Mortgage rate. The most profitable mortgage loans

The mortgage rate varies in different banks. Its value depends on the period for which you take the loan, from the availability of collateral, insurance, commission payments.

Many banks hold temporary shares, reducing the cost of a loan to purchase housing.

Pledges and sureties

When deciding whether to take a mortgage, pay attention to the fact that in the conditions of market instability , credit institutions set strict requirements for securing a loan.

Until the registration in the roster of ownership of the property being purchased, most likely, it will be necessary to formalize not only the surety of solvent persons, but also an additional liquid collateral - an existing car or an apartment.

"Anti-crisis" mortgage products

Credit organizations are interested in attracting wealthy customers. Banks that give mortgages actively propose new products for individuals, in demand in times of crisis, but quite expensive.

For example, FC Otkrytie offers a service for refinancing mortgage loans, issued earlier in other commercial banks. Liabilities received in foreign currency are transferred, at the request of customers, into ruble ones. The minimum interest rate on "refinancing" is 13% per annum. It grows when the individual conditions of complex service in the bank are not fulfilled to the following values:

• + 0.25% - for borrowers who are not salary customers of the bank;
• + 1% - for business owners;
• + 0.5% - if you refuse to pay a one-time fee for "lowering" the rate;
• + 4% - if there are no contracts of life insurance and employment.

FC Otkrytie also offers the mortgage product "Ipoteka Plus": the money is given on the security of the existing real estate for the purpose of its overhaul. Providing documents confirming the intended use is not required. The interest rate is 16.25% per annum. The maximum term of financing is 30 years.

Credits for the acquisition of housing with government support

The most significant parameter when a mortgage is made is a rate. The calculator for calculating the overpayment amounts is on the official website of each bank.

The cost of mortgage servicing is reduced when a loan is received within the framework of the program of state subsidizing of loans for the purchase of unfinished apartments in the primary housing market.

Banks-participants are allocated funds from the Pension Fund, due to which they have the opportunity to reduce mortgage rates for the purpose of purchasing apartments in new buildings. Currently, PJSC Sberbank of Russia, Gazprombank, VTB 24, Uralsib, Rosselkhozbank, Promsvyazbank and many other lending organizations have joined the program.

Mortgages with state support can be obtained for up to 8 million rubles. In the Moscow and St. Petersburg regions, in the remaining regions - no more than 3 million rubles. The longest term of lending under the program "New Construction", according to the rules, is 30 years. Your contribution must be at least 20% of the price of housing that is purchased.

Buy square meters due to loans received under the subsidy program, can only be approved by banks developers.

When making a loan with the state support, the mortgage is calculated accordingly. Sberbank sets a fixed interest rate, 12% per annum, before and after registration in the roster of ownership of the property being acquired. It is necessary to conclude a life insurance contract for the borrower. For violation of the condition on the annual extension of the policy rate is raised to 13% per annum.

In PJSC "VTB 24" you can also get a loan with government support at 12% per annum, with mandatory registration of a comprehensive insurance contract.

In "Gazprombank" interest rate on the mortgage is from 11.25% per annum.

In the PJSC "Bank VTB" loan "New Construction" is formalized with an initial payment of 15% of the amount at 11.75% per annum. The decision to grant a loan is taken within 24 hours.

In FC Otkrytie, the mortgage rate with state support is from 11.45% per annum, mandatory payments (surcharges) in the amount do not exceed 2.5% per annum. A large number of companies-developers are accredited with the bank.

Loans under the Young Family Program

Another way to ensure that the mortgage rate was lower is to apply for a loan under the Young Family subsidy program.

If the age of both husband and wife does not exceed 35 years, and the couple, according to the legislation, needs better living conditions, it is advisable to apply to the district administration. When buying a house or apartment economy class, the state will pay up to 30% of the price of housing.

In banks, a mortgage for a young family usually costs less. To it less than raising factors are applied.

In Sberbank , the mortgage rate of the "Young Family" varies depending on the term of the loan and the amount of the initial installment.

Interest rates on the mortgage "Young Family" in PJSC "Sberbank of Russia" are presented in the table.

	An initial fee
Loan terms	From 20 to 30% of the cost of housing	From 30 to 50% of the cost of housing	From 50% of the cost of housing
Up to 10 years	13%	12.75%	12.5%
10 to 20 years	13.25%	13%	12.75%
From 20 to 30 years	13.5%	13.25%	13%

Many commercial banks also have the right to take as a repayment of the loan funds on the housing certificate, but do not provide with the benefits at interest rates.

Nevertheless, a mortgage for a young family is now also a means of acquiring a house or apartment at a much lower cost.

How to determine the future costs of a mortgage

Comparing the terms of lending in various banks, be sure to ask the manager to prepare a preliminary calculation of the mortgage. Sberbank, VTB-24, Otkritie FC and other banks on official websites show only the approximate value of future expenses for loan servicing.

Please check with the responsible officer who advises you:

1. Is it necessary to conduct an appraisal of the property to be acquired? If so, at whose expense is it held?

2. How much will it cost to notarize the transaction?

3. Which of the parties to the transaction pays the state fee in the registration chamber?

4. Will the mortgage rate be higher until the moment when the pledge charge is registered in favor of the bank?

5. What are the additional payments under the loan agreement, other than the interest rate?

6. Is it necessary to insure the collateral, as well as the life and health of the borrower? How much will the cost of policies be?

7. What will be the repayment schedule for the loan?

8. Are there any restrictions on early repayment of the loan?

9. What penalties and penalties are provided for in the loan agreement?

Only having full information, you can decide whether it is worth buying housing right now.

Mortgage from Sberbank for future owners of apartments and houses in the secondary market

Favorable and inexpensive loans remain to individuals in the country's largest bank. Financing for the purchase of a finished house or apartment can be obtained in the amount of 300 000 rubles. For up to 30 years at an interest rate from 12.5% to 16.5% per annum. Your down payment is 20% or more of the price of future housing.

When determining the credit period, your actual age will be taken into account. According to the rules of lending, at the time of final repayment of the loan to the borrower should be no more than 75 years.

The loan amount that you will be given will be the smaller of the amounts:

- 80% of the purchase amount of a house or apartment,

- 80% of the estimated value of housing.

Acquired real estate is issued as a pledge and is necessarily insured against the risks of loss, death, damage.

When receiving a housing loan for up to 15 million rubles. In the Savings Bank it is possible not to confirm the fact of having a permanent place of work and not to provide certificates of income.

The commission for issuing a loan will not be required to pay.

Prior to the emergence of ownership of the property to be purchased as security for the loan, it is necessary to provide other forms of collateral: a pledge of property or a guarantee of solvent persons.

An important advantage of mortgage registration in Sberbank is the possibility of early repayment without additional fees or commissions. However, a partial or full return of the loan will need to notify the lending office in advance.

Calculating the cost of housing loans in the Savings Bank

The mortgage rate is lower in the following cases:

1. The loan period is within 10 years.
2. You receive a salary in an account opened with Sberbank
3. Initial payment - from 50% and above.
4. You have submitted income statements to the bank. Experience at the very last place of work is at least 6 months. The total period of labor activity for the last 6 years exceeds 1 year. This requirement does not apply to the salary customers of the bank.
5. Life and health are insured in one of the accredited companies.

The approximate interest rate on the mortgage is presented in the table below.

Interest rates on housing loans in the Savings Bank, subject to providing a certificate of income	An initial fee
Loan terms	From 50% of the cost of housing	From 30 to 50% of the cost of housing	From 20 to 30% of the cost of housing
Up to 10 years (incl.)	13%	13.25%	13.50%
From 10 to 20 years (incl.)	13.25%	13.5%	13.75%
From 20 to 30 years (incl.)	13.5%	13.75%	14%

To the specified rates is added:

• + 0.5% - if you do not receive income on the bank's salary accounts.
• + 1% - for the period until the registration of ownership of the acquired property.
• + 1% - for non-life insurance of the borrower.

Loan products for the purchase of finished housing

Competitive mortgage lending programs on the secondary market are offered by PJSC "VTB24". Its main advantage is that the down payment can be from 15% of the cost of a house or apartment.

Loans are granted for up to 30 years at 13.5% per annum when entering into a comprehensive insurance contract. In the absence of an insurance policy, the interest rate is 14.5%.

A discount of 0.5% is given to customers who receive salaries on accounts in PJSC "VTB 24".

PJSC "Bank VTB" previously worked exclusively with representatives of large and medium-sized businesses. However, after the absorption of the Bank of Moscow, he began to develop and retail.

Since May 2016 "VTB" also offers mortgage products to individuals. Since the retail lending direction in the bank is only open, the mortgage rate is extremely low, ranging from 11% per annum.

Favorable terms of financing are offered by PJSC "Promsvyazbank". The initial contribution for individual programs is from 10%. The interest rate on the mortgage on the secondary housing market - from 13.35% per annum.

Low-cost loans are issued to customers of Raiffeisenbank. Interest rates on the purchase of finished housing and apartments in new buildings for salary customers are from 11% per annum, for people who receive salaries not in JSC Raiffeisenbank - 12.25-12.5% per annum. Initial payment - from 15% of the cost of housing. However, the maximum possible crediting period is quite short, only 25 years, which affects the value of monthly payments.

Conclusion

In the conditions of the financial crisis, banks are still interested in active cooperation with solvent customers. If you have a high enough income, which is officially confirmed, do not rush to accept an offer from the first mortgage center that agreed to lend you. Look for the optimal conditions.

In conclusion I would like to give advice borrowed from Bodo Schaefer's book "The Dog by the Name of Mani": try to deal only with those managers of the bank that you like. In this case, each transaction will be successful.