Everyone knows about mortgage loans for the purchase of an apartment, but not everyone will be able to understand a lot of proposals. Which bank go? Where is less than the interest rate? Where are the troubles with documents? Where do not impose insurance? You can study the websites of banks in search of answers to these and other questions. And you can read our little review.
Sberbank
A preferential loan for young families, military and other individual categories of borrowers is available, allowed to use maternity capital, personal lending is not imposed.
Two products have been developed for buying an apartment. By program "Acquisition of finished housing"
You can buy an apartment, home and other residential premises in the secondary market. The bank will give from 300 thousand rubles to 85% of the cost of credited residential premises (for young families - up to 90%). Term - up to 30 years. Standard interest rates - 8.6% -9.5%, plus 0.5 pp. If you do not get a salary on the bank card, plus 1% when the life and health of the borrower failures. When making a loan without confirmation of income, the rates are above 1%.
Product "Acquisition of the housing under construction"
- This is the purchase of apartments and other residential premises in new buildings. Conditions are similar to those provided to buy housing in the secondary market. As part of the action there is a rate of 7.4% under the subsidization program.
Rosselkhozbank
Rosselkhozbank has one universal loan for the purchase of housing, whether it is an apartment, a house or townhouse, but promotions with changed conditions are periodically held. Military mortgage is provided. You can choose between differentiated or annuity payments. Maternity capital is accepted, and young families are provided with preferential services.
The basic program involves a loan amount from 100 thousand to 20 million rubles, but not more than 85% of the value of the acquired real estate. Term - up to 30 years. Credit is issued in rubles. The application is considered up to 10 business days.
Interest rate - 9.3% -12%, plus 1 pp. For the refusal of personal insurance, plus 0.5 pp. Before checking the mortgage.
Requires citizenship of the Russian Federation. The borrower should be from 21 years to 65 years at the date of repayment of debt.
Deltacredit
You can take a loan to buy not only apartments, but also the shares in it, rooms or apartments. Allowed to use family capital.
Program "Apartment or Share" - To buy an apartment or a share in it in the secondary market. The loan is issued for up to 25 years by the amount of 600 thousand (for Moscow and the region), 300,000 rubles (for the rest of the regions) to 90% of the cost of credited housing. May be issued in rubles.
If the amount of maternal capital is at least 10% of the cost of the purchased apartment, the bank is ready to credit up to 95% of the cost.
Fixed rate - from 8.75% to 10.25% per annum. In case of refusal to personal and titular insurance, 3.5 percentage points are added, with refusal only from personal - 2 pp, only from the title - 1.5 percentage points. Plus 1 p.p. When making one document, plus 1 pp For business owners, plus 0.25 pp For regions other than Moscow and the region, as well as St. Petersburg and the region.
To reduce the bet on 0.5-1.5 percentage points. You can use the option "Configure your bet", for which you need to pay a one-time commission in the amount of 4% of the loan amount, but not less than 10.5 thousand rubles.
Foreign citizens can count on credit. Registration at the place of residence is not required. The borrower should be from 21 years to 65 years at the date of repayment. The application is considered 3 days.
AHML
In the Mortgage Housing Agency there are two directions: Social mortgage and classical. We will consider universal offers of the classical direction.
"Ready housing". Basic product for buying an apartment on the primary or secondary market. The loan is issued for 3-30 years at 9.25% -9.75%. Plus 0.7 pp For refusal of personal insurance, plus 1 pp At the construction stage.
The initial contribution is from 20%. The maximum amount depends on the region and the loan coefficient / pledge. So, in Moscow can give up to 20 million rubles, in the rest of the regions no more than 10,000,000 rubles.
"New building". Purchase of housing in the new buildings accredited by the Agency. Rate - 9.0% -9.5%, plus 1 pp At the construction stage, terms - 3-30 years. The amount also depends on the region. The first installment is from 50%.
"Removing"
. Suitable if you have accommodation, but you want to move to another. The cost of the available housing is taken into account as an initial contribution, and such accounting can be made within the framework of other mortgage programs. The rate is 9.0% -9.50%, the period is from 3 to 30 years.
"On the bail of the apartment." Target loan secured by the already existing apartment. The loan is granted for 3-30 years, the rate is from 9.25% per annum, plus 0.7 pp. For refusal of insurance. The initial contribution is from 0%.
The borrower should be from 18 to 65 at the time of repayment. It can work on hiring or be an entrepreneur, but in the second case, entrepreneurship should bring income for at least 2 years. The income is confirmed officially (2-NDFL, a copy of the tax declaration).
VTB 24
Program "Buy housing" It is designed for the purchase of an apartment or a residential building of the ka on the primary and in the secondary market. It is provided from 600,000 to 60 million rubles for up to 30 years, from 9.7% per annum. At the initial contribution of less than 20%, the rate increases by 0.5 percentage points, with a refusal to personal and titular insurance - another 1 percentage The maximum amount is limited to 90% of the cost of the purchased apartment or 70% of the cost of a private house.
Free Mortgage Calculator Sberbank 2020 will calculate the amount of payments, maturity and interest for the use of mortgage. Take a mortgage - the decision is responsible, but the right one. The young family is better to pay for her housing than the rental of someone else's. And to minimize risks when choosing a program, you need a reliable calculation tool.
The convenient tool is absolutely free. The user conducts calculations without restrictions on the number of options. Analysis of the results allows you to independently determine the comfortable amount of borrowed funds and a convenient deadline for the fulfillment of obligations.
To obtain correct results of the mortgage calculation of the online Sberbank calculator, it is necessary to introduce source parameters with maximum accuracy. In a special form, the user indicates:
The lender provides benefits to customers under compliance with 1 or several conditions:
The remote calculator is designed for preliminary calculations. The final payment schedule of the Bank issues after consideration of the package of submitted documents.
Sberbank issues loans secured by real estate in the amount of from 300,000 to 30,000,000 rubles for a period of 1 year to 30 years. The prerequisite is the contribution of at least 15% of the value of the object to the borrower of the initial contribution. Credit without confirming the solvency and official employment of the client The minimum value of an independent payment is 50%.
In the line of mortgage lending programs, 2020 includes bank products other than base rates and other characteristics. The applicant will have to choose a convenient offer to get a loan for purposes:
Preferential conditions are provided for program participants:
The Bank has prepared a separate proposal for applicants who want to pay the initial contribution (fully or in part) maternal capital.
Applying online application simplifies mortgage design in Sberbank. Registration on the site of the service Domklik frees the applicant from the need to visit the office. To prepare a remote application, it is enough to perform simple actions:
In order to increase the lending size, it is allowed to attract co-crewrs. In the absence of a marriage contract, spouses are necessarily becoming title co-coaches, regardless of age and solvency.
For registration of income confirmation, a passport is required, a copy of the employment record and a certificate of 2-NDFL or in the form of a credit institution. It is allowed to obtain a mortgage in Sberbank without a certificate of salary. It is enough to present a passport and 1 additional document from the proposed list:
The lender is quickly (within 2 days) considers the application. Most applicants receive an answer on request on the day of appeal to the financial organization. After approval of the application, choose an object and coordinate a deal with the bank (send documents for an apartment or a house for consideration).
The discounts indicated in the mortgage calculator percentage make it possible to reduce regular payments and overall overpayments. A decrease in the monthly load on the family budget contributes to an increase in the deadline for the fulfillment of obligations. Partial early debt repayment also reduces the size of mandatory payments.
Promotion to new buildings
Young families
Military Mortgage - Acquisition of Ready Housing
Military mortgage - acquisition of housing under construction
Refinancing
Acquisition of finished housing
When choosing a credit and financial organization, which can issue a consumer loan for the acquisition of own residential meters, each person can fall into confusion from a variety of proposals of various banks.
When the banking institution is issued to the exercise of any specific material acquisitions, incl. On the purchase of real estate, this type of credit products is called a target loan.
The agreement concluded between the credit facility and the financial lender, necessarily contains the indication of the goals of obtaining credit funds.
Such capital of the borrower cannot spend on any other purposes, since the issuance of borrowed funds is almost always in the hands of the client.
Money, in accordance with the contract, is transferred to the account of the seller of housing, and the acquired structure is usually charged by the loan. One of the types of target lending is a mortgage (loan for the purchase of residential premises).
Real residential property acquired with the participation of mortgage lending programs becomes the property of a lending person since the conclusion of the contract for the sale and purchase of housing and the registration of the rights to it at the borrower in the real estate Roserestre.
The most famous option for making mortgages in the Russian Federation? This acquisition of an apartment for credit institution loan money.
A bought the object is usually taken by the bank, although no financial and credit organization will refuse other, more valuable, the object of pledge - another apartment, cottage, land, car, sea vessel, etc.
Mortgage loans are issued by banks on different conditions. With a small cost of housing, you can buy it using the inadequate consumer loan in cash, which is issued in the amount up to 1,500,000 rubles, if there is a security - up to 3 000 000 rubles.
At the state level, the considered type of lending has support in the form of a legislatively adjusted mortgage system through special state mortgage agencies.
A Russian citizen can become a client agency. Parameters of the client's age each bank puts forward its own.
Since the cost of real estate in the country's regions starts on average from the mark 1 000 000 - 1,500,000 rubles, Banks usually one of the conditions put forward a constant high income, co-servers / guarantors and credit provision.
In exceptional cases, the loan can be obtained without confirmation of income and employment. For example, on the promotional program of buying finished housing with young families from Sberbank.
Credit agreement precedes the consideration of the binding questionnaire and the documents attached to it, which each bank requires individually.
The client of the institution can enter into a loan agreement on a predetermined credit and financial organization for a given individual offer, and may apply for another amount, but already on other, which offers the bank, conditions.
In this case, as well as when contacting a new client, banking institutions are closely considered the creditworthiness of the affected person.
Announced the term of consideration of the application from 1 to 5 days, and at certain cases, decada takes decades.
You can apply for a personal visit to the department that I liked the bank, but at the same time it will have to visit at least twice.
Much more economically in time, the option of filling out the questionnaire directly on the bank's website. Separate institutions after approval of the application offer the opening of a credit account in parallel with the release of a bank card, which can be obtained not only in the bank's division, but also to order delivery by mail or courier.
Loan the acquisition of living spaces Many banks. The greatest number of proposals, the presence of state support of mortgage loans is only financial structures with the predominance of state capital (50% + 1 share or more).
These include: Sberbank, Rosselkhozbank, Gazprombank, VTB 24, Svyaz-Bank and others.
Consider the main parameters of the proposals from the specified credit and financial organizations in the comparative table:
| Name | Age borrower |
An initial fee, % | Time return, years |
| Sberbank | |||
| Acquisition of finished housing | 21 ‒ 75 | 20 | 30 |
| Construction of a residential building | 21 ‒ 75 | 25 | 30 |
| Military mortgage | From 21 years | 20 | 20 |
| Rosselkhozbank | |||
| Mortgage on two documents | 21 ‒ 65 | 40 | 25 |
| Mortgage with state support | 21 ‒ 65 | 20 | 30 |
| Gazprombank | |||
| 20 ‒ 60 | 20 | 30 | |
| Military mortgage | 20 ‒ 45 | 20 | 25 |
| VTB 24 | |||
| Acquisition finished housing | 21 ‒ 70 | 15 | 30 |
| Svyaz-Bank | |||
| New building | 21 ‒ 65 | 20 | 30 |
| Your mortgage | 21 ‒ 65 | 20 | 30 |
Almost all banks offer lending to the purchase of apartments. There are differences when buying housing on the primary or secondary market.
The first position at the conclusion of a loan agreement can rely on state subsidy part of the interest on the loan.
As a first contribution, cash maternal capital is accepted. Credit can be provided at the same time in the form of a credit line (Gazprombank - up to 45 000 000 rubles At the suggestion of "Acquisition of an apartment in the house under construction").
All institutions with one of the conditions for registration of the loan agreement indicate the mandatory insurance of the purchased property and transferred to the pledge of real estate.
As a voluntary option, life insurance and the health of the borrower / concentrators is offered. The presence of such is stimulated by a decrease in the interest rate on the loan. For example, in Rosselkhozbank (+ 3.5%).
Possible option to buy housing without a mortgage, but the maximum amount is limited 3 000 000 rubles And in rare cases - five.
By such a product, cash is provided without specifying the purpose of use, but it becomes obligatory. The interest rate in this case will be several points above.
This option is more suitable for regions, as in Moscow, St. Petersburg and adjacent territories the price of a square meter of living space is quite high.
It does not allow for the purchase of apartments of a large square with several residential rooms, and in some cases it does not allow to qualify even on the "odnushku" with a separate residential room.
The legislation of the Russian Federation allows the use of family capital allocated by the state to support large families, as the first contribution or payment on the loan for the purchase of housing. In 2019, the amount of maternal capital is 453 026 rubles.
Having in the hands of the maternal certificate issued, an individual issues an application to the Pension Fund of the Russian Federation with a request to transfer a certain amount of funds to the mortgage account in a fabricated financial institution.
For this, the PF division in the presence of the Bank's presence is provided with documentation confirming the conclusion of the mortgage lending agreement.
After checking the employees of the documents transferred and obtain a positive decision, the money is listed on a credit account in the bank.
The basic requirements of banks for citizens-citizens of Russia are reduced to the age limit and the presence of a stable place of employment, which is confirmed by certain continuous work experience at this place.
Some institutions put forward conditions for the availability of common experience for the last year, as well as other positions.
Consider the proposals of the banks under study in the comparative table:
| Bank | Age credit goods |
Experience in the last place of work | Other conditions |
| Sberbank | 21 ‒ 75 | No less than 6 months | 1 year of the overall experience in the last 5 years There may be no more than 3 cohesives |
| Rosselkhozbank | 21 ‒ 65 | No less than 6 months | 1 year of the overall experience in the last 5 years |
| Gazprombank | 20 ‒ 60 | No less than 6 months | The client's income should allow the loan service and maintenance. Total experience at least 1 year. |
| VTB 24 | 21 ‒ 70 | No restrictions | Total experience at least 1 year |
| Svyaz-Bank | 21 ‒ 65 | At least 4 months | Total experience at least 1 year |
The individual should be accommodated in the region of the presence of the banking institution, which is chosen to them for the conclusion of a loan agreement. Exception from rule - Gazprombank.
For "his" customers, bank institutions are positioning a loan for two documents.
In addition to actually, applications-questionnaires in the form of a bank for a mortgage loan is provided with a passport and a document to choose a borrower:
It will be quite natural to the difference of such a list for various banks. In some institution will be sufficient for the presence of a minimum package of documentation.
An addition to the specified "set" will have to be collected in another credit organization.
This concerns cases with maternal capital, in the presence of contemporars / guarantors, providing property for collateral, different from the housing purchased on credit.
Compared with conventional consumer lending products, the mortgage direction has a smaller percentage of the borrower.
Since the loan agreement may be issued for up to 30 years, then banks stimulate customers to conclude contracts for a shorter period, offering lower interest.
The financial component of the earnings of individual institutions depends on the volume of the initial contribution in the percentage ratio to the sum of the entire loan.
We will reduce the proposals of the banks under consideration for the purchase of apartments in the primary market in a comparative table:
| Name of the banking program | An initial fee, % | Interest rate depending on the term return, years |
|||
| To 10 | 10 ‒ 20 |
20 ‒ 30 |
|||
| Sberbank | |||||
| Acquisition of finished housing | 20 ‒ 30 30 ‒ 50 Over 50. |
13,0 12,75 12,5 |
13,25 13,0 12,75 |
13,5 13,25 13,0 |
|
| Rosselkhozbank | |||||
| Mortgage on two documents | Up to 50 50 or more |
≤5 years - 14.4 ≤5 years old - 13.4 |
\u003e 5 years - 14.4 | ||
| Gazprombank | |||||
| Buying an apartment or townhouse with state support | Up to 50 50 or more |
≤7 years - 11.5 ≤7 years old - 11.0 |
\u003e 7 years - 11.5 | ||
| VTB 24 | |||||
| Acquisition finished housing | From 15. | 13.1 - for salary customers 13.6 - Basic |
|||
| Svyaz-Bank | |||||
| New building | 20 ‒ 34 35 ‒ 49 50 ‒ 90 |
14,0 13,75 13,5 |
14,25 14,0 13,75 |
14,75 14,5 14,25 |
|
Gazprombank in the first two years of repayment of the loan can give a percentage rate of 8.85% when making half of the required loan amount.
The threshold values \u200b\u200bof the sums of mortgage loans from each banking institution. For such credit products, a high initial fee is characterized. It can be as half a loan, that and the tenth part of it.
The more the presence of the state in the capital of a credit and financial organization, the larger the amount may be issued as a mortgage.
Let us examine the supply of banks in a comparative table:
| Bank (product) |
An initial fee | Mining amount, rubles |
Maximum amount, rubles |
| Sberbank | 20 | 300000 | 15000000 |
| Rosselkhozbank(Mortgage on two documents) | 40 | 100000 | 8000000 |
| Gazprombank(Buying an apartment in the building under construction) | 15 | 500000 | 45000000 |
| VTB 24(Purchase of finished housing) | 15 | 500000 | 60000000 |
| Svyaz-Bank(New building) | 20 | 400000 | 30000000 |
According to programs with the participation of state subsidies, banking proposals are limited. 8 000 000 rubles.
The term of consideration of the questionnaire for the issuance of a consumer mortgage loan depends on the category of an individual.
A positive decision on the loan also has its own period of reality. Repayment time is different, depending on the banking product, but does not exceed 30 years.
Consider the various options offered by banks in the comparative table:
| Name | Time of considering the application, working days | Validity period | Maximum repayment period, years |
| Sberbank | |||
| Acquisition of finished housing | 2 ‒ 5 | 1 | 30 |
| Rosselkhozbank | |||
| Mortgage on two documents | To 10 | 1 | 25 |
| Gazprombank | |||
| Buying an apartment or townhouse with state support | To 10 | 1 | 30 |
| VTB 24 | |||
| Acquisition finished housing | 4 ‒ 5 | 4 | 30 |
Repayment of loans from all banking institutions is performed on a predetermined schedule monthly, before the date indicated in it.
Required when payments through other banks and payment systems, it is necessary to know the term of transferring funds to the account of the lender. The main scheme of fulfillment of credit obligations? annuity.
Separate institutions offer a classic, differentiated repayment order. For example, Rosselkhozbank.
In the case of payment through own ATMs and terminals, through Internet banking, the transfer of money is free.
Third-party banks take a commission for conducting an operation. This is usually a percentage of the list of enumerations, but no less fixed amount, depending on the tariff service of service by the Bank or by the payment system of individuals.
The main advantage of the mortgage loan is the ability to instead of a long accumulation of the desired amount, already currently acquire real estate and live in your apartment or private house.
In this case, the acquired residential premises will immediately be registered as the property of the mortgage borrower.
In such an apartment / house, the owner is entitled to register all members of his family.
The security of lending towards the Bank is achieved by insurance of various risks on the object of mortgage, including in the case of loss by the client of ability to work.
In addition, there is another list of positive qualities of mortgages:
the long period of mortgage payments makes the amount of the monthly payment is not too huge, and therefore not very burdensome for the family budget.
The most serious lack of mortgage lending is "overpayment" for the acquired real estate, reaching 100% at certain cases and more.
The increase in the final cost of housing in the execution of the mortgage agreement consists of interest on the loan and annual payments for mandatory and additional types of insurance.
When making documents, the client has to implement certain additional payments:
In sum, total additional costs can be up to 10% of the price of the acquired residential object.
Negative Mortgage - many requirements (in some cases) from institutions to borrowers.
Especially with small income, the presence of several concerns and providing as security for a loan of not only acquired housing, but also of another valuable real estate.
The minuses should also be called:
obligatory availability of permanent registration and citizenship of the Russian Federation;
Acquisition of own housing for many people is a dream, which, unfortunately, is not so easy to fulfill. Especially painfully the issue of mortgages is becoming young families and servicemen - after all, so I want to start a joint life in your apartment or house, but, as a rule, salaries in our country do not allow you to purchase our own housing immediately. In such cases, people are increasingly used by the mortgage, as the only way to buy real estate: Apartments in new buildings from the developer, land plots, townhouses and country houses or housing in the secondary real estate market. But additional opportunities are opened, borrowers can progress when using mortgages - the sale of apartments from the developer in many residential complexes of Moscow, Moscow region and St. Petersburg often begins with accreditation in large Russian banks.
Mortgage is long-term loan for the purchase of housing secured by real estate. Among all forms of acquisition of housing mortgage is the most convenient, as it allows you to significantly facilitate the financial load of the buyer. Like any other financial operation, housing lending has its advantages and disadvantages that need to be learned before signing a contract with the bank.
Mortgage allows you to become the owner of housing in a rather short timeAt the same time, the loan is issued for a long time, which facilitates its payment. If you compare the mortgage and rental of housing, then even with equal monthly payments of the mortgage, it is definitely more profitable to pay for your own housing, and not for someone else. In addition, the mortgage makes it possible to obtain a residence in the borrower and members of his family in such a way.
Despite the large number of advantages, mortgage has some disadvantages. Especially acute it will be felt if you want to buy an apartment in Mortgage in Moscow or a room in St. Petersburg. So, for a long period of time, a significant part of income will need to be given for repayment of the loan. And in the case of loss of such an opportunity, accommodation will have to sell to repay debt to the bank. But in any case, the banks always try to search for compromise solutions in critical situations and choose such an output of them, which would have arranged every side.
When making a mortgage, many factors and nuances are taken into account, which allows for each consumer to choose the most profitable lending option. In addition, each of the many existing banks currently offers several mortgage lending programs. As a result, consumers have a huge selection of proposals, which can satisfy any requirements and conditions of borrowers, so such questions as "where to take a mortgage" or "which banks give a mortgage" today is not worth it.
In order not to confuse in such a wealth of banking proposals and choose the most profitable option, we offer to use our mortgage calculator and calculate interest rates on mortgage loans in the largest banks of Russia. By pressing only a few buttons, you will see sentences with the lowest mortgage interest rates within a few seconds. This will help you avoid independent visits to banking offices, studying the mass of documentation on mortgage programs and preliminary calculations for each of them.
With our calculator, you can easily and quickly calculate the mortgage loan, Just entering your data into the appropriate form fields. So, to calculate the mortgage, you will need to choose the region, specify the type of housing (apartment in the secondary market, apartment in a new building, country real estate), choose the currency (Russian rubles, US dollars or euros), the cost of real estate, choose the amount and loan period. For more accurate calculations, it is possible to provide additional credit conditions - choose an income confirmation form, providing a loan (any, credited object, guarantee, other real estate), choose the type of interest rate (any, fixed, floating), citizenship and presence of registration.
After all fields are filled, you need to click on the "Calculate" button and within a few seconds the system will provide you with a list of mortgage loans that satisfy all your conditions. From this list, you can choose a few sentences and compare them using the "Compare" button, it will help to choose the most profitable program. In addition, each of the proposed options can be studied in detail by reference "Go". After you decide on the lending program, you can fill out an online application, and representatives of the bank will contact you to clarify the details at a convenient time for you.
Our service services are not additionally paid, You will cooperate with the bank on the chosen credit program under the same conditions that would be when making a mortgage in the Bank's office. As for the banks that we offer to cooperate, then these are the most reliable institutions that provide only high-quality services on transparent conditions.
What is a mortgage and how does it differ from the consumer loan?
Buying an apartment in Moscow is not the cheapest. However, every day hundreds of ordinary people acquire capital housing, they perform finishing and repair. Where do they find money? Earn? Spent? Take relatives? In many cases, people take the amount of banks that is missing for the purchase of an apartment. For the purchase of housing, you can make a mortgage or consumer loan. What is the principal difference between these banking "products" and which one is more profitable - we will understand the article.
Mortgage is a target loan designed for individuals who want to buy an apartment. The bank issues a borrower of the one or another amount of money and takes a deposit purchased housing until the debt is repaid. Mortgage loan implies a mandatory initial contribution that makes a slight percentage of housing costs (usually 10-20%, no more), low interest rates and long-term debt repayment period. When making a mortgage, the risk of what can be deceived with the object of real estate, is reduced to almost zero, because the insurance company, and the bank are carried out.
Mortgage loans of many scares the massive package of documents to be collected for approval by the Bank's application, as well as the need to pass numerous commissions and insurance. However, it is these "inconveniences" and cause low interest rates on the loan. The bank, receiving a large amount of information about the client, protects itself from risks that are connected with the intensity of money. / P\u003e
The amount of mortgage loan can be more than a consumer counterpart.
If a person has an amount in his hands, equal to only 20-30% of the cost of housing, the Bank will be able to give him the missing 70-80%. Thus, if the amount existing on hand is not large, or instead of "live money", the buyer of housing plans to make a contribution through maternal capital, mortgage is the most successful solution.
It is also necessary to understand that by means of a mortgage you can purchase only a certain housing - which will approve the bank. In addition, before repaying the debt, your hands will be associated in terms of committing any real estate operations, which is pledged. To pass, sell or even perform a redevelopment of housing will be possible only after receiving the consent of the bank.
Consumer loan is issued for any purchases, and not just to solve housing problems
Consumer loan is not a profile "banking product" aimed at purchasing housing. However, with its help you can also solve a housing issue. Consumer credit (PC) is issued to citizens for consumer purposes, in other words, not related to entrepreneurial activities. In the banks are made up of non-target PCs - for any purchases.
Anyone aged 18-21 to 55-70 years old can issue a consumer credit (various age qualifications are operating in different banks). The average duration of the PC is sufficiently low - only 5 years (though, some banks are usually not very large and not very well-known, make up a consumer loan for a period of up to 10-15 years. However, interest rates in this case increase). Therefore, in the case of the design of a PC to buy housing, you should customize yourself with the fact that monthly contributions will be quite high.
Usually, the amount of consumer loan does not exceed 500,000 rubles. If you need a larger loan, the bank will require one or two guarantors, which will complicate and extend the process of issuing a loan for a large amount.
PC interest rates higher than the mortgage. In the first case, they vary in the region of 17-22%, and in the second - 12-15%. The gap may be not big, but the overpayment in the case of a loan in a large monetary amount can be very tangible.
Consumer credit is convenient to people who already have a significant amount of money in their hands, but some 20-30% are missing for the purchase of housing. Embodstates PC in the bank, a person will be able to choose an apartment or a house to his taste, without coordinating this issue with a financial organization. True, in this case, all verification of the real estate object for legal purity becomes the career exclusively. In the event of a borrower of financial difficulties, the Bank will not claim home purchased by means of a PC, as in the case of a mortgage loan. A person will be able to manage the apartment or house in his understanding: to live there or not, rent, give, give, to use, sell, etc. With a mortgage, such freedom of action is excluded.
Interest rate on the mortgage below
Let's summarize: when it is more profitable to make a mortgage in the bank, and when a consumer loan? Everything is very individual and depends on the situation.
The modern real estate market is replete with government programs and special banking proposals designed to facilitate the acquisition of real estate. Before turning to one of them, consider carefully all the options, get the maximum of information, weigh all the "for" and "against". If you do not have any confidence in questions, whether you live in a purchased apartment or want to sell it, and in addition the amount of the initial contribution is too small, it is better to postpone the issue of a bank loan. Do not rush to climb into the booth, wait until the situation is clearing.
