Statistics 2016 identified Sberbank of Russialeader in the number of cash mortgage loans issued due to the confidence of a significant part of the population. The policy of the state bank in 2017 is aimed at creating all the necessary conditions for citizens to be able to get a mortgage loan with minimum interest.
Mortgage lending is one of the maincomponents in the system of borrowing targeted funds. After transferring money to buy real estate, housing becomes a mortgage (pledge) of the bank as a guarantee of repayment of credit. What is the percentage of mortgage for secondary housing?
Concept of interest rate
Bank establishes individual orderpercent mortgage of each loan issued. Interest rates are the main factor of payments, their range varies from 7 to 12% for loans in foreign currency, and from 8 to 14% in ruble loans.
When calculating interest, the following nuances matter:
1. Object. Acquisition of real estate. This can be an apartment or a private house, as well as part of an apartment or house.
2. The housing market. In this case, the secondary. That is, housing is not purchased in a new, not yet rented house.
3. Official income indicated by the form 2-NDFL or a certificate in the form of the bank.
4. Required dates. The term of the mortgage is longer than that of consumer loans.
5. First installment. It is important when the cost of housing is exceeded, when the interest rate decreases.
6. Promotions and special offers.
The percentage of mortgages on secondary housing is high,there is an overpayment. The longer the repayment period, the more funds the borrower will pay. For example, for 20 years of mortgage double cost of an apartment is paid. But the plus is that the person will have his own room, and he will not have to give extra money when renting a room - he will spend the money to pay his own square meters.
Mortgage for secondary housing: the interest of banks
Percentages of second-hand housing mortgage 2017 will depend on such factors:
1. The established size of the main rate by the Central Bank. Now it is 11.5% (varies up to 11.9%).
2. Putting new state programs into operation. From January 1, 2017, changes in rates are introduced.
3. The economic situation.
Expected mortgage program 2017 in Sberbank- This is a special offer of no down payment. It is very difficult for people to collect the first amount, and additional expenses for insurance and an independent expert assessment of the real estate object will be required.
Types of interest rate
Common are fixed percentages. Their peculiarity is that they remain unchanged throughout the term of the mortgage.
There are also floating rates, which depend on the average rate of all interbank markets of European importance. Every six months or a year a new percentage value is reported to the borrower.
There is also a combined rate that remainsunchanged over the first few years of the loan, and then goes into the floating. This rate is beneficial to the borrower, because it allows you to accumulate funds before its transition from one to another.
For each user mortgage interest is calculated individually, which he will then have to pay.
Судя по отзывам, разные виды программ с the minimum interest rate in the interests of its customers selects Sberbank. Secondary housing mortgage (what percentage of this bank we will discuss below) is a rather popular service that many people use.
The concept of secondary real estate
Secondary is called residential premises, legally accepted for use, previously used for the actual residence of people.
Secondary housing is not a new building, but a place where someone already lived, which the owner (natural or legal person) has the right to sell.
"Old Fund" is no less in demand than new buildings. This is due to a more affordable price for the ordinary citizen. In addition, the purchase of such housing is very fast (up to six months).
Such housing requires the least investment than the primary. Any repair was made in it, there are communications.
Plus, the range of the secondary market is very wide. Personal preferences and wishes of customers are taken into account.
The only risks with the purchase of such real estate are the necessary thorough verification of all documentation of the owners and utility bills.
Percentage of mortgage for secondary housing
Sberbank gives you the opportunity to purchase a secondary housing mortgage on such conditions:
1. Term. It depends on the current program. Also granted the right of early repayment.
2. Initial installment (from 15 to 20%). The larger the fee, the lower the interest rate.
3. Minimum loan (in the amount of 300 thousand rubles).
4. Permanent source of income.
5. Citizenship of the Russian Federation.
6. Good credit history.
7. The use of the right of state subsidies (maternity capital, subsidies to a young family, special mortgage funds for servicemen).
8. Calculation of loan repayment "mortgage calculator."
According to forecasts, the state will continue to help people improve their living conditions.
Purchase of finished property
Sberbank determines the percentage of mortgage on secondary housing from 12% with a minimum loan. This determines:
• The maximum subsidized amount - no more than 85% of the estimated value of the purchased housing;
• the term of the loan is up to 30 years;
• the first investment from 20% of the cost of an apartment.
The percentage calculation of the secondary living space is similar to the rates in new buildings.
Orient in numbers will help approximate table percent for secondary housing.
Credit term | First installment | Interest rate |
Up to 10 years | From 20 to 30% | 12.5-13% |
From 10 to 20 years | From 30 to 50% | 12.25-12.75% |
From 20 to 30 years | From 50% | 12-12.5% |
The percentage of mortgages on secondary housing depends on some nuances:
1. Category borrower. People who do not receive wages in Sberbank, pay extra from 0.5 to 1%.
2. Registration of a mortgage loan (an additional 1% is added).
3. Compulsory life and health insurance. Additionally, the rate increases by 1%.
Let's sum up the results
What do people say about the services of Sberbank?Housing loan interest is always lower than other types of loans, and the requirements for borrowers are not always too high. Uniform payments and a fixed, fixed interest rate is always a winning one. Real estate can be redeemed ahead of maturity. The percentage of mortgages on secondary housing in Sberbank is minimal (up to 13%).
