Mortgage: the minimum period, conditions of receipt. Minimum period of military mortgages

A roof over your head is what every person needs. But, unfortunately, not everyone can afford it. And some simply do not have enough money. Then the mortgage comes to the rescue. The minimum period, according to official data, is one year. But is it really so?

general information

To begin with, I would like to say that the practice knows three terms of a mortgage loan: short, medium and long. There are no standards regarding their duration. In this case, everything is determined directly by the bank. There are some organizations that agree that the client's mortgage repayment term is 12 months. Others insist on 2-3 years.

After all, because people make out a mortgage, banks earn well. By paying customers interest. And the sums are rather big. After all, housing now is not cheap, and loans are issued by the relevant people. And banks get a good profit from this. And it is more profitable for them to pay interest to the client as long as possible.

On the conditions

But still there is a possibility that the bank will approve a person for such a service as a short-term mortgage. The minimum period is one year. Do not prematurely rejoice, as the client will expect a lot of nuances.

Take, for example, the service of the most popular financial institution in Russia - "Sberbank". Suppose a person looked at an apartment for 5 million rubles. The initial payment is 750 000 thousand rubles. The rate is 15% per annum. Mortgage to a person under such conditions can be approved only if he can pay monthly about 385,000 rubles! In this case, according to the rules, the amount given as a debt should not exceed 40-50% of the client's income. It turns out, a month a person should earn about 800 thousand rubles. The question arises: Do individuals with this income need a mortgage in general? It's easier to wait and buy housing for cash.

But it's worth returning to the topic. Under such conditions, overpayment for a mortgage for the year will be approximately 355 thousand rubles. And the total amount paid will be ~ 4.6 million rubles (plus do not forget about the initial payment). However, this is one of the examples. Everyone can calculate everything himself, because there is a mortgage calculator for this.

Requirements for the Borrower

In short, it is worthwhile to tell about what people can be considered potential customers of the bank. Because to obtain a mortgage you need to meet certain requirements.

Age is the first condition. A person must have a minimum of 21 at the time of treatment. And he can approve the housing loan only if he can repay it before the execution of 60 years.

Another important work experience. At least one year. And at the last workplace - 6 months. A person has more chances to get a long-term loan if he is working for the benefit of the same institution for a long time. This speaks for its stability and responsibility. The level of income, by the way, must be confirmed by reference 2-NDFL. And the more the person's salary is, the better.

Interest and contributions

The annual rate may vary. Usually from 9% to 17%. It depends on many factors. On the size of the salary of the borrower, the way to confirm income, the amount of down payment, the type of interest rate and even the term of the loan. Mortgage for a year, for example, will be more profitable than a loan for 15 years. Here the principle is this: the longer the term, the greater the interest. By the way, the floating rate is cheaper by 1-2%. It's because few people trust her. After all, the floating interest is calculated according to a certain formula, which is indicated in the contract. Usually it is tied to the rates on the interbank market. According to experts, floating interest is the most beneficial for people who want to take a long-term loan. So if you plan a mortgage for 10 years, you should consider this as an option to save money.

And a few words about the initial payment. It is mandatory, and usually varies from 10 to 30 percent. If possible, it is better to make the maximum amount. Because so it will be possible to lower the rate. And if you want the best and most convenient conditions, then it is better to apply to the bank, on the card of which a person receives a salary. Potential benefits will help you calculate the same mortgage calculator.

Special program

I would like to note a military mortgage. Everyone has heard about it, but not everyone knows what it is. And the essence is simple. The law on the funded mortgage system to provide housing for the military gives them the opportunity to purchase an apartment much earlier than their service ends.

How's it going? For the military, a savings account is opened, which is updated every month by the state. On average, about 250,000 rubles accumulate over the year. 36 months after participating in the program, a military man can file a report for a document that will give him the right to receive a targeted housing loan. Next, he selects real estate that meets the requirements of the RF Ministry of Defense, the insurance company, the bank and his own desire. Then he turns to the financial organization, which lends to the servicemen. Then opens an account and transfers money previously accumulated during the time of participation in the program. This will be his initial contribution.

The maximum loan size for servicemen is, according to 2015, 2,200,000 rubles. After clarifying all the nuances and verification of documents, a contract is concluded. And then the official is given an official certificate confirming the right of his property to the issued real estate.

Payments and terms

A loan issued to a serviceman under the aforementioned program should not be repaid by him. Payments are made by FGUU "Rosvoenipoteka". And money is taken from the federal budget. The monthly payment is calculated according to a certain principle. It is 1/12 of the accumulation fee. That is, if a million rubles are collected on the serviceman's account, then about 84 thousand rubles will be paid for each month for him. It turns out quite profitable.

The minimum term of a military mortgage is 36 months (that is three years). The maximum also has its limitations. At the time of repayment, a serviceman must not be more than 45 years old.

As practice shows, the program is really profitable. If you believe the statistics 2 years ago, then on her housing acquired a little less than 100 thousand troops. The total amount was 143 billion rubles.

Loan with government support

Due to the deteriorating situation in the construction market, a social program was developed. Certain categories of citizens began to offer subsidies, thanks to which the purchase of housing has become more real for them. The most relevant social program is a mortgage for the young families with state support. Terms of its repayment are the same as in standard cases. The maximum allowed is 30 years.

Get a subsidy is not so simple. Before you take the queue, you need to collect the documents and test yourself as a potential participant in the program for compliance. Each spouse must have Russian citizenship and be registered in the region for at least 11 years. The age of each must be within the scope of 18 to 35. The documents will require a certificate of marriage and a passport. If there are children, then the documents confirming their availability. Each child is a plus of 5% to the subsidy. For a family of two partners, the amount allocated is 30% of the cost of housing.

You will also need help on income, account statements and a copy of the savings book.

Conditions of different banks

It is worthwhile to tell in more detail about the conditions for young families to be offered by the most well-known financial organizations that provide services such as mortgage. The minimum period is negotiated individually. But the maximum for all different.

So, for example, "Sberbank" offers a mortgage for 30 years. The possible loan amount is 3 200 000 rubles. The rate is 12% per annum, you must make 20% of the cost of housing.

"RosselkhozBank" is also engaged in providing such services as mortgage. The minimum period is from 1 year, the maximum is 30 years. The possible loan amount is 20,000,000 rubles, an initial deposit of 10% is required. The annual rate is 14%.

"VTB 24" requests a 20% contribution. Money can be withdrawn from the certificate for a subsidy. But it is recommended to use it for buying a house in a new building, and to apply for a loan in a bank in order to pay the remaining amount. By the way, VTB 24 allows the use of maternity capital. They can pay off the first installment.

About benefits

So, it was enough said about how long the mortgage is given and what it takes to get it ready. A couple of words can be said about the most advantageous options available to housing loans.

The best way to save money is to buy a house under construction. It is cheaper than the finished one by 30%. The economy is obvious. It is best to consider buying an apartment in a house that is at least a third rebuilt - the likelihood that it will be completed and handed over as quickly as possible is maximum. Another benefit is that a person will receive absolutely clean, new housing. And since the layout of new buildings is modern and optimal, he will be able to choose the most suitable project for him.

And plus mortgages is that many banks cooperate with developers (and vice versa). And this means minimum interest and favorable terms for the client.

Best terms

In general, mortgages and loans are not the most profitable solution to a financial problem, since a person has to burden himself with debts. But if there is no other option, there is only one way out - to choose the most convenient and economical conditions.

Visually the most profitable thing seems to be a mortgage for a maximum period. Suppose a person took 2 000 000 loans and every year for 30 years he gives the bank only ~ 20 500 rubles, instead of ~ 45 600, with which he had to say goodbye, he issued a loan for 5 years. That's only in the case of a maximum period of overpayment of about 5 400 000 p! Considering that he occupied only 2 000 000 r. But in the case of a 5-year loan, he will overpay only 665,000 rubles. So it's better to think a hundred times before agreeing to this or that condition.