Anyone who is going to take out a home loan expects the opportunity to have a low interest rate. But is it really possible to get such a mortgage? Sometimes banks offer promotions that reduce mortgage rates. can also count on more favorable conditions salary clients, as well as certain categories of citizens.
Under what conditions are low-interest mortgages available in Moscow?
If you want to take out a mortgage with a minimum overpayment, then you should consider credit programs For individual categories citizens:
- for young families;
- for large families;
- for the military;
- for state employees.
It is also worth paying attention to apartments in new buildings. As you know, the lowest mortgage rate is provided specifically for housing in new buildings. A loan for secondary housing is issued at a rate 1.5-2% higher. Low rates mortgages in Moscow are also possible with on-lending. Refinancing offered by banks is issued for more favorable conditions.
You can reduce the percentage in several ways:
- provide a complete package of documents;
- apply for a short-term loan;
- contribute the maximum possible an initial fee.
To find profitable proposition and find out which ones offer the best low percentage for a mortgage, we recommend using loan calculator our site. On the same page you can find a list of banks whose interest rates are lower than those of most credit institutions. The application can be filled out on the bank’s website or at the nearest branch.
Loan currency | |
Min. amount of credit | |
Max. amount of credit | Should not exceed the lesser of:
|
Credit term | |
An initial fee | |
Loan issue fee | absent |
Loan collateral |
|
Insurance | Mandatory insurance of the property pledged as collateral (except for the land plot) against the risks of loss/destruction, damage in favor of the Bank for the entire term of the loan agreement. |
Rates are valid for clients receiving their salary to a card/deposit account in Sberbank, taking into account the “Service electronic registration».
Allowances:
- +0.1% - if you refuse the “Electronic Registration Service”
- +0.3% - if you do not receive a salary from the Bank
10.6% per annum - interest rate for persons who are participants in state federal and regional programs aimed at developing the housing sector, implemented under cooperation agreements PJSC Sberbank with constituent entities of the Russian Federation and municipalities.
Allowances:
- +0.2% - with a down payment of 15% to 20% (not including the upper limit)
- +1% - upon refusal of life and health insurance of the borrower in accordance with the requirements of the Bank
These rates in rubles and foreign currency are valid for clients who have not provided proof of income and employment in the case of a down payment of 50%, taking into account the “Electronic Registration Service”.
Allowances:
- +1% - upon refusal of life and health insurance of the borrower in accordance with the requirements of the Bank
Age at the time of loan provision | at least 21 years old |
Age at the time of loan repayment under the agreement | |
Work experience | at least 6 months* at the current place of work and at least 1 year of total work experience over the last 5 years** |
Attracting co-borrowers | No more than 3 individuals can act as co-borrowers on the loan, whose income is taken into account when calculating maximum size loan. The spouse of the title co-borrower is a co-borrower in mandatory regardless of his/her solvency and age.*** The requirements for the Co-borrower(s) are similar to the requirements for the Borrower. The spouse (s) of the title co-borrower is not included in the composition of the Co-borrowers only in the following cases:
|
| Citizenship | Russian Federation |
* The loan repayment period falls entirely on the working or retirement age of the borrower/each of the solvent co-borrowers. If a loan is provided without proof of income and employment, the age at the time of loan repayment is limited to 65 years.
** This requirement does not apply to clients receiving salaries into an account with Sberbank.
*** Except in cases of a valid marriage contract.
To consider a loan application you need:
Main documents:
Without proof of income and employment:
- borrower's passport with a registration mark;
- second identity document (optional):
- driver's license;
- military personnel identification card;
- employee ID card federal bodies authorities;
- military ID;
- international passport;
- insurance certificate compulsory pension insurance.
When confirming income and employment:
- passport of the borrower/co-borrower with a registration mark;
- a document confirming registration at the place of stay (if temporary registration is available);
- documents confirming the financial condition and employment of the borrower/co-borrower *.
If another property is pledged as collateral for a loan:
Documents that can be provided after approval loan application:
- Documents on the residential premises being loaned (can be provided within 90 calendar days from the date of the Bank’s decision to issue a loan);
- Documents confirming the presence of a down payment.
Attention! The list of required documents may be changed at the discretion of the Bank.
To receive a loan under the “Young Family” program, the following are additionally provided:
- Marriage certificate (not required when providing a loan to persons from single-parent families);
- Child's birth certificate;
- If the solvency of the income of the parent(s) of the borrower/co-borrower is taken into account - documents confirming the relationship (identity documents; birth certificate; marriage certificate; certificate of change of surname, name, patronymic, etc.).
To obtain a loan under the “Mortgage plus Maternity Capital” program, the following are additionally provided:
- State certificate for maternal ( family capital);
- Document (certificate, notification, etc.) from the territorial body of the Pension Fund of the Russian Federation on the balance of funds maternity capital(can be provided within 90 calendar days from the date of the Bank’s decision to issue a loan along with documents on the property being financed)*.
* Valid for submission to the Bank within 30 calendar days from the date of issue.
The loan is provided to citizens of the Russian Federation in the branches of Sberbank of Russia:
- at the place of registration of the borrower/one of the co-borrowers;
- at the location of the property being financed;
- at the place of accreditation of the company-employer of the borrower/co-borrower.
Loan application review period
No more than 8 working days.
Procedure for granting a loan
At one time or in parts.
Loan repayment procedure
Monthly annuity (equal) payments.
Partial or full early repayment of the loan
Carried out upon application containing the early repayment date, amount and account from which the transfer will be made Money. The early repayment date indicated in the application must fall exclusively on a business day.
The minimum size of the loan to be repaid ahead of schedule is not limited.
There is no early repayment fee.
Penalty for late loan repayment
Penalty* for late repayment loan matches the size key rate Bank of Russia, in force on the date of conclusion of the Agreement, from the amount of overdue payment for the period of delay from the date following the date of fulfillment of the obligation established by the Agreement until the date of repayment of the Overdue Debt under the Agreement (inclusive).
*By loan agreements, concluded from July 24, 2016.
Use of maternity capital
Maternal (family) capital - form state support provided to families at the birth or adoption of a second and subsequent child*. Maternity (family) capital can be used to fully or partially repay a housing loan** received from Sberbank PJSC, as well as to confirm the down payment on a housing loan (more information about the “Mortgage plus maternity capital” program can be found.
Detailed information you can get it on the website of the Pension Fund of the Russian Federation http://www.pfrf.ru. The amount of funds (remaining funds) of maternity (family) capital can be taken into account as a down payment.
* - A certificate for maternal (family) capital can be provided only once. ** - With the exception of fines, commissions, penalties and penalties for improper fulfillment of obligations under a housing loan.
Tax deductions
Tax deductions apply to the amount of interest paid on the target mortgage loan. The amount of deduction is 13% of all interest paid. Property size tax deduction provided when purchasing an apartment, residential building, room (or share), increased from 1 million to 2 million rubles***. Thus, now, when purchasing an apartment, you can reimburse the amount of tax in the amount of up to 260,000 rubles.
Detailed information can be obtained on the website of the Federal tax service http://www.nalog.ru.
*** - The new rule applies to everyone who bought real estate after January 1, 2008 and has not previously received a property tax deduction.
A convenient way of non-cash payment for real estate between buyer and seller without additional visits to the bank.
- Profitable
The cost of the service is only 2000 rubles
- Fast
Registration in 15 minutes
- Safely
Safety of money and respect for the interests of the parties
How does the service work?
- The buyer transfers funds to a special account of the Real Estate Center from Sberbank
- The real estate center from Sberbank requests information from Rosreestr about registering a transaction
- After registration, money is credited to the seller's account
Benefits for the buyer
Registration of the service takes 15 minutes. There is no need to withdraw cash from the cash register, count it, deposit it into a safe deposit box or take a receipt. Money is kept under reliable protection before registering the transaction with Rosreestr, after which the buyer receives a notification that the transaction has taken place. Only after this the money is transferred to the seller’s account.
Benefits for the seller
The seller does not need to come for the money - it is enough to provide the account details for the transfer of funds during the transaction, where the money will be sent after registering the transaction in Rosreestr.
Read more about the service on the website domclick.ru
What is included in the service?
- Issue of an enhanced qualified signature for all parties to the transaction
- Sending documents to in electronic format to Rosreestr
- Interaction with Rosreestr and registration control
- Transaction support by a personal manager
How does electronic registration through Sberbank work?
- The Bank Manager will prepare and send documents to Rosreestr in electronic form
- Rosreestr receives documents online and begins registration
- As a result, you will receive documents with an electronic mark on state registration by email:
1. Extract from a single state register real estate
(from 07/15/2016 carried out state registration the emergence and transfer of rights to real estate is certified by an extract from the Unified State Register of Real Estate 4 - The conditions of the insurance programs comply with the Requirements for the conditions for the provision of insurance services within the framework of credit products Sberbank 1
- The insurance tariff/cost of insurance when prolonging the insurance contract for the second and subsequent years is 10% lower
- When advancing insurance event You can contact any Sberbank branch, regardless of where the agreement was drawn up
- You can issue a policy in a few minutes on the DomClick website, on the website of insurance companies - Sberbank Insurance LLC and Sberbank Life Insurance LLC, or at any Sberbank branch.
Life and health insurance under the “Protected Borrower” program 2
What's included in the program?
Insurance is provided in case of:
- Death of the Insured Person
- Establishing a disability or group for the Insured person
What are you getting?
- Reducing the Sberbank mortgage rate to the established level under the “secured loan” condition;
- The insurance rate is determined individually depending on the gender and age of the client.
website.
Mortgage insurance 3
What's included in the program?
Insurance of the property pledged (except for the land plot) against the risks of loss and damage.
Additional benefits:
- 1 additional month of validity of the insurance contract when issued at Sberbank branches
Detailed insurance conditions can be found on the website.
1 Mandatory requirements of the Bank for insurance companies and conditions for the provision of insurance services for property insurance
2 Insurance service provides Sberbank life insurance LLC. License for insurance SZh No. 3692 (type of activity – voluntary insurance life) issued by the Bank of Russia for an indefinite period. OGRN 1037700051146, www.sberbank-insurance.ru Address: Moscow, st. Shabolovka, 31G. Office hours: Monday – Friday from 08.00 to 20.00 Moscow time
3 Insurance real estate(mortgages). Insurance services are provided by Sberbank Insurance LLC. License of the Bank of Russia to carry out voluntary property insurance SI No. 4331, issued 08/05/2015 for an indefinite period. OGRN 1147746683479, www.sberbankins.ru Address: 115093, Moscow, st. Pavlovskaya, house 7, tel. 8 800 555 555 7, Opening hours Monday-Friday from 9:00 to 19:00 Moscow time.
Hello, friends!
Thinking about improvement living conditions? This is a serious step, by taking which you will take greater responsibility not only for yourself, but also for your loved ones. Therefore, it is very important to carry out an analysis at the decision-making stage possible options, their financial opportunities and make the right choice.
Mortgage remains the main solution tool housing problem. The question of which bank is better to take out a mortgage is relevant for most potential borrowers.
In the Russian Federation, the problem of providing citizens with affordable housing remains acute to this day. Just some 20 years ago, we just began to develop mechanisms for solving it. At that time, it was not banks that were the main players in the market, but regional and city administrations. It was on their initiative that mortgages began to be developed. regional programs. And only a few years later banks joined the process and almost completely captured the market mortgage lending.
Today, profitable bank offers dazzle the eyes, but experienced borrowers also have plenty of horror stories. How to choose the most favorable conditions in order to feel the joy of your own home and not experience all the hardships of a miserable existence for the next 10 - 20 years? Only through serious analysis of mortgage offers. This is what we will do.
What parameters should you pay special attention to when choosing a bank and mortgage program:
- Bank reliability
To assess reliability, you can look at the financial rating on the Banki.ru portal. It is based on the organization’s reporting data, which is published on the Bank of Russia website. For the selected time interval, the rate of development or decline is clearly visible. For example, over the past year, FC Otkritie Bank has seriously fallen in the ranking from the top ten. His assets fell by 35%.
Another way to remove untrustworthy banks from the list for obtaining a mortgage is a deposit insurance system. On the website of the Deposit Insurance Agency there are lists of banks that are undergoing rehabilitation or in the process of liquidation. Mortgages are not taken out for 1 year, so you should still choose a reliable bank.
- Type of housing purchased
Banks offer different conditions for housing under construction, new buildings (primary market), secondary market, and country houses.
- Loan interest rate
She may be:
- fixed – not to change until the end of the contract;
- variable - depend on economic situation and be reviewed regularly.
In addition, mortgage payments may be:
- annuity – the same amount for the entire duration of the contract;
- differentiated - at the beginning of the term the payment is larger and decreases with each month.
- An initial fee
The more you pay the bank at the beginning, the lower your overpayment and monthly mortgage payment will be. It's clear. But not everyone has even 10% of the cost of a future apartment. Let’s say if it costs 2 million rubles, then the contribution will be at least 200 thousand rubles. The amount is not small. For such borrowers, some banks are ready to offer a mortgage without a down payment. But keep in mind that the interest on the loan will be higher.
- Loan terms
Today it is up to 30 years. It seems that the longer the loan term, the lower the mortgage payment. This is true, but only partly. In this case you lose by total amount overpayments. Let's look at a specific example.
In the first case, I took out a loan of 2 million rubles. at 10% per annum for 20 years. I used an online calculator and got these results.
In the second case, I will take out a loan of 2 million rubles at 10% per annum, but for 30 years.
In the second case, the payment became less by only 1,749 rubles. And the overpayment increased by 1,686,411 rubles.
- Insurance
A mortgage is a lending under which the state obliges the borrower to insure the collateral, i.e., the purchased housing. All other types of insurance (health, job loss, etc.) are optional. You can refuse them before signing the contract or after within 14 days.
If you refuse voluntary insurance, in most cases the mortgage rate will be increased. Banks warn about this in advance.
- Benefits and special conditions
First of all, when choosing a mortgage program, you should study the rates and conditions in your salary bank. They may be more profitable than other offers. In addition, study the currently available government programs to support certain categories of citizens:
- young families,
- families with 2 or more children,
- state employees,
- military personnel,
- large families,
- single mothers.
If you fall into one of these categories, it makes sense to take a closer look at mortgage programs. Not all banks offer them, but there will definitely be a choice from several.
- Additional fees and expenses
Unfortunately, you can’t do without them when applying for a mortgage. Here is a sample list of expenses.
- Reviews
I put this point in last place because you need to navigate it with great care and a seriously tuned internal filter. Often people, due to their carelessness or illiteracy, sign contracts with strict lending conditions, and then look for those to blame and abandon sites negative reviews. But also useful information there is a lot to be learned.
Comparative analysis of mortgage programs
We will conduct an analysis of apartments in new buildings.
As you can see, the conditions are 10 largest players on mortgage market almost identical. Therefore, additional parameters need to be analyzed. For example, at Rosselkhozbank you can choose a loan repayment method: annuity or differentiated. And at FC Otkritie Bank the interest rate will increase if you do not have time to close the deal within 30 days after the loan is approved.
The procedure for obtaining a mortgage in all banks is standard:
- Filling out an application (processing period from 1 to 8 working days).
- Receiving a decision on a loan, which will be valid for 3 months, at VTB - 4 months.
- Searching for a suitable apartment and completing the final package of documents for obtaining a mortgage.
- Making a deal.
When I talked about it in previous articles, I repeatedly drew attention to the voluntary nature of this procedure. The only exception is mortgage lending. The borrower is obliged to insure the collateral.
Despite the voluntariness personal insurance(for example, disability), all banks warn that the interest rate will be increased if you refuse it. Sometimes the increase is up to 2%.
Most of the banks in the table participate in the state program to support families with 2 or more children. In this case, the loan rate is 6%. There are also programs for the military, state employees and young families. For participants in salary projects, conditions are more favorable in all banks.
I propose to consider the programs of 5 banks, which, according to data from June 2018, issued the most mortgage loans. Among them is DeltaCredit Bank, which occupies only 44th place in the overall rating. But I decided to include it in the review because it is in 5th place in terms of the number and volume of loans issued.
State company DOM.RF
Before analyzing mortgage programs in banks, go to the DOM.RF company website. Previously it was called AHML. It began its work back in 1997 with the goal of implementing government programs in the field of housing construction.
After filling out the form on the website, an employee will contact you and help you choose the best mortgage option, including government support. Client support is provided by VTB Bank.
The company has developed several mortgage programs For various categories citizens and under different conditions. Their rates are lower than most banks. For example, I calculated payments on a loan of 1.2 million rubles. for 15 years with an initial payment of 20%. I got the following results.
Mortgage programs of top 5 banks
Sberbank
The bank has a number of adjustment factors to the interest rate.
Electronic registration, refusal of which leads to an increase in the rate by 0.1%, is not a free service. Its cost varies from 5,550 to 10,250 rubles. Depends on the type of housing and region.
Sberbank has special programs for young families, as well as by agreement with the constituent entities of the Russian Federation. In addition, the bank is a partner of the DOM.RF company, which implements government initiatives in the field of housing construction. In particular, there is now a program for families in which the 2nd or 3rd child was born. The rate for them is from 6%.
VTB
Lending terms:
- For workers in some industries, such as education, healthcare, customs and a number of others, the rate is 0.4% lower.
- In case of refusal of life and health insurance, the rate increases by 1%.
- If you want to apply for a mortgage using 2 documents (passport and SNILS or INN), i.e., without proof of income, then get ready to repay the loan at a rate higher by 0.7%.
When purchasing an apartment with an area of 65 sq. m there is a reduced interest rate (by 0.7%). To take advantage of the promotion, you must take out comprehensive insurance.
Rosselkhozbank
A special feature of a mortgage at Rosselkhozbank is the ability to choose a loan repayment method:
- annuity payments, i.e. the same throughout the entire loan term;
- differentiated, which decrease every month.
Lending terms:
- In case of refusal of life and health insurance, the rate increases by 1%.
- For public sector employees, the rate is reduced by 0.4%.
For citizens who receive income from running personal subsidiary plots, there are more favorable conditions.
Gazprombank
Offers 2 loan repayment schemes: annuity or differentiated. Minimum bid 9.2% is valid when purchasing personal insurance.
- 8.7% for a loan amount of 12 million rubles. in Moscow and the region, St. Petersburg and Leningrad Region;
- 8.7% when purchasing apartments in other regions of the Russian Federation and the loan amount is from 4 million rubles;
- 9% for all borrowers, but for apartments purchased from bank partners.
Promotions are valid only with comprehensive insurance.
DeltaCredit
A bank that specializes in issuing mortgage loans. Lending terms:
- Interest rate from 8.5%.
- Duration – up to 25 years.
- Down payment – from 15%.
- If you refuse personal insurance - plus 1% to the rate.
- Co-borrowers – maximum 3 people.
- The loan is issued to employees, individual entrepreneurs and business owners.
It is possible to use instead of the base rate:
- Optima – minus 0.5% (this service costs 1% of the loan amount);
- Media – minus 1% (this service costs 2.5% of the loan amount);
- Ultra – minus 1.5% (this service costs 4% of the loan amount).
The bank provides the “Mortgage holiday” service. In the first 1 – 2 years you can only pay 50% of monthly fee. Naturally, the underpaid amount is added to the amounts of further payments after the grace period expires.
When you pay the loan once every 14 days (the payment is divided into 2 parts), you shorten the loan period and reduce the amount interest payments. I'll show you with an example how it works. I took out a loan in the amount of 1.6 million rubles. for 20 years, the down payment was 20% or 400 thousand rubles.
When repaying once a month and 2 times a month, the picture is as follows.
Thus, the loan term is reduced by more than 4 years with the same monthly payment amount.
Conclusion
Where is she, the most favorable mortgage? If you think that now I will recommend a bank to you, then you are mistaken. Too much individual conditions must be taken into account. Have you given birth to your 2nd or 3rd child? Then please go to DOM.RF for a mortgage at a rate of 6%. Or maybe you are a budget employee? Then there are several offers to choose from.
But 5 banks that are today leaders in issuing mortgage loans should definitely interest you first. So start with yours salary bank, and then move on to the top 5. By and large, the conditions in them differ slightly.
And let's not forget one more thing. Once in a lifetime, each borrower can submit documents for reimbursement income tax when purchasing housing. The amount can be impressive.
Greetings! In this post, on a regular basis, we will write at what percentage they give a mortgage at Sberbank. There are a huge number of articles on mortgages, but lending programs change, interest rates change, etc. Let's look at what the mortgage rate is today at Sberbank and a number of other questions within the framework of our topic today.
We will start our educational program with the secondary market. Rates for finished housing Let us remind you that the apartment must be free from encumbrances, in other words, not be mortgaged, under arrest, from the rights of third parties, etc.
For secondary housing, the mortgage rate at Sberbank is now:
| Interest rates | Rate taking into account the "Showcase" promotion | Rate excluding the "Showcase" promotion | Allowances |
|---|---|---|---|
| Base rates | 10,8 | 11,1 | +0.2% with PV from 15-20%, |
| Campaign "Young Family" | 10,3 | 10,6 | +0.2% with PV from 15-20%, + 0.3% if not salary card Sberbank, + 0.1% if you refuse electronic registration; + 1% if you refuse insurance; +0.6% on mortgages for two documents |
From 06/09/2017, it is possible to reduce the rate at Sberbank on mortgages for finished housing by 0.1% when registering electronically. It also works, which allows you to further reduce the mortgage interest rate.
Another interesting amendment: if the house in which you have chosen an apartment was built with the participation of credit funds Sberbank, then there will be no increase in interest by half a percent, even if you do not receive a salary from the Bank.
- According to 2 documents, the rate will be increased, in order to protect yourself to the maximum, the contribution in this case will be at least 50%.
An increase in interest will occur in the case of:
1% - in case of failure of life insurance;
Interest will be reduced in the following cases:
By 0.1% - if the transaction is registered electronically;
By 0.3% - if you have a Sber salary card;
By 0.3 - if the apartment is decorated under the “Showcase” promotion;
By 0.2 - if the down payment is less than 20%;
0.5% discount for young families.
The minimum amount you can count on for resales is 300,000 rubles, and the maximum should not be higher than 80% of the value of the collateral.
The mortgage rate for finished housing has also been reduced if the apartment is purchased through the Sberbank DomClick website. The discount is 0.3% of the current rate.
To the construction site
| Interest | Bid, % | Allowances |
|---|---|---|
| Base rates | 10,5 | + 0.2% if PV is from 15-20%; |
| Subsidized rates for up to 7 years | 8,5 | + 0.2% if PV is from 15-20%; +1% if you refuse insurance; + 0.1% if you refuse electronic registration of a mortgage; + 0.3% if you do not have a Sberbank salary card; |
| Subsidized rates for a period of 7 years 1 month. up to 12 years old. | 9 | + 0.2% if PV is from 15-20%; +1% if you refuse insurance; + 0.1% if you refuse electronic registration of a mortgage; + 0.3% if you do not have a Sberbank salary card; |
There is a promotion for new buildings until the end of the year, the main requirement of which is the purchase of an apartment from a seller accredited by the Bank ( legal entity). As part of the promotion, you will receive a reduced interest rate.
Well, if you use it before the end of this year, i.e. register ownership of mortgaged apartment in the Bank, and you enter into a PDU with the Developer, and then the Bank handles all the paperwork; you will only be needed to pick up the ownership documents. Agree, very convenient service for our busy lives and busyness at work.
Another short-term promotion is in effect today at the Bank, it also runs until the end of the year inclusive, and it consists in the fact that the Bank is reducing interest rates under the Developer subsidy program. You can find the list of Developers on the Sberbank website; it is published in all regions of Russia.
If your chosen apartment does not qualify for this promotion, then you will need to find a Guarantor so that his income can cover your monthly mortgage payment. In general, your Guarantor's solvency should be the same as yours. Once you have secured title to yourself, the Guarantor can be removed.
The amount available to you here will be from 300 thousand rubles and up to 85% of the value of the collateral.
For mortgages on new buildings, the down payment today is the lowest compared to other programs and is 15%.
For building a house
The interest here is slightly higher than for apartments, but this is understandable, because this is easily explained by the fact that apartments have higher liquidity on the real estate market. The bank covers the risks of the loan with increased interest, and it will amount to 10.5%.
The amount you can count on will also be from 300 thousand and up to 75% of the collateral value; the down payment will have to be at least 25%. But here, too, there are standard conditions that increase the rate: + 1% - if life insurance is refused; + 1% - if you provide other property as collateral, then before registering the mortgage with Rosreestr, after registration this percentage will be removed. But do not confuse a mortgage for the construction of a residential building with a mortgage for country real estate, let's move on to it.
The 0.5% discount for salaried employees remains.
country estate
Here you can buy or build not only a dacha, garden house, etc., but also buy land plot, on which in the future you will be able to build a summer house and a garden with a vegetable garden. Here you will need to enter minimum size contribution - 25%, and the available amount will be over 300 thousand rubles and no more than 75% of the deposit.
Interest rates on loans for country real estate are quite acceptable and range from 11.1%. Well, and the notorious surcharges: +1% - all with the same lack of life and health insurance; +1% - if you provide collateral, then this percentage is before registering the mortgage. Plus 0.5% if income is credited from the employer to a Sberbank card.
Mortgage + maternity capital
Do you have maternity capital and would you like to use its funds for housing?
No question, it’s your right, but take out a mortgage specifically for maternity capital, i.e. You can use it as a down payment or part of it only when purchasing a finished home or a new building. But you have the right to partially or fully repay an existing mortgage loan with maternity capital funds under any program. And again, we remind you that the decision to transfer funds via mat capital is made within two months, so you need to worry about this in advance.
Discussed in detail in a special post.
Military mortgage
Main mortgage terms of this program - to be a military personnel, to participate in the savings-mortgage system and have the right to receive a targeted housing loan based Federal Law dated 08/20/2004 No. 117-FZ. Let's now decipher these arcane legal terms.
According to the above Law, any military serviceman, after three years of participation in the savings-mortgage system, without waiting for the end of his service. Here you have the opportunity to buy not only finished housing, but also housing under construction. True amount military mortgage for finished housing is limited to 2,502,000 rubles and the maximum period for which you can take out a loan is 20 years. But the interest rate here is quite attractive and amounts to 9.5%.
The interest on housing under construction is the same as on a military mortgage on the secondary market, the conditions are also the same, the difference is that before the delivery of the house and registration of ownership, you will have to formalize the assignment of rights, this means that the rights of claim of the participant in shared construction will be pledged .
Pivot table
Let's summarize and analyze all of the above, and compile the results into a summary table so that it is more convenient for you to see what the mortgage percentage is at Sberbank and under what program it operates today. The data in the table is based on what you receive wages to a Sberbank account and agree to insure their life and health.
| Programs | Maximum amount, thousand rubles. | Bid, % | Duration, years | Down payment | Note |
|---|---|---|---|---|---|
| Ready housing | 15 000 | 11,1 | 30 | 15 | +0.2% if the PV is from 15-20%, + 0.3% if there is no Sberbank salary card, + 0.1% if you refuse electronic registration; + 1% if you refuse insurance; +0.6% on a mortgage according to two documents: + 0.3% if you refuse the “Showcase” promotion. Young family promotion rate 10.2% |
| Construction | up to 85% of the property value | 10,5 | 30 | 15 | +0.2% with PV from 15-20%, +1% if insurance is refused; + 0.1% if you refuse electronic registration of a mortgage; + 0.3% if you do not have a Sberbank salary card; + 0.3 for mortgage according to 2 documents; Subsidized mortgage from 8.5-9% |
| Construction of a residential building | up to 75% of the value of the collateral | 11,6 | 30 | 25 | |
| country estate | up to 75% of the value of the collateral | 11,1 | 30 | 25 | +0.3% if the borrower does not receive salary on a Sberbank card; +1% in the absence of a life insurance policy; +1% if the mortgage is issued after registration of the property with the Rosreestr authorities |
| Military mortgage | 2 502 | 9,5 | 20 | 20 | |
| Non-targeted loan secured by real estate | up to 60% of the cost | 13 | 20 | + 0.5 if not a salary employee | |
| Mortgage for garage and parking space | 11,6 | 30 | 25 | + 0.3% if not salary project, +1% when refusing insurance. | |
| Family mortgage | up to 8 million | 6 | 30 | 20 | |
| Mortgage refinancing | 10,9 | 30 |
So, we looked at mortgage rates today at Sberbank, and they are very attractive. We will be glad if our information is useful to you. Therefore, consider, compare, choose and make the only right decision for you. You can calculate the interest rate on a mortgage at Sberbank yourself, use our
Welcome! Today we will look at mortgage conditions in 2019. You will find out what the most favorable conditions are for you in various banks. You will be able to compare your capabilities with the requirements of mortgage organizations, as well as understand which credit organizations It’s not even worth starting a relationship in your case.
A mortgage for improving housing conditions assumes that citizens purchase an apartment or other real estate with the help of loan funds banking organization issued for a specific period. For the entire lending period, the purchased or other object of suitable value is pledged to the bank - these are the main conditions for obtaining a mortgage to ensure the fulfillment of obligations by the borrower.
In 2019, most credit institutions revised their credit policy and increased the rate on housing loans to make the purchase of housing affordable for citizens. Basic loan rates have been reduced for both the purchase of housing under construction and finished housing.
A number of banks do not make any difference between the properties being purchased; the conditions for providing a mortgage loan are the same for both newly built and ready-made apartments in apartment buildings. However, other credit organizations, on the contrary, reduce interest rates specifically for the purchase of housing under construction or newly built housing from accredited seller companies.
This is due to the fact that the speed of purchasing an apartment with a mortgage from a developer is much higher than on the secondary market, because the borrower already has a specific loan object and does not need to engage in a lengthy search for an object, as on the secondary market.
In 2017, the program of state support for mortgage transactions, carried out jointly with leading credit institutions and providing favorable conditions for mortgages, ended, but was launched in 2018
However, leading banks, already without government support, can guarantee mortgage lending conditions and an interest rate comparable to that which existed with government support and even lower, since the flow of mortgage clients has increased and the number of transactions guarantees a stable income for credit institutions.
The development of innovation is also reflected in concluding mortgage transactions, for example, Sberbank offers a 0.5% discount when registering a transaction electronically. Mortgage You can apply for both primary and secondary housing on more favorable terms.
This procedure will take 2-3 days and will help save time on registering the transaction in Rossreestr, and will also be beneficial to non-resident borrowers, as it will make the process of taking out a mortgage remote.
To apply for a mortgage via electronic registration after approval, you must contact the bank’s partner (developer or real estate agency) or Sberbank itself.
Financial experts agree that the cancellation of the state mortgage support program has already been digested by the market. Banks have adapted to new conditions and offer preferential terms purchasing an apartment in a new building in 2019.
How to get a mortgage
The standard procedure for mortgage transactions is as follows:
- The borrower chooses what is convenient for him loan offer and bank;
- Housing is selected: secondary or from an accredited list of developers;
- An application is submitted to the bank to consider the possibility of a loan;
- Upon approval of the transaction, a list of documents on the loaned object is provided;
- Transactions are registered in Rosreestr, insurance is taken out and the banks make the final payment of loan funds for the purchase of housing.
Mortgage repayment
The plan occurs monthly in annuity (equal) or differentiated payments (with a gradual decrease in the amount). The overpayment for the second type of payment is significantly less, but not all banks approve of this option.
Both partial and complete are possible. There should be no fines, restrictions and commissions - this is illegal. Delayed payment monthly payments over 3-6 months, you can get a trial, the imposition of fines, the removal of the object from the borrower’s property and the sale of the apartment at auction.
If you need legal support, then sign up for free consultation to our lawyer in a special form. We will quickly help you resolve all controversial issues with the bank.
State support programs
Since 2017, the state no longer provides reductions credit rate, however, there are other preferential conditions for obtaining a mortgage:
- Using maternity capital accrued Pension Fund at the birth of a second child;
- Military mortgage – for persons participating in the funded military system;
- Mortgage for a young family - for couples or single parents, provided they are on the list for improvement of housing conditions;
- Social mortgage - for persons engaged in certain activities (doctors, teachers, etc.) or living in certain conditions (the Far North zone);
- Mortgage restructuring – writing off up to 30% of bank debt for certain categories of citizens.
We reviewed it earlier in 2019. Be sure to read this article to find out what government benefits you may qualify for.
Calculation and where to get it
You can calculate your mortgage yourself directly on our website. Use our . It will allow you to find out the monthly payment for annuity and differentiated payment, what income is needed for the required amount, how much you will overpay, how the schedule and overpayment will change with early repayment and early cancellation mortgages with maternal capital.
The calculator is very functional and will allow you to quickly calculate the desired option. From this post you can take the percentages, and then plug them into the calculator and compare what conditions in different banks are more suitable.
We also have the “” service running right on our website. With its help, you can send a mortgage application to all banks at once and quickly receive a decision with a partner discount at a rate of 1%.
We are waiting for your questions and suggestions in the comments. We would be grateful for rating the post and liking it on social networks.