Banks with profitable secondary mortgages. Mortgage calculator online. Calculation of mortgages for an apartment and land

Many people, who do not have enough funds to purchase an apartment or a private house for cash, turn to the help of banking institutions to take out a loan for the purchase of real estate.

The most profitable mortgage in banks in Moscow

Consider the popular offers of Moscow banks for mortgages this year.

1. Leading russian bank Sberbank offers low mortgage rates. Finished housing in this credit institution will be offered to you at a rate of 10.75% per annum. The bank offers such a low percentage on the condition that you are a young family, and you have three or more minor children dependent on you. In this case, the loan is given for a period of 10 years, and an initial fee will be more than 50%. If you have less than three children, the rate will start at 11.5% per year.
2. Rosselkhozbank has the most low rate on a mortgage in the city of Moscow within the framework of the program "Mortgage with state support". This is 10.9% per annum for Russian citizens from 21 to 64 years old who have documented their income. If the borrower refuses insurance, the bank will increase the rate by 7%. Loan term - up to 30 years, advance amount - 20% of the loan value. These loans are issued for secondary housing or residential premises in buildings under construction.
3. Promsvyazbank makes an offer with the lowest mortgage interest in Moscow, which will be 12%. A person must be 21 years old at the time of taking out a loan. The loan is provided for at least 3 years.
4. An advantageous mortgage in 2019 in the city of Moscow is offered by Svyaz-Bank with a rate of 12.25%. In this case, the advance payment should be equal to 50-90% of the price of the apartment, the term of the loan is 3-10 years. The borrowed person must have a salary card from this bank.
5. MTS Bank gives loans in Moscow for housing on the secondary market to applicants who are somehow related to this financial institution (have cards for payments or are employees of AFK Sistema). Advance payment - 50-85%, 3-10 years of the loan. Payments are calculated in equal monthly installments.
6. Gazprombank sets the percentage of the annual rate according to the amount of the first payment. 11.5% - if there is salary card of the specified bank, the first installment is more than 50%. Secondary real estate is borrowed from state-owned Moscow enterprises.

A potential borrower looking for a banking institution to obtain a loan must clearly understand what goals he pursues when taking a mortgage program. On the agenda are serious financial obligations that are taken for a long period of time, so it is worthwhile to soberly assess your capabilities. To take out a mortgage on favorable terms, you need to compare rates and decide on other factors of the banking program.

What to look for when choosing a lender?

Today the leading banks in Russia offer their clients mortgage programs based on similar conditions. Pay attention to the following factors:

• Period calculated for loan payments - from one year to 50 years;
• The minimum age of the borrower is 21 years;
• The maximum amount of a mortgage loan is up to 85% of the value of the property being purchased;
• Down payment - from 10% to 50%;
• The size interest rate - from 9.1%.

Each bank has the right to develop and present its requirements for the size and type of collateral, characteristics of the borrower (seniority, registration, marital status), etc.

Determining the best offer

When you make a choice in favor of a particular lender, remember that all of the above factors can affect not only the final interest rate, but also whether a loan will be issued to you in principle.

To decide on the best mortgage offer, follows:

• Explore all mortgage programs from major banks in your area;
• If the interest rate seems extremely attractive due to its low cost, please note that the bank is officially setting the bottom line. When placing an application, depending on your characteristics and the set of aggregate conditions, the size of the interest rate may increase significantly;
• It is possible to make a final impression and make the right choice only in the course of a personal appeal to the bank branch, after talking with a representative of the organization dealing with mortgage loans.

Questions to a mortgage specialist

In consultation with a mortgage specialist, try to find out the following points:

• Is there an option for early loan repayment? Is a penalty imposed for such an action, because some banks provide for a fine in the form of 3% of the residual debt;
• Does a particular bank allow the issuance of a loan to the borrower, if the share monthly payment will be more than 40% of total income the borrower himself or the total income of his family;
• What actions will the bank take if the borrower has delayed the deduction of loan payments for one - several months, etc.

The practice of imposing penalties due to systematic violations of mortgage payments is present in most banks. When choosing a lender, you should find out what exactly threatens you for non-payment (willful or involuntary).

Some banking organizations initiate trial ... If the mortgaged apartment is recovered, its further sale may follow, and the proceeds are used to pay off the debt.

In this case, the affected borrower has at least one option: he will be offered rent a living space in a specialized hotel-type facility or choose the option of settling in reserve fund housing intended for mortgage clients who have turned out to be insolvent.

Such conditions do not apply everywhere, so this is practically the first thing you should ask a potential lender.

Additional expenses

Banks are trying to make the presentation of mortgage programs as transparent as possible so that the borrower does not have any difficulties when choosing a particular lender.

However, in practice, when taking a mortgage, there are almost always additional expenses, which are due to the following factors:

• If an apartment from the secondary real estate market is taken into a mortgage, an appraisal examination will be required. It is not free: the price for the procedure varies from three to twenty thousand rubles, depending on the qualifications of the appraiser, the requirements of the bank and the mortgage program itself;
• After defining market value real estate bank calculates its collateral value. Payments on the resulting difference are borne by the borrower. On average, the difference will be about 15% - 20%. So, for example, if an apartment costs about 2 million, the bank will deduct about 15% of this amount (depreciation of housing, implementation costs, etc.), providing the borrower with a loan for 1.6 million.It turns out that the additional payment to the owner will be about 380 thousand rubles. ... This amount is paid by the borrower;
• When taking out a mortgage, be prepared for additional costs for a mandatory package of insurance services. Some banks charge an interest rate for a client's refusal to purchase life and health insurance;
• Registration of certificates, documents, payment of duties is also an inevitable cost item when taking a mortgage.

The most profitable mortgage programs for 2019

When choosing a lender bank, one cannot rely only on whether that very low interest rate on a mortgage offers. The success of a loan is influenced by many conditions that are described in the programs of banks. At the moment, experts single out the top five favorites among borrowers.

Sberbank

A leading domestic lender has developed a unique program for borrowers, called “Purchase of finished housing”. Its essence can be briefly described in two points:

• Attractively low interest rate - from 10.5% (if the transaction is registered electronically);
• Opportunity to buy an apartment on secondary market.

To become a member of the program, you need to accept bank conditions... Their list includes:

• The loan to the borrower is issued in the amount of 300 thousand to 15 million rubles;
• The borrower can repay the mortgage for 30 years;
• The initial payment will be one fifth of the cost of the residential property;
• The client needs to provide collateral.

On formation of the interest rate, according to the Sberbank program, the following factors affect:

• The size of the first installment;
• Borrower's willingness to purchase health and life insurance;
• If the applicant is payroll client the bank, lower rates apply to it;
• Loan terms;
• If the client provides documents confirming the source of income, this is counted positively for his credit reputation;
• Another factor that determines the size of the interest rate is the liquidity of the property provided on security.

Additional advantages of the program include the absence of commission fees and penalties for early repayment. Also on the bank's website there is an online calculator that allows you to determine the approximate costs for the first time.

The name of this russian bank, unlike its more well-known competitors, is hardly heard by the majority of citizens. Nevertheless, his proposed new mortgage program called "New building" is indeed an extremely interesting proposal. If we add up all the factors, we can assume that this is practically the cheapest mortgage: as an advance, the borrower pays only 10% of the value of the property.

Others terms of the program are:

• Client, this does not affect the formation of the interest rate;
• The interest rate does not change after the registration of property rights;
• You can take out a loan for the first installment from the partners of Promsvyazbank;
• You can use maternity capital for the first installment.

When applying for a loan, the bank may request to provide two guarantors.

The bank has one of the most loyal programs for potential borrowers, called "Apartment on the secondary market."

IN conditions for issuing a loan includes:

• Lending for a period of one to 25 years;
• 15% of the value of the immovable property is paid as a down payment;
• A loan can be issued for an amount of up to 26 million;
• The loan rate is 11.9%.

If the applicant does not agree to purchase personal insurance, the interest rate will increase by 0.5% - 3.2% (depending on the age of the borrower).

Raiffeisenbank's client has the right to choose:

• Loan repayment method - depository or by transfer to the seller's account;
• When he can get the loan amount - after signing the mortgage agreement or completing the registration of property rights.

Specialized mortgage bank offers clients the following conditions:

• The rate is 10.75%;
• The amount of the advance payment - from 20%;
• The maximum loan amount is 10 million.

Requirements bank to borrowers and real estate:

• Russian citizenship;
• Accommodation in the region where there is a branch of the BZHF;
• The purchased apartment must be located in a building with a height of at least three floors.

pros bank:

• Percentage of approved mortgage applications - 82%;
• When registering an Express + mortgage, you can get approval within 24 hours;
• It Is Possible To Take A Mortgage Online And / Or With Two Documents (passport And SNiLS).

Having calculated the possible costs and comparing them with the advantages of the BWF program, we can assume that this is the most profitable mortgage from the proposed (at least the flexibility of the conditions).

One of the most famous banks in Russia issues mortgages based on state support. To take out a loan, you must have half of the amount to buy real estate. The bank will lend the rest of the money at an interest rate of 10.8%. The loan is issued for a period of 12 months to 7 years.

Others requirements and conditions for borrowers:

• An increase in the interest rate by 0.5% with a decrease in the amount of the down payment and / or a lengthening of the crediting period;
• Loan repayment period - up to 30 years;
• Loan amounts from 3 to 8 million rubles for residents of the capital / St. Petersburg and regions, respectively.

One of the significant advantages of the program is that if the borrower refuses to insure life and health, the interest rate does not rise.

Output

The choice of the most profitable mortgage depends not only on the reputation and conditions set forth by the lender. You should also define some points for yourself personally, namely:

• Availability of the amount for the initial payment;
• Desired loan amount;
• Mortgage payment term;
• Loan repayment method.

The economic situation in recent decades leaves much to be desired. Due to the lack of well-paid jobs, many families are unable to purchase their own housing. Some decide to save up for an apartment for years, meanwhile renting a house, while others turn to the bank for help. How is it profitable to take out a mortgage? First of all, it is worth examining the offers of popular financial institutions.

What is mortgage

Many construction firms today cooperate with commercial banks and other popular financial institutions. This interaction is beneficial for both parties. Housing on credit is an opportunity to conclude a deal for both the developer and the bank. The client himself wins, who, not having a large amount, can move into the housing purchased on a loan.

Mortgage is the main condition in this case is the registration of real estate, which is acquired under a contract, on security. it additional insurance for all parties to the transaction. If the client cannot repay the loan for a number of reasons, the house goes into the possession of the bank. As a result, no one owes anyone. What is more profitable, taking out a mortgage or a loan? The latter option is more acceptable when it comes to purchasing an apartment or house.

What nuances you need to know

Any loan is debentures... Therefore, before concluding an agreement with a financial institution, it is worthwhile to study its terms. First of all, you should pay attention to the interest rate, study the issue of the presence of hidden fees. These indicators will primarily affect the amount of overpayment on the loan. What mortgage is more profitable to take? It is worth paying attention to those proposals that suggest the possibility early return debt without penalties.

Particular attention should be paid to the choice of the bank with which the transaction will subsequently be concluded. It is beneficial to take a mortgage for a young family at Sberbank. The conditions will be described below. In general, it is undesirable to enter into an agreement with a financial institution that has been on the market for less than 5 years.

Another important point to pay attention to is total income families. It will not be possible to take out a secured loan if the alleged minimum payment under the contract will exceed 40% of this indicator.

Sberbank

This financial institution is today a leader in mortgage lending... Under the terms of the bank, you can purchase real estate, as finished house, and at the stage of development. How is it profitable to take out a mortgage? It is worth paying attention to proposals with state support. On the positive side, the transaction is in rubles. Therefore, the overpayment on the loan will not be tied to the foreign exchange rate.

Any citizen of Russia who has reached the age of 21 can become a client of the bank. The contract can be concluded for a period of 1 to 30 years. It should be borne in mind that the longer the client owes the bank, the greater the final overpayment will be. At the same time, with a short loan term, the minimum monthly payment... The annual interest rate on the loan is 11.4%. A prerequisite is an initial payment of at least 20% of the total value of the property. How is it profitable to take out a mortgage from Sberbank? Increase the amount of your advance payment!

Tinkoff Bank

Those who are interested in which mortgage is more profitable to take should pay attention to the offer of this financial institution... The fact is that " Tinkoff Bank»Offers an annual interest rate of 10.5% on the loan. The loan term is the same as in the previous case - 30 years. There are no hidden fees. An adult client can conclude a deal for the purchase of housing not only in the primary, but also in the secondary market.

Tinkoff Bank has convenient online support. Everyone can register their data at home and send an application for a loan. If the financial institution approves the request, all that remains is to collect required package documents and go to the nearest bank office to sign the contract. In addition, the official website has a convenient credit calculator, allowing you to calculate in advance how it is profitable to take out a mortgage.

"Opening"

The financial institution is relatively young. Despite this, the number of clients is only increasing due to favorable lending terms. The overpayment under the contract will directly depend on the initial payment. What mortgage is more profitable for a young family? The most attractive are deals related to apartments in new buildings. The financial institution offers a rate of 11.3%. The amount of the advance payment must be at least 20%. The cost of housing cannot exceed 8 million rubles.

Those who want to buy an apartment on the secondary market will be able to conclude an agreement with a rate of 12.75%. In this case, the initial payment should already be at the level of 30%. The maximum loan term is 30 years. Maternity capital can be used as a down payment.

"Trans Capital Bank"

If you study the question of whether the opinions of Muscovites show that the most attractive conditions are offered by Trans Capital Bank. Everyone can buy property in residential complex "Uspensky Kvartal" only at 8% per annum. The only negative is the short term of the loan. A mortgage can be issued for as little as 8 years. Such an offer will be convenient for people with high wages.

Trans Capital Bank offers to purchase real estate in the secondary market at 11.9% per annum. Loan term - 25 years. Maximum amount transactions - 20 million rubles. The down payment must not be less than 20% of the mortgage value of the property. Reviews show that at any stage it is possible early repayment debt without penalties.

The financial institution provides for the use of maternity capital as a down payment. In this case, the advance payment must be made within 3 months from the date of the transaction.

"Promsvyazbank"

This financial institution today offers the most profitable terms lending, according to reviews. To conclude a deal, the client must provide information about the official place of work, the period of stay at which cannot be less than 4 months. How is it profitable to take out a mortgage for an apartment? All you need to do is apply to the nearest bank branch with a passport of a citizen of the Russian Federation, as well as an identification code. The lowest rate (5.99%) will be offered to those who want to purchase housing in a new building. A prerequisite is the age of the borrower at the time of the conclusion of the agreement 21 years. Such a low interest rate is offered only to those customers who have been serviced by Promsvyazbank for more than a year.

Clients who apply for help to a financial institution for the first time will be offered a rate of 11.4% per annum, subject to the purchase of an apartment in the primary market and 12%, subject to the purchase of housing in the secondary market. The maximum loan term is 25 years.

"Rosselkhoz Bank"

The conditions of this credit institution cannot be called the most favorable. At the same time, the bank ranks fourth in terms of reliability, according to data provided by the Central Bank. The mortgage rate depends on the advance payment made by the client. So when paying more than 50% of the original value of the property annual percentage will be at 11.5. The minimum advance payment under the terms of the bank is 10%. Wherein annual rate will be at the level of 12.9%. The maximum loan term is 30 years. The deal can be concluded at total amount 20 million rubles.

How is it profitable to take out a mortgage? Reviews show that, in addition to paying an impressive advance, you will also need to confirm your income. The bank carefully evaluates the solvency of its clients. A financial institution can consider an application for registration of a mortgage transaction up to 5 business days.

Where and how it is profitable to get a mortgage: step by step instructions

Those who decide to purchase housing on credit will have to act according to the following scenario:

1. Study the offers of popular financial institutions, choose the most suitable option.
2. Send a preliminary online request to the selected bank.
3. If the answer is yes, collect the required package of documents. The obligatory ones include: a passport of a citizen of the Russian Federation, an identification code, a military ID if any, (having children), a certificate of income for the last 6 months.
4. Come to the bank with a package of documents at the appointed time and conclude a mortgage agreement.

In addition, the financial institution will require documents relating to the property that is a pledge. In addition, the bank may request information about the income of other family members. The higher, the more likely it is that the bank will give a positive answer.

Mortgages can be beneficial for those who are confident in the future. In the absence of stability, it is not worth concluding an agreement with a financial institution.

An undeniable fact: real estate prices in the Russian capital are showing a steady upward trend. Nevertheless, the needs for their own housing among Muscovites and citizens who want to become them are also growing naturally. Therefore, it is quite natural that mortgages in Moscow are gaining popularity day by day. A logical response to the growing demand for mortgage lending has been a variety of relevant credit programs from Moscow banks. To study all of them and choose the option that is optimal for all the parameters presented, it takes a colossal amount of time, during which housing prices in Moscow will rise even higher. We can avoid these difficulties, save your time and, as a result, your money!

A profitable mortgage for a large amount is a reality!

If you are interested in a mortgage for an apartment, then at your service is a huge number of mortgage loans from Moscow banks. All of them differ in a number of the following characteristics: the amount of the loan, the length of the period for which the loan is issued, the amount of the down payment, the amount of overpayment at the mortgage rate, requirements for the borrower, and the like.

Of course, every potential borrower wants to find such a mortgage loan that offers the most favorable conditions for each of these parameters. In other words, the ideal mortgage in Moscow is a large amount loan with a minimum interest rate, issued without a down payment and without draconian requirements for the number of documents presented on the status of the borrower. Of course, such ideal mortgage loans do not exist (they are simply not profitable for banks), however, it is quite possible for everyone to choose the optimal combination of all requirements and find the best mortgage offer for themselves using the site.

How does the service work?

So, the site is a large database of loans that brings together all the available offers for mortgage loans in Moscow. A convenient navigation system, coupled with an intuitive interface, will allow everyone to easily choose the right offer from the whole mass of banks according to the specified parameters. Thus, you yourself determine those mortgage offers that are not suitable for you for any reason ( high rate, a large amount of the initial payment, the requirement to collect a weighty package of documents before obtaining a loan), and study only those that you really might want to use. In addition to the actual mortgage offers, on our project you will find important information about the history of each of the creditor banks, about their reputation, about the features of their loan programs, which will help you make a really right decision without significant time investment.

Why is it so convenient to choose a mortgage from a website?

Choosing a suitable mortgage offer for a room or an apartment with the help of our service provides you with the opportunity to minimize current costs when registering a mortgage. In addition, thanks to the site, you will also benefit from the payment of a mortgage loan - choosing the most reasonable mortgage rates. Finally, with the help of our project, you will save time, which is known to be successfully converted into money: if you have chosen several suitable offers for yourself, just fill out an online application for each! No unnecessary trips around credit institutions - Your presence is required only in one bank, where you will already sign all the necessary documents for the purchase of your new home!

The issue of purchasing apartments makes Russians look for the best banks for mortgages offering the most favorable terms. The constantly decreasing interest rate for the use of borrowed funds encourages citizens to buy apartments, since such a favorable period may end, and the value of real estate will rise again. To determine which is the most profitable mortgage loan to prefer without being refused, you need to carefully compare the conditions of all financial and credit structures offering such products.

What is mortgage

For Russian citizens, this concept is strongly associated with the purchase of housing on credit. Most of the mortgage lending programs for the population do provide for the purchase of real estate in the primary or secondary market, but the concept itself is much broader. A citizen can arrange a targeted or inappropriate receipt of a loan, and provide a bank organization with the property he owns as security. The borrower can spend the received amount for the purposes, stipulated by the contract... Such an action is considered mortgage loan.

The peculiarities of the mortgage include the fact that the loan is issued for a long period, which can reach 30-50 years in some banking programs, the client gets his hands on large sumsthat can be used to pay for the purchased housing. Real estate, according to the mortgage contract concluded with the bank, remains in the ownership of the owner - a credit and financial organization - until the borrower pays off the debt in full. If the debtor turns out to be insolvent, the creditor takes the pledged property, providing coverage for losses.

Due to the acute need for their housing of most of the country's population, the state has developed a procedure for supporting poor citizens... Its distinctive feature is the lowest rate among the available offers, as well as budget subsidies for the payment of the loan. Depending on the personal category of the beneficiary, money is provided in cash or in the form of a certificate authorizing the payment of part of the debt. To take out a mortgage for preferential terms, you must confirm the right to preferences.

Minimum interest rate

The quantity mortgage rates may change regularly, during one year, demonstrating a decrease and an increase, depending on the financial circumstances of credit structures - all banks offer a variety of programs for issuing money, with different loan overpayments. The mortgage rate is formed according to complex nonlinear financial laws. The following factors can be distinguished according to which the mortgage lending rate is determined:

• The profit of the financial institution, or the margin that is in the final price of each loan.
• The value key rate TSB RF. This criterion is considered the main factor that banks are guided by when they offer to take out loans to legal and individuals... During 2018, the Central Bank steadily reduced the key rate, giving credit institutions the opportunity to make low payments on housing loans. This was done so that the mortgage became available to the general population in need of their housing.
• The degree of risk. The banking structure assesses the likelihood of losing money, takes into account the provision of potential borrower information about the income received, the presence or absence of an initial payment, surety, insurance of real estate, health of the borrower and other scoring criteria (assessing the reliability and solvency of the client). All this information is included in the mortgage rate.
• Buying an apartment from a specific developer. If housing is purchased from an accredited partner who is a participant in the state aid program for the poor, then the mortgage rate may decrease.
• The rate of inflationary growth by this year... Estimation of inflation is made according to official statistics for the country and is included in the rate in order to level out monetary losses when issuing a loan for the purchase of housing.
• The situation in the country's housing market. With demand exceeding supply, as it was before 2014, the mortgage rate increased, since citizens viewed the purchase of real estate as a way of investing free financial resourcesbut did not purchase housing for personal use. Crisis 2014-2015 entailed a sharp drop in demand for apartments, developers were forced to reduce the price of real estate. The mortgage rate became low, reaching historic lows by the end of 2017.

The state, represented by the president of the country, offers banks to reduce the mortgage lending rate for 2018. A profitable mortgage at 6% per annum will become available to those people who could not afford to think about their apartment. This project is proposed as a replacement for a mortgage with government subsidiesimplemented in 2015-2017. You can count on a low rate on home loans under the following circumstances:

1. Participation in the program state support mortgage lending. Beneficial categories of citizens - the poor, young families with or without children, military personnel, teachers, civil servants applying for housing - can enjoy the lowest rate and other preferences that are compensated by the budget if they prove their right to the benefit.
2. Credit history. Bank managers are more loyal to clients who have proven their conscientiousness and reliability in repaying debt on a loan who do not have bad story payment of debts. Such citizens will be quicker to approve a loan application, they are offered low interest rates.
3. Official income. If the applicant prepares information in the 2-NDFL form about high "white" income, at which you can safely pay off the loan debt, then the chances of getting money at a low rate increase dramatically - the bank is calm about its investment.
4. Whether the borrower is a client of the bank. Many credit and financial institutions relax their interest rate requirements if the client has a special debit “salary” or retirement account that receives regular income. Some organizations offer clients to transfer money to an account with this bank in order to enjoy the prerogative of low interest rates.
5. The method of filing an application for a loan. Many financial companies stimulate customers by offering remote processing of a loan application via the Internet, making the interest rate lower for this method of submitting an application for consideration. Online application helps to avoid queues at branches, relieves service personnel.

Which bank is the best to take out a mortgage in 2018

Favorable conditions for obtaining money for the purchase of housing make citizens look for an answer to the question of which banking structures offer the lowest mortgage rates in 2018. When advertising their loan products, banks focus on low interest rates, but best deals mortgages take into account many criteria. These include:

• The presence or absence of the first installment on the loan, its size.
• Interest rate and availability additional payments - appraisals, property insurance, payment of commissions.
• The term for issuing funds.
• The method of repayment of the body of the loan and interest - annuity payments provide for the payment of equal amounts on a monthly basis, differentiated (repayment in unequal parts) - the fact that most of the mortgage, together with interest, must be returned at the initial stages of payment, a smaller part by the end of the contract.

Bank reliability

For mortgages, a great advantage will be the reliability of the bank, with which a long-term loan contract is concluded at low interest rates. If the banking structure turns out to be incapable of settling accounts with debtors, then the borrower may have problems with determining the owner of the mortgaged housing. When choosing a bank candidate, one must take into account both the low rate and the degree of reliability of the financial corporation, guided by the following list of universal criteria:

• Financial indicators for the current date - by the amount of assets, the availability of annual profit, the number of deposits, the size of the loan portfolio.
• The availability of credit programs.
• Credit ratings assigned by international agencies.
• Lack of information in the media about financial problems, unscrupulous behavior of managers.

According to these indicators, Sberbank holds the first place in terms of reliability among Russian banks, with assets of more than 22,900 billion rubles and a loan portfolio of 15 billion rubles. Positive growth and increased profits guarantee close cooperation with the government on preferential mortgage lending. The second place is occupied by VTB-24, with assets worth more than 9 billion rubles and a loan portfolio of 5200 billion rubles. Reliability is ensured by state support, since most of the shares of the credit company are owned by the state.

Interest rates

When choosing which organization has the cheapest mortgage, one must take into account the size of the real interest rate. Stocks that offer low interest payments on a loan are often not true. The borrower is counting on low interest rates when contacting a credit institution, and the company's employees claim that a reduced rate is not due upon presentation of a passport and a second document. When signing the contract, the document may indicate percentages even higher than those specified earlier.

The borrower must study the formula according to which the banking structure will calculate payments - some organizations do not allow themselves to choose between annuity and differentiated contributions, they offer only one way to repay the debt. It is more profitable for Russians to pay off the debt in equal parts, since such a load has the least effect on the family budget.

Mortgage agreements provide for compulsory insurance of the mortgaged real estate with its preliminary assessment, which makes the loan more expensive. In addition, many financial institutions offer the borrower to insure health and life without signing an agreement without having a policy on the client's hands. When choosing a lending program, you need to immediately find out what hidden commissions and payments are included in the low rate, whether there are bonuses.

An initial fee

A major obstacle in the way of citizens who want to get a loan for an apartment at low interest rates is the initial payment, which is offered to be deposited into the account before the issuance of funds for the mortgage loan. The amount of the first payment varies between 10-50% of the appraised value of the acquired property. Depending on the size of the initial payment, the loan rate may increase or decrease. Not all Russians with children who need apartments have accumulated finances for a large first payment.

The problem is being solved by the state, which offers certain categories of citizens to make an initial payment for them. Money is issued in cash, or by a certificate that can be used to pay the fee. To apply for a privilege, you need to be registered by the municipality as in need of affordable housing, provide information about a low number square meters for each household, other documents provided for banking rules and legislation.

The amount and term of the mortgage loan

The amount of credit depends on the specific price of the apartment that the borrower wants to purchase. If he belongs to the privileged category of citizens who are offered a low mortgage rate, then the borrower has little choice - he can buy housing from accredited developer partners of the banking company. If a citizen wants to get money by pledging an existing property, then the amount of the loan to be issued will depend on the property appraisal. It will not be possible to get 100% of the cost of housing, banks offer 60-75% of the price of an apartment.

The amount of funds received is influenced by the initial contribution made. The loan amount can vary from 300 thousand rubles to 40 million rubles for residents of Moscow and St. Petersburg. The amount of finance received is directly related to the terms of the loan - the larger the loan, the longer it will take to repay. It should be borne in mind that the longer the duration of the loan repayment, the higher the total loan overpayment will become, but the monthly payment decreases. The mortgage loan is offered for 3-50 years, depending on the specific banking product.

Interest formula

On the official website of each banking institution there is an automatic calculator with which it is proposed to quickly calculate monthly loan payments. The user sets the main parameters - the amount of the loan, the desired repayment period, the option of paying the debt - annuity or differentiated, and the system calculates the overpayment on the loan, indicating at the same time the debt repayment schedule.

If the loan calculator is suspicious, then you can independently calculate the interest paid using formulas for each type of contribution. For annuities, the formula for the monthly mortgage payment looks like this:

A \u003d C x n /, where

С - the amount of the mortgage;

n - interest on it;

s is the number of debt repayment periods.

Differentiated payments assume that the principal loan is repaid in equal installments, and the interest payment varies from a maximum for the first installment to a minimum for the latter. The formula for calculating the first payment is as follows:

A₁ \u003d C x (n + 1 / s), where

С - the amount of the loan;

P - rate on it;

s - the number of debt repayment periods.

Mortgage programs many banking institutions offer annuity payments to pay off debts as the most acceptable for a mortgage. Differentiated payment can become attractive for a small loan, when the amount of the first, largest installment, does not overwhelm family budget... For a large loan, which is a loan for an apartment, annuity payments are suitable, with the introduction of the same amounts on a monthly basis - the low amount of payments will not burden the borrower.

Where is the lowest mortgage interest rate in 2018

Many banking institutions have sharply reduced rates on housing loans by several points at once, following the steady decline in the key indicator of the Central Bank of the Russian Federation. Clients are offered lucrative low-interest mortgage contracts valid at the beginning of 2018. See where the lowest mortgage rate is and estimate current offers can be in the table below:

Which bank has the most profitable mortgage in 2018

Many potential borrowers cannot decide which bank to take borrowed funds, since different products are offered, and the percentages are constantly fluctuating both in the direction of decreasing and increasing. Take advantage of the current trend of low rate mortgage loans and take profitable loan, you can by comparing the current offers for 2018 from the following table:

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