The average mortgage payment is 25-30 percent of family income

Средний платеж по ипотеке составляет 25-30 процентов от дохода семьи

The average mortgage payment is 25-30 percent of family income

According to the VTsIOM survey, the average payment for mortgage loan on buying an apartment in 2019 amounted to 21-22 thousand rubles, which is about 25-30 percent of the total family income.

The average amount mortgages last year amounted to 2.1 million rubles. The loan was issued for 10-19 years at a rate of 9.5 10.0 percent. At the same time, almost half (45 percent) of the borrowers who bought an apartment with a mortgage have no other loan obligations. 14 percent have a credit card, 16 percent have a consumer loan, 3 percent have a car loan, and 18 percent have several different loans.

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A CMP Realty client shares his experience of selling his condo and receiving support throughout the transaction. In English.

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The average mortgage payment is 25-30 percent of family income