99d<\/strong>).<\/li>\n\n\n\n<li><strong>\ub300\ucd9c\uae30\uac04<\/strong>: \ubcf4\ud1b5 <strong>3~24\uac1c\uc6d4<\/strong>(\uac1c\uc778 6<del>12\uac1c\uc6d4, \uac1c\ubc1c 6<\/del>18\uac1c\uc6d4\uc774 \ud754\ud568).<\/li>\n\n\n\n<li><strong>\uc0c1\ud658\ubc29\uc2dd<\/strong>: **\uac70\uce58 \uc774\uc790\ub9cc \ub0a9\ubd80 + \ub9cc\uae30 \uc77c\uc2dc\uc0c1\ud658(\ubc8c\ub8ec, Balloon)**\uc774 \ud45c\uc900.<\/li>\n\n\n\n<li><strong>Exit(\ucd9c\uad6c\uc804\ub7b5)<\/strong>:\n<ol class=\"wp-block-list\">\n<li><strong>\uc7a5\uae30\ub300\ucd9c\/\uc794\uae08\ub300\ucd9c\/PF \uc2e4\ud589<\/strong>\ub85c \ub300\ud658<\/li>\n\n\n\n<li><strong>\ub9e4\uac01\ub300\uae08<\/strong>\uc73c\ub85c \uc0c1\ud658<\/li>\n\n\n\n<li>\uc784\ub300\uc0ac\uc5c5\uc774\uba74 <strong>\uc6b4\uc601\ub300\ucd9c<\/strong>\ub85c \uc804\ud658<\/li>\n<\/ol>\n<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3-4_%ED%95%9C%EB%8F%84_%EC%82%B0%EC%A0%95_%EB%B0%A9%EC%8B%9D%EC%8B%A4%EB%AC%B4_%EA%B0%90%EA%B0%81%EC%B9%98\"><\/span>3-4. \ud55c\ub3c4 \uc0b0\uc815 \ubc29\uc2dd(\uc2e4\ubb34 \uac10\uac01\uce58)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\ubcf4\uc218\uc801\uc73c\ub85c <strong>LTV 60~70%<\/strong>(\uac1c\uc778 \uc8fc\uac70 \ube0c\ub9ac\uc9c0\ub294 70~80%\uae4c\uc9c0\ub3c4 \uc0ac\ub840 \uc874\uc7ac), \uac1c\ubc1c\ud615\uc740 <strong>\ud1a0\uc9c0 \uac10\uc815\uac00\uc758 50~65%<\/strong> \uc218\uc900\uc774 \uc77c\ubc18\uc801.<\/li>\n\n\n\n<li>\uac1c\ubc1c\ud615\uc740 **\ucd1d\uc0ac\uc5c5\ube44 \ub300\ube44 \ud55c\ub3c4(60~70%)**\ub97c \ubcd1\ud589 \uac80\ud1a0.<\/li>\n\n\n\n<li>\ud754\ud55c \uacc4\uc0b0 \ud504\ub808\uc784:\n<ul class=\"wp-block-list\">\n<li><code>\ud55c\ub3c4 = (\ub2f4\ubcf4\uac00\uce58 \u00d7 \uc778\uc815 LTV) \u2212 \uc120\uc21c\uc704 \ucc44\uad8c\uc561<\/code><\/li>\n\n\n\n<li>\uac1c\ubc1c\ud615\uc774\uba74 <code>\ucd1d\uc0ac\uc5c5\ube44 \u00d7 \uc778\uc815\ube44\uc728<\/code>\uacfc \ube44\uad50\ud574 <strong>\ub354 \uc791\uc740 \uac12<\/strong> \uc801\uc6a9.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\uc608\uc2dc) \ud1a0\uc9c0 \uac10\uc815\uac00 10\uc5b5, \uc120\uc21c\uc704 2\uc5b5, \uc778\uc815 LTV 60%\ub77c\uba74<br>\uac00\ub2a5\ud55c\ub3c4 \u2248 10\uc5b5\u00d70.6 \u2212 2\uc5b5 = <strong>4\uc5b5<\/strong>.<\/p>\n<\/blockquote>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3-5_%EA%B8%88%EB%A6%AC%C2%B7%EB%B9%84%EC%9A%A9\"><\/span>3-5. \uae08\ub9ac\u00b7\ube44\uc6a9<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Zinss\u00e4tze<\/strong>: \uc8fc\ub2f4\ub300\/\uc77c\ubc18 \uc0ac\uc5c5\uc790\ub300\ucd9c\ubcf4\ub2e4 <strong>\ub192\uc74c<\/strong>(\ub9ac\uc2a4\ud06c\u00b7\ub2e8\uae30\uc131 \ubc18\uc601).<\/li>\n\n\n\n<li><strong>\uc218\uc218\ub8cc<\/strong>: \ucde8\uae09\uc218\uc218\ub8cc(\uc57d\uc815\/\uc57d\uc815\uae08\uc561\uc758 \uc77c\uc815%), \uac10\uc815\ud3c9\uac00\ube44, \uc778\uc9c0\uc138, \ub2f4\ubcf4\uc124\uc815\ube44, \uc911\ub3c4\uc0c1\ud658\uc218\uc218\ub8cc(\uae30\uad00\ubcc4).<\/li>\n\n\n\n<li><strong>\uc774\uc790 \uc0b0\uc815<\/strong>: \ub300\ubd80\ubd84 <strong>\ubcc0\ub3d9\uae08\ub9ac + \uac00\uc0b0<\/strong> \uad6c\uc870, \uc6d4\ubcc4 \uc774\uc790 \ub0a9\ubd80.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3-6_%EC%8B%AC%EC%82%AC_%ED%8F%AC%EC%9D%B8%ED%8A%B8%EA%B8%B0%EA%B4%80%EC%9D%B4_%EB%B3%B4%EB%8A%94_%ED%95%B5%EC%8B%AC\"><\/span>3-6. \uc2ec\uc0ac \ud3ec\uc778\ud2b8(\uae30\uad00\uc774 \ubcf4\ub294 \ud575\uc2ec)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Exit \uba85\ud655\uc131<\/strong>: \ub300\ud658 \ud655\uc815 \uc5ec\ubd80(\uc794\uae08\ub300\ucd9c \uc2b9\uc778\u00b7PF \uc57d\uc815 \uc9c4\ud589\ub3c4, \ub9e4\ub9e4\uacc4\uc57d\uc11c)<\/li>\n\n\n\n<li><strong>\ub2f4\ubcf4 \uc548\uc804\uc131<\/strong>: \uad8c\ub9ac\uad00\uacc4(\uc120\uc21c\uc704, \uac00\uc555\ub958 \uc5ec\ubd80), \ucc98\ubd84 \uc6a9\uc774\uc131<\/li>\n\n\n\n<li><strong>\uc0ac\uc5c5\uc131\/\ud604\uae08\ud750\ub984<\/strong>: \uac1c\ubc1c\ud615\uc740 <strong>\uacf5\uc815\ud45c\u00b7\uc0ac\uc5c5\uc218\uc9c0\ud45c<\/strong>, \uac1c\uc778\ud615\uc740 <strong>\uae30\uc874\uc8fc\ud0dd \ub9e4\uac01 \uac00\ub2a5\uc131\u00b7\uc18c\ub4dd<\/strong><\/li>\n\n\n\n<li><strong>\ucc28\uc8fc \uc2e0\uc6a9\/\uc7ac\ubb34<\/strong>: \uc5f0\uccb4\u00b7\uc138\uae08\uccb4\ub0a9\u00b7\ubd80\ucc44\ube44\uc728<\/li>\n\n\n\n<li><strong>\uae30\uac04 \uc801\uc815\uc131<\/strong>: \uc778\ud5c8\uac00\u00b7PF \ud074\ub85c\uc9d5 \ud0c0\uc784\ub77c\uc778\uacfc \ub9cc\uae30 \uc77c\uce58 \uc5ec\ubd80<\/li>\n<\/ol>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3-7_%ED%95%84%EC%9A%94_%EC%84%9C%EB%A5%98_%EC%B2%B4%ED%81%AC%EB%A6%AC%EC%8A%A4%ED%8A%B8\"><\/span>3-7. \ud544\uc694 \uc11c\ub958 \uccb4\ud06c\ub9ac\uc2a4\ud2b8<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\uac1c\ubc1c\ud615<\/strong>: \ud1a0\uc9c0 \ub4f1\uae30\ubd80\/\ub300\uc7a5, \uac10\uc815\ud3c9\uac00\uc11c(\ub610\ub294 \uc758\ub8b0\uc11c), <strong>\ub9e4\ub9e4\uacc4\uc57d\uc11c<\/strong>, \uc778\ud5c8\uac00 \uc9c4\ud589\uc11c\ub958, <strong>\uc0ac\uc5c5\uc218\uc9c0\ud45c<\/strong>, \uacf5\uc815\ud45c, \uc790\uae08\ud750\ub984\ud45c, \uc2dc\uacf5\u00b7\uac10\ub9ac \uad00\ub828 \uacc4\uc57d(\uc608\uc815 \ud3ec\ud568), \ubc95\uc778 \ub4f1\uae30\/\uc7ac\ubb34\uc81c\ud45c.<\/li>\n\n\n\n<li><strong>\uac1c\uc778\ud615<\/strong>: \ub300\uc0c1\u00b7\uae30\uc874 \uc8fc\ud0dd <strong>\ub4f1\uae30\ubd80\ub4f1\ubcf8<\/strong>, <strong>\ub9e4\ub9e4\uacc4\uc57d\uc11c<\/strong>, \uc794\uae08\uc77c\uc815\ud45c, \uc18c\ub4dd\u00b7\uc7ac\uc9c1 \uc99d\ube59, \uae30\uc874 \ubd80\ucc44 \ub0b4\uc5ed, \uc911\uac1c\uc0ac \ud655\uc778\uc11c(\ud544\uc694 \uc2dc).<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3-8_%EC%A0%88%EC%B0%A8%ED%91%9C%EC%A4%80_%ED%83%80%EC%9E%84%EB%9D%BC%EC%9D%B8\"><\/span>3-8. \uc808\ucc28(\ud45c\uc900 \ud0c0\uc784\ub77c\uc778)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>\uc0ac\uc804\uc0c1\ub2f4<\/strong>(Exit \ud655\uc778 + \ud55c\ub3c4\u00b7\uae08\ub9ac \uac00\ub2a0)<\/li>\n\n\n\n<li><strong>\uc11c\ub958 \uc811\uc218 \u2192 \ub2f4\ubcf4\/\uc0ac\uc5c5\uc131 \uc2ec\uc0ac(\uac10\uc815 \ud3ec\ud568)<\/strong><\/li>\n\n\n\n<li><strong>\uc57d\uc815 \uccb4\uacb0\u00b7\uadfc\uc800\ub2f9 \uc124\uc815<\/strong><\/li>\n\n\n\n<li><strong>\ub300\ucd9c \uc2e4\ud589(\uc794\uae08\uc77c \ub9de\ucdb0 \uc9d1\ud589)<\/strong><\/li>\n\n\n\n<li><strong>\ub9cc\uae30 \ub3c4\ub798 \uc804 \ub300\ud658\/\ub9e4\uac01 \uc9c4\ud589<\/strong>(\ud544\uc694 \uc2dc \uae30\uac04\uc5f0\uc7a5 \ud611\uc758)<\/li>\n\n\n\n<li><strong>\ub300\ud658 \uc644\ub8cc\/\uc0c1\ud658<\/strong> \ubc0f \ub9d0\uc18c<\/li>\n<\/ol>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">3-9. \ub9ac\uc2a4\ud06c & \uc720\uc758\uc0ac\ud56d<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Exit \uc2e4\ud328<\/strong>(\ub9e4\uac01 \uc9c0\uc5f0, PF \ubb34\uc0b0, \uc794\uae08\ub300\ucd9c \ubbf8\uc2b9\uc778) \u2192 \ub9cc\uae30 \uc5f0\uc7a5 \ube44\uc6a9\u00b7\uae08\ub9ac \uc0c1\uc2b9, \ub2f4\ubcf4 \ucc98\ubd84 \uc704\ud5d8<\/li>\n\n\n\n<li><strong>\uae08\ub9ac \ubd80\ub2f4<\/strong>: \ub2e8\uae30\uc774\uc790\u00b7\uc218\uc218\ub8cc \ud569\uc0b0 \uc2dc \ucd1d\ube44\uc6a9 \ub192\uc74c<\/li>\n\n\n\n<li><strong>\uc120\uc21c\uc704\u00b7\ud6c4\uc21c\uc704 \uad6c\uc870<\/strong>: \ub2e4\uc911\ub2f4\ubcf4\uc77c \ub54c \uc6b0\uc120\uc21c\uc704\uc5d0 \ub530\ub77c \ud68c\uc218 \uc704\ud5d8 \ucc28\uc774 \ud07c<\/li>\n\n\n\n<li><strong>\uc77c\uc815 \ub9ac\uc2a4\ud06c<\/strong>: \uc778\ud5c8\uac00 \uc9c0\uc5f0\u00b7\uacf5\uc815\ucc28\uc9c8 \u2192 \ub9cc\uae30\uc640 \ubd88\uc77c\uce58<\/li>\n\n\n\n<li><strong>\uacc4\uc57d \uc870\uac74<\/strong>: \uc870\uae30\uc0c1\ud658\uc218\uc218\ub8cc, \ub9cc\uae30 \uc5f0\uc7a5 \uc870\uac74\u00b7\uae08\ub9ac, \ucd94\uac00 \ub2f4\ubcf4 \uc694\uad6c \uc870\ud56d \ud655\uc778 \ud544\uc218<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3-10_%EC%8B%A4%EB%AC%B4_%ED%8C%81\"><\/span>3-10. \uc2e4\ubb34 \ud301<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\ucd08\uae30\uc5d0 <strong>Exit \uc99d\ube59<\/strong>\uc744 \ucd5c\ub300\ud55c \ud655\ubcf4(\uc794\uae08\ub300\ucd9c \uc0ac\uc804\uc2b9\uc778\uc11c, \ub9e4\uc218\u00b7\ub9e4\ub3c4 \uacc4\uc57d\uc11c, PF \uc57d\uc815 MOU \ub4f1).<\/li>\n\n\n\n<li><strong>\ub9cc\uae30 &gt; \uc794\uae08\/\ud074\ub85c\uc9d5 \uc608\uc815\uc77c + \uc5ec\uc720 1~2\uac1c\uc6d4<\/strong>\ub85c \uc124\uc815\ud574 \uc9c0\uc5f0 \ub9ac\uc2a4\ud06c \ud761\uc218.<\/li>\n\n\n\n<li>\uac1c\ubc1c\ud615\uc740 <strong>\ud1a0\uc9c0 \ube0c\ub9ac\uc9c0 \u2192 PF(\uac74\ucd95\uc790\uae08) \u2192 \uc900\uacf5 \ub300\ud658\/\ubd84\uc591\ub300\uae08 \ud68c\uc218<\/strong>\uc758 <strong>\ud328\ud0a4\uc9c0 \ud611\uc0c1<\/strong>\uc774 \ucd1d\ube44\uc6a9\u00b7\uc18d\ub3c4 \uce21\uba74\uc5d0\uc11c \uc720\ub9ac.<\/li>\n\n\n\n<li>\uac1c\uc778\ud615\uc740 <strong>\uae30\uc874\uc8fc\ud0dd \u2018\uac00\uaca9\u00b7\ub9e4\ub3c4\uae30\uac04\u2019 \ud604\uc2e4\uc801 \uc0b0\uc815<\/strong>(\uae09\ub9e4 \uae30\uc900) + \uc911\uac1c\uc0ac \ud310\ub9e4\uc804\ub7b5 \uc11c\uba74 \ud655\ubcf4.<\/li>\n\n\n\n<li>\uae08\ub9ac\ub9cc \ubcf4\uc9c0 \ub9d0\uace0 <strong>\ucd1d\ube44\uc6a9(Total Cost of Capital)<\/strong> \ube44\uad50(\uc218\uc218\ub8cc\u00b7\uc124\uc815\/\ub9d0\uc18c\ube44\u00b7\uac10\uc815\ube44 \ud3ec\ud568).<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3-11_%EA%B0%84%EB%8B%A8_%EA%B3%84%EC%82%B0_%EC%98%88%EC%8B%9C%EA%B0%9C%EB%B0%9C%ED%98%95\"><\/span>3-11. \uac04\ub2e8 \uacc4\uc0b0 \uc608\uc2dc(\uac1c\ubc1c\ud615)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\ud1a0\uc9c0 \ub9e4\uc785\uac00 12\uc5b5, \uac10\uc815\uac00 12.5\uc5b5, \uc120\uc21c\uc704 0, \uc778\uc815 LTV 60% \u2192 <strong>\ucd5c\ub300 7.5\uc5b5<\/strong><\/li>\n\n\n\n<li>\ud544\uc694 \uc794\uae08 8\uc5b5\uc774\ub77c\uba74 <strong>\uc790\uae30\uc790\ubcf8 0.5\uc5b5 \ucd94\uac00<\/strong> oder <strong>\uae30\ubcf4\uc720 \ub2f4\ubcf4 \ucd94\uac00 \uc124\uc815<\/strong> Erforderlich.<\/li>\n\n\n\n<li>\ub9cc\uae30 12\uac1c\uc6d4, \uc5f0 8% \uac00\uc815 \uc2dc \uc6d4 \uc774\uc790 \uc57d <strong>500\ub9cc\uc6d0<\/strong>(7.5\uc5b5\u00d78%\u00f712) + \uac01\uc885 \uc218\uc218\ub8cc \ubcc4\ub3c4.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_%ED%94%84%EB%A1%9C%EC%A0%9D%ED%8A%B8_%ED%8C%8C%EC%9D%B4%EB%82%B8%EC%8B%B1PF_%EB%8C%80%EC%B6%9C\"><\/span>4. <strong>\ud504\ub85c\uc81d\ud2b8 \ud30c\uc774\ub0b8\uc2f1(PF) \ub300\ucd9c<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\uaddc\ubaa8\uac00 \ud070 \ub2e4\uc138\ub300\uc8fc\ud0dd, \uc624\ud53c\uc2a4\ud154, \uc0c1\uac00 \ub4f1\uc5d0\uc11c \uc0ac\uc6a9.<\/li>\n\n\n\n<li><strong>Bedingungen<\/strong>: \ud1a0\uc9c0 \ud655\ubcf4 + \uc778\ud5c8\uac00 \uc644\ub8cc + \ubd84\uc591\uc131 \ud655\ubcf4.<\/li>\n\n\n\n<li><strong>\ub2f4\ubcf4<\/strong>: \ud1a0\uc9c0\uc640 \ubbf8\ub798 \ubd84\uc591\uc218\uc775.<\/li>\n\n\n\n<li><strong>\uc8fc\uccb4<\/strong>: \uc2dc\uc911\uc740\ud589, \uc99d\uad8c\uc0ac, \uce90\ud53c\ud0c8.<\/li>\n\n\n\n<li><strong>Eigenschaften<\/strong>: \uc2dc\uacf5\uc0ac\u00b7\uc2e0\ud0c1\uc0ac\u00b7\uae08\uc735\uc0ac 3\uc790 \uad6c\uc870.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4-1_%EA%B0%9C%EB%85%90%C2%B7%ED%8A%B9%EC%A7%95\"><\/span>4-1. \uac1c\ub150\u00b7\ud2b9\uc9d5<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\ud2b9\uc815 \uc0ac\uc5c5(Project)\uc758 \ud604\uae08\ud750\ub984<\/strong>\uc744 \ub2f4\ubcf4\ub85c \uc870\ub2ec\ud558\ub294 <strong>\uc911\u00b7\ub300\ud615 \uac1c\ubc1c\uae08\uc735<\/strong>.<\/li>\n\n\n\n<li>\ubcf4\ud1b5 <strong>SPC(\ud2b9\uc218\ubaa9\uc801\ubc95\uc778)<\/strong> \ub97c \ub9cc\ub4e4\uc5b4 \uc0ac\uc5c5\uc790\uae08\ub9cc \ubd84\ub9ac \uad00\ub9ac.<\/li>\n\n\n\n<li><strong>\ube44\uc18c\uad6c\/\uc81c\ud55c\uc18c\uad6c(Non-\/Limited Recourse)<\/strong> \uad6c\uc870\uac00 \uc77c\ubc18\uc801 \u2192 \ubb38\uc81c\uac00 \ub098\ub354\ub77c\ub3c4 \uc6d0\uce59\uc801\uc73c\ub85c <strong>\uc0ac\uc5c5\uc790(\ubaa8\ud68c\uc0ac)\ub85c \uc644\uc804 \uc18c\uad6c\ud558\uc9c0 \uc54a\uc74c<\/strong>(\uacc4\uc57d\uc0c1 \ubcf4\uc99d\uc774 \uc788\uc73c\uba74 \uc81c\ud55c\uc801 \uc18c\uad6c).<\/li>\n\n\n\n<li>\uc801\uc6a9 \ubd84\uc57c: <strong>\ubd80\ub3d9\uc0b0 \uac1c\ubc1c(\uc8fc\uac70\u00b7\uc0c1\uac00\u00b7\uc624\ud53c\uc2a4\u00b7\ubb3c\ub958)<\/strong>, <strong>\uc778\ud504\ub77c(\ubc1c\uc804\u00b7\ub3c4\ub85c\u00b7\ud658\uacbd)<\/strong>.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4-2_%EC%9E%90%EA%B8%88%ED%9D%90%EB%A6%84%EC%A0%84%ED%98%95%EC%A0%81_%EB%8B%A8%EA%B3%84\"><\/span>4-2. \uc790\uae08\ud750\ub984(\uc804\ud615\uc801 \ub2e8\uacc4)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>\uc5d0\ucffc\ud2f0(\uc790\uae30\uc790\ubcf8) \u2192 \ube0c\ub9ac\uc9c0(\ud1a0\uc9c0\uc794\uae08 \ub4f1 \ub2e8\uae30) \u2192 PF(\ubcf8\uc790\uae08, \uacf5\uc0ac\uae30\uac04) \u2192 \ud14c\uc774\ud06c\uc544\uc6c3(\uc7a5\uae30\ub300\ucd9c\/\ubd84\uc591\u00b7\ub9e4\uac01\ub300\uae08\/\uc6b4\uc601\uc218\uc775)<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4-3_%ED%95%9C%EB%8F%84_%EC%82%B0%EC%A0%95_%ED%95%B5%EC%8B%AC_%EC%A7%80%ED%91%9C\"><\/span>4-3. \ud55c\ub3c4 \uc0b0\uc815 \ud575\uc2ec \uc9c0\ud45c<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>LTV<\/strong>(Loan to Value) = \ub300\ucd9c\/\ub2f4\ubcf4\uac00\uce58<\/li>\n\n\n\n<li><strong>LTC<\/strong>(Loan to Cost) = \ub300\ucd9c\/\ucd1d\uc0ac\uc5c5\ube44<\/li>\n\n\n\n<li><strong>DSCR<\/strong>(Debt Service Coverage Ratio) = \ud604\uae08\ud750\ub984\/\ubd80\ucc44\uc0c1\ud658\uc561\n<ul class=\"wp-block-list\">\n<li>\uc6b4\uc601\ud615(\uc784\ub300\u00b7\ubc1c\uc804 \ub4f1)\uc740 <strong>DSCR 1.2~1.5\u00d7 \uc774\uc0c1<\/strong> \uc694\uad6c \uc0ac\ub840 \ub2e4\uc218<\/li>\n\n\n\n<li>\ubd84\uc591\ud615(\uc8fc\ud0dd \ub4f1)\uc740 <strong>\ubd84\uc591\ub960\u00b7\ubd84\uc591\uc218\uc785 \ucee4\ubc84\ub9ac\uc9c0<\/strong>\ub85c \ub300\uccb4 \uc2ec\uc0ac\ud558\ub294 \uacbd\uc6b0\uac00 \ub9ce\uc74c<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>\uc2e4\ubb34 \uac10\uac01\uce58(\uae30\uad00\u00b7\ubb3c\uac74\ubcc4 \uc0c1\uc774):\n<ul class=\"wp-block-list\">\n<li><strong>LTC 60~70%<\/strong>, <strong>LTV 60~70%<\/strong> \uc8fc\ubcc0\uc5d0\uc11c \uacb0\uc815<\/li>\n\n\n\n<li><strong>\uc790\uae30\uc790\ubcf8 \ucd5c\uc18c 20~30%<\/strong> \uc120 \ud22c\uc785 \uc694\uad6c\uac00 \ud754\ud568<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\ubcf4\uc218\uc801\uc73c\ub85c\ub294 <strong>\u2018\ub2f4\ubcf4\uac00\uce58\u00d7\uc778\uc815LTV\u2019\uc640 \u2018\ucd1d\uc0ac\uc5c5\ube44\u00d7\uc778\uc815\ube44\uc728\u2019 \uc911 \uc791\uc740 \uac12<\/strong>\uc744 PF \ud55c\ub3c4\ub85c \ubd05\ub2c8\ub2e4.<\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4-4_%EA%B8%88%EB%A6%AC%C2%B7%EB%B9%84%EC%9A%A9_%EA%B5%AC%EC%A1%B0\"><\/span>4-4. \uae08\ub9ac\u00b7\ube44\uc6a9 \uad6c\uc870<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\uae08\ub9ac: \uc77c\ubc18 \ub2f4\ubcf4\ub300\ucd9c\ubcf4\ub2e4 <strong>\ub192\uc740 \ubcc0\ub3d9\uae08\ub9ac<\/strong>(\ub9ac\uc2a4\ud06c\u00b7\uacf5\uae30 \ubc18\uc601).<\/li>\n\n\n\n<li><strong>\uc218\uc218\ub8cc<\/strong>: \uc8fc\uc120\/\uc57d\uc815(Arranger, Commitment), \uad00\ub9ac\u00b7\ub300\ub9ac\uc778 \uc218\uc218\ub8cc, \uac10\uc815\u00b7\ubc95\ubb34\u00b7\uc778\uc9c0\u00b7\uc2e0\ud0c1\/\ubcf4\uc99d\ub8cc, \uacf5\uc0ac\uae30\uac04 <strong>\uc774\uc790\uc720\ubcf4(Interest During Construction; IDC)<\/strong> \ub4f1.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4-5_%EB%8B%B4%EB%B3%B4%C2%B7%EB%B3%B4%EC%A6%9D%EB%B3%B4%EC%95%88_%ED%8C%A8%ED%82%A4%EC%A7%80\"><\/span>4-5. \ub2f4\ubcf4\u00b7\ubcf4\uc99d(\ubcf4\uc548 \ud328\ud0a4\uc9c0)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\ub2f4\ubcf4\uc2e0\ud0c1\/\uadfc\uc800\ub2f9<\/strong>(\ud1a0\uc9c0\u00b7\uac74\ubb3c), <strong>\ubd84\uc591\ub300\uae08\/\uc784\ub300\ub8cc \uc9c8\uad8c<\/strong>, <strong>\uc790\uae08\uad00\ub9ac\uacc4\uc88c(\uc5d0\uc2a4\ud06c\ub85c) \uc9c8\uad8c<\/strong>, <strong>\uc8fc\uc2dd(\uc9c0\ubd84) \uc9c8\uad8c<\/strong>, <strong>\ubcf4\ud5d8\uae08 \uc9c8\uad8c<\/strong>.<\/li>\n\n\n\n<li><strong>DSRA(\ubd80\ucc44\uc11c\ube44\uc2a4\uc801\ub9bd\uacc4\uc815)<\/strong>, <strong>O&M\/\uc608\ube44\ube44(Contingency) \uc801\ub9bd<\/strong>.<\/li>\n\n\n\n<li><strong>\uc2dc\uacf5\uc0ac \uc9c0\uae09\ubcf4\uc99d\/\uc644\uacf5\ubcf4\uc99d<\/strong>, <strong>Completion Guarantee(\uc644\uacf5\ubcf4\uc7a5)<\/strong>, \ud544\uc694 \uc2dc <strong>\ubaa8\ud68c\uc0ac \ubcf4\uc99d<\/strong>.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4-6_%EC%8B%AC%EC%82%AC_%ED%8F%AC%EC%9D%B8%ED%8A%B8%EA%B8%88%EC%9C%B5%EC%82%AC%EA%B0%80_%EB%B3%B4%EB%8A%94_%EA%B2%83\"><\/span>4-6. \uc2ec\uc0ac \ud3ec\uc778\ud2b8(\uae08\uc735\uc0ac\uac00 \ubcf4\ub294 \uac83)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>\ud1a0\uc9c0 \ud655\ubcf4\u00b7\uad8c\ub9ac\uad00\uacc4<\/strong>(\uc120\uc21c\uc704 \ucc44\uad8c, \uac00\uc555\ub958 \uc5ec\ubd80)<\/li>\n\n\n\n<li><strong>\uc778\ud5c8\uac00\u00b7\uc0ac\uc5c5\uacc4\ud68d \ud655\uc815\ub3c4<\/strong>(\uc6a9\ub3c4\u00b7\uc6a9\uc801\u00b7\uc811\ub3c4)<\/li>\n\n\n\n<li><strong>\uc218\uc694\u00b7\uac00\uaca9\uc131(\ubd84\uc591\uc131\/\uc784\ub300\uc218\uc694)<\/strong>, \ubd84\uc591\uac00\u00b7\uc784\ub300\ub8cc \uadfc\uac70<\/li>\n\n\n\n<li><strong>\uacf5\uc0ac\ube44 \uc801\uc815\uc131\u00b7\uacf5\uc815\ud45c \ud604\uc2e4\uc131<\/strong>, \uc2dc\uacf5\uc0ac \uc2e0\uc6a9\/\uc2e4\uc801<\/li>\n\n\n\n<li><strong>\uc790\uae30\uc790\ubcf8 \ud22c\uc785\ub960<\/strong>, \uc7ac\ubb34\uac74\uc804\uc131<\/li>\n\n\n\n<li><strong>Exit \ud655\uc2e4\uc131<\/strong>(\ubd84\uc591\ub300\uae08 \ud68c\uc218, \uc7a5\uae30\ub300\ucd9c \uc0ac\uc804\uc870\uac74, \ub9e4\uac01\uacc4\uc57d \ub4f1)<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4-7_%ED%95%84%EC%88%98_%EC%84%9C%EB%A5%98%EC%9A%94%EC%95%BD_%EC%B2%B4%ED%81%AC%EB%A6%AC%EC%8A%A4%ED%8A%B8\"><\/span>4-7. \ud544\uc218 \uc11c\ub958(\uc694\uc57d \uccb4\ud06c\ub9ac\uc2a4\ud2b8)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\ubc95\ubb34<\/strong>: \ub4f1\uae30\ubd80\/\ub300\uc7a5, \ud1a0\uc9c0\uc774\uc6a9\uacc4\ud68d, \uc778\ud5c8\uac00\uc11c\ub958, SPC \uc815\uad00\u00b7\uc774\uc0ac\ud68c \uc758\uc0ac\ub85d<\/li>\n\n\n\n<li><strong>\uae30\uc220\u00b7\ube44\uc6a9<\/strong>: \uae30\ubcf8\/\uc2e4\uc2dc\uc124\uacc4\ub3c4\uc11c, \ub0b4\uc5ed\uc11c, <strong>\ub3c4\uae09\uacc4\uc57d\uc11c(EPC\/LSTK \uad8c\uc7a5)<\/strong>, \uacf5\uc815\ud45c<\/li>\n\n\n\n<li><strong>\uc0ac\uc5c5\uc131<\/strong>: \uc218\uc694\uc870\uc0ac, \ubd84\uc591\/\uc784\ub300 \uacc4\ud68d, \ub9c8\ucf00\ud305 \uacc4\ud68d, \uc0ac\uc5c5\uc218\uc9c0\ud45c(\uc6d4\ubcc4 CF)<\/li>\n\n\n\n<li><strong>Finanzen<\/strong>: \uc790\uae08\uad00\ub9ac\uacc4\uc88c \uc57d\uc815, \ub2f4\ubcf4\/\uc9c8\uad8c \uc124\uc815 \uc11c\ub958, \ubcf4\ud5d8\/\ubcf4\uc99d \uc99d\uc11c, DSRA \uc57d\uc815<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4-8_%EC%A7%91%ED%96%89%C2%B7%EA%B4%80%EB%A6%AC%EC%9A%B4%EC%98%81_%EB%A9%94%EC%BB%A4%EB%8B%88%EC%A6%98\"><\/span>4-8. \uc9d1\ud589\u00b7\uad00\ub9ac(\uc6b4\uc601 \uba54\ucee4\ub2c8\uc998)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>CP(Conditions Precedent)<\/strong> \ucda9\uc871 \u2192 \ucd5c\ucd08 \uc9d1\ud589<\/li>\n\n\n\n<li><strong>\ud68c\ucc28\ubcc4 Drawdown<\/strong>: \uac10\ub9ac\ubcf4\uace0\uc11c\u00b7\uc138\uae08\uacc4\uc0b0\uc11c\u00b7\uc0ac\uc9c4 \ub4f1 \uc99d\ube59\uc73c\ub85c \uacf5\uc815\uc5f0\ub3d9 \uc9d1\ud589<\/li>\n\n\n\n<li><strong>Cash Waterfall(\ud604\uae08\ud750\ub984 \ubc30\ubd84 \uc21c\uc11c)<\/strong>\n<ol class=\"wp-block-list\">\n<li>\uc138\uae08\u00b7\ubcf4\ud5d8\u00b7O&M \u2192 2) \uc774\uc790\u00b7\uc6d0\uae08(DSCR\u00b7\uc57d\uc815 \ucda9\uc871) \u2192 3) \uc801\ub9bd\uacc4\uc815(DSRA \ub4f1) \u2192 4) \uc794\uc5ec\ubd84\uc744 \ubc30\ub2f9<\/li>\n<\/ol>\n<\/li>\n\n\n\n<li><strong>Covenant \ud14c\uc2a4\ud2b8<\/strong>(\ubd84\uc591\ub960, DSCR, \uc608\uc0b0\ucd08\uacfc \ud55c\ub3c4 \ub4f1) \uc704\ubc18 \uc2dc Cure \uc694\uad6c\u00b7\uc9d1\ud589 \uc911\ub2e8\u00b7Step-in \uad8c\ub9ac \ud589\uc0ac \uac00\ub2a5<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">4-9. \ub9ac\uc2a4\ud06c & \ub300\uc751\ucc45<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\uc778\ud5c8\uac00\/\uaddc\uc81c<\/strong> \u2192 \uc0ac\uc804\ud655\uc815, \uc870\uac74\ubd80 PF \uae08\uc9c0\u00b7\uc2a4\ud0e0\ubc14\uc774 \uae30\uac04 \ud655\ubcf4<\/li>\n\n\n\n<li><strong>\uacf5\uc0ac \ub9ac\uc2a4\ud06c(\uc6d0\uac00\uc0c1\uc2b9\u00b7\uc9c0\uc5f0)<\/strong> \u2192 \u0392 <strong>GMP\/LSTK \uacc4\uc57d<\/strong>, \uc131\ub2a5\u00b7\uc9c0\uccb4\uc0c1\uae08 \uc870\ud56d, \uacf5\uc0ac\ubcf4\ud5d8<\/li>\n\n\n\n<li><strong>\uc218\uc694\u00b7\uac00\uaca9 \ub9ac\uc2a4\ud06c<\/strong> \u2192 \ubcf4\uc218\uc801 \ubd84\uc591\uac00\/\uc784\ub300\ub8cc, \uc0ac\uc804\uc608\uc57d\u00b7\ubd84\uc591\ub960 \uc870\uac74\ubd80 \uc9d1\ud589<\/li>\n\n\n\n<li><strong>\uae08\ub9ac\u00b7\ud658\uc728<\/strong> \u2192 \uae08\ub9ac\/\ud658\ud5e4\uc9c0, \uc774\uc790\uc720\ubcf4 \ucda9\ubd84\ud788 \uc124\uc815<\/li>\n\n\n\n<li><strong>\uc720\ub3d9\uc131<\/strong> \u2192 \u0392 <strong>\uc608\ube44\ube44 10~15%<\/strong> \ubcc4\ub3c4 \ubcf4\uc720, DSRA \ucda9\uc871<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4-10_%EA%B0%84%EB%8B%A8_%EA%B3%84%EC%82%B0_%EC%98%88%EC%8B%9C\"><\/span>4-10. \uac04\ub2e8 \uacc4\uc0b0 \uc608\uc2dc<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\ucd1d\uc0ac\uc5c5\ube44 <strong>100\uc5b5<\/strong>, \uc790\uae30\uc790\ubcf8 <strong>30\uc5b5<\/strong>, PF <strong>70\uc5b5<\/strong>, \uae08\ub9ac \uc5f0 <strong>8%<\/strong>, \uacf5\uae30 <strong>18\uac1c\uc6d4<\/strong>.<\/li>\n\n\n\n<li><strong>IDC<\/strong>(18\uac1c\uc6d4 \ub2e8\uc21c \uac00\uc815): 70\uc5b5 \u00d7 8% \u00d7 1.5\ub144 \u2248 <strong>8.4\uc5b5<\/strong> \u2192 \ucd1d \ud544\uc694\uc790\uae08\uc740 108.4\uc5b5(\uc218\uc218\ub8cc \ubcc4\ub3c4).<\/li>\n\n\n\n<li>\ubd84\uc591\ud615: <strong>\ubd84\uc591\uc218\uc785 \u2265 (PF \uc6d0\ub9ac\uae08 + \uc138\uae08\u00b7\uc218\uc218\ub8cc + \uc794\uc5ec\uacf5\uc0ac\ube44)<\/strong> \ucda9\uc871\ud574\uc57c \ud074\ub85c\uc9d5 \uac00\ub2a5.<\/li>\n\n\n\n<li>\uc6b4\uc601\ud615: <strong>DSCR = NOI \/ \uc5f0 \ubd80\ucc44\uc11c\ube44\uc2a4\uc561<\/strong>\uc774 \uc57d\uc815\uce58(\uc608: 1.25\u00d7) \uc774\uc0c1 \uc720\uc9c0\ub418\uc5b4\uc57c \ud568.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4-11_%EB%B8%8C%EB%A6%AC%EC%A7%80%EA%B1%B4%EC%B6%95%EC%9E%90%EA%B8%88_%EB%8C%80%EC%B6%9C%EA%B3%BC%EC%9D%98_%EC%B0%A8%EC%9D%B4\"><\/span>4-11. \ube0c\ub9ac\uc9c0\/\uac74\ucd95\uc790\uae08 \ub300\ucd9c\uacfc\uc758 \ucc28\uc774<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\ube0c\ub9ac\uc9c0<\/strong>: \uc7a5\uae30\uc790\uae08 \uc2e4\ud589 \uc804 <strong>\ub2e8\uae30 \uac2d \uba54\uc6b0\uae30<\/strong>(\ud1a0\uc9c0\uc794\uae08 \ub4f1).<\/li>\n\n\n\n<li><strong>\uac74\ucd95\uc790\uae08(\uc911\ub3c4\uae08)<\/strong>: \uacf5\uc815\ub960\uc5d0 \ub9de\ucdb0 <strong>\ubd84\ud560 \uc9d1\ud589\ub418\ub294 \ubcf8\uc790\uae08<\/strong>.<\/li>\n\n\n\n<li><strong>PF<\/strong>: \uc704 \ub458\uc744 <strong>\ud328\ud0a4\uc9c0\ub85c \ud1b5\ud569<\/strong>\ud558\uace0, <strong>\uc790\uae08\uad00\ub9ac\u00b7\ub2f4\ubcf4\u00b7\ubcf4\uc99d\u00b7\uc6cc\ud130\ud3f4<\/strong>\uc774 \ud6e8\uc52c \uac15\ud558\uac8c \uc124\uacc4\ub41c <strong>\ud504\ub85c\uc81d\ud2b8 \uc804\uc6a9 \uae08\uc735<\/strong>.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_%EC%A3%BC%ED%83%9D%EB%8F%84%EC%8B%9C%EA%B8%B0%EA%B8%88_%EB%8C%80%EC%B6%9C_%EC%84%9C%EB%AF%BC%EC%A4%91%EC%86%8C%EC%82%AC%EC%97%85%EC%9E%90_%EB%8C%80%EC%83%81\"><\/span>5. <strong>\uc8fc\ud0dd\ub3c4\uc2dc\uae30\uae08 \ub300\ucd9c (\uc11c\ubbfc\/\uc911\uc18c\uc0ac\uc5c5\uc790 \ub300\uc0c1)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\uccad\ub144\u00b7\uc2e0\ud63c\ubd80\ubd80 \uc790\uac00 \uc2e0\ucd95 \uc2dc<\/strong>: \ubcf4\uae08\uc790\ub9ac\ub860, \ub514\ub524\ub3cc\ub300\ucd9c.<\/li>\n\n\n\n<li><strong>\uc18c\uaddc\ubaa8 \uac74\ucd95\uc8fc(\ub2e4\uac00\uad6c, \ub2e4\uc138\ub300, \uc784\ub300\uc0ac\uc5c5\uc790)<\/strong>: \uc8fc\ud0dd\ub3c4\uc2dc\ubcf4\uc99d\uacf5\uc0ac(HUG) \ubcf4\uc99d\uc744 \ud1b5\ud55c \uac74\ucd95\uc790\uae08 \uc9c0\uc6d0.<\/li>\n\n\n\n<li>\uae08\ub9ac\uac00 \ub0ae\uc9c0\ub9cc, **\uc790\uaca9 \uc694\uac74(\uc18c\ub4dd, \uc138\ub300\uc8fc, \ubb34\uc8fc\ud0dd \ub4f1)**\uc774 \uc5c4\uaca9\ud568.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5-1_%EA%B0%9C%EC%9D%B8%EC%84%9C%EB%AF%BC%C2%B7%EC%B2%AD%EB%85%84%C2%B7%EC%8B%A0%ED%98%BC_%EB%8C%80%EC%83%81\"><\/span>5-1. \uac1c\uc778(\uc11c\ubbfc\u00b7\uccad\ub144\u00b7\uc2e0\ud63c) \ub300\uc0c1<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"A_%EB%B2%84%ED%8C%80%EB%AA%A9_%EC%A0%84%EC%84%B8%EC%9E%90%EA%B8%88%EB%8C%80%EC%B6%9C\"><\/span>A. \ubc84\ud300\ubaa9 \uc804\uc138\uc790\uae08\ub300\ucd9c<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Zweck<\/strong>: \uc804\u00b7\uc6d4\uc138 \ubcf4\uc99d\uae08 \ub9c8\ub828.<\/li>\n\n\n\n<li><strong>Ziel<\/strong>: \ubb34\uc8fc\ud0dd \uc138\ub300\uc8fc(\uccad\ub144\/\uc2e0\ud63c\/\ub2e4\uc790\ub140 \ub4f1 \uc6b0\ub300 \ud2b8\ub799 \uc874\uc7ac).<\/li>\n\n\n\n<li><strong>\ud575\uc2ec \ud2b9\uc9d5<\/strong>\n<ul class=\"wp-block-list\">\n<li>\uc804\uc138(\ub610\ub294 \uc6d4\uc138 \ubcf4\uc99d\uae08) <strong>\ubcf4\uc99d\uae08 \uc0c1\ud55c \ub0b4<\/strong>\uc5d0\uc11c \ub300\ucd9c.<\/li>\n\n\n\n<li><strong>\uae08\ub9ac \uc6b0\ub300<\/strong>: \uc18c\ub4dd \uad6c\uac04\u00b7\uc790\ub140\uc218\u00b7\uc9c0\uc5ed \ub4f1\uc5d0 \ub530\ub77c \uac10\uba74 \uc801\uc6a9.<\/li>\n\n\n\n<li><strong>Dauer<\/strong>: \ud1b5\uc0c1 2\ub144 \ub2e8\uc704, \uc694\uac74 \ucda9\uc871 \uc2dc <strong>\uc7ac\uacc4\uc57d \uc5f0\uc7a5<\/strong> \uac00\ub2a5.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Erforderliche Dokumente<\/strong>: \uc784\ub300\ucc28\uacc4\uc57d\uc11c(\ud655\uc815\uc77c\uc790), \uc8fc\ubbfc\ub4f1\ub85d\u00b7\uac00\uc871\uad00\uacc4, \uc18c\ub4dd\uc99d\ube59(\uadfc\ub85c\/\uc0ac\uc5c5\/\uae30\ud0c0), \uc7ac\uc9c1\/\uac74\ubcf4\ub0a9\ubd80, \uc9d1\uc8fc\uc778 \ub4f1\uae30 \uc0ac\ud56d \ub4f1.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"B_%EB%94%94%EB%94%A4%EB%8F%8C%EC%A3%BC%ED%83%9D%EA%B5%AC%EC%9E%85_%EB%8C%80%EC%B6%9C\"><\/span>B. \ub514\ub524\ub3cc(\uc8fc\ud0dd\uad6c\uc785) \ub300\ucd9c<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Zweck<\/strong>: \ubb34\uc8fc\ud0dd\uc790\uc758 <strong>\uc8fc\ud0dd \ub9e4\uc785 \uc790\uae08<\/strong>.<\/li>\n\n\n\n<li><strong>Ziel<\/strong>: \ubb34\uc8fc\ud0dd \uc138\ub300(\uc18c\ub4dd\u00b7\uc790\uc0b0\u00b7\uc8fc\ud0dd\uac00\uaca9 \uc0c1\ud55c \ucda9\uc871).<\/li>\n\n\n\n<li><strong>\ud575\uc2ec \ud2b9\uc9d5<\/strong>\n<ul class=\"wp-block-list\">\n<li><strong>\uc7a5\uae30 \ubd84\ud560\uc0c1\ud658<\/strong>(\uc6d0\ub9ac\uae08 \uade0\ub4f1 \ub4f1), <strong>\uace0\uc815\/\ud63c\ud569\uae08\ub9ac<\/strong> \uc120\ud0dd.<\/li>\n\n\n\n<li>LTV\u00b7DTI \ub4f1 <strong>\uc815\ucc45 \ud55c\ub3c4<\/strong> \uc801\uc6a9, \uc0dd\uc560\ucd5c\ucd08\/\uc2e0\ud63c\u00b7\ub2e4\uc790\ub140 <strong>\uc6b0\ub300\uae08\ub9ac<\/strong>.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Erforderliche Dokumente<\/strong>: \ub9e4\ub9e4\uacc4\uc57d\uc11c, \ub4f1\uae30\ubd80\/\uac74\ucd95\ubb3c\ub300\uc7a5, \uc18c\ub4dd\u00b7\uc7ac\uc9c1, \uc138\ub300\uc6d0 \uc804\uc6d0 \ubb34\uc8fc\ud0dd \ud655\uc778 \ub4f1.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"C_%EC%B2%AD%EB%85%84_%EC%A0%84%EC%9B%94%EC%84%B8_%EB%B3%B4%EC%A6%9D%EA%B8%88_%EB%8C%80%EC%B6%9C%EC%B2%AD%EB%85%84_%EC%A0%84%EC%9A%A9\"><\/span>C. \uccad\ub144 \uc804\uc6d4\uc138 \ubcf4\uc99d\uae08 \ub300\ucd9c(\uccad\ub144 \uc804\uc6a9)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Zweck<\/strong>: \uc0ac\ud68c\ucd08\ub144\uc0dd\u00b7\ub300\ud559\uc0dd\u00b7\uccad\ub144 1\uc778\uac00\uad6c <strong>\ubcf4\uc99d\uae08\/\uc6d4\uc138 \uc9c0\uc6d0<\/strong>.<\/li>\n\n\n\n<li><strong>\ud575\uc2ec \ud2b9\uc9d5<\/strong>\n<ul class=\"wp-block-list\">\n<li>\ub0ae\uc740 \uae08\ub9ac\/\ubcf4\uc99d\ub8cc \uc6b0\ub300, \uac04\ub2e8\ud55c \ub2f4\ubcf4(\ubcf4\uc99d \uc5f0\uacc4).<\/li>\n\n\n\n<li>\ubcf4\uc99d\uae08 \uc0c1\ud55c\u00b7\uc18c\ub4dd \uc694\uac74 \uc874\uc7ac, <strong>\uc804\uc785\u00b7\ud655\uc815\uc77c\uc790 \ud544\uc218<\/strong>.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"D_%EC%8B%A0%ED%98%BC%EB%B6%80%EB%B6%80%EA%B5%AC%EC%9E%85%EC%A0%84%EC%84%B8_%ED%8A%B9%ED%99%94\"><\/span>D. \uc2e0\ud63c\ubd80\ubd80(\uad6c\uc785\/\uc804\uc138) \ud2b9\ud654<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Zweck<\/strong>: \uacb0\ud63c\u00b7\ucd9c\uc0b0 \ucd08\uae30 \uc0dd\ud65c \uc548\uc815.<\/li>\n\n\n\n<li><strong>\ud575\uc2ec \ud2b9\uc9d5<\/strong>\n<ul class=\"wp-block-list\">\n<li><strong>\ud63c\uc778 \uae30\uac04\u00b7\uc790\ub140 \uc720\ubb34<\/strong>\uc5d0 \ub530\ub978 \uc6b0\ub300(\uae08\ub9ac\/\ud55c\ub3c4\/\ubcf4\uc99d).<\/li>\n\n\n\n<li>\uc2e0\ud63c\ubd80\ubd80\uc6a9 \uc804\uc138\/\uad6c\uc785 \ub77c\uc778\uc5c5(\ubc84\ud300\ubaa9\u00b7\ub514\ub524\ub3cc \ub0b4 \uc138\ubd80\uc0c1\ud488) \uc81c\uacf5.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><strong>\uacf5\ud1b5 \ud301<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u201c\ubb34\uc8fc\ud0dd, \uc18c\ub4dd\u00b7\uc790\uc0b0, \uc8fc\ud0dd\uac00\uaca9\/\ubcf4\uc99d\uae08 \uc0c1\ud55c, \uc804\uc785\u00b7\ud655\uc815\uc77c\uc790, \ubcf4\uc99d\uac00\uc785(HUG\/HF)\u201d\uc774 <strong>\uc2ec\uc0ac \ud575\uc2ec<\/strong>.<\/li>\n\n\n\n<li>\ucde8\uae09\uc740\ud589(\uad6d\ubbfc\/\uc2e0\ud55c\/\uc6b0\ub9ac\/\ub18d\ud611\/\uae30\uc5c5 \ub4f1) \ucc3d\uad6c\ub098 \ube44\ub300\uba74\uc73c\ub85c \uc811\uc218\ud558\ub418, <strong>\uae30\uae08e\ub4e0\ub4e0 \uc0ac\uc804\uc790\uaca9\u00b7\uc608\uc57d<\/strong> \u2192 \uc740\ud589 \ubcf8\uc2ec\uc0ac \uc21c\uc11c\uac00 \uac00\uc7a5 \ub9e4\ub044\ub7ec\uc6c0.<\/li>\n<\/ul>\n<\/blockquote>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5-2_%EC%A4%91%EC%86%8C%EA%B1%B4%EC%84%A4%C2%B7%EC%9E%84%EB%8C%80_%EC%82%AC%EC%97%85%EC%9E%90_%EB%8C%80%EC%83%81\"><\/span>5-2. \uc911\uc18c(\uac74\uc124\u00b7\uc784\ub300) \uc0ac\uc5c5\uc790 \ub300\uc0c1<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"A_%EC%9E%84%EB%8C%80%EC%A3%BC%ED%83%9D_%EA%B1%B4%EC%84%A4_%EC%9E%90%EA%B8%88%EA%B3%B5%EA%B3%B5%EC%A7%80%EC%9B%90%C2%B7%EC%9E%A5%EA%B8%B0%EC%9D%BC%EB%B0%98_%EB%AF%BC%EA%B0%84%EC%9E%84%EB%8C%80_%EB%93%B1\"><\/span>A. \uc784\ub300\uc8fc\ud0dd \uac74\uc124 \uc790\uae08(\uacf5\uacf5\uc9c0\uc6d0\u00b7\uc7a5\uae30\uc77c\ubc18 \ubbfc\uac04\uc784\ub300 \ub4f1)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\uc6a9\ub3c4<\/strong>: \ud1a0\uc9c0\ube44\u00b7\uacf5\uc0ac\ube44 \ub4f1 <strong>\uc784\ub300\uc8fc\ud0dd \uac74\uc124\ube44 \uc735\uc790<\/strong>.<\/li>\n\n\n\n<li><strong>\uc9d1\ud589<\/strong>: \uacf5\uc815\ub960\uc5d0 \ub530\ub77c <strong>\ud68c\ucc28\ubcc4 \uc9d1\ud589(\uac10\ub9ac\/\uc99d\ube59 \ud544\uc218)<\/strong>.<\/li>\n\n\n\n<li><strong>\uc2ec\uc0ac \ud3ec\uc778\ud2b8<\/strong>\n<ul class=\"wp-block-list\">\n<li>\uc0ac\uc5c5\uacc4\ud68d\u00b7\uc778\ud5c8\uac00 \ud655\uc815\uc131, \uc784\ub300\uc218\uc694\/\uc784\ub300\ub8cc \uc801\uc815\uc131,<\/li>\n\n\n\n<li>\uc790\uae30\uc790\ubcf8 \ud22c\uc785\ub960, \uc2dc\uacf5\uc0ac \uc5ed\ub7c9, <strong>\ubcf4\uc99d \uc5f0\uacc4(HUG \ub4f1)<\/strong>,<\/li>\n\n\n\n<li>\ub2f4\ubcf4\u00b7\uc790\uae08\uad00\ub9ac(\uc5d0\uc2a4\ud06c\ub85c) \uad6c\uc870.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"B_%EC%86%8C%EA%B7%9C%EB%AA%A8%EC%A3%BC%ED%83%9D%EC%A0%95%EB%B9%84%EC%82%AC%EC%97%85_%EC%9C%B5%EC%9E%90%EA%B0%80%EB%A1%9C%C2%B7%EC%9E%90%EC%9C%A8%C2%B7%EC%86%8C%EA%B7%9C%EB%AA%A8%EC%9E%AC%EA%B1%B4%EC%B6%95\"><\/span>B. \uc18c\uaddc\ubaa8\uc8fc\ud0dd\uc815\ube44\uc0ac\uc5c5 \uc735\uc790(\uac00\ub85c\u00b7\uc790\uc728\u00b7\uc18c\uaddc\ubaa8\uc7ac\uac74\ucd95)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\uc6a9\ub3c4<\/strong>: \ub178\ud6c4 \uc8fc\uac70\uc9c0 <strong>\uc18c\uaddc\ubaa8 \uc815\ube44<\/strong> \ube44\uc6a9(\ud1a0\uc9c0\u00b7\uacf5\uc0ac\u00b7\uc6b4\uc601).<\/li>\n\n\n\n<li><strong>Eigenschaften<\/strong>: \uacf5\uacf5\uc131\u00b7\uc8fc\uac70\ud658\uacbd \uac1c\uc120 \ud6a8\uacfc \ubc18\uc601, <strong>\uae08\ub9ac\u00b7\ubcf4\uc99d \uc6b0\ub300<\/strong> \uac00\ub2a5.<\/li>\n\n\n\n<li><strong>\uc2ec\uc0ac<\/strong>: \uc870\ud569\/\uc2dc\ud589 \ubc95\uc778\uc758 \uc0ac\uc5c5\uc131, \uc778\ud5c8\uac00 \uc9c4\ud589\ub3c4, \uc8fc\ubbfc \ub3d9\uc758\uc728, \ubd84\uc591\uc131\/\uc784\ub300\uc131.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"C_%EB%A7%A4%EC%9E%85%C2%B7%EB%A6%AC%EB%AA%A8%EB%8D%B8%EB%A7%81_%EC%9E%84%EB%8C%80_%EB%B0%8F_%EB%8F%84%EC%8B%9C%EC%9E%AC%EC%83%9D_%EA%B4%80%EB%A0%A8_%EC%9C%B5%EC%9E%90\"><\/span>C. \ub9e4\uc785\u00b7\ub9ac\ubaa8\ub378\ub9c1 \uc784\ub300 \ubc0f \ub3c4\uc2dc\uc7ac\uc0dd \uad00\ub828 \uc735\uc790<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\uc6a9\ub3c4<\/strong>: \ub178\ud6c4 \uc8fc\ud0dd\u00b7\uc0c1\uac00 <strong>\ub9e4\uc785 \ud6c4 \ub9ac\ubaa8\ub378\ub9c1\/\uc784\ub300<\/strong>, \uc0dd\ud65cSOC \ub4f1.<\/li>\n\n\n\n<li><strong>Eigenschaften<\/strong>: \uc9c0\uc5ed \ud65c\uc131\ud654\u00b7\uacf5\uacf5\uc131 \uc694\uac74 \ucda9\uc871 \uc2dc <strong>\uc6b0\ub300 \uc870\uac74<\/strong>.<\/li>\n\n\n\n<li><strong>\uc2ec\uc0ac<\/strong>: \uc9c0\uc5ed \uc218\uc694, \ub9ac\ubaa8\ub378\ub9c1 \ubc94\uc704\u00b7\uc608\uc0b0\uc758 \ud0c0\ub2f9\uc131, \uc6b4\uc601\uacc4\ud68d(\uc784\ub300\ub8cc\u00b7\uacf5\uc2e4 \uac00\uc815), LTV\/LTC\u00b7\ud604\uae08\ud750\ub984.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"D_%EC%BC%80%EC%9D%B4%EC%8A%A4%EB%B3%84_%EA%B8%B0%EA%B8%88_%EB%A6%AC%EC%B8%A0%EC%B6%9C%EC%9E%90%C2%B7%EB%B3%B4%EC%A6%9D_%EC%97%B0%EA%B3%84\"><\/span>D. (\ucf00\uc774\uc2a4\ubcc4) \uae30\uae08 \ub9ac\uce20\/\ucd9c\uc790\u00b7\ubcf4\uc99d \uc5f0\uacc4<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\uad6c\uc870<\/strong>: \ub9ac\uce20\u00b7SPC\ub97c \ud1b5\ud55c <strong>\uae30\uae08 \ucd9c\uc790\/\uc735\uc790<\/strong>\ub85c \uc790\ubcf8\u00b7\ubd80\ucc44 \ud63c\ud569 \uc870\ub2ec.<\/li>\n\n\n\n<li><strong>\uc7a5\uc810<\/strong>: \ub808\ubc84\ub9ac\uc9c0\u00b7\uc790\uae08\uc870\ub2ec \ub2e4\ubcc0\ud654, \uacf5\uacf5\uc131 \uc5f0\ub3d9.<\/li>\n\n\n\n<li><strong>\uc694\uac74<\/strong>: \uc0ac\uc5c5 \uc548\uc815\uc131, \uacf5\uacf5\uc131 \uc9c0\ud45c, \uc9c0\uc790\uccb4\/\uacf5\uacf5\uae30\uad00 \ud611\uc5c5 \uad6c\uc870.<\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><strong>\uc0ac\uc5c5\uc790 \uacf5\ud1b5 \uccb4\ud06c\ub9ac\uc2a4\ud2b8<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\uc11c\ub958<\/strong>: \uc0ac\uc5c5\uacc4\ud68d\uc11c\u00b7\uc0ac\uc5c5\uc218\uc9c0\ud45c(\uc6d4\ubcc4 \uce90\uc2dc\ud50c\ub85c), \uc778\ud5c8\uac00\u00b7\uc6a9\uc801\/\uc6a9\ub3c4, \uc124\uacc4\ub3c4\uc11c\u00b7\ub0b4\uc5ed\uc11c, \ub3c4\uae09\uacc4\uc57d\uc11c, \uacf5\uc815\ud45c, \ub2f4\ubcf4\u00b7\ubcf4\uc99d \ud328\ud0a4\uc9c0(HUG\/\uc2e0\ud0c1\/\uadfc\uc800\ub2f9\/\uc9c8\uad8c), \ubc95\uc778 \uc7ac\ubb34\u00b7\uc8fc\uc8fc\uba85\ubd80.<\/li>\n\n\n\n<li><strong>\uc2ec\uc0ac \uae30\uc900<\/strong>: LTV\u00b7LTC, \uc784\ub300\/\ubd84\uc591 \uc218\uc694, \uc790\uae30\uc790\ubcf8 \ube44\uc728, \uacf5\uc815\u00b7\uc6d0\uac00 \ud1b5\uc81c, <strong>Exit(\uc6b4\uc601\uc218\uc775\/\ub300\ud658\/\ub9e4\uac01)<\/strong> \ud655\uc2e4\uc131.<\/li>\n\n\n\n<li><strong>\uc9d1\ud589<\/strong>: \uac10\ub9ac\ubcf4\uace0\u00b7\uc138\uae08\uacc4\uc0b0\uc11c \ub4f1 <strong>\uc99d\ube59\uc5d0 \uae30\ubc18\ud55c \ud68c\ucc28 \uc9d1\ud589<\/strong>, \ud604\uae08\ud750\ub984 <strong>\uc6cc\ud130\ud3f4<\/strong> \uad00\ub9ac.<\/li>\n<\/ul>\n<\/blockquote>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5-3_%EC%8B%A0%EC%B2%AD_%EC%A0%88%EC%B0%A8%EA%B0%9C%EC%9D%B8%EC%82%AC%EC%97%85%EC%9E%90_%EA%B3%B5%ED%86%B5_%ED%9D%90%EB%A6%84\"><\/span>5-3. \uc2e0\uccad \uc808\ucc28(\uac1c\uc778\/\uc0ac\uc5c5\uc790 \uacf5\ud1b5 \ud750\ub984)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>\uc0ac\uc804\uc790\uaca9 \ud655\uc778<\/strong>: \uae30\uae08e\ub4e0\ub4e0\uc5d0\uc11c \uc790\uaca9\u00b7\ud544\uc218\uc694\uac74 \uc810\uac80<\/li>\n\n\n\n<li><strong>\uc811\uc218<\/strong>\n<ul class=\"wp-block-list\">\n<li>\uac1c\uc778: \uae30\uae08e\ub4e0\ub4e0 \uc0ac\uc804\uc608\uc57d \u2192 \ucde8\uae09\uc740\ud589 \ubcf8\uc2ec\uc0ac<\/li>\n\n\n\n<li>\uc0ac\uc5c5\uc790: \uae30\uae08\u00b7HUG \ud611\uc5c5 \ucc3d\uad6c \ub610\ub294 \uc9c0\uc815 \uae08\uc735\uae30\uad00\uc5d0 \uc0ac\uc5c5\uc11c\ub958 \uc811\uc218<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>\uc2ec\uc0ac\/\uac10\uc815<\/strong>: \uc790\uaca9\u00b7\ub2f4\ubcf4\u00b7\uc0ac\uc5c5\uc131\u00b7\ubcf4\uc99d \uc5f0\uacc4 \uccb4\ud06c<\/li>\n\n\n\n<li><strong>\uc57d\uc815\/\ubcf4\uc99d\/\ub2f4\ubcf4 \uc124\uc815<\/strong><\/li>\n\n\n\n<li><strong>\uc9d1\ud589<\/strong>: \uac1c\uc778\uc740 \uc77c\uad04 \uc9d1\ud589, \uc0ac\uc5c5\uc790\ub294 \uacf5\uc815\ub960 <strong>\ubd84\ud560 \uc9d1\ud589<\/strong><\/li>\n\n\n\n<li><strong>\uc0c1\ud658\/\uc5f0\uc7a5<\/strong>: \uc57d\uc815 \uc870\uac74\uc5d0 \ub530\ub77c \ubd84\ud560\uc0c1\ud658\u00b7\ub9cc\uae30\uc5f0\uc7a5\u00b7\ub300\ud658<\/li>\n<\/ol>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">5-4. \uc720\uc758\uc0ac\ud56d & \ud301<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\uc694\uac74\u00b7\uae08\ub9ac\u00b7\ud55c\ub3c4\ub294 \uc0c1\uc2dc \uac1c\ud3b8<\/strong>: \uc2e4\uc81c \uc2e0\uccad \uc9c1\uc804\uc5d0 <strong>\uae30\uae08e\ub4e0\ub4e0<\/strong> \uacf5\uace0\/\uc548\ub0b4\ubb38\uacfc <strong>\ucde8\uae09\uc740\ud589<\/strong> \uae30\uc900\uc744 \uaf2d \ud655\uc778.<\/li>\n\n\n\n<li><strong>\ubcf4\uc99d \uc5f0\uacc4<\/strong>: \uc804\uc138\/\uc784\ub300\/\uc0ac\uc5c5\uc790\uae08\uc740 HUG\/HF \ub4f1 <strong>\ubcf4\uc99d\uc0c1\ud488<\/strong>\uc744 \ud568\uaed8 \uc694\uad6c\ud558\ub294 \uc0ac\ub840\uac00 \ub9ce\uc74c.<\/li>\n\n\n\n<li><strong>\uc77c\uc815 \uad00\ub9ac<\/strong>: \uc804\uc785\/\ud655\uc815\uc77c\uc790, \uc794\uae08\uc77c, \uacf5\uc815\ud45c\uc640 <strong>\ub300\ucd9c \uc2e4\ud589\uc77c<\/strong>\uc744 \uc815\ud655\ud788 \ub9de\ucdb0\uc57c \ubd88\ud544\uc694\ud55c \uc774\uc790\u00b7\uc218\uc218\ub8cc\ub97c \uc904\uc77c \uc218 \uc788\uc74c.<\/li>\n\n\n\n<li><strong>\ucd1d\ube44\uc6a9 \uad00\uc810<\/strong>: \uae08\ub9ac\ubfd0 \uc544\ub2c8\ub77c <strong>\ubcf4\uc99d\ub8cc\u00b7\ucde8\uae09\uc218\uc218\ub8cc\u00b7\uc124\uc815\/\ub9d0\uc18c\ube44\u00b7\uac10\uc815\ube44<\/strong>\uae4c\uc9c0 \ud569\uc0b0\ud574 \ube44\uad50.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"6_%EC%82%AC%EC%97%85%EC%9E%90_%EB%8C%80%EC%B6%9C\"><\/span>6. <strong>\uc0ac\uc5c5\uc790 \ub300\ucd9c<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\uac74\ucd95\uc744 <strong>\uc784\ub300\u00b7\ubd84\uc591 \ubaa9\uc801\uc73c\ub85c \uc9c4\ud589<\/strong>\ud560 \uacbd\uc6b0.<\/li>\n\n\n\n<li>\uac1c\uc778\uc0ac\uc5c5\uc790\/\ubc95\uc778\uc0ac\uc5c5\uc790 \ub4f1\ub85d \ud6c4 \uc2e0\uc6a9+\ub2f4\ubcf4 \uae30\ubc18 \ub300\ucd9c.<\/li>\n\n\n\n<li><strong>Erforderliche Dokumente<\/strong>: \uc0ac\uc5c5\uc790\ub4f1\ub85d\uc99d, \uac74\ucd95\ud5c8\uac00\uc11c, \uc138\ubb34\uc790\ub8cc \ub4f1.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"6-1_%ED%95%B5%EC%8B%AC_%EA%B0%9C%EB%85%90%EA%B3%BC_%EB%B6%84%EB%A5%98\"><\/span>6-1. \ud575\uc2ec \uac1c\ub150\uacfc \ubd84\ub958<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\uc6a9\ub3c4 \uae30\uc900<\/strong>\n<ul class=\"wp-block-list\">\n<li><strong>\uc6b4\uc804\uc790\uae08<\/strong>: \uc7ac\uace0\ub9e4\uc785, \uc778\uac74\ube44, \uc784\ucc28\ub8cc, \uc138\uae08, \ub9c8\ucf00\ud305 \ub4f1 <strong>\uc77c\uc0c1 \uc6b4\uc601\ube44<\/strong>.<\/li>\n\n\n\n<li><strong>\uc2dc\uc124\uc790\uae08<\/strong>: \uae30\uacc4\/\uc7a5\ube44, \uacf5\uc7a5\u00b7\ub9e4\uc7a5 \uc778\ud14c\ub9ac\uc5b4, \ucc28\ub7c9, IT\uc124\ube44 \ub4f1 <strong>\ud22c\uc790\u00b7\ud655\uc7a5 \ube44\uc6a9<\/strong>.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>\uc790\uae08 \uc18c\uc2a4 \uae30\uc900<\/strong>\n<ul class=\"wp-block-list\">\n<li><strong>\uc77c\ubc18 \uc740\ud589 \uc2e0\uc6a9\/\ub2f4\ubcf4\ub300\ucd9c<\/strong>(\uae30\uc5c5\ud55c\ub3c4, \ub9c8\uc774\ub108\uc2a4\ud1b5\uc7a5\ud615, \ubd84\ud560\uc0c1\ud658\ud615)<\/li>\n\n\n\n<li><strong>\ubcf4\uc99d\ubd80 \uc815\ucc45\uae08\uc735<\/strong>: <strong>\uc2e0\uc6a9\ubcf4\uc99d\uae30\uae08\u00b7\uae30\uc220\ubcf4\uc99d\uae30\uae08\u00b7\uc9c0\uc5ed \uc2e0\uc6a9\ubcf4\uc99d\uc7ac\ub2e8<\/strong> \ubcf4\uc99d\uc11c \uae30\ubc18 \uc740\ud589 \ub300\ucd9c<\/li>\n\n\n\n<li><strong>\uc804\uc6a9 \uc0c1\ud488<\/strong>: <strong>\ub9e4\ucd9c\ucc44\uad8c\u00b7\uce74\ub4dc\/\ud50c\ub7ab\ud3fc \uc815\uc0b0\uae08 \ub2f4\ubcf4<\/strong>, <strong>\ub3d9\uc0b0\u00b7IP \ub2f4\ubcf4<\/strong>, <strong>\ub9ac\uc2a4\/\ud560\ubd80<\/strong>, <strong>\uc218\ucd9c\uc785\uae08\uc735(L\/C, \uc5b4\uc74c\ub9e4\uc785)<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"6-2_%EB%8B%B4%EB%B3%B4%EB%B3%B4%EC%A6%9D_%EC%9C%A0%ED%98%95\"><\/span>6-2. \ub2f4\ubcf4\/\ubcf4\uc99d \uc720\ud615<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\ubd80\ub3d9\uc0b0 \ub2f4\ubcf4<\/strong>(\uadfc\uc800\ub2f9), <strong>\uc608\u00b7\uc801\uae08 \ub2f4\ubcf4<\/strong>, <strong>\uae30\uacc4\u00b7\uc7ac\uace0(\ub3d9\uc0b0) \ub2f4\ubcf4<\/strong>, <strong>\uc9c0\uc2dd\uc7ac\uc0b0\uad8c(IP) \ub2f4\ubcf4(\uae30\ubcf4)<\/strong><\/li>\n\n\n\n<li><strong>\ubcf4\uc99d\uc11c \ub2f4\ubcf4<\/strong>: \uc2e0\ubcf4\/\uae30\ubcf4\/\uc2e0\uc6a9\ubcf4\uc99d\uc7ac\ub2e8 \ubcf4\uc99d\ub960(\uc608: 70~95%)\uc5d0 \ub530\ub77c \ud55c\ub3c4\u00b7\uae08\ub9ac \uc6b0\ub300<\/li>\n\n\n\n<li><strong>\ub9e4\ucd9c \uc5f0\ub3d9<\/strong>: \uce74\ub4dc\uc0ac\/PG\/\ud50c\ub7ab\ud3fc \uc815\uc0b0\ub300\uae08\uc5d0 \uc9c8\uad8c \uc124\uc815(\uc815\uc0b0\ub300\uae08 \ub2f4\ubcf4 \ub300\ucd9c, \ub9e4\ucd9c\uc5f0\ub3d9 \uc0c1\ud658)<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"6-3_%ED%95%9C%EB%8F%84_%EC%82%B0%EC%A0%95_%EB%A1%9C%EC%A7%81%EC%8B%A4%EB%AC%B4_%EA%B0%90%EA%B0%81\"><\/span>6-3. \ud55c\ub3c4 \uc0b0\uc815 \ub85c\uc9c1(\uc2e4\ubb34 \uac10\uac01)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\uc6b4\uc804\uc790\uae08<\/strong>: \ucd5c\uadfc <strong>\ub9e4\ucd9c\/\uce74\ub4dc\ub9e4\ucd9c\/\uc804\uc790\uc138\uae08\uacc4\uc0b0\uc11c<\/strong> \uae30\ubc18. \uc5c5\ub825\u00b7\uc2e0\uc6a9\ub3c4\u00b7\ubd80\ucc44\ube44\uc728 \ubc18\uc601.<\/li>\n\n\n\n<li><strong>\uc2dc\uc124\uc790\uae08<\/strong>: <strong>\uacac\uc801\uc11c\/\uacc4\uc57d\uc11c<\/strong>\uc640 \uac10\uc815\uac00\ub97c \uae30\uc900\uc73c\ub85c <strong>\ucd1d\ud22c\uc790\ube44\uc758 70~90%<\/strong> \ubc94\uc704(\ub2f4\ubcf4\u00b7\ubcf4\uc99d \ub530\ub77c \ucc28\uc774).<\/li>\n\n\n\n<li><strong>\ubcf4\uc99d\ubd80 \ub300\ucd9c<\/strong>: \uae30\uad00\uc774 \uc0b0\ucd9c\ud55c <strong>\ubcf4\uc99d\uac00\ub2a5 \ud55c\ub3c4<\/strong> \ub0b4(\ud1b5\uc0c1 <strong>\ub9e4\ucd9c\u00b7\uc790\uc0b0\u00b7\uc2e0\uc6a9\ub4f1\uae09<\/strong>\uc73c\ub85c \uc0b0\uc815).<\/li>\n\n\n\n<li><strong>\ub2f4\ubcf4\ud615<\/strong>: <code>\ub2f4\ubcf4\uac00\uce58 \u00d7 \uc778\uc815LTV \u2212 \uc120\uc21c\uc704\ucc44\uad8c<\/code>.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"6-4_%EA%B8%88%EB%A6%AC%C2%B7%EB%B9%84%EC%9A%A9_%EA%B5%AC%EC%A1%B0\"><\/span>6-4. \uae08\ub9ac\u00b7\ube44\uc6a9 \uad6c\uc870<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\uc740\ud589 \u2192 \uce90\ud53c\ud0c8 \u2192 \uc800\ucd95\uc740\ud589<\/strong> \uc21c\uc73c\ub85c \uc77c\ubc18\uc801\uc73c\ub85c \uae08\ub9ac \uc0c1\uc2b9\/\uc2ec\uc0ac \uc644\ud654.<\/li>\n\n\n\n<li><strong>\ubcf4\uc99d\ubd80<\/strong>\ub294 \ubcf4\uc99d\ub8cc\uac00 \ucd94\uac00\ub418\uc9c0\ub9cc <strong>\uae08\ub9ac \uc6b0\ub300<\/strong>\uac00 \ucee4\uc11c \ucd1d\ube44\uc6a9\uc774 \ub0ae\uc544\uc9c0\ub294 \uacbd\uc6b0\uac00 \ub9ce\uc74c.<\/li>\n\n\n\n<li>\ubd80\ub300\ube44\uc6a9: \uc778\uc9c0\uc138, \uac10\uc815\/\uc124\uc815\/\ub9d0\uc18c\ube44, \uc911\ub3c4\uc0c1\ud658\uc218\uc218\ub8cc, \ubcf4\uc99d\ub8cc.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"6-5_%EA%B8%88%EC%9C%B5%EA%B6%8C%EC%9D%B4_%EB%B3%B4%EB%8A%94_%EC%8B%AC%EC%82%AC_%ED%8F%AC%EC%9D%B8%ED%8A%B8\"><\/span>6-5. \uae08\uc735\uad8c\uc774 \ubcf4\ub294 \uc2ec\uc0ac \ud3ec\uc778\ud2b8<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>\uc7ac\ubb34\u00b7\ud604\uae08\ud750\ub984<\/strong>: \uc7ac\ubb34\uc81c\ud45c(\ub610\ub294 \uac04\ud3b8\uc7a5\ubd80), \ubd80\uac00\uc138 \uc2e0\uace0, \uce74\ub4dc\ub9e4\ucd9c \ud750\ub984, \uc774\uc790\ubcf4\uc0c1\ubc30\uc728, \ubd80\ucc44\ube44\uc728<\/li>\n\n\n\n<li><strong>\uc138\uae08\u00b74\ub300\ubcf4\ud5d8<\/strong>: <strong>\uad6d\uc138\u00b7\uc9c0\ubc29\uc138 \uccb4\ub0a9<\/strong> \uc5ec\ubd80, \uccb4\ub0a9 \uc2dc \ubcf4\uc99d\u00b7\ub300\ucd9c \uac70\uc758 \ubd88\uac00<\/li>\n\n\n\n<li><strong>\ub300\ud45c\uc790 \uc2e0\uc6a9<\/strong>: \uac1c\uc778 CB\ub4f1\uae09, \uc5f0\uccb4\/\uc5f0\ub300\ubcf4\uc99d \uc774\ub825<\/li>\n\n\n\n<li><strong>\uc0ac\uc5c5\uc548\uc815\uc131<\/strong>: \uc5c5\ub825\u00b7\uac70\ub798\ucc98 \uc9d1\uc911\ub3c4, \uc785\uc9c0\u00b7\uc784\ub300\ucc28\uacc4\uc57d, \uc5c5\uc885 \ub9ac\uc2a4\ud06c<\/li>\n\n\n\n<li><strong>\ub2f4\ubcf4\u00b7\ubcf4\uc99d<\/strong>: \ub2f4\ubcf4\uac00\uce58\u00b7\uc6b0\uc120\uc21c\uc704, \ubcf4\uc99d\uae30\uad00 \uc801\uaca9\uc131<\/li>\n\n\n\n<li><strong>\ubaa9\uc801 \ud0c0\ub2f9\uc131<\/strong>: \uc2dc\uc124\uc790\uae08\uc740 <strong>\uacac\uc801\u00b7\uacc4\uc57d\u00b7\ub3c4\uc785\ud6a8\uacfc<\/strong>, \uc6b4\uc804\uc790\uae08\uc740 <strong>\ub9e4\uc785\u00b7\ub9e4\ucd9c \uc99d\ube59<\/strong>\uc774 \ud575\uc2ec<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"6-6_%ED%95%84%EC%9A%94%EC%84%9C%EB%A5%98_%EC%B2%B4%ED%81%AC%EB%A6%AC%EC%8A%A4%ED%8A%B8\"><\/span>6-6. \ud544\uc694\uc11c\ub958 \uccb4\ud06c\ub9ac\uc2a4\ud2b8<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>\uacf5\ud1b5<\/strong>: \uc0ac\uc5c5\uc790\ub4f1\ub85d\uc99d, \uc784\ub300\ucc28\uacc4\uc57d\uc11c(\uc0ac\uc5c5\uc7a5), \uc2e0\ubd84\/\ubc95\uc778\ub4f1\uae30, \uc778\uac10(\uc99d\uba85), \ud1b5\uc7a5\uc0ac\ubcf8<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\uc7ac\ubb34\/\uc138\ubb34<\/strong>: \ucd5c\uadfc 2~3\uac1c\ub144 \uc7ac\ubb34\uc81c\ud45c \ub610\ub294 \uac04\ud3b8\uc7a5\ubd80, \ubd80\uac00\uc138 \uc2e0\uace0\uc11c, \uc18c\ub4dd\uae08\uc561\uc99d\uba85, \uc6d0\ucc9c\/4\ub300\ubcf4\ud5d8 \ub0a9\ubd80<\/li>\n\n\n\n<li><strong>\ub9e4\ucd9c \uc99d\ube59<\/strong>: \uc804\uc790\uc138\uae08\uacc4\uc0b0\uc11c \ud569\uacc4\ud45c, \uce74\ub4dc\ub9e4\ucd9c \ub0b4\uc5ed, \ud50c\ub7ab\ud3fc \uc815\uc0b0\ub0b4\uc5ed(PG\u00b7\ubc30\ub2ec\uc571 \ub4f1)<\/li>\n\n\n\n<li><strong>\uc2dc\uc124\uc790\uae08<\/strong>: \uacac\uc801\uc11c\u00b7\uacc4\uc57d\uc11c\u00b7\uce74\ud0c8\ub85c\uadf8, \uacf5\uc0ac\uacc4\uc57d\uc11c, \uc0ac\uc9c4, \ub3c4\uc785 \uc804\/\ud6c4 \uacc4\ud68d<\/li>\n\n\n\n<li><strong>\ub2f4\ubcf4\/\ubcf4\uc99d<\/strong>: \ub4f1\uae30\ubd80\ub4f1\ubcf8, \uac10\uc815\/\uc2dc\uc138\uc790\ub8cc, \ubcf4\uc99d\uc11c \uc2e0\uccad\uc11c\ub958(\uc0ac\uc5c5\uacc4\ud68d\u00b7\ud604\uae08\ud750\ub984\ud45c)<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"6-7_%EC%A0%88%EC%B0%A8%C2%B7%ED%83%80%EC%9E%84%EB%9D%BC%EC%9D%B8%ED%91%9C%EC%A4%80\"><\/span>6-7. \uc808\ucc28\u00b7\ud0c0\uc784\ub77c\uc778(\ud45c\uc900)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>\uc0ac\uc804 \uc0c1\ub2f4\u00b7\uac00\uc2ec\uc0ac<\/strong>(\ud55c\ub3c4\u00b7\uae08\ub9ac \uac00\ub2a0)<\/li>\n\n\n\n<li><strong>\uc11c\ub958 \uc811\uc218 \u2192 \uc2ec\uc0ac<\/strong>(\ud604\uc7a5\uc2e4\uc0ac\/\uc804\ud654 \ud655\uc778 \ud3ec\ud568)<\/li>\n\n\n\n<li><strong>\uc57d\uc815\u00b7\ub2f4\ubcf4\/\ubcf4\uc99d \uc124\uc815<\/strong><\/li>\n\n\n\n<li><strong>\ub300\ucd9c \uc2e4\ud589<\/strong>(\uc2dc\uc124\uc790\uae08\uc740 \uacf5\uae09\uc0ac \ub300\uae08\uc9c0\uae09 \ubc29\uc2dd\uc774 \ud754\ud568)<\/li>\n\n\n\n<li><strong>\uc0ac\ud6c4\uad00\ub9ac<\/strong>(\uc7ac\ubb34\uc790\ub8cc \uc81c\ucd9c, \ub9e4\ucd9c\u00b7\uc138\uae08 \uc131\uc2e4\uc2e0\uace0 \uc720\uc9c0)<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"6-8_%EC%BC%80%EC%9D%B4%EC%8A%A4%EB%B3%84_%EB%A7%9E%EC%B6%A4_%EC%A1%B0%ED%95%A9\"><\/span>6-8. \ucf00\uc774\uc2a4\ubcc4 \ub9de\ucda4 \uc870\ud569<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\ub9e4\uc785\u00b7\uc7ac\uace0\uac00 \uae09\ud55c \uc18c\ub9e4\/\uc678\uc2dd<\/strong>: \uc9c0\uc5ed <strong>\uc2e0\uc6a9\ubcf4\uc99d\uc7ac\ub2e8 \ubcf4\uc99d + \uc740\ud589 \uc6b4\uc804\uc790\uae08<\/strong> \/ <strong>\uce74\ub4dc\ub9e4\ucd9c \ub2f4\ubcf4 \ub9c8\ud1b5<\/strong><\/li>\n\n\n\n<li><strong>\uc7a5\ube44\u00b7\uc778\ud14c\ub9ac\uc5b4 \ub3c4\uc785<\/strong>: <strong>\uc2dc\uc124\uc790\uae08(\ub9ac\uc2a4\/\ud560\ubd80) + \ubcf4\uc99d\ubd80 \uc2dc\uc124\ub300\ucd9c<\/strong> \ubcd1\ud589<\/li>\n\n\n\n<li><strong>IT\u00b7\ud50c\ub7ab\ud3fc(\ubb34\ud615\uc704\uc8fc)<\/strong>: <strong>\uae30\uc220\ubcf4\uc99d\uae30\uae08 \ubcf4\uc99d + \uc6b4\uc601\uc790\uae08<\/strong>, <strong>\ub9e4\ucd9c\uc815\uc0b0 \ub2f4\ubcf4<\/strong> \ubcd1\ud589<\/li>\n\n\n\n<li><strong>\uc81c\uc870\u00b7\uc218\ucd9c<\/strong>: <strong>\uad6c\ub9e4\uc790\uae08\/\uc6d0\uc7ac\ub8cc \ub9e4\uc785\uc790\uae08<\/strong>, <strong>\uc218\ucd9c L\/C\u00b7\uc5b4\uc74c\ub9e4\uc785\u00b7\uc218\ucd9c\ubcf4\uc99d\ubcf4\ud5d8<\/strong><\/li>\n\n\n\n<li><strong>\uac74\uc124\u00b7\uc2dc\uacf5<\/strong>: <strong>\uc120\uae09\uae08\u00b7\ud558\ub3c4\uae09 \ub300\uae08 \ub2f4\ubcf4 \uc6b4\uc804\uc790\uae08<\/strong>, \uacf5\uc0ac\uc774\ud589\u00b7\uc120\uae08\ubcf4\uc99d \uc5f0\uacc4<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"6-9_%EC%8A%B9%EC%9D%B8%EB%A5%A0_%EB%86%92%EC%9D%B4%EB%8A%94_%EC%8B%A4%EB%AC%B4_%ED%8C%81\"><\/span>6-9. \uc2b9\uc778\ub960 \ub192\uc774\ub294 \uc2e4\ubb34 \ud301<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\uad6d\uc138\u00b7\uc9c0\ubc29\uc138 \uc644\ub0a9<\/strong> \uc99d\uba85 \uc900\ube44(\uccb4\ub0a9 \uc788\uc73c\uba74 \uc120\ud574\uacb0)<\/li>\n\n\n\n<li><strong>\ub9e4\ucd9c\uc758 \u2018\uc9c0\uc18d\uc131\u2019<\/strong> \ubcf4\uc5ec\uc8fc\uae30: \uc6d4\ubcc4 \uce74\ub4dc\u00b7\uc815\uc0b0 \uadf8\ub798\ud504, \uc8fc\uc694 \uac70\ub798\ucc98 \uacc4\uc57d\uc11c<\/li>\n\n\n\n<li><strong>\uc2dc\uc124\uc790\uae08\uc740 \u2018\ud6a8\uc728\u00b7\ub9e4\ucd9c\uc99d\uac00\u2019 \ub17c\ub9ac<\/strong>: \ub3c4\uc785 \uc804\/\ud6c4 \uc218\uc9c0\ud45c, \ud68c\uc218\uae30\uac04(ROI) \uc81c\uc2dc<\/li>\n\n\n\n<li><strong>\ub300\ud45c\uc790 \uac1c\uc778 \uc2e0\uc6a9\u00b7\ubd80\ucc44 \uad00\ub9ac<\/strong>: \ud604\uae08\uc11c\ube44\uc2a4\/\uce74\ub4dc\ub860 \ucd95\uc18c, \uc5f0\uccb4 \uc774\ub825 \uc815\ub9ac<\/li>\n\n\n\n<li><strong>\ubcf4\uc99d\ubd80 \uc6b0\uc120 \ud0d0\uc0c9<\/strong>: \uc2e0\ubcf4\/\uae30\ubcf4\/\uc2e0\uc6a9\ubcf4\uc99d\uc7ac\ub2e8 \uc0ac\uc804\uc0c1\ub2f4\uc73c\ub85c <strong>\ubcf4\uc99d\uac00\ub2a5 \ud55c\ub3c4<\/strong> \ud655\uc778 \ud6c4 \uc740\ud589 \ud611\uc0c1<\/li>\n\n\n\n<li><strong>\ubcf5\uc218 \uc81c\uc548\uc11c \ube44\uad50<\/strong>: \uae08\ub9ac\ub9cc \ubcf4\uc9c0 \ub9d0\uace0 <strong>\ucd1d\ube44\uc6a9(TCO)<\/strong> \ube44\uad50(\ubcf4\uc99d\ub8cc\u00b7\uc124\uc815\/\ub9d0\uc18c\u00b7\uc911\ub3c4\uc218\uc218\ub8cc)<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"6-10_%ED%9D%94%ED%95%9C_%EB%A6%AC%EC%8A%A4%ED%81%AC%EA%B1%B0%EC%A0%88_%EC%82%AC%EC%9C%A0\"><\/span>6-10. \ud754\ud55c \ub9ac\uc2a4\ud06c\/\uac70\uc808 \uc0ac\uc720<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\uccb4\ub0a9\/\uc5f0\uccb4<\/strong> \uc774\ub825, \uc7ac\ubb34 \uae09\uc545\ud654, \uc18c\ub4dd\u00b7\ub9e4\ucd9c \uc99d\ube59 \ubd80\uc7ac<\/li>\n\n\n\n<li><strong>\uacfc\ub3c4\ud55c \ucc28\uc785 \uc758\uc874\ub3c4<\/strong>, \ud0c0\uae30\uad00 \uc5f0\uc18d \ub300\ud658(\ub864\ub9c1)<\/li>\n\n\n\n<li><strong>\ub2f4\ubcf4 \ud558\uc790<\/strong>(\uc120\uc21c\uc704 \uacfc\ub2e4, \uad8c\ub9ac\ubd84\uc7c1), \uc5c5\uc885 \ud55c\ub3c4 \uc81c\ud55c<\/li>\n\n\n\n<li><strong>\uc2dc\uc124\uc790\uae08 \ubaa9\uc801 \ubd88\uba85\ud655<\/strong>, \uacac\uc801\uc11c\u00b7\uacc4\uc57d\uc11c \ubd88\uc77c\uce58<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"6-11_%EC%83%81%ED%92%88_%EC%98%88%EC%8B%9C%EC%9C%A0%ED%98%95%EB%B3%84\"><\/span>6-11. \uc0c1\ud488 \uc608\uc2dc(\uc720\ud615\ubcc4)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\uc740\ud589 \uc885\ud569\ud55c\ub3c4\/\ub9c8\uc774\ub108\uc2a4\ud1b5\uc7a5(\uae30\uc5c5)<\/strong>: \ub9e4\ucd9c\u00b7\uc2e0\uc6a9 \uae30\ubc18 \ud55c\ub3c4 \ubd80\uc5ec, \uc6b4\uc804\uc790\uae08 \uc720\uc5f0<\/li>\n\n\n\n<li><strong>\ubcf4\uc99d\ubd80 \uc6b4\uc804\/\uc2dc\uc124<\/strong>: \uc2e0\ubcf4\u00b7\uae30\ubcf4\u00b7\uc7ac\ub2e8 \ubcf4\uc99d\uc728\uc5d0 \ub530\ub77c \uae08\ub9ac \uc6b0\ub300, \ud55c\ub3c4 \ud655\ub300<\/li>\n\n\n\n<li><strong>\ub9e4\ucd9c\uc5f0\ub3d9 \ub300\ucd9c<\/strong>: \uce74\ub4dc\u00b7PG\u00b7\ubc30\ub2ec\uc571 \uc815\uc0b0\uae08 \ub2f4\ubcf4, <strong>\uc77c\uc77c\/\uc6d4\ubcc4 \uc790\ub3d9\uc0c1\ud658<\/strong><\/li>\n\n\n\n<li><strong>\ub9ac\uc2a4\/\ud560\ubd80<\/strong>: \uc124\ube44\u00b7\ucc28\ub7c9 \ub3c4\uc785 \uc2dc \ub2f4\ubcf4 \ub300\uc2e0 \ubb3c\uac74 \uc790\uccb4\ub97c \ub2f4\ubcf4\ub85c \uad6c\uc870\ud654<\/li>\n\n\n\n<li><strong>\uc218\ucd9c\uc785 \uae08\uc735<\/strong>: <strong>L\/C, Packing Credit, \uc5b4\uc74c\ub9e4\uc785, \ubb34\uc5ed\ubcf4\ud5d8<\/strong> \ub4f1<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"7_%EC%99%84%EA%B3%B5_%ED%9B%84_%EB%8C%80%ED%99%98%EB%AA%A8%EA%B8%B0%EC%A7%80_%EB%8C%80%EC%B6%9C\"><\/span>7. <strong>\uc644\uacf5 \ud6c4 \ub300\ud658(\ubaa8\uae30\uc9c0) \ub300\ucd9c<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\uc900\uacf5 \ubc0f \uc0ac\uc6a9\uc2b9\uc778 \ud6c4 \u2192 \uac74\ubb3c \uc804\uccb4 \ub610\ub294 \uc138\ub300\ubcc4\ub85c <strong>\uc8fc\ud0dd\ub2f4\ubcf4\ub300\ucd9c<\/strong> \uc2e4\ud589.<\/li>\n\n\n\n<li>\uae30\uc874 \uac74\ucd95\uc790\uae08\ub300\ucd9c \uc0c1\ud658 \ud6c4, \uc7a5\uae30 \uc6d0\ub9ac\uae08 \uade0\ub4f1\uc0c1\ud658 \uad6c\uc870\ub85c \uc804\ud658.<\/li>\n\n\n\n<li>\uae08\ub9ac\uac00 \ub0ae\uace0 \uae30\uac04\uc774 \uae38\uc5b4 \uc790\uae08 \ubd80\ub2f4\uc774 \uc904\uc5b4\ub4e6.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"7-1_%EA%B0%9C%EB%85%90\"><\/span>7-1. \uac1c\ub150<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\uc644\uacf5 \ud6c4 \ub300\ud658\ub300\ucd9c(Refinancing, Take-out, \ubaa8\uae30\uc9c0 \uc804\ud658)<\/strong><br>= \uc900\uacf5\ub41c \uac74\ubb3c\uc744 \ub2f4\ubcf4\ub85c <strong>\uae30\uc874 \ub2e8\uae30\u00b7\uace0\uae08\ub9ac \ub300\ucd9c(PF\u00b7\ube0c\ub9ac\uc9c0\u00b7\uc911\ub3c4\uae08 \ub4f1)<\/strong> \uc744 \uc0c1\ud658\ud558\uace0,<br><strong>\uc7a5\uae30\u00b7\uc800\uae08\ub9ac \ub2f4\ubcf4\ub300\ucd9c(\ubaa8\uae30\uc9c0)<\/strong> \ub85c \ubc14\uafb8\ub294 \uac83.<\/li>\n\n\n\n<li><strong>Zweck<\/strong>:\n<ul class=\"wp-block-list\">\n<li>\uace0\uae08\ub9ac \ub2e8\uae30\ucc28\uc785(7<del>12% \ub4f1) \u2192 \uc800\uae08\ub9ac \uc7a5\uae30(3<\/del>5%\ub300) \uc804\ud658<\/li>\n\n\n\n<li>\uc6d0\uae08 \ubd84\ud560\uc0c1\ud658 \uad6c\uc870\ub85c \ubc14\uafd4 <strong>\ud604\uae08\ud750\ub984 \uc548\uc815<\/strong><\/li>\n\n\n\n<li>\uc784\ub300\u00b7\ubd84\uc591\u00b7\uc6b4\uc601\uc5d0 \ub9de\ub294 \uae08\uc735\uad6c\uc870 \uc124\uacc4<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"7-2_%EC%A0%81%EC%9A%A9_%EC%82%AC%EB%A1%80\"><\/span>7-2. \uc801\uc6a9 \uc0ac\ub840<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\uac1c\uc778 \uc2e0\ucd95<\/strong>: \ub2e8\ub3c5\uc8fc\ud0dd\u00b7\uc0c1\uac00\uc8fc\ud0dd \uc2e0\ucd95 \u2192 \uc900\uacf5 \ud6c4 \uc8fc\ud0dd\ub2f4\ubcf4\ub300\ucd9c\ub85c \ub300\ud658<\/li>\n\n\n\n<li><strong>\uc18c\uaddc\ubaa8 \uac1c\ubc1c<\/strong>: \uadfc\uc0dd\u00b7\uc624\ud53c\uc2a4\ud154\u00b7\ub2e4\uac00\uad6c \u2192 PF \uc885\ub8cc \ud6c4 \uc7a5\uae30 \uc784\ub300\ubaa8\uae30\uc9c0<\/li>\n\n\n\n<li><strong>\uc911\ub300\ud615 \ud504\ub85c\uc81d\ud2b8<\/strong>: \uc544\ud30c\ud2b8\u00b7\uc0c1\uc5c5\uc2dc\uc124 \u2192 \ubd84\uc591\/\ub9e4\uac01 \uc794\uc5ec\ubd84 \ub2f4\ubcf4\ub85c \uc7a5\uae30\ub300\ucd9c \u2192 \ud22c\uc790\uc790\uae08 \ud68c\uc218<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"7-3_%EB%8C%80%EC%B6%9C_%EA%B5%AC%EC%A1%B0\"><\/span>7-3. \ub300\ucd9c \uad6c\uc870<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\ub2f4\ubcf4<\/strong>: \uc900\uacf5\ub41c \uac74\ucd95\ubb3c + \ud1a0\uc9c0(\ub4f1\uae30 \uc644\ub8cc)<\/li>\n\n\n\n<li><strong>Laufzeit des Darlehens<\/strong>: 5\ub144, 10\ub144, 20\ub144, 30\ub144 \ub4f1 \uc7a5\uae30 \uc704\uc8fc<\/li>\n\n\n\n<li><strong>\uc0c1\ud658\ubc29\uc2dd<\/strong>\n<ul class=\"wp-block-list\">\n<li>\uc6d0\ub9ac\uae08\uade0\ub4f1\ubd84\ud560<\/li>\n\n\n\n<li>\uc6d0\uae08\uade0\ub4f1\ubd84\ud560<\/li>\n\n\n\n<li>\ub9cc\uae30\uc77c\uc2dc\uc0c1\ud658(\ub2e8\uae30 \ube0c\ub9ac\uc9c0 \ud615\ud0dc\ub85c \uc4f0\ub2e4\uac00 \uc7ac\ucc28 \ub300\ud658 \uac00\ub2a5)<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"7-4_%ED%95%9C%EB%8F%84_%EC%82%B0%EC%A0%95\"><\/span>7-4. \ud55c\ub3c4 \uc0b0\uc815<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\uc77c\ubc18\uc801\uc73c\ub85c <strong>LTV(\ub2f4\ubcf4\uc778\uc815\ube44\uc728)<\/strong> \uae30\uc900\n<ul class=\"wp-block-list\">\n<li>\uc8fc\ud0dd: \uc2dc\uc138\u00b7\uac10\uc815\uac00 \u00d7 60~80%<\/li>\n\n\n\n<li>\uc0c1\uac00\/\uc624\ud53c\uc2a4: \ubcf4\uc218\uc801\uc73c\ub85c 50~70%<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>\uc0c1\ud658\ub2a5\ub825(DSR, DSCR)\ub3c4 \ud568\uaed8 \uace0\ub824\n<ul class=\"wp-block-list\">\n<li>\uac1c\uc778: <strong>DSR(\ucd1d\ubd80\ucc44\uc6d0\ub9ac\uae08\uc0c1\ud658\ube44\uc728)<\/strong> \uaddc\uc81c \uc801\uc6a9<\/li>\n\n\n\n<li>\ubc95\uc778\/\uc0ac\uc5c5\uc790: <strong>DSCR(\ubd80\ucc44\uc11c\ube44\uc2a4\ucee4\ubc84\ube44\uc728)<\/strong> 1.2\u00d7 \uc774\uc0c1 \uc694\uad6c<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"7-5_%EA%B8%88%EB%A6%AC%C2%B7%EB%B9%84%EC%9A%A9\"><\/span>7-5. \uae08\ub9ac\u00b7\ube44\uc6a9<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Zinss\u00e4tze<\/strong>: \ub2e8\uae30 \uac74\ucd95\uc790\uae08(PF\u00b7\ube0c\ub9ac\uc9c0)\uc758 2~3\ubc30 \ub0ae\uc74c\n<ul class=\"wp-block-list\">\n<li>\uc8fc\ub2f4\ub300 \uc218\uc900(\ubcc0\ub3d9 3~6%\ub300, \uace0\uc815\uae08\ub9ac \uc635\uc158)<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>\ube44\uc6a9<\/strong>: \uc778\uc9c0\uc138, \ub2f4\ubcf4\uc124\uc815\u00b7\ub9d0\uc18c\ube44, \uac10\uc815\ud3c9\uac00\ube44, \uc911\ub3c4\uc0c1\ud658\uc218\uc218\ub8cc(\uae30\uc874 PF\u00b7\ube0c\ub9ac\uc9c0 \uc0c1\ud658 \uc2dc \ubd80\uacfc \uac00\ub2a5)<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"7-6_%EC%8B%AC%EC%82%AC_%ED%8F%AC%EC%9D%B8%ED%8A%B8\"><\/span>7-6. \uc2ec\uc0ac \ud3ec\uc778\ud2b8<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>\uc900\uacf5\/\uc0ac\uc6a9\uc2b9\uc778 \uc644\ub8cc \uc5ec\ubd80<\/strong>\n<ul class=\"wp-block-list\">\n<li>\uc784\uc2dc\uc0ac\uc6a9\uc2b9\uc778 \uac00\ub2a5 \uc5ec\ubd80 \ud655\uc778<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>\ub4f1\uae30\ubd80 \uad8c\ub9ac\uad00\uacc4<\/strong>\n<ul class=\"wp-block-list\">\n<li>\uc120\uc21c\uc704 \ucc44\uad8c \uc815\ub9ac, PF\/\ube0c\ub9ac\uc9c0 \ucc44\uad8c \ub9d0\uc18c \uac00\ub2a5\ud574\uc57c \ud568<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>\uc0ac\uc5c5\uc131\/\ud604\uae08\ud750\ub984<\/strong>\n<ul class=\"wp-block-list\">\n<li>\uc784\ub300\ud615: \uc784\ub300\ucc28\uacc4\uc57d, \uc784\ub300\ub8cc \uc218\uc900<\/li>\n\n\n\n<li>\ubd84\uc591\ud615: \uc794\uc5ec\ubd84 \ubd84\uc591\ub960\u00b7\ub9e4\uac01\uacc4\uc57d<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>\ucc28\uc8fc \uc2e0\uc6a9\/\uc7ac\ubb34<\/strong>\n<ul class=\"wp-block-list\">\n<li>\uac1c\uc778\uc740 DSR, \ubc95\uc778\uc740 \uc7ac\ubb34\uc81c\ud45c\u00b7\ud604\uae08\ud750\ub984<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Exit \ud655\uc2e4\uc131<\/strong>\n<ul class=\"wp-block-list\">\n<li>\ubd84\uc591\ub300\uae08 \uc720\uc785, \uc784\ub300\ub8cc \u2192 \uc6d0\ub9ac\uae08 \ucee4\ubc84 \uac00\ub2a5\uc131<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"7-7_%ED%95%84%EC%9A%94%EC%84%9C%EB%A5%98\"><\/span>7-7. \ud544\uc694\uc11c\ub958<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\uc900\uacf5\uac80\uc0ac\ud544\uc99d(\uc0ac\uc6a9\uc2b9\uc778\uc11c)<\/li>\n\n\n\n<li>\uac74\ubb3c \ub4f1\uae30\ubd80\ub4f1\ubcf8(\uc2e0\uaddc \ub4f1\uae30 \uc644\ub8cc)<\/li>\n\n\n\n<li>\ud1a0\uc9c0 \ub4f1\uae30\ubd80\/\ud1a0\uc9c0\ub300\uc7a5<\/li>\n\n\n\n<li>\uac10\uc815\ud3c9\uac00\uc11c(\uc740\ud589 \uc9c0\uc815)<\/li>\n\n\n\n<li>\uc784\ub300\ucc28\uacc4\uc57d\uc11c\/\ubd84\uc591\uacc4\uc57d\uc11c(\uc788\uc744 \uacbd\uc6b0)<\/li>\n\n\n\n<li>\uc0ac\uc5c5\uc790: \uc7ac\ubb34\uc81c\ud45c\u00b7\ud604\uae08\ud750\ub984\ud45c<\/li>\n\n\n\n<li>\uac1c\uc778: \uc18c\ub4dd\uc99d\ube59(\uadfc\ub85c\/\uc0ac\uc5c5\/\uae30\ud0c0), \uc138\uae08 \uc644\ub0a9\uc99d\uba85<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"7-8_%EC%A0%88%EC%B0%A8%ED%91%9C%EC%A4%80_%ED%94%8C%EB%A1%9C%EC%9A%B0\"><\/span>7-8. \uc808\ucc28(\ud45c\uc900 \ud50c\ub85c\uc6b0)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>\uc900\uacf5 \ubc0f \ub4f1\uae30 \uc644\ub8cc<\/strong><\/li>\n\n\n\n<li><strong>\ub300\ud658 \uae08\uc735\uae30\uad00 \uc0c1\ub2f4 \u2192 \ud55c\ub3c4\u00b7\uae08\ub9ac \uac00\uc2ec\uc0ac<\/strong><\/li>\n\n\n\n<li><strong>\uac10\uc815\ud3c9\uac00 \uc9c4\ud589<\/strong><\/li>\n\n\n\n<li><strong>\uc57d\uc815 \ubc0f \ub2f4\ubcf4\uc124\uc815 \uc900\ube44<\/strong><\/li>\n\n\n\n<li><strong>\uae30\uc874 PF\u00b7\ube0c\ub9ac\uc9c0 \uc0c1\ud658<\/strong>: \uc0c8 \ubaa8\uae30\uc9c0 \uc2e4\ud589\uae08\uc73c\ub85c \uc989\uc2dc \uc0c1\ud658 + \ub2f4\ubcf4\ub9d0\uc18c<\/li>\n\n\n\n<li><strong>\ubaa8\uae30\uc9c0 \uc2e4\ud589 \u2192 \uc7a5\uae30 \ubd84\ud560\uc0c1\ud658 \uc2dc\uc791<\/strong><\/li>\n<\/ol>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"7-9_%EC%9E%A5%EC%A0%90%C2%B7%EB%8B%A8%EC%A0%90\"><\/span>7-9. \uc7a5\uc810\u00b7\ub2e8\uc810<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\u2705 <strong>\uc7a5\uc810<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\ub2e8\uae30 \uace0\uae08\ub9ac \ucc28\uc785 \uc0c1\ud658 \u2192 \uae08\ub9ac\u00b7\uc774\uc790\ubd80\ub2f4 \uac10\uc18c<\/li>\n\n\n\n<li>\uc7a5\uae30 \ubd84\ud560\uc0c1\ud658 \uad6c\uc870\ub85c \uc548\uc815\ub41c \ud604\uae08\ud750\ub984<\/li>\n\n\n\n<li>\uc784\ub300\uc0ac\uc5c5 \uc2dc \uc548\uc815\uc801 \ub808\ubc84\ub9ac\uc9c0 \ud65c\uc6a9<\/li>\n<\/ul>\n\n\n\n<p>\u274c <strong>\ub2e8\uc810<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\uc900\uacf5\u00b7\ub4f1\uae30 \uc9c0\uc5f0<\/strong> \uc2dc \ub300\ud658\ub3c4 \uc9c0\uc5f0, \uace0\uae08\ub9ac \uc774\uc790 \ubd80\ub2f4 \uc9c0\uc18d<\/li>\n\n\n\n<li>\ub2f4\ubcf4\uac00\uce58\u00b7\ubd84\uc591\ub960 \ubd80\uc871 \uc2dc \uc6d0\ud558\ub294 \ub9cc\ud07c \ub300\ucd9c \ubd88\uac00<\/li>\n\n\n\n<li>\uae30\uc874 \ub300\ucd9c \uc911\ub3c4\uc0c1\ud658\uc218\uc218\ub8cc \ubc1c\uc0dd \uac00\ub2a5<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"7-10_%EC%8B%A4%EB%AC%B4_%ED%8C%81\"><\/span>7-10. \uc2e4\ubb34 \ud301<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\ucd08\uae30 PF\/\ube0c\ub9ac\uc9c0 \ub300\ucd9c \uacc4\uc57d \uc2dc <strong>Take-out(\ub300\ud658) \uc870\uac74<\/strong>\uc744 \uc740\ud589\uacfc \ubbf8\ub9ac \ud611\uc758 \u2192 \uae08\ub9ac\u00b7\uc870\uac74 \uc6b0\ub300 \uac00\ub2a5<\/li>\n\n\n\n<li>\uc900\uacf5\u00b7\ub4f1\uae30 \uc77c\uc815\uacfc <strong>\ub300\ud658 \uc2dc\uc810<\/strong>\uc744 \ucd5c\ub300\ud55c \uadfc\uc811\ud558\uac8c \ub9de\ucdb0\uc57c \ubd88\ud544\uc694\ud55c \uc774\uc790 \ucd5c\uc18c\ud654<\/li>\n\n\n\n<li><strong>\uc784\ub300\ucc28\uacc4\uc57d \ud655\ubcf4<\/strong>(Pre-lease) \u2192 DSCR \uac1c\uc120 \u2192 \ud55c\ub3c4\u00b7\uc870\uac74 \uc6b0\ub300<\/li>\n\n\n\n<li><strong>\uc5ec\ub7ec \uc740\ud589 \uacac\uc801<\/strong> \ube44\uad50 \ud6c4 \ucd1d\ube44\uc6a9(TCO: \uae08\ub9ac+\uc218\uc218\ub8cc+\uc911\ub3c4\uc218\uc218\ub8cc) \uae30\uc900\uc73c\ub85c \uc120\ud0dd<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"7-11_%EA%B0%84%EB%8B%A8_%EA%B3%84%EC%82%B0_%EC%98%88%EC%8B%9C\"><\/span>7-11. \uac04\ub2e8 \uacc4\uc0b0 \uc608\uc2dc<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\uacf5\uc0ac \uc644\ub8cc \ud6c4 \uac10\uc815\uac00 20\uc5b5, LTV 70% \u2192 \ub300\ud658 \ubaa8\uae30\uc9c0 \ud55c\ub3c4 14\uc5b5<\/li>\n\n\n\n<li>\uae30\uc874 PF\u00b7\ube0c\ub9ac\uc9c0 \uc794\uc561 12\uc5b5 \u2192 \uc804\uc561 \uc0c1\ud658 \uac00\ub2a5, \uc794\uc5ec 2\uc5b5\uc740 \uc6b4\uc601\uc790\uae08 \ud655\ubcf4<\/li>\n\n\n\n<li>\uae08\ub9ac 8% \ub2e8\uae30\ucc28\uc785 \u2192 \ubaa8\uae30\uc9c0 4% \uc804\ud658 \uc2dc \uc5f0 \uc774\uc790\ubd80\ub2f4 9,600\ub9cc\uc6d0 \u2192 4,800\ub9cc\uc6d0\uc73c\ub85c \uc808\uac10<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">\ud83d\udcd1 \ud544\uc694 \uc11c\ub958 & \uc870\uac74<\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li>\ud1a0\uc9c0\ub4f1\uae30\ubd80\ub4f1\ubcf8, \ud1a0\uc9c0\ub300\uc7a5<\/li>\n\n\n\n<li>\uac74\ucd95\ud5c8\uac00\uc11c, \uc124\uacc4\ub3c4\uc11c<\/li>\n\n\n\n<li>\uacf5\uc0ac\uacc4\uc57d\uc11c, \uc2dc\uacf5\uc0ac \uc0ac\uc5c5\uc790\ub4f1\ub85d\uc99d<\/li>\n\n\n\n<li>\uacac\uc801\uc11c, \uc0ac\uc5c5\uacc4\ud68d\uc11c<\/li>\n\n\n\n<li>\uc2e0\ubd84\uc99d, \uc7ac\ubb34\uc11c\ub958(\uc18c\ub4dd\uae08\uc561\uc99d\uba85, \uc0ac\uc5c5\uc790\ub4f1\ub85d\uc99d \ub4f1)<\/li>\n<\/ol>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E2%9A%96%EF%B8%8F_%EB%8C%80%EC%B6%9C_%EC%A0%88%EC%B0%A8_%EC%9D%BC%EB%B0%98%EC%A0%81_%ED%9D%90%EB%A6%84\"><\/span>\u2696\ufe0f \ub300\ucd9c \uc808\ucc28 (\uc77c\ubc18\uc801 \ud750\ub984)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>\ud1a0\uc9c0 \ud655\ubcf4<\/strong> \u2192 \ud1a0\uc9c0\ub2f4\ubcf4\ub300\ucd9c<\/li>\n\n\n\n<li><strong>\uc778\ud5c8\uac00 \uc644\ub8cc<\/strong> \u2192 \ube0c\ub9ac\uc9c0\ub300\ucd9c \uc2e4\ud589<\/li>\n\n\n\n<li><strong>\ucc29\uacf5 \ubc0f \uacf5\uc815\ubcc4 \uc9c4\ud589<\/strong> \u2192 \uac74\ucd95\uc790\uae08(\uc911\ub3c4\uae08) \ub300\ucd9c \uc2e4\ud589<\/li>\n\n\n\n<li><strong>\uc900\uacf5 \ubc0f \uc0ac\uc6a9\uc2b9\uc778<\/strong> \u2192 \ubaa8\uae30\uc9c0 \ub300\ud658\ub300\ucd9c \uc2e4\ud589<\/li>\n\n\n\n<li>\ud544\uc694 \uc2dc \uc784\ub300\uc0ac\uc5c5\uc790 \ub4f1\ub85d \u2192 \uc138\uc81c\ud61c\ud0dd \ubc0f \ucd94\uac00 \uc790\uae08 \uc870\ub2ec<\/li>\n<\/ol>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E2%9C%85_%EC%A3%BC%EC%9D%98%ED%95%A0_%EC%A0%90\"><\/span>\u2705 \uc8fc\uc758\ud560 \uc810<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\uc2e0\uc6a9\ub4f1\uae09\u00b7\uc18c\ub4dd<\/strong>\uc774 \uc88b\uc544\uc57c \uc740\ud589\uad8c \ub300\ucd9c \ube44\uc911\uc744 \ub192\uc77c \uc218 \uc788\uc74c.<\/li>\n\n\n\n<li><strong>\uc2dc\uacf5\uc0ac \uc2e0\uc6a9\ub3c4<\/strong>\uc640 <strong>\ubd84\uc591\uc131<\/strong>\uc774 \uc911\uc694 \u2192 PF\ub098 \uc911\ub3c4\uae08 \ub300\ucd9c \uc2ec\uc0ac\uc5d0\uc11c \ud575\uc2ec.<\/li>\n\n\n\n<li><strong>\ube0c\ub9ac\uc9c0 \ub300\ucd9c<\/strong>\uc740 \uae08\ub9ac\uac00 \ub192\uc544, \uc7a5\uae30 \ub04c\uba74 \uc704\ud5d8.<\/li>\n\n\n\n<li>\uc900\uacf5 \ud6c4 <strong>\ub300\ud658(\uc7a5\uae30 \uc8fc\ud0dd\ub2f4\ubcf4\ub300\ucd9c)<\/strong> \uacc4\ud68d\uae4c\uc9c0 \ubc18\ub4dc\uc2dc \uc138\uc6cc\uc57c \ud568.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/wi-th.com\/wp-content\/uploads\/2025\/08\/ChatGPT-Image-2025\ub144-8\uc6d4-25\uc77c-\uc624\ud6c4-01_32_29.png\" alt=\"\uacf5\uc0ac \ub300\ucd9c\" class=\"wp-image-2835\" srcset=\"\/\/wi-th.com\/wp-content\/uploads\/2025\/08\/ChatGPT-Image-2025\ub144-8\uc6d4-25\uc77c-\uc624\ud6c4-01_32_29.png 1024w, \/\/wi-th.com\/wp-content\/uploads\/2025\/08\/ChatGPT-Image-2025\ub144-8\uc6d4-25\uc77c-\uc624\ud6c4-01_32_29-570x570.png 570w, \/\/wi-th.com\/wp-content\/uploads\/2025\/08\/ChatGPT-Image-2025\ub144-8\uc6d4-25\uc77c-\uc624\ud6c4-01_32_29-100x100.png 100w, \/\/wi-th.com\/wp-content\/uploads\/2025\/08\/ChatGPT-Image-2025\ub144-8\uc6d4-25\uc77c-\uc624\ud6c4-01_32_29-665x665.png 665w, \/\/wi-th.com\/wp-content\/uploads\/2025\/08\/ChatGPT-Image-2025\ub144-8\uc6d4-25\uc77c-\uc624\ud6c4-01_32_29-300x300.png 300w, \/\/wi-th.com\/wp-content\/uploads\/2025\/08\/ChatGPT-Image-2025\ub144-8\uc6d4-25\uc77c-\uc624\ud6c4-01_32_29-150x150.png 150w, \/\/wi-th.com\/wp-content\/uploads\/2025\/08\/ChatGPT-Image-2025\ub144-8\uc6d4-25\uc77c-\uc624\ud6c4-01_32_29-768x768.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">\uacf5\uc0ac \ub300\ucd9c\uc758 \uc885\ub958<\/figcaption><\/figure>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"970\" height=\"90\" src=\"https:\/\/wi-th.com\/wp-content\/uploads\/2025\/08\/in-te-ri-or_logo_1.png\" alt=\"Microservices \u24d2 wi-th.com\" class=\"wp-image-2906\" srcset=\"\/\/wi-th.com\/wp-content\/uploads\/2025\/08\/in-te-ri-or_logo_1.png 970w, \/\/wi-th.com\/wp-content\/uploads\/2025\/08\/in-te-ri-or_logo_1-665x62.png 665w, \/\/wi-th.com\/wp-content\/uploads\/2025\/08\/in-te-ri-or_logo_1-300x28.png 300w, \/\/wi-th.com\/wp-content\/uploads\/2025\/08\/in-te-ri-or_logo_1-768x71.png 768w\" sizes=\"(max-width: 970px) 100vw, 970px\" \/><figcaption class=\"wp-element-caption\">Alles f\u00fcr die Inneneinrichtung <a href=\"http:\/\/dknock.in-te-ri-or.com\" data-type=\"link\" data-id=\"dknock.in-te-ri-or.com\" target=\"_blank\" rel=\"noopener\">Hinten-hinten.de<\/a><\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"970\" height=\"90\" src=\"https:\/\/wi-th.com\/wp-content\/uploads\/2025\/08\/dknock_banner_1.png\" alt=\"\u24d2 dknock.in-te-ri-or.com\" class=\"wp-image-2924\" srcset=\"\/\/wi-th.com\/wp-content\/uploads\/2025\/08\/dknock_banner_1.png 970w, \/\/wi-th.com\/wp-content\/uploads\/2025\/08\/dknock_banner_1-665x62.png 665w, \/\/wi-th.com\/wp-content\/uploads\/2025\/08\/dknock_banner_1-300x28.png 300w, \/\/wi-th.com\/wp-content\/uploads\/2025\/08\/dknock_banner_1-768x71.png 768w\" sizes=\"(max-width: 970px) 100vw, 970px\" \/><figcaption class=\"wp-element-caption\">Innenarchitekt \u24d2 <a href=\"http:\/\/dknock.in-te-ri-or.com\" data-type=\"link\" data-id=\"dknock.in-te-ri-or.com\" target=\"_blank\" rel=\"noopener\">dknock<\/a><\/figcaption><\/figure>\n\n\n\n<p class=\"has-text-align-center\">\u0392 <a href=\"https:\/\/wi-th.com\/de\/\">Unkraut<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>\uacf5\uc0ac(\uc8fc\ud0dd\u00b7\uc0c1\uac00\u00b7\uacf5\uc7a5 \ub4f1)\uc2dc \uc790\uae08\uc744 \ub9c8\ub828\ud558\uae30 \uc704\ud574 \ubc1b\uc744 \uc218 \uc788\ub294 \uacf5\uc0ac \ub300\ucd9c \ubc29\ubc95 \ud83c\udfd7\ufe0f \uc2e0\ucd95 \uacf5\uc0ac \ub300\ucd9c \uc885\ub958 1. \ud1a0\uc9c0\ub2f4\ubcf4\ub300\ucd9c 1-1. \uac1c\ub150 1-2. \ub300\ucd9c \uac00\ub2a5 \uc2dc\uc810 1-3. <a href=\"https:\/\/wi-th.com\/de\/finanzen\/arten-von-neubaudarlehen\/\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":1,"featured_media":2835,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[405,406],"tags":[411,408,410,412],"class_list":["post-2834","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-405","category-406","tag-411","tag-408","tag-410","tag-412"],"_links":{"self":[{"href":"https:\/\/wi-th.com\/de\/wp-json\/wp\/v2\/posts\/2834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wi-th.com\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wi-th.com\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wi-th.com\/de\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wi-th.com\/de\/wp-json\/wp\/v2\/comments?post=2834"}],"version-history":[{"count":0,"href":"https:\/\/wi-th.com\/de\/wp-json\/wp\/v2\/posts\/2834\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wi-th.com\/de\/wp-json\/wp\/v2\/media\/2835"}],"wp:attachment":[{"href":"https:\/\/wi-th.com\/de\/wp-json\/wp\/v2\/media?parent=2834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wi-th.com\/de\/wp-json\/wp\/v2\/categories?post=2834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wi-th.com\/de\/wp-json\/wp\/v2\/tags?post=2834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}