The Russian government plans to reduce the requirements for the down payment under state programs of preferential
mortgages. The down payment is planned to be reduced from 20 to 15 percent of the cost
of the purchased apartment, Interfax reports, citing a draft government decree.
We are talking about the program
mortgage for families with children, the program of the Far East
mortgages and about the "coronavirus" preferential program
mortgages under 6.5 percent for a wide range of citizens, launched in April. In this way, subsidized loans for
purchase of an apartment will be provided in the amount of 85 percent of the price of the apartment, and not 80 percent as it is now.
At the end of April, President Vladimir Putin instructed the government to prepare proposals to reduce the down payment on housing loans for families with children using maternity capital to 15 percent.
Recall that
mortgages at six percent per annum are entitled to families in which the second or subsequent child was born from January 1, 2018 to December 31, 2022. will be provided at a rate of 85 percent of the price of the apartment, and not 80 percent, as it is now.
At the end of April, President Vladimir Putin instructed the government to prepare proposals to reduce the down payment on housing loans for families with children using maternity capital to 15 percent.
Recall that
mortgages at six percent per annum are entitled to families in which the second or subsequent child was born from January 1, 2018 to December 31, 2022. will be provided at a rate of 85 percent of the price of the apartment, and not 80 percent, as it is now.
At the end of April, President Vladimir Putin instructed the government to prepare proposals to reduce the down payment on housing loans for families with children using maternity capital to 15 percent.
Recall that
mortgages at six percent per annum are entitled to families in which the second or subsequent child was born from January 1, 2018 to December 31, 2022.
