The best mortgage loan. Which bank is better to take out a mortgage. Types of mortgage programs at Otkritie Bank

How to choose the cheapest secondary home mortgage in 2018? Which bank in Moscow has the most profitable mortgage? Who will help you arrange a mortgage profitably?

Hello to all! Denis Kuderin is back in touch!

We continue our series of articles on mortgage lending. The topic of the new publication is a profitable mortgage. The material will be useful to everyone who is thinking about buying a home on credit and looking for the most favorable conditions in financial institutions.

So, let's begin!

1. What conditions for mortgage loans are considered beneficial?

For many citizens, mortgage lending is the only way to acquire their own housing, not after years of savings and savings, but right now.

Mortgage loans secured by real estate are a popular type of lending throughout the civilized world.

In Russia, this method of acquiring housing became popular only 15 years ago. Nevertheless, thousands of citizens of the Russian Federation have already managed to buy real estate on a loan on long-term collateral, and some have even fully paid off their loans.

Secured loans - briefly about the main thing

Before talking about a profitable mortgage, you need to say a few words about the properties of loans secured by the acquired real estate.

Briefly about the main features of a mortgage:

• loans are taken for a long term (from 5 to 30 years and more);
• loans are of a targeted nature - they are issued only for the purchase of housing, in extreme cases, for the construction of your own house;
• the buyer, although he becomes the owner, does not have the right to dispose of the property without the knowledge of the bank until the full payment of the loan.

The main advantages of a mortgage are the speed of obtaining a loan (especially if you act through professional credit brokers), a large selection of programs, profitable investment funds.

Good-quality apartments do not become cheaper over the years and, whatever one may say, renting someone else's housing is always more expensive than buying your own.

True, there is a danger that in case of non-payment of the debt, the bank will take the collateral for itself in accordance with the clauses of the mortgage agreement. In addition, loans are not issued to everyone in a row - in order to issue a loan, you must meet the requirements established by banks.

These requirements are approximately the same in all financial institutions:

• a certain age (from 21 to 40-45);
• availability of stable work;
• the appropriate amount of the borrower's income;
• good credit history.

For more details on how it works and how it works, read a separate article on our website. In this publication, we will talk about a profitable mortgage.

What is a "profitable mortgage"

Even those who have never taken out loans are aware that a mortgage implies a life in debt and a substantial overpayment for the acquired property. Therefore, the phrase "profitable mortgage" attracts the ear of every borrower.

Example

A family of 3 people decides to take a mortgage loan for a 2-room apartment for a period of 20 years and worth 3 million rubles. The monthly payment at an interest rate of 13% per year will be 35,000, and the total payments for the entire period will be approximately 5.4 million.

The calculation did not take into account one-time commissions and insurance payments... With them, the amount will be even more impressive.

It is not surprising that with such overpayments, citizens are pre-determined to look for the most comfortable conditions for their pocket.

However, the benefit does not always depend on the lower interest rate. Choosing a “profitable” mortgage with low interest rates, the borrower does not automatically receive guarantees that this money will not return to the bank in another way - for example, through a complex system of commission payments.

Another example

Many borrowers are happy to take a mortgage without down payment... Banks present this service as super-profitable for the borrower.

In fact, the lack of primary payments means only that they will be made a little later. At the same time, the total overpayment will most likely be even higher than with primary contributions.

Experts believe that the word "benefit" as applied to modern mortgage loans is an extremely vague concept. Its interpretation strongly depends on the momentary financial circumstances and the subjective opinion of the borrower.

But if you look at mortgage loans from the right angle, the obvious "advantages" of popular mortgage programs are not always so.

Moreover, it is precisely those programs that look or are presented as inconvenient and unprofitable, in fact, turn out to be the best option.

Those who are willing to make some sacrifices for the less obvious, but more valuable in the long run, benefit.

2. Secrets of a profitable mortgage - expert opinion

A few words about whether it is profitable to take out a mortgage now, in times of economic instability. Financial analysts do not dissuade citizens from registering mortgage agreements in this year, but urge to treat the program selection process with maximum attention.

In particular, it is definitely not worth taking a loan in foreign currency, no matter how profitable it may seem annual percentage... Thousands of borrowers have already fallen into the "currency traps" of past years and there is no guarantee that this situation will not happen again.

Example

In 2008, the difference between payments in rubles and in foreign currency at credit rates in Sberbank was only 1-1.5 thousand rubles. Mortgage loans taken at that rate in rubles and dollars were almost no different: the borrower paid 35,000 rubles or $ 1,100 (which also amounted to about 35,000 at the rate).

By 2016 monthly payment on dollar loans has objectively almost doubled, now it is 75,000 rubles. And those who took the “ruble” program continue to pay a fixed amount of 35,000.

Now about some of the other "advantages" and "pluses" with which modern borrowers are attracted.

Let's list these offers from financial institutions:

• floating rates;
• refinancing;
• reduction of rates.

Let's take a closer look at each item.

Floating rates

If you listen to bank managers, a floating rate is a super-profitable option for borrowers, guaranteeing a change in annual and monthly payments depending on objective market processes.

However, the risks in this case are, again, placed on the fragile shoulders of the borrowers. Some analysts believe that the risk of floating rates is as high as that of foreign currency loans.

The system of calculating interest at a floating rate is tied to economic indicators, and in the near future in russian economy no improvement is expected.

Moreover, the inflation rate will rise. For the borrower, this will cost nothing more than an increase in the floating interest rate. Moreover, the size of this indicator is not limited by any limits, which can easily lead to the insolvency of the borrower.

Some believe that a variable rate loan is beneficial over a short distance. That is, if you take a loan for 5-7 years and pay off the bank in a timely manner, nothing bad will happen - on the contrary, you will be able to save a few percent at the rate for the entire period of payments.

I can say that people who took out foreign currency loans for the same 5 years in 2006, with the intention to quickly repay them for favorable terms... The crisis of 2008 made adjustments to the borrowers' calculations.

Refinancing

Today financial institutions offer clients a variety of programs with combined interest rates. Borrowers are promised a reduced rate for several years, and then - loan refinancing.

The purpose of refinancing, at first glance, is very clear - to improve lending conditions. However, in reality, everything is not so rosy. Borrowers hope that now they will take out a loan on attractive terms, and after the grace period ends, they will refinance it at the average market rate.

But banks are extremely reluctant to refinance and often deny borrowers their legal right to renegotiate credit conditions. Customers usually do not receive any improved software. Instead, they switch to the same floating rate with high interest rates.

In the early years (while grace period) the borrower usually pays only interest. When he switches to a regular rate, the main debt is practically untouched: the borrower has no special advantages, the overpayments are as high as with a regular mortgage loan.

Reduced rates

IN last years on the financial market there have been many programs offering bank customers to pay now for rate cuts in the future. However, the fees for such a reduction are very decent, ranging from 1.5% to 7% of the total loan amount.

The examples of calculations presented by managers show the real savings in overpayment to users of programs with payment of a rate cut. However, all savings will be zeroed if the borrower decides to repay the loan ahead of schedule - and this is what all mortgage clients strive for.

Bank employees are likely to keep silent about this nuance. As a result, the recipient of the loan will not receive any benefit - he will only overpay the extra (and considerable) money.

About that, read the detailed material on our website.

3. Who can benefit from preferential mortgage loans?

If we talk about the real benefit, then it is the citizens who have the right to preferential mortgage lending.

There are several types of benefits:

• reduced interest rate;
• no down payment;
• availability of credit holidays - suspension of payments for 1-3 years at the birth of a child or under other circumstances.

Beneficial programs are designed to make mortgage loans accessible to low-income categories of the population.

Who is eligible for preferential programs:

• young families (up to 35 years old);
• young teachers;
• young professionals;
• families with 2 or more children eligible for a maternal mortgage;
• military personnel.

Despite the many advantages of preferential programs, they have certain disadvantages. For example, participants are obliged to purchase real estate only from a certain developer in a certain area, or the purchase is accompanied by mandatory participation in shared construction.

4. What to look for when choosing a profitable mortgage

It is difficult to decide which mortgage is the most profitable without examining all the conditions of mortgage programs.

Experts advise paying special attention to the following points:

1. Interest rate.
2. The amount of the first installment.
3. rules early repayment.
4. Service fees.
5. Insurance payments.

A mortgage agreement is not a document that you can "wave without looking". The entire text deserves careful study, including notes and those places that are written in small print.

Now - in more detail about the most important conditions.

Condition 1. Interest rate

The annual rate on a loan is the first thing that people pay attention to when choosing a program. This would really be the most important point if the banks were to play completely openly with the client.

But most lending institutions, being purely commercial organizations, care, first of all, about their own benefit, and not about the client's savings.

Therefore, when you see a low interest rate on loans, do not flatter yourself - perhaps this is just a marketing ploy to attract your attention. Further study of the conditions will allow to assess the benefits of the program more soberly.

In the current year, the average rate in Russian banks is in the range of 12-15%.

Condition 2. The amount of the down payment

This is also an important point. It shows how much the client needs to pay to the bank immediately after signing the contract. Usually it is 10-30% of total amount mortgages.

The amount is substantial, but it is a kind of demonstration of the borrower's serious intentions. If the recipient of the loan has money for the first installment, it means that he is ready to pay the principal amount.

Many customers habitually look for banks with minimum first contribution or even without it. However, remember: the less you pay today, the more you will have to pay tomorrow.

Condition 3. Rules for early repayment

The most important clause of the contract. As already mentioned, the overwhelming majority of payers seek to pay off loans ahead of schedule in order to relieve the family's heavy debt burden. For banks, early payments are not profitable - they mean no profit in the future.

Credit firms, as best they can, obstruct clients who want to pay off as soon as possible. For example, they are prohibited from paying more than the monthly installment until a certain date, or they are charged additional fees for processing early repayment.

Loyal conditions for "early adopters" are a sign of a really profitable mortgage.

Condition 4. Bank commission

A moment that is often overlooked. The lump-sum commission for issuing a mortgage is sometimes a substantial amount - from 1% to 4% of the loan amount or the cost of housing. The lower the commission, the higher the annual interest rate and vice versa.

People with a mathematical mindset will certainly understand this kind of arithmetic, but not all clients know how to calculate the benefit (or lack thereof) in the long term.

Loan disbursement fees are not all the money you have to pay besides interest and the loan body. There are also service fees that many customers happily forget.

At first glance, these shares of interest seem insignificant, but since they are charged regularly, impressive amounts run up over the year.

Example

The borrower took out a loan at an extremely favorable 11% per annum and did not pay attention to the fact that the contract mentioned a 0.4% commission for servicing the account. In small letters in the notes next to these numbers, it was indicated: monthly.

If you are not too lazy and count, then the annual service charge will run up to 4.8%. It turns out that in fact the loan in this bank is not 11%, but 15.8% per annum. And this is tens of thousands of rubles annually. What is called - feel the difference.

Condition 5. Insurance premiums

There are no trifles in legal and financial matters. Many clients forget about this clause of the contract, regulated by law. According to law compulsory insurance the payments themselves are subject to. All other types of insurance are voluntary.

But the catch is that from your consent to voluntary insurance risk often depends on the value of the interest rate.

Banks strive to secure their financial transactions as much as possible, therefore they insist not only on insurance payments, but also on insurance of the client's life, efficiency and health (and at his expense).

5. In which banks is the most profitable mortgage - TOP-5 profitable mortgage programs

There are many attractive programs, but to find them among hundreds credit offers, you have to spend a lot of time.

Most profitable programs on the current period time I will present in the form of a table:

№	Bank	The name of the program	Interest rate	Loan size and term
1	Credit Bank of Moscow	Mortgage with state support	from 7% to 12%	Up to 8 million up to 20 years
2	Rosselkhozbank	Home mortgage lending	13%	No more than 20 million to 30 years
3	Sberbank	Mortgage with state support	13%	Up to 8 million for up to 30 years
4	Primsotsbank	Housing on the secondary market	12,5%	Up to 10 million for 5 to 25 years
5	VTB 24	Housing in the primary and secondary markets	from 13%	8 to 75 million for up to 30 years

Please note - in some banks until the end of the 16th year the preferential mortgage with state support for all citizens. The rates for such programs are significantly lower and amount to 7-10%.

Good afternoon, dear readers of the financial magazine "site"! Today we will talk about a profitable mortgage loan (cheap mortgage).

From the presented article, you will learn:

• What conditions of a mortgage loan can be called favorable;
• Who has the opportunity to get a preferential mortgage;
• What parameters should you pay attention to when choosing a profitable mortgage loan;
• Where (in which bank) is it more profitable to get a mortgage;
• Who will help you get the most favorable mortgage.

At the end of the publication, you will find answers to frequently asked questions about mortgages.

The information provided will be useful to those who are planning to buy housing on a mortgage loan and select the best conditions. If you belong to this category, do not waste time, read our article right now!

This publication is about a profitable / cheap mortgage: how to choose it, where it is more profitable to get it, in which bank you can apply for a low interest rate

In our country mortgage became the only option that allows you to move to your own home today, without wasting time and effort to accumulate money in the amount of the cost of an apartment. On our site there is a separate article on how to do it yourself and become the owner of your own home.

All over the world, mortgages with real estate collateral have been popular as a way to purchase housing for many years. In our country, this option for buying an apartment began to develop only 15 years ago.

Nevertheless, a fairly large number of Russian citizens have already managed to use a mortgage. Moreover, many have already been able to successfully repay such loans.

1.1. The main features of loans secured by real estate

The main characteristics of a mortgage are:

1. Targeted character. That is, the funds received in the mortgage can only be spent on purchase of real estate... Much less often they are issued for building.
2. The property remains pledged by the bank,despite the fact that upon purchase, it becomes the property of the borrower. That is, until the mortgage loan is fully repaid, it will be impossible to sell or donate real estate without notifying the bank. Often, even to register relatives here, a separate permit is required.
3. Long term. Most often, a mortgage is issued at least for 5 years... The maximum period may exceed 30 ... Everything here largely depends on the age of the borrower.

There are a number of advantages of a mortgage:

• high speed of receiving money and buying an apartment, especially for registration through professionals, the so-called brokers;
• a large number of programs on the market, the choice of which depends on the specific situation;
• profitable option for investment.

Choosing between rent and mortgage, it should be understood that apartments almost never fall in price over time. Furthermore, rent payments often go up, while mortgage payments often remain unchanged.

It turns out that in the long term, renting is usually more expensive than paying off a loan for your own home.

Naturally, in addition to advantages mortgage loans have and limitations ... The main ones are the consequences that occur if it is impossible to pay off the mortgage loan. In other words, in situations like this the credit institution has the right to take the collateral .

Do not forget that it is not so easy to get a loan. To do this, you must comply with certain requirements of credit organizations that apply to borrowers for mortgage loans.

The basic requirements for a borrower in most credit institutions are the same:

• minimum age 21 year, maximum - approximately 40 -45 ;
• high-quality credit reputation;
• stable place of work;
• sufficient monthly income.

Only when doing all of them simultaneously necessary conditions the applicant can count on a positive decision on the mortgage.

In a separate article, we also wrote how and without refusal and which banks are ready to give a loan in this case.

1.2. What kind of mortgage can be considered profitable

Everyone knows that with a mortgage you have to live in debt for a long period. The result is significant overpayment... That is why those who wish to buy an apartment on credit react very sharply to the phrase profitable mortgage .

The mortgage loan amount is usually quite impressive. In combination with a solid loan term, as well as various commissions and insurance payments, this gives huge overpayment , which is usually the minimum 2 times exceeds the original loan amount.

The main goal when choosing a lending program in such conditions is to find the most profitable mortgage program.

It is important to understand , which is not always the most profitable mortgage can be called the one for which the minimum rate. It is very rare for a bank to agree to cut profits. Therefore, most often the losses associated with the rate cut are compensated by the credit institution by charging various commissions.

Many consider the option to be profitable for themselves. On the one hand, there is no need to wait and save. But don't forget what to pay this sum of money will have to in any case.

At the same time, since it will be included in the issued loan, interest will also be charged on it. In the end, the overpayment will turn out to be much higher than with the initial payment.

Professional financiers agree that profitable mortgage - a relative concept... Its parameters are determined by the personal opinion of the borrower, as well as the financial circumstances prevailing at the moment.

In fact, if you look closely at the characteristics of mortgage programs, most of the benefits cease to be. At the same time, those conditions that seem inconvenient, as well as the least favorable, in fact turn out to be the most suitable and best in specific conditions.

More often than not, the greatest benefit from a mortgage is obtained by those who make certain sacrifices in order to receive seemingly minor benefits.

2. Who is eligible to receive a mortgage on preferential terms? 📑

If, nevertheless, we consider a mortgage from the point of view of benefits, it can be obtained by those who have the right to obtain a loan for preferential terms .

Traditionally, the following categories of benefits are distinguished:

• reduced rate on a mortgage loan;
• no need to make an initial payment;
• credit holidays - upon the occurrence of certain events (for example, the birth of a child), the borrower is allowed not to repay the loan for 1 -3 years old.

The purpose of obtaining mortgage loans on favorable terms is the opportunity to purchase housing low-income citizens.

Who can get a mortgage on favorable terms - the main categories of citizens

Soft loans are provided to the following categories of borrowers:

1. Young families - both spouses are under age 35 years old;
2. Young professionals;
3. Persons in military service;
4. Young teachers;
5. Families with more than one child are entitled to maternity capital.

By the way, military personnel mortgage in the amount 2,4 million rubleswhich they don't pay. All payments for them are made by the Ministry of Defense.

Thus, preferential programs mortgage lending have a number of advantages ... However, there are also limitations, among which are primarily called lack of opportunity to purchase any housing .

Typically, beneficiaries have to choose from apartments from a particular developer, which are being built in promising, but unpopular areas. Moreover, it is often possible to buy only real estate with equity participation ... Read more about military personnel and other public sector employees in one of our previous articles.

What you need to consider when looking for a profitable mortgage loan - the most important factors affecting the "profitability" of a mortgage

3. How to choose a profitable mortgage loan - 6 main conditions that you need to pay special attention to 📊

To understand which mortgage is the most profitable, it is important to analyze and compare the offers on the market.

Remember that mortgage lending agreement requires the borrower maximum attention. All text should be carefully studied, especially the so-called small print.

• loan currency;
• the amount of the down payment;
• interest rate;
• availability of insurance and the amount of payments for them;
• amount of commissions;
• features of early blanking.

Condition 1. Loan currency

Often, banks try to lure customers into obtaining a mortgage in foreign currencyby lowering interest rates on such loans. Specialists not recommend succumb to such a temptation.

The term of mortgage loans is very long, during this time national currency may depreciate so much that the amount of winnings on bets will be irrelevant ... Moreover, in our country the course foreign currencies often changes unpredictably. The result is difficulties with mortgage repayment.

Nevertheless, in some situations it is still more profitable to take out a mortgage in foreign currency. This is typical for those cases when the main income is calculated in this currency.

Condition 2. Down payment amount

Most often, a mortgage is issued with down payment... This indicator reflects information about how much the borrower must pay as soon as the agreement is signed.

Traditionally, the size of the down payment is calculated in the range from 10 to 30% from the total cost of the apartment.

In monetary terms, the amount is rather big. It can be difficult for some to accumulate it. However, in essence, it demonstrates to the credit institution that the borrower's intentions are the most serious. Anyone who has managed to raise money for the initial payment will certainly be able to pay in the future the amount of debt on the mortgage.

Some borrowers spend time looking for loan programs with minimal or no down payment. However, they forget that such loans are often issued with less favorable other conditions.

Moreover, this amount will have to be paid in any case. Only taking into account the accrued interest will it turn out to be much higher.

Condition 3. Interest rate

Despite the fact that experts do not recommend putting interest rate at the forefront, most borrowers pay attention to it in the first place. However, this parameter is not always the most significant.

Most lending institutions are good at playing on the psychology of the borrower. To get his attention, banks set minimum rate ... At the same time, it is quite natural that no credit institution will worry about saving customers more than about its own benefit.

Therefore, you should not buy off the promise of a low interest rate. It is possible that upon further examination of all the parameters of the mortgage program, it will become clear that this is just a trick to attract more clients.

Moreover, it will be useful to know that at the moment in Russia the average mortgage rate is 12-15 percent per annum. If you promise a lower percentage, you should study other conditions. even more thoroughly.

Condition 4. Availability of insurances and the amount of payments for them

Some borrowers forget about availability insurance when applying for mortgage loans. Meanwhile, this parameter has a significant impact on the amount of future overpayment.

It is legally established that it is mandatory to insure loan payments ... The borrower has the right to refuse all other types of insurance programs.

Note! Often, it is the client's consent to voluntary insurance that affects the mortgage rate.

It is important for credit institutions that the risk of issuing a loan is as low as possible. To keep themselves safe, they all possible ways try to convince clients to insure not only payments, but also health, working capacityas well as himself real estate object.

In these circumstances, the borrower should carefully consider the benefits of agreeing to certain insurance policies.

Condition 5. Amount of other commissions

Often borrowers do not pay due attention to the presence of commissions when registering a mortgage. Meanwhile, there are different types additional paymentsthat affect the interest rate, as well as the mortgage overpayment.

Often, the first commission that a borrower faces is payment for registration and issuance of a mortgage ... Some banks have several lending programs that differ in the amount of this payment (usually from 1 to 4% of the loan amount). Wherein the higher the commission, the lower the interest rate .

Not everyone can immediately understand which option is more profitable. To determine this, one has to compare amount of commission from overpayment for the entire loan period. Only then can you make the right choice.

The commission for issuing a mortgage is far from the only one. For each loan program, you should find out about the availability additional payments and carefully analyze their impact on payments.

So, borrowers often forget about the existence of account management fees ... Meanwhile, they are charged monthly. As a result, the benefit from lower interest rates is often insignificant or absent.

So that it turns out that there are unexpected overpayments on the mortgage, you should carefully study all the terms of the contract. BEFORE signing it.

Often information about additional payments indicated in the middle of an impressive volume of agreements. As a result, it can be difficult to notice it.

It is also important to carefully look at how often one or another payment will have to be paid - once a year or monthly.

Condition 6. Features of early repayment

An equally important parameter of the mortgage is opportunity to repay it ahead of schedule ... Many borrowers make every effort to take off the burden of payments as quickly as possible. However, for banks it is not is profitable, because they are deprived of making a profit from the loan in the future.

This state of affairs leads to the fact that some credit institutions try to limit the ability to repay the mortgage ahead of schedule. They appoint commission for such actions, and also do not allow them for a certain period of time.

However, most banks offer customers the option of early repayment of mortgages. In this case, there are 2 options:

1. Pay off the remaining amount of the debt;
2. Contribute only part.

Both of these methods allow you to gradually reduce the amount of mortgage overpayment. That is why the possibility of early repayment can be regarded as a sign of a profitable mortgage loan.

Thus, there are a number of parameters that have a significant impact on the profitability of mortgage programs. They should be analyzed comprehensively ... This is the only way to determine which option should be preferred.

4. The nuances of a profitable mortgage + the opinion of professionals about whether it is profitable to take out a mortgage now 🔔

If we talk about whether it is profitable to take out a mortgage now, when the economic situation in Russia and in the world is characterized by extreme instability, then in these conditions, financiers do not at all dissuade from formalizing mortgage agreements. But they focus the attention of citizens that the lending program should be chosen as carefully as possible. . In principle, this rule is valid in any time period.

A huge number of Russians have fallen into the trap. They were flattered by the tempting rates and took out a loan to buy a home in foreign currency.

At the same time, the difference in the annual rate is not that big - about 2 -3 % ... It would seem that, in terms of a large loan in rubles, the overpayment would be significant. But no one is insured against rate jumps in foreign exchange mortgages.

So, in 2016 year in Russia, the value of foreign currencies increased by about 2 times... As a result, those who took out a mortgage in rubles continue to make a fixed monthly payment. At the same time, for those who took out a loan in foreign currency, it increased in proportion to the exchange rate, that is, in 2 times.

Similar situations were repeated more than once. The result is an extremely difficult situation for the borrower, when it becomes impossible to pay the mortgage.

Experts also call others that banks lure customers. They look very attractive, but in practice they do not bring real benefits to borrowers. Below we describe the most common of them.

1) Floating interest rate

Bank employees often try to convince their clients that floating interest rate on a mortgage loan is an incredibly profitable parameter for the borrower, since it guarantees the change in the size of payments depending on the market situation. In practice, all risks from changes in the economic situation fall on the shoulders of the borrowers.

Note! Some experts compare the degree of danger of a mortgage with a floating rate with the one that is issued in foreign currency.

In addition, analysts say there will be improvements in the near future economic indicatorsto which the rate is linked are not expected.

In addition, experts predict further growth in inflation. For borrowers it will turn out growth floating rate... It should be borne in mind that such an increase is not limited by absolutely nothing, therefore, as a result, for the debtor, this may turn into a situation where it will be impossible to pay the loan.

There is an opinion that a floating interest rate is beneficial for a mortgage for a short term. That is, if you pay the loan within 5 years, it does not threaten trouble. Moreover, it will be possible to save on the amount of overpayment.

But history suggests otherwise. Many borrowers who 2006 year they took a mortgage with a floating rate, we intended to pay off on it as soon as possible. However, in 2008 year has come economic crisis which resulted in a significant growth rates for such loans. As a result, the hopes were dashed, and the payment increased significantly.

2) Lower interest on mortgages in the future

Recently, programs have appeared on the mortgage lending market that promise borrowers for a certain commission decrease in interest in the future.

In practice, such an opportunity has to pay huge sums. Usually the commission is 2 -7 % of the total amount received in the mortgage.

Banks provide calculations that convince clients that the savings from such rate cuts will be substantial.

In practice, most borrowers strive to pay off their mortgages as quickly as possible. In this case, saving is meaningless. Therefore, professionals do not recommend overpaying extra money for such conditions.

3) Refinancing the mortgage

Currently, more and more credit organizations offer to obtain a mortgage with combined rate... In this case, the loan is initially issued at a reduced rate, and after a certain period it will be posted.

On the one hand, there is a certain benefit of refinancing for the borrower, which is getting more profitable conditions... As a result, when applying for a mortgage, the client hopes that at the first stage he will benefit from a low rate, and subsequently refinance the loan at average market interest rates.

In practice, banks, in the event of a decrease in their benefits, are reluctant to provide refinancing... As a result, in most cases, borrowers are not given the opportunity to exercise this right.

More often than not, borrowers are not provided with the best mortgage conditions, they just get floating rate loan.

It should be noted that in the beginning only interest is paid on a mortgage, while the amount of the principal debt remains practically untouched. As a result, the level of overpayment is practically no different from a traditional loan, and the promise of savings remains nothing more than a publicity stunt.

Thus, when applying for a mortgage, the borrower must carefully select its conditions. Today the market offers a huge variety of programs, most of which entice customers with a non-existent opportunity to save money.

You should not take such promises at their word. It is better to study the opinion of professionals about certain proposals.

5. Which bank is the most profitable mortgage - an overview of TOP-5 banks where it is more profitable to take a mortgage 💸

Today, mortgages can be obtained from almost any bank. At the same time, many interesting and rather profitable programs can be found on the lending market.

Choosing the best one on your own can be difficult. Therefore, it is best to use ratings compiled by experts.

The table shows banks with the most favorable lending terms:

It should be borne in mind that the minimum rate can be counted on when registering a mortgage with state support.

6. Who to turn to for help in obtaining profitable mortgage loans - mortgage brokers will help 📃

Not everyone can understand all the features of mortgage programs. For many, such an analysis takes a huge amount of time.

However, there is no guarantee that after spending days and weeks looking for the most favorable conditions, it will be possible to arrange the most suitable option with minimal overpayment.

To prevent mortgage payments from becoming torture, you should seek help professionals.

They analyze the offers on the market, as well as select the ideal program for specific conditions. mortgage brokers .

Popular Moscow mortgage brokers are: "Credit Laboratory", "Azbuka Housing", "Service Credit Solutions"," Flash Credit "

In megalopolises, such functions are performed by entire specialized organizations. But even in small towns you can find a mortgage broker. Most often they work for popular real estate agencies.

7. Frequently Asked Questions (FAQ) 📢

The topic of mortgage lending is vast and multifaceted, so often those who are looking for the best program have a huge number of questions.

It is not always possible to waste time looking for answers on the Internet. To make life easier for our readers, we provide answers to the most common questions.

Question 1. How profitable to take a mortgage for housing?

To get a mortgage loan as profitable as possible, you will need, first of all, to conduct a thorough analysis of the programs offered in the city of residence of the future borrower. In more detail about whether to an apartment, a house or land plot, we have already told in the last article.

In this case, one should pay attention to a number of indicators, the main ones of which are:

• loan amount;
• the term for which it is planned to obtain a mortgage;
• interest rate.

Do not forget about the various commissions, and insurance.

When looking for a profitable mortgage, you should first pay attention to the programs in banks, where the future borrower is already client ... This can be a credit organization on whose card the applicant receives a salary, or where another loan was issued and successfully repaid.

Credit organizations are usually more loyal to these categories of customers. Besides, it is in these cases that you can count on more favorable conditions, for example, decrease in interest rate.

Those who have more favorable conditions for a mortgage loan can also count on substantial amount for the down payment... If the borrower has 50 % the cost of the apartment, the bank will offer him minimum your bid.

Conversely, in the absence or insignificance of the down payment, the loan rate will be maximum ... This rule allows credit institutions to insure the risks of non-repayment of funds, as well as the onset of a collapse in the economy.

Another indicator that has a significant impact on the profitability of a mortgage is loan term ... On the one hand, registration of a mortgage loan for maximum the term leads to the fact that the monthly payment will be small. As a result, it will be much easier for the borrower to fulfill obligations.

The desire to get a loan for an apartment at a low interest rate is understandable, since the average housing rates are now 15-20% per annum. To find the most profitable one, just enter the search parameters you need into our loan calculator, and you will receive a list of banks and their offers.

How to find the most profitable mortgage in Moscow?

If you are a client of a certain bank, then you should consider it first. credit programs... Many are more loyal to customers who are their cardholders or account holders, which means they can offer you better mortgage conditions. Therefore, do not rush to write off a credit institution from the account, which you have already contacted and used its services more than once.

You can count on a low percentage in the following cases:

• if you take an apartment in a new building, and not a secondary housing;
• if you are ready to make an initial payment of at least 40%;
• you are a client of the bank;
• you can confirm your solvency with salary certificates;
• you have a good credit history and have at least 6 months of work experience in your current job.

Having found favorable mortgage conditions in Moscow, do not waste time submitting an application, as the programs of banks can change at any time.

Anyone who is going to take out a home on credit counts on an opportunity at a low interest rate. But is it realistic to get such a mortgage? Sometimes banks offer shares in which mortgage rates are reduced. also count on more favorable conditions can count on payroll clients, as well as certain categories of citizens.

Under what conditions is a mortgage provided at a low interest rate in Moscow?

If you want to take out a mortgage with a minimal overpayment, then you should consider loan programs for certain categories of 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 of 1.5-2% higher. Low rates on a mortgage in Moscow is also possible with refinancing. Refinancing offered by banks is issued on more favorable terms.

There are several ways to reduce the percentage:

• provide a complete package of documents;
• get a loan for a short period;
• make the maximum possible down payment.

To find profitable proposition and find out which offer the lowest mortgage interest, we recommend using credit calculator our site. On the same page you can find a list of banks, the interest rate of which is lower than that of most lending institutions. The application can be filled out on the bank's website or at the nearest branch.

Now everyone has their own opinion on the question of which of the Russian banks is best to take out a mortgage in 2019 so that it is beneficial for the borrower. Someone is interested in the minimum interest, for someone more important is the long-term prospects and location of the apartment.

How to choose a mortgage program?

Today, clients are faced with a difficult choice, because every organization tries to lure with its attractive conditions, however, there are pitfalls everywhere. Here are some tips for choosing the right loan.

For this you need:

1. Decide what is the ultimate goal of your contact with the bank. If you need an apartment in a new building, then look for programs for under construction (primary) housing, if you looked for an apartment in finished house, we need offers for the secondary market. There are also products for the construction or purchase of suburban real estate,
2. Having decided on the goal, proceed to the search for banking companies in your city. For this it is convenient to use such Internet portals as Banki.ru. In it you need to indicate your city of residence, then select the section "Products and Services" - "Mortgage" - "Advanced Search",
3. After the system offers you a list of banks, you can sort by the interest rate, the loan amount, and the down payment. Pay close attention to the percentages, because the lower they are, the less your overpayment will be.

Remember that your final overpayment will depend not only on the interest rate, but also on any additional costs that you have to incur. Among the compulsory costs, it is worth noting the appraisal of real estate and its insurance every year that the contract will be valid.

You can opt out of personal insurance, this is an optional service that you have the right not to issue. If it is forced upon you, you have 5 working days to refuse. This rule does not apply to comprehensive insurance, as in VTB.

What should you pay close attention to when choosing a bank?

Of course, on the terms offered by him:

• the value of the interest rate - it should be the lowest possible in order to reduce overpayment. Remember that on the official websites of various companies, as a rule, minimum percentages are indicated for a certain category of customers, for example, recipients wages here. If you do not belong to it, for you the% will be 1-2 pp higher,
• pV size, i.e. how much own funds you need to deposit. Typically, this value is at least 20% of the required amount. For example, if you are applying for 1 million rubles, then you need to deposit at least 20,000 rubles into the bank. and higher. There are programs without a down payment, they are described,
• the term of the contract, i.e. return period. The larger it is, the higher the final overpayment, but the lower the monthly payment, and vice versa. Here it is up to you to decide what is more important for you at this stage,
• all additional expenses, for example, one-time commissions for opening an account, renting a safety deposit box, commission for reducing%, etc.
• the possibility of early repayment without a moratorium and commissions,
• the ability to attract funds from the maternity capital and other state subsidies.

If an apartment is needed for a young family.

You can use preferential programs, for example from Sberbank of Russia. Here, clients under the age of 35 will be offered special conditions:

• minimum rate from 8.6% per year,
• a small down payment of 15% of the loan amount,
• as well as a long loan period of up to 30 years.

The term for consideration of the application is from 2 to 5 days, the minimum percentage can be obtained only when buying a home under the "Showcase" promotion on the Dom.click website. Learn more in this article.

Please note that this offer is a private share from Sberbank, which has nothing to do with government programs. You do not need to prove the need here, you can own another home, i.e. absolutely anyone who meets the requirements of the bank can take advantage of this promotion.

There is also a special government program, which does not imply special credit conditions, but the provision of monetary compensation for the purchase of housing. Its size will depend on the region of residence and the composition of the family, detailed conditions are described.

This program is the most in demand now, as it allows families with two or more children to purchase their own home on favorable terms. The state partially subsidizes the interest rate, and the borrower will need to pay only 6% per year, the rest is taken over by the state.

What conditions:

• purchase of housing in the primary market (house or apartment),
• availability of a down payment of at least 20%,
• maximum amount - up to 3 million, in Moscow, Moscow region and St. Petersburg up to 8 million,
• compulsory registration of comprehensive insurance.

It is noteworthy that the subsidy is not valid for the entire period of the contract, but only for 3 years if the second baby was born, and 5 years if the third was born. They can be obtained sequentially.

Where the lowest percentages apply:

If the client belongs to the social categories of citizens

If you belong to the category of military personnel and are a member of the NIS

For such borrowers, there is also a special loan offer at a rate of 10.9% per annum. It is being implemented.