Especially for young families are invited to a special type of mortgage. Moreover, there are various options: in particular, subsidized by the State and by individual banks. Briefly examine both.
Mortgage terms for federal support of young families dictate that each family member should not be older than 35 years. In addition, to take advantage of this program, you want to be in the list of families waiting for housing.
What will be the amount of the grant depends on what is the average cost of housing in a given region. In particular, for Moscow’s calculation of what is enough for two 48-sq. m, and a family with children is 18 sq.m. m for each person. In the first case, the State assumes the obligation to pay 35% of the cost of housing. In the second, 40%.
Special conditions for young families provides mortgage and savings bank. The program assumes that the young family should contribute 10% of the cost of housing, if it has children, and 15 percent if it is not. In addition, if a child is born in the family, she could be granted a deferral.
However, if a good understanding, these terms are virtually indistinguishable from those of the standard mortgage loans. It can be said that similar programs – rather, marketing move. This is logical – young families would rather be in the Bank, which will entice them beautiful “wrapper”.
For this reason, experts assert that there is no special meaning to use mortgage products of banks. Much better to rely on Government support. But in this case, you must remember that it is only those families who need better housing. You can use the resulting social payment for any purpose to it.
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