Own apartment is currently an almost unattainable goal for many young families, but the maternity capital paid by the state for the second or subsequent child born in the family can be a good help in resolving this issue.
Maternity capital for the purchase of an apartment is used only subject to certain conditions prescribed by law. The first and main thing is that the issued certificate takes effect only after the child reaches the age of three. The measure in this case is forced and understandable to many. The fact is that when adopting a child, parents are also entitled to this payment, and after all, some unscrupulous citizens can take advantage of the situation and improve their financial situation at the expense of an innocent child. Maternity capital for the purchase of an apartment can be used until the child is three years old, only in certain cases. Let's take a closer look at this issue.
You can use the received certificate almost immediately after the birth of the child in the case of:
- payment of the initial (main) installment for a mortgage or special lending;
- payment of interest and principal on a housing loan or mortgage already in effect at the time of the birth of the child.
Naturally, no one will ever give you these funds in cash. Maternity capital used to buy an apartment will be transferred to pay off debt at the request of parents by bank transfer. Moreover, if the amount of the principal debt does not exceed the amount of capital, then the remaining funds can be used only after the moment when the child is three years old.
Maternity capital (for an apartment, or rather, for the purchase of an apartment you wish to spend) can be obtained in one of the following ways:
- if you already have a certain amount of cash and a little is not enough, then by writing a statement and providing the PF RF authorities with the necessary documents, you can get the required amount in cash to buy an apartment for money;
- take a mortgage, and pay the down payment using the certificate received;
- maternity capital for the purchase of an apartment can also be used in case of participation in shared construction, in this case, making all or part of it as an entrance fee;
- equity participation is also not excluded, therefore, the certificate can be used in the described case.
The maternity capital used to buy a house also provides for certain conditions, the observance of which is prescribed by law. As an improvement of the social conditions of the family, the certificate can be used to pay for the purchase of a country house or a house in the village, but it is important that the house be recognized as residential, that is, it is assumed that there is not a summer building or a garden house, but one in which you can live permanently . Another condition: the right of ownership should be divided between all available family members, albeit not in equal shares, but for each.
Recall that in 2013 the amount of maternity capital amounted to 408 960 rubles, and by the beginning of 2014 it will reach about 430 thousand rubles. Next year, the legislation may be amended on the points of use of the certificate. So, it is planned to allow it to be used for the treatment of a child, for the education of parents, and it is also planned to expand the list of points for which a certificate for the purchase of housing is used.