Mortgage - behind this foreign, but painfully familiar and familiar word lies the only opportunity to purchase housing for most young families in Russia.

Despite the complicated economic situation in the country, mortgage lending remains in demand, and therefore the question is especially relevant: where to find the most profitable terms which bank to contact?

If such a nomination existed, the choice of a bank for mortgage lending would be greatly simplified. But awards in this area are not awarded, and therefore you have to analyze, compare, calculate. The only assistant in choosing is the rating of Rusipoteka (an analytical center specializing in mortgage loans).

TOP 10 best mortgage banks in Russia looks like this:

• Sberbank;
• VTB 24;
• Deltacredit;
• Bank of Moscow;
• Rosselkhozbank;
• Gazprombank;
• St. Petersburg;
• Zhilfinans;
• Renaissance;
• Absolute.

It is important to note that the rating is based on the volume of loans issued to clients by various financial institutions. And the absolute leader in this list is Sberbank of Russia. According to the Central Bank of the Russian Federation, in the first quarter of the past year, this organization issued loans totaling more than 304 billion rubles. It is noteworthy that VTB24 Bank is in second place, its lending volumes in the mortgage segment amounted to 72 billion rubles. But popularity and profitability are different concepts. Therefore, another question arises: is Sberbank really - best bank to get a mortgage?

Conditions of mortgage lending, concepts and definitions

Before proceeding to the description of the conditions, it is necessary to understand the terms. So, how is a mortgage different from mortgage lending? You may be surprised, but these are different concepts, the first of which denotes a form of collateral in which the borrower pledges real estate, but retains the right to own and use it, and the lender has the right to sell real estate borrower in the event of default.

Mortgage lending is a long-term loan (up to 30 years), in which it is possible to purchase real estate, which will be the subject of public pledge. This means that when buying an apartment or house on a mortgage, the authorities registering the sale and purchase transaction make a record of the existence of an encumbrance. In case of non-payment of the loan to the bank, it has the right to announce the debt by selling the collateral object.

Having dotted all the “i” and given the definition of concepts, we can easily formulate the main condition for obtaining a mortgage. The purchased apartment, house and even summer cottage will be at the disposal of the borrower, he can live in them, carry out repairs, but does not have the right to sell or exchange real estate until he covers credit debt in front of the bank. Only after the loan is repaid, the borrower enters into absolute ownership rights and can dispose of the apartment or house at his own discretion.

Returning to the question of Sberbank, we list the main conditions for providing mortgages to its customers:

• loan amount - from 300 thousand rubles;
• interest rate– from 11.4 to 13.5% per annum in rubles;
• down payment - from 20% of the cost of housing;
• loan term - from 1 year to 30 years;
• the possibility of acquiring secondary and under construction housing.

Interest rates vary depending on the type of mortgage program. Thus, the lowest rates apply under the state-supported lending program and when buying secondary housing. The highest - for the construction of a residential building. The size of rates is also affected by whether the borrower participates in salary project jar.

Persons receiving a salary on a Sberbank card do not even need to submit income statements. All you need to apply is your passport. There are also convenient conditions for repaying the loan: the money will be debited from the client's account automatically, you just need to replenish the balance plastic card. There are no additional fees for issuing a loan, but to the loan amount in without fail the cost of the services of an appraiser, insurance of the property and notarization of documents will be added.

Mortgages in Russian banks

Lots of mortgage loans Russian banks, including all government agency- Rosselkhozbank. What percentage and conditions is he willing to offer? The bank has the following conditions:

• loan amount - from 100 thousand rubles;
• loan term - up to 30 years;
• initial payment - from 15%.

Rosselkhozbank allows you to purchase a mortgage not only primary and secondary housing, cottages or cottages, but also apartments. The financial institution also provides loans for housing construction. Interest rates vary depending on the term of the loan and the size down payment. The lowest interest rates (only 13.5% per annum in rubles) apply when obtaining a loan for a period of up to 5 years when paying more than 50% of the value of the property.

Bank Vozrozhdenie offers mortgage loans ranging from 300,000 to 5 million rubles to its clients. The down payment must be at least 20% of the cost of the apartment (at least 30% of the cost non-residential premises). The loan term is from 1 year to 30 years, and the interest rate is from 13.75%. And although the rating of the Rusipoteka agency was based on indicators of the volume of loans issued, it becomes obvious that the bank with the most favorable mortgage lending terms is in first place. This is also confirmed by the number of loans issued: in the first half of 2015 alone, there were almost 198 thousand of them. Such a number of borrowers who have chosen a mortgage from Sberbank cannot be wrong!

"Cheap" mortgage: myth or reality?

As you have noticed, on average, a mortgage is issued at 13.5 - 14% per annum. That is, slightly higher key rate Central Bank - 11%. But there are banks that make offers to customers that are extremely difficult to refuse. For example, Tinkoff, which does not appear in the ratings of mortgage banks at all, issues mortgage loans at 10.5%!

The conditions are:

• loan amount - from 300 thousand rubles;
• down payment - from 20%;
• loan term - up to 30 years.

Both the property itself and the penalty act as collateral for the loan. In order to confirm income, you can submit a 2-NDFL or 3-NDFL certificate, as well as a certificate drawn up in the form of a bank. The interest rate may increase in the following cases:

• in case of refusal to apply for insurance - by 2%;
• when submitting a certificate in the form of a bank - by 0.5%.

But even in this case, the rate will not exceed 12.5%, which is more profitable than most similar offers. It is noteworthy that Tinkoff offers mortgages with state support. There are other financial and credit organizations for which a cheap mortgage is not just words:

• MIA - 13%;
• SNGB - 13.25%;
• Centrcom - 12%;
• Opening - from 11.05%;
• Bank of Moscow - from 11.15%.

Some of the organizations listed do not require proof of income. However, do not rush into the credit pool with your head. Excessively favorable and convenient conditions should alert. Probably in loan agreement you will find a lot of conditions written in small print. For example, a commission may be charged for issuing a loan, it is often not possible early repayment. Sometimes low interest rates apply if the amount of the down payment is over 50 - 85%.

You should carefully read all the conditions, calculate all possible expenses and take into account unforeseen expenses (services of an appraiser, notary, insurance company). A mortgage is a long-term financial burden that should be taken on with extreme caution. Help in choosing a bank mortgage calculator. It can be located directly on the bank's website, but you can also find it on the Internet.

Also, when making calculations, pay attention to the type of payments: differentiated or annuity. With the second type, monthly payments will always be the same, and with the first, they will decrease as the funds are returned to the bank. For many, this option is preferable, because over time, paying off a mortgage becomes easier.

Not everyone can buy a home right away. In this case, you can use a mortgage. Each bank offers its own terms and interest rates. The state supports mortgages, and there are special programs that make it easier to pay. But to find out where it is better to take a mortgage, you need to familiarize yourself with the offers of various banks.

Mortgage terms vary from bank to bank. You need to know this immediately, before signing the contract. Usually mortgages are taken for 10-20 years. For each borrower is calculated monthly payment. You can deposit it in large amounts, which allows you to save on interest.

Favorable loans

In Russia, there is one type of mortgage - with a down payment. Without it, it was possible to get a mortgage only before the economic crisis of 2008-2011. Now this type of loan is not practiced due to insufficient reliability. But banks that give are very popular. After all, not all families have a large sum at once.

But even now you can find financial institutions that provide mortgages without a down payment, but only the percentage will be slightly higher. Sometimes a deposit in the form of existing housing is required. There may also be other conditions.

Provision of collateral

The ideal option is to purchase a second home when there is already some kind of real estate. In this case, banks provide mortgages, but not for the entire amount, but for 80%. For example, if the cost of an apartment is 10 million, 8 million will be provided.

You can take a property thanks to 2 loans. Only for the initial deposit, funds should be taken from another bank. In any case, each program will have its own conditions. As collateral, it is usually required to provide other real estate, a car. The bank needs this as a guarantee if the borrower for some reason cannot pay the mortgage.

consumer credit

If you are interested in a mortgage, in which bank is it better to take it? It is advisable to contact reputable Russian institutions. There is another option - obtaining a consumer loan. In this case, no deposit in the form of housing is provided. Banks issue amounts of 300-500 thousand rubles, which will not be enough to purchase an apartment even in a small town. But such a loan is suitable for buying property in the village.

To date, there are many programs, but only two are considered the most effective - "Young Family" and maternity capital. They offer borrowers benefits to facilitate repayments.

Program "Young family"

Where to get a mortgage for a young family? You should contact banks that work with special program"Young family". Under it, borrowers are provided with a subsidy, only spouses must be under 35 years old. The conditions include residence in the region of residence for more than 10 years. But even with participation in the subsidized program, you need to pay a mortgage installment of about 20% of the property value.

Profitable on the basis of the Young Family program are provided by Sberbank. The overpayment is 11-12% per annum, and the first installment is about 12% of the amount. To participate in the program, you must prepare the following documents:

• parents' passports;
• birth certificates of children;
• marriage or divorce certificate;
• income statements;
• extract from the house book;
• photocopies of the personal account;
• a document on the examination of the living conditions of the family;
• an act on the emergency condition of housing;
• a document that serves as confirmation of the presence or absence of property.

This is only the main list of documents, but the bank may require something else. Everything is governed by the rules of the institution.

Requirements for borrowers

Mortgage in Moscow and other cities of Russia is issued only with borrowers who meet the following requirements:

• age - over 23 years old and under 65 years old;
• permanent place of work for more than 6 months;
• the land on which the housing will be built must be the property of the borrower.

There may also be other conditions for granting a mortgage. It is advisable to take it in large, trusted financial institutions. Among the best institutions, Sberbank and VTB can be noted which are provided on favorable terms. If you need a small loan, it is better to contact Rosselkhozbank.

Where is it better to take a mortgage to arrange it at favorable interest rates? In this case, you can purchase a share in the apartment. Then the restriction will be age, experience, place of work. It is advisable to choose big bank. It is more profitable to take a mortgage at 13-15% per annum. But many institutions offer a loan at 23%, it all depends on the conditions. Some banks require a guarantor. They can be a relative or a close person.

What affects the percentage

Mortgages in Moscow and other Russian cities are provided at interest. Only in one institution it can be small, and in another - high. Be sure to pay attention to the terms of the contract, since the interest rate depends on it.

The benefits of a loan are affected by various requirements, such as insurance. For this service, a significant amount will be added to the loan. But the borrower can refuse insurance within 14 days, it all depends on his desire.

To determine the payment of a mortgage, an annuity form of payments is used, which increases the interest rate. But many believe that such a system of payments is the best way to spend the family budget. The longer the mortgage term, the lower the monthly payments.

How to get a low interest loan

Where is the best place to get a mortgage to take advantage of a low interest rate? Such loans are offered in various banks, the following requirements must only be met:

• positive credit history;
• stable and well-paid job;
• providing a large amount of documentation;
• opportunity to make a down payment.

Interest is calculated depending on the term of the loan and the amount of the first installment. The lowest interest rates are provided by major banks. Small institutions tend to suffer from instability, so their overpayments will be large.

Many banks offer clients individual conditions mortgages. If a loan was once issued, then more favorable conditions are provided in the future. Banks are ready to issue mortgages at acceptable interest rates only to trusted clients.

The best Russian banks

Before deciding where it is better to take a mortgage, you should familiarize yourself with the conditions of several banks. For each person, the concept of benefit depends on many factors. Some want to quickly pay off the loan, so as not to overpay a lot. Others will benefit from a small monthly payment.

Sberbank offers a mortgage at 14.5%, but you will need to pay an initial payment of 50%. The loan will have to be repaid over 10 years. If you do not provide a certificate of income, the rate rises to 15%. If you pay an initial payment of 30%, then the overpayment will be 15.5%.

Interest increases in the following situations:

• if the contract is not signed within a month after confirmation of the mortgage;
• upon refusal of life and health insurance.

Sberbank has a Young Family program. The initial payment is reduced to 10%, and at the birth of a child, the payment of the remaining part of the debt is suspended for 3 years. Maternity capital can be used to repay the loan.

VTB is a bank that provides mortgages according to its own method of assigning interest, which makes it possible to consider its offer as acceptable. The overpayment is 15.25%. The percentage increases only when health and life insurance is cancelled.

Mortgages can be issued at Alfa-Bank. Here the client has to pay a down payment of 50%, and then the loan is granted for up to 10 years. The percentage will be 20%. If the first payment is 30%, then the mortgage period is extended to 25 years. Overpayment on the loan will be 21.1% per year.

Maternal capital

Until 2009, the initial contribution could be made using maternity capital. To use the funds, it was not necessary to wait until 3 years had passed since the birth of the second child.

The certificate should be sent to the bank upon receipt. The capital is transferred pension fund after re-registration of housing to the owner. Additionally, you need to provide an application for application, a certificate, a certificate of pension insurance.

Mortgage Benefits

Before applying for a mortgage, you should learn about all the pros and cons of the solution. This will avoid many difficulties in the future. Experts highlight the following advantages of a mortgage:

• real estate becomes the property of the borrower, who can acquire a residence permit there, as well as register his family;
• since 2016, conditions have come into effect under which the borrower has the opportunity to early repay the debt without penalties and interest;
• the size of the payment is similar to the payment for renting a home, but the borrower becomes the owner;
• you can use profitable program, social project.

According to experts, a loan to buy a house in economic crisis profitable, because banks at this time provide customers with Better conditions. Mortgages also have disadvantages. It is necessary to make an initial payment - 10-20% of the amount. The contract is concluded for a long period, which psychologically burdens the borrower. If you choose the right program, the mortgage will be a profitable investment.

Russian banks are ready to provide a mortgage loan for a period of 1 to 30 years. In this regard, it is very important to choose a financial institution with which it will be comfortable to cooperate during the years of debt repayment.

First of all, when choosing a bank, the borrower's eyes fall on the interest rate on its mortgage programs. This is undoubtedly a very important condition, but a more significant indicator should be total cost loan (PSK), which includes all banking fees and fees: for consideration of an application, for issuing a loan, for maintaining an account, etc., which can significantly increase the cost of a loan.

Another very important point, which must be taken into account when making a decision, these are the requirements that banks put forward personally for you: age, length of service at the last place of work, the presence of a positive credit history, permanent registration in the region of application, etc.

If you meet all these conditions, then the next thing to look at is the package required documents, and most importantly, whether the bank accepts certificates confirming income in its own form or only in the form of 2-NDFL. Credit institutions can accept these documents in two forms, depending on the capabilities of the client, but at the same time set a higher rate.

The number of bank branches, their work schedule, the quality and speed of service, the absence of queues, the availability of mobile and Internet banking should also play a significant role. The client should be as convenient and comfortable as possible to work with the bank.

Clients may also be given a hint regarding the partner to be chosen. You can get acquainted with them on various thematic forums and portals, including Sravni.ru.

In addition, it is necessary to assess the accuracy and transparency of information about the bank's products that it publishes on its website. All conditions must be clear to a simple consumer, and in no case should they confuse him. Otherwise, you can talk about dishonesty credit institution which misleads its client.

Speaking about the size of the bank, no one can give unequivocal advice here: some prefer to borrow from major players market, others - at small ones. But, as a rule, the softest requirements for you and the lowest rates are offered by financial institutions in which mortgages are one of their core areas.

Some small banks can also offer very favorable terms to win their niche in the market. But it is still less risky to cooperate with those whose professional path is at least three years.

Choice credit institution, in which it is worth making out - this is a personal matter of each person. But in order not to regret the decision later, it is better not to be lazy and study the pros and cons of the bank even before signing the loan agreement.

Comparison.ru advice: Clients who receive wages in the bank where they want to get a mortgage. If you are a "salary worker", then check with your bank about the rates on a housing loan.

The issue of acquiring apartments makes Russians look for best banks for mortgages, offering the most favorable conditions. The ever-decreasing interest rate for the use of borrowed funds encourages citizens to buy apartments, since such a favorable period may end, and the value of real estate will creep up again. In order to decide which is the most profitable mortgage loan to prefer without being refused, one must carefully compare the conditions of all financial and credit structures offering such products.

What is a mortgage

For citizens of Russia this concept strongly associated with the purchase of housing on credit. Most of the mortgage lending programs for the population do provide for the purchase of real estate on a primary or secondary market but the concept itself is much broader. A citizen can apply for a targeted or non-targeted loan, and provide security banking organization owned real estate. The borrower can use the amount received for the purposes stipulated by the agreement. This action is considered a mortgage loan.

The features of the mortgage include the fact that the loan is issued for a long period, which can reach in some banking programs 30-50 years old, the client receives large sums in his hands, which can be used to pay for the purchased housing. Real estate, according to the mortgage contract concluded with the bank, remains the property of the owner - a financial institution - until the borrower repays the debt in full. If the debtor is insolvent, the creditor takes mortgaged property providing coverage for losses.

Due to the acute need for their own housing for most of the country's population, the state has developed a procedure to support low-income citizens. Her distinctive feature are the most low rate among the available proposals, as well as a budget subsidy for the payment of the loan. Depending on the personal category of the beneficiary, the money is provided in cash or in the form of a certificate giving the authority to pay part of the debt. To take out a mortgage loan preferential terms, it is necessary to confirm the right to preferences.

Minimum interest rate

Value mortgage rate can change regularly, demonstrating a decrease and increase within one year, depending on the financial circumstances of credit structures - all banks offer a variety of money issuance programs, with different overpayments on a loan. The mortgage rate is formed according to complex non-linear financial laws. The following factors can be distinguished, according to which the mortgage lending rate is determined:

• Profit financial institution, or margin, which is in the final price of each loan.
• The value of the key rate of the Central Bank of the Russian Federation. This criterion is considered the main factor that banks are guided by when they offer to take loans to legal and individuals. During 2018, the Central Bank has been steadily reducing the key rate, giving credit institutions the opportunity to make low payments on housing loans. This was done in order to make mortgage affordable to the general population in need of their own housing.
• The degree of risk. The banking structure assesses the probability of losing money, takes into account the provision by a potential borrower of information about the income received, the presence or absence of a down payment, a guarantee, real estate insurance, the health of the borrower and other scoring criteria (assessment of the reliability and solvency of the client). All this information is included in the mortgage rate.
• Buying an apartment from a specific developer. If housing is purchased from an accredited partner that is a member of the state assistance program for the poor, then the mortgage rate may decrease.
• The rate of inflationary growth for the current year. Inflation is estimated according to official statistics for the country and included in the rate in order to offset monetary losses in the issuance of a loan for the purchase of housing.
• The situation in the housing market of the country. With demand exceeding supply, as was the case before 2014, mortgage rates rose as citizens viewed the purchase of real estate as a way to invest their free financial resources but did not purchase housing for personal use. Crisis of 2014-2015 led to a sharp drop in demand for apartments, developers were forced to reduce the price of real estate. Mortgage rates became low, hitting historic lows by the end of 2017.

The state, represented by the President of the country, offers banks to reduce the mortgage lending rate for 2018. Profitable mortgages at 6% per annum will become available to those people who could not afford to think about their apartment. This project is proposed as a replacement for a mortgage with government subsidies implemented in 2015-2017 Count on low rates housing loans possible under the following circumstances:

1. Participation in the program state support mortgage lending. Preferential categories of citizens - the poor, young families with and without children, military personnel, teachers, civil servants applying for housing - can enjoy the lowest rate and other preferences that are compensated by the budget if they prove their right to a benefit.
2. Credit history. Bank managers are more loyal to clients who have proven conscientiousness and reliability in repaying loan debt, and who do not have a bad history of debt repayment. Such citizens will be approved for a loan faster, they are offered low interest rates.
3. Having official income. If the applicant prepares information in the 2-NDFL form on a high “white” income, at which you can safely pay off the loan debt, then the chances of receiving money at a low rate increase dramatically - the bank is calm about its investments.
4. Is the borrower a bank customer? Many financial institutions soften the requirements for the size of the interest rate if the client has a special debit "salary" or pension account, where regular income is received. Some organizations offer customers to transfer money to an account in this bank in order to enjoy the prerogative of low interest.
5. How to apply for a loan. Many financial companies stimulate customers by offering remote application for a loan via the Internet, making the interest rate lower for this method of submitting an application for consideration. An online application helps to avoid queues in branches, unloads service personnel.

Which bank is best to take a mortgage in 2018

Favorable conditions for receiving Money for the purchase of housing make citizens look for an answer to the question of which banking structures offer the lowest mortgage rates in 2018. Advertising your loan products, banks focus on low interest rates, but best offers Mortgages take into account many criteria. These include:

• The presence or absence of a down payment on the loan, its size.
• The amount of the interest rate and the presence of additional payments - valuation, property insurance, payment of commissions.
• Deadline for disbursement of funds.
• The method of repaying the body of the loan and interest - annuity payments provide for the payment of equal amounts monthly, differentiated (repayment in unequal parts) - that most of the mortgage, along with interest, must be returned at the initial stages of payment, the smaller - by the end of the contract.

Bank reliability

For mortgage lenders, the reliability of a bank with which a long-term loan contract is concluded at low interest rates will be a big advantage. If the banking structure is unable to settle with debtors, then the borrower may have problems with determining the owner of the mortgaged housing. When choosing a bank candidate, it is necessary to take into account both the low rate and the degree of reliability of the financial corporation, guided by the following list of universal criteria:

• Financial indicators for the current date - the value of assets, the presence of annual profits, the number of deposits, the size of the loan portfolio.
• Availability credit programs.
• Credit ratings assigned by international agencies.
• Lack of information in the media about financial problems, unscrupulous behavior of managers.

According to these indicators, Sberbank occupies the first place in terms of reliability among Russian banks, with assets of more than 22,900 billion rubles and loan portfolio for 15 billion rubles. Positive growth and increased profits ensure close cooperation with the government on subsidized mortgage lending. Second place is occupied by VTB-24, with assets worth more than 9 billion rubles and a loan portfolio of 5,200 billion rubles. Reliability is ensured by state support, since most of the shares credit company belongs to the state.

Interest rates

When choosing which organization has the cheapest mortgage, one must take into account the size of the real interest rate. Stocks that offer low interest rates on loans are often untrue. The borrower counts on low interest rates when applying to a credit institution, and company employees claim that a reduced rate is not due upon presentation of a passport and a second document. When signing the contract, the document may indicate interest even higher than previously agreed.

The borrower should study what formula will be used to calculate banking structure payments - some organizations do not allow you to independently choose between annuity and differentiated contributions, they offer only one way to pay off the debt. It is more profitable for Russians to pay off the debt in equal installments, since such a burden has the least effect on the family budget.

Mortgage agreements provide for mandatory insurance of mortgaged real estate with its preliminary assessment, which makes the loan more expensive. In addition, many financial institutions offer the borrower to insure health and life without signing an agreement without the client having a policy. When choosing a loan program, you need to immediately find out which hidden fees and payments are mortgaged at a low rate, are there any bonuses.

An initial fee

A major obstacle in the way of citizens wishing to apply for a loan for an apartment at low interest rates is the initial payment, which is offered to be deposited into the account before the issuance of funds for a mortgage loan. The amount of the first payment varies within 10-50% of the appraised value of the acquired property. Depending on the amount of the initial contribution, the loan rate may increase or decrease. Not all Russians with children who need apartments have accumulated finances for a large down payment.

The problem helps to solve the state, which offers certain categories citizens to make a down payment for them. Money is issued in cash or by a certificate that can be used to pay the fee. To apply for a privilege, you need to be registered with the municipality as needing affordable housing, provide information about the low number of square meters per household, other documents provided for banking rules and legislation.

Amount and term of the mortgage loan

The amount of credit depends on the specific price of the apartment that the borrower wants to purchase. If it refers to preferential category citizens who are offered a low mortgage rate, then the borrower has little choice - he can buy housing from accredited partner developers of a banking company. If a citizen wants to get money by mortgaging existing real estate, then the amount of the loan will depend on the real estate appraisal. It will not be possible to get 100% of the cost of housing, banks offer 60-75% of the price of the apartment.

The amount of money received is influenced by the initial contribution made. The loan amount can vary from 300 thousand rubles to 40 million rubles to residents of Moscow and St. Petersburg. The amount of finance received is directly related to the terms of the loan - the larger the loan, the longer it will take to repay. It should be borne in mind that the longer the duration of the loan repayment, the higher the total overpayment on the loan will become, but the monthly payment decreases. A mortgage loan is offered for 3-50 years, depending on the specific banking product.

Interest Formula

On the official website of each banking institution there is an automatic calculator with which it is proposed to quickly calculate the monthly payments on the loan. The user sets the main parameters - the amount of the loan, the desired repayment period, the option of paying the debt - annuity or differentiated, and the system calculates the overpayment on the loan, indicating at the same time the debt repayment schedule.

If credit calculator raises suspicions, you can independently calculate the interest paid using the formulas for each type of contribution. For annuities, the monthly mortgage payment formula looks like this:

A \u003d C x p /, where

C - the amount of the mortgage;

p - interest on it;

s is the number of debt repayment periods.

Differentiated payments assume that the principal loan is repaid in equal shares, and the interest payment varies from the maximum for the first installment to the minimum for the latter. The formula for calculating the first payment is as follows:

A₁ = C x (n + 1/s), where

C - the amount of the loan;

P - rate on it;

s is the number of debt payment periods.

Mortgage programs many banking institutions offer annuity payments when paying off debts as the most acceptable for mortgages. Differentiated payment may be attractive to small loan, when the amount of the first, largest contribution, does not fall as an unreasonable burden on family budget. For a large loan, which is a loan for an apartment, annuity payments are suitable, with the same amount paid monthly - the low amount of payments will not burden the borrower.

Where is the lowest mortgage interest in 2018

Many banking institutions have sharply reduced housing lending rates by several points at once, following the steady decline in the key indicator of the Central Bank of the Russian Federation. Clients are offered lucrative contracts for mortgage lending at low interest rates as of early 2018. You can see where the lowest mortgage rate is and evaluate current offers in the table below:

Which bank has the best mortgage in 2018

Many potential borrowers cannot decide which bank to borrow borrowed funds, since different products are offered, and the percentages constantly fluctuate both downward and upward. Take advantage of the current low rate mortgage trend and take profitable loan, you can compare the current offers for 2018 from the following table:

Video

What do you need to know about mortgages? Getting a mortgage is not as difficult as it seems. For many citizens, this is a completely acceptable way to purchase housing with a minimum type of investment. But it is necessary to take a loan, taking into account a huge number of nuances. In this case, this will be a real cost savings.

What should you pay attention to when you take out a mortgage?

First of all, it is recommended to study the federal law, which regulates relations when taking a mortgage loan. This is the Mortgage Act. Lending is carried out both in the secondary market and in the new building. When is the best time to take out a mortgage? specific conditions solvency and economic situation of the borrower.

The borrower also needs to distribute the family budget in such a way that there is enough money for monthly payments. Experts advise to allocate budget finances in such a way that from the total family income no more than 40% was spent on monthly payments. Among other things, you need to soberly assess your capabilities and decide how much the down payment will be. How large sum paid initially, the lower the monthly payment will become.

Each lending institution offers its own terms of lending. To figure out how profitable it is to take and arrange a mortgage, you will need to review a large amount of information on credit organizations. Before submitting documents for credit services you need to study the conditions of many lenders. These may be requirements for the age of secondary housing, for technical condition, as well as for liquidity. That is why banks often refuse to lend to Khrushchevs, basements, basements and communal apartments. Such housing cannot be used as collateral, and therefore credit institutions do not consider it.

Instructions on how to get a mortgage

Pledge for new buildings is more readily issued, especially from trusted developers who cooperate with a particular bank. When buying, you should be guided by such points:

• The amount of the down payment should be as large as possible. The larger the down payment, the less you pay each month and you won't have to overpay.
• Minimize the term, and who draws up the loan, so that the overpayment is the minimum amount.
• Take an apartment according to your real possibilities without counting on extra-class housing. Of course, such objects are also mortgaged, but there are completely different conditions.

If you take your time, analyze everything, then it is quite possible to take an object of housing, which will cost less than renting a house.

Mortgage term

What is the best way to get a mortgage

Benefit from a mortgage depends on what object is taken on loan. How to choose an object for a mortgage depends on the availability of funds and the value of the property. Many people think that an apartment should be bought at the construction stage. Most often, housing becomes more expensive from the time of construction and at the level of the excavation, you can buy a property at the lowest price.

How to get a mortgage for a second home

Resale housing usually costs more than under construction. Especially if it has undergone a high-quality repair or a legitimate convenient redevelopment with an expansion of the area. The cost of the resale depends on the area of ​​the city, the quality of the repair, the number of owners who have changed the apartment and the presence of encumbrances. When applying for a mortgage on a secondary property, there are a number of advantages:

• Banks are more loyal to this real estate market. There are credit organizations that issue mortgages only for the purchase of real estate on the secondary market.
• Lower interest rates.
• The down payment is getting smaller.
• A competent borrower can use their housing immediately after applying for a loan, and not after a while, as in the case of new buildings.
• The infrastructure already exists, not just promises to build it.

All these pluses indicate an obvious benefit when purchasing housing in the secondary market, especially since credit organizations are more loyal to such apartments and houses. Approving a loan for secondary housing by a credit institution is easier and the risk is less. Therefore, experienced professionals give advice on mortgages in the secondary market. Step-by-step loan processing contains fewer documents than when applying for a new building.

New building

To carry out the transaction, the developer needs to require the following documents:

• project declaration.
• Project declaration with state expertise.
• investment contract.
• The constituent documents of the builder.
• Insurance contract.
• Building permit.
• Documents ownership of the land.
• Extract from USRN.

A huge advantage in the design of a new building is that the employees of the credit institution, who are involved in the examination, will be able to check the loaned housing and the developer. This will protect the borrower from the subsequent resale of the object or other fraudulent activities. construction organizations. But in any case, the borrower must understand that a mortgage will have to be paid for an apartment in a new building, even if the buyer is deceived by contractors or construction firm turns out to be fraudulent. This is the main feature of the new housing market.

Preferential mortgage

Brokers who give advice on mortgages claim that the most favorable conditions are for those who fall under the conditions of preferential mortgages. There are several such groups:

• Young teachers and successful scientists.
• Soldiers and their families.
• Large and young families.
• Persons who received maternity capital.

Young family

Each group has its own conditions, but in any case, it is necessary to find banks that provide mortgages on favorable terms and participate in this program. The following are considered preferential conditions:

• The state provides a subsidy for the down payment.
• Mortgages are issued under low interest, it is important to decide in which banks they give such a mortgage.
• Monthly payment of a certain amount within the framework of the state certificate (free mortgage).
• Use of maternity capital to repay the down payment or part of the loan.

It is important to understand that a reduced interest rate does not cancel the bank's requirements for the borrower's solvency. The monthly payment should not exceed 45% of the total budget of the borrower, many make a mistake and hope for a future increase in salaries, incomes and living standards.

Where is the best place to get a mortgage?

To find out where it is better to get a mortgage, you need to run around more than one bank. If there is time and the future borrower understands this, then he can act independently, but in most cases it is better to hire mortgage broker. The overpayment will be minimal, but a real specialist will be able to advise and offer profitable option mortgage offer for a specific client.

In order to determine in which bank it is better to take a loan for real estate, it is better to focus on the following simple conditions:

• The amount of the down payment.
• Interest rate.
• Loan terms.
• requirements for borrowers.

It would also be nice to use online calculator, which is now provided by any bank. It is also better to control the situation by special offers. For example, Gazprom Bank has an offer "New building". It implies favorable conditions for the purchase of real estate in housing under construction.

If there are conditions for preferential loan, then you need to refer to the list of banks that participate in government programs. There is an opportunity to receive encouragement for a mortgage under the state program with subsidies or a reduced percentage.

When concluding an agreement and approving a loan, you should carefully read all the papers that you have to sign so as not to take on unnecessary obligations. Experienced brokers advise you to take out life and health insurance to lower your mortgage interest. The bank, therefore, will have guarantees that in the event of force majeure, the money will be returned in full.

• Currency. You need to take a loan only in the currency in which you receive income. So you can protect yourself from jumps in the foreign exchange market.
• The less money a monthly payment takes out of a family's income, the better. It is not worth taking risks and hoping for a bright future, it is guaranteed that you have what you have now and the payment should not eat up more than 40% of the budget, and ideally - 30%.
• Take better more money than you need directly to buy a home, since you will still need repairs, furniture and other expenses, and consumer credit costs more.
• Carefully evaluate the cost of housing, so as not to overpay.
• Buying a house so that it can be sold. This is just in case, the property must be liquid, then the borrower will have less risk.

These are not many tips on how to get a mortgage correctly. But it is they who will help to get the most cherished loans on credit. square meters. Even 1 percent per annum for 10-15 years of mortgage can result in half a million rubles.

Buying real estate with a mortgage is a serious step that should be taken only after weighing and calculating everything. The first step is to decide on the bank, and then specifically choose the terms and amount of lending. Only in this case is there a guarantee that the mortgage loan will not result in many problems.