Problems with housing in our country persist from the Soviet period. Today, everyone can buy an apartment or a house at their own expense. But prices on the modern real estate market are too high; most citizens cannot afford to save such funds in a short period of time. Here, perhaps the best option is to use a Sberbank housing loan.
There are several programs for this loan product. Consider them in the tables below.
Loan product | An initial fee | Credit term | Annual rate in rubles,% | Annual rate in currency,% | a brief description of |
Housing construction | From 15% | 30 years maximum | From 12,5 | From 10,5 | It is issued for the construction of a house or other housing (on the security of this housing) |
Purchase of finished housing | From 10% | 30 years maximum | From 12 | From 10 | For the purchase of housing, which will be the guarantee |
Purchase of housing under construction | From 10% | 30 years maximum | From 12 | From 10 | It is issued for investment in construction on the security of this housing |
Housing loan of Sberbank. Special programs:
Loan product | An initial fee | Loan term | Annual rate in rubles,% | Annual rate in currency,% | Brief characteristics of the loan |
country estate | From 15% | 30 years maximum | From 12 | From 10 | For the purchase of real estate in the country (except for a residential building) |
Mortgage + Maternity Capital | From 10% | 30 years maximum | From 12 | From 10 | Down payment can be made from the funds of maternity capital, which means that the size of the loan increases |
Mortgage Refinancing | 0% | 30 years maximum | From 12.25 | Not issued | It is issued for repayment of a mortgage received in another bank |
Military mortgage | From 10% | 20 years maximum | 10.5 | Not issued | For the purchase of housing, which will act as a guarantee |
Garage | From 10% | 30 years maximum | From 12,5 | From 10.5 | For the construction or purchase of a garage under various collateral |
Annual interest depends on the down payment, total loan amount and maturity. In the agreement, the bank provides a pledge of the purchased housing until the borrower has completely fulfilled the loan obligations.
To whom and where can a Sberbank of Russia mortgage loan be provided?
You must be a citizen of the Russian Federation. You can get a mortgage at a branch of Sberbank, which can be located at the place of permanent residence of the borrower, at the location of the employer, the organization of the loaned, or at the location of the housing under which the Sberbank housing loan is taken.
The loan application will be examined during the working week. Repayment occurs in equal monthly installments. It is possible to deposit a large amount to pay off the main debt. This can be done on payment days that are set by the payment schedule.
There are special lending conditions for young people - this is Sberbank's “Young Family” housing loan. For a family with one or more children, the down payment can be 10%, for a childless family - from 15%.
There is a delay in the payment of the main debt if a child is born. Deferral is granted for a period until your child reaches 3 years. Please note that this service is provided only for the main debt, interest should be paid as usual.
There is another additional option if you use a Sberbank housing loan. This is a tax deduction, its amount is 13% of the amount of interest paid. Moreover, the value of the property tax deduction has increased. Previously, it was 1 million rubles, and now it is 2 million rubles, which means that you have the opportunity to return more than 250 thousand rubles.