Is it possible to solve the housing problem with the help of a loan? the site and the developer found out what loans banks offer for the purchase of real estate and how much they have to pay.
Real estate loans are similar to car loans in terms of terms and conditions. Here, too, you will need your own participation in the purchase and provision. Own participation depends on the conditions of a particular bank and usually does not exceed 30%. As insurance, the bank may ask for collateral and surety.
Home loans now have the longest maximum term. The client can count on 15-20 years to repay the loan. However, the maximum period for consumer loans most often is 5 years, and for loans to buy a car - 7 years.
There are also differences in interest rates. Real estate loans will be cheaper than others - 12-14% in the bulk instead of 13-18% for consumer loans.
|
bank, credit |
Rate, maximum amount, maximum term |
Percentage of own participation, security |
|---|---|---|
|
Belarusbank
, |
first 2 years 11% , after 14% |
10%, up to 50,000 rubles: over 50,000 rubles: |
| ASB "Leasing", affiliate program for finished housing |
|
|
|
Bank BelVEB
, |
13% , up to 100,000 rubles, up to 20 years |
|
|
Belagroprombank
, |
first 2 years 11% , after 14% , up to 150,000 rubles, up to 20 years |
|
|
Belarusbank
, |
12% , the amount is limited by solvency, up to 20 years |
25%, up to 50,000 rubles: suretyship, pledge and other methods provided for by the legislation of the Republic of Belarus, except for a penalty and insurance of the risk of non-repayment of a loan over 50,000 rubles: suretyship and pledge (mortgage) of residential premises under construction |
|
Belgazprombank
, |
13,9% , the amount is limited by solvency, up to 20 years |
|
|
Belinvestbank
, |
14,69% |
minimum 10%, |
|
BPS-Sberbank
, |
first 2 years 14% , after 13,5% |
|
|
Paritetbank
, |
15,5% , up to 100,000 rubles, up to 15 years |
|
|
Priorbank
, |
10% - first year, then 14% |
|
|
Priorbank
, |
10% - first year, then 14% |
|
|
Priorbank
, |
10% - first year, then 14% , up to 108 000 EUR equivalent, up to 15 years |
20%, real estate pledge |
|
francabank,
|
16% |
|
|
bank, credit |
Rate, maximum amount, maximum term, |
|
|---|---|---|
|
Belarusbank
, |
first 2 years 11% , after 14% , the amount is limited by solvency, up to 20 years 10%, up to 50,000 rubles: suretyship, pledge and other methods provided for by the legislation of the Republic of Belarus, except for a penalty and insurance of the risk of non-repayment of a loan over 50,000 rubles: suretyship and pledge (mortgage) of residential premises under construction |
|
|
Bank BelVEB
, |
13% , up to 100,000 rubles, up to 20 years 20%, when lending up to 60% of the cost - 1-2 guarantors or a pledge, above 60% of the cost - 2 guarantors and a pledge of acquired property |
|
|
Belagroprombank
, |
first 2 years 11% , after 14% , up to 150,000 rubles, up to 20 years 10%, 2 guarantors and (or) pledge of acquired property |
|
|
Belarusbank
, |
12% , the amount is limited by solvency, up to 20 years 25%, up to 50,000 rubles: suretyship, pledge and other methods provided for by the legislation of the Republic of Belarus, except for a penalty and insurance of the risk of non-repayment of a loan over 50,000 rubles: suretyship and pledge (mortgage) of residential premises under construction |
|
|
Belgazprombank
, |
13,9% , the amount is limited by solvency, up to 20 years minimum 20%, pledge of acquired property and guarantee (if necessary) |
|
|
Belinvestbank
, |
14,69% (there is an opportunity to lower it with additional security), the amount is limited by solvency, up to 20 years minimum 10%, surety (it is possible to add other ways and thereby lower the rate) |
|
|
BPS-Sberbank
, |
first 2 years 12% , after 14% (with insurance - reduced by 0.5%), up to 150,000 USD equivalent, up to 20 years 10-30% (depending on the security), suretyship or pledge of property or property rights/ security deposit |
|
|
Paritetbank
, |
15,5% , up to 100,000 rubles, up to 15 years at least 30%, up to 15,000 rubles. - forfeit; up to 50,000 rubles - guarantee of individuals; up to 100,000 rubles - pledge |
|
|
Priorbank
, |
10% - first year, then 14% , up to 108 000 EUR equivalent, up to 15 years 20%, pledge of real estate, guarantee of close relatives |
|
|
Priorbank
, |
10% - first year, then 14% , up to 21 000 EUR equivalent, up to 15 years 20%, guarantee of spouse, relatives or reliable friends |
|
|
Priorbank
, |
10% - first year, then 14% , up to 108 000 EUR equivalent, up to 15 years 20%, real estate pledge |
|
|
francabank,
|
16% , up to 100,000 rubles, up to 15 years from 10,000 to 25,000 rubles - forfeit, surety and (or) pledge of the acquired residential premises from 25,000 rubles and in the amount of more than 50% of the cost of the acquired residential premises - 2 guarantors and a pledge of the purchased residential premises from 25,000 rubles and if the loan amount is less than 50% of the cost of the dwelling - a pledge of the purchased dwelling |
|
Suppose you do not have enough to buy an apartment 20 thousand dollars (conditionally - 40 thousand Belarusian rubles). We calculated payments and overpayments using the example of a loan from BelVEB Bank (the lowest principal interest rate).
Maximum monthly payment for such a loan for a period of 20 years will be approximately 600 rubles, and the total overpayment is about 52,216 rubles (if everything is repaid on time and on schedule).
Project partner:
A-100 Development group of companies has been successfully operating in the real estate market of Belarus for 12 years. Now the company offers the purchase of finished apartments in residential areas Novaya Borovaya and Zeleny Bor — 5.5% per annum, which is the lowest rate on the Belarusian market.
The topic of housing lending is relevant for everyone, including residents of Belarus. So citizens of the Republic of Belarus can use the services of Belinvestbank, which operates on the market financial services over 25 years. But, before turning to lending services, you should carefully study what conditions the bank offers to its customers, as well as all interest rates. What loan from Belinvestbank for the purchase of housing can be issued at the moment.
Within the framework of one credit program, a potential borrower can apply for a loan for the following needs:
As for the basic lending conditions, they are the same for all programs: the interest rate is 1.13 overnight rates, in turn, the overnight rate ranges from 12 to 14% and is set daily. Funds for the purchase of a finished property are transferred to the seller's personal account, but cash allocated for the construction of real estate, are provided in the form of a non-revolving line of credit. By the way, do not forget that a loan requires mandatory collateral in the form of a pledge of a purchased or built property.
Please note that the rate for all loan programs is fixed, it depends on the overnight rate, this is the value that changes on the initiative National Bank Republic of Belarus daily. In general, the annual percentage is valid for the duration of the loan agreement, if there are no obligations that require revision of the annual value in accordance with the current legislation of the Republic of Belarus.
In addition to collateral in the form of a loaned object, a guarantee of individuals is required. The maximum loan amount is calculated depending on the income of the applicant and his guarantor. In addition, the bank makes a discount on the interest rate under certain circumstances. For example, if the applicant needs improvement living conditions a discount of minus 2% applies to him, or he provides a deposit as security for a loan in the amount of 21% to 70% of the loan amount, the average discount is 0.6% or 2%. The bank also makes a discount of 0.6% if the client has positive story in the bank at least 2 times.
Since we are talking about large loan amounts, the bank checks the solvency of the client as much as possible, that is, he needs to provide a certificate of wages over the past 6 months. Also, the borrower will need a passport, application form and permission to check credit history borrower. A similar list of documents is required from his guarantors.
Please note that the bank may require additional documents depending on individual conditions lending for each borrower separately.
This credit program designed for the purchase of housing in a house under construction or in the secondary housing market. A developer or a legal or natural person can act as a seller. The maximum loan term is 25 years, the interest rate on the loan is floating, for the first 25 months the client pays an overnight rate multiplied by 1.5 points, but not less than 11.5% per year, starting from the 26th month, the interest rate is also 1.5 points multiplied by the overnight rate, but not less than 13.5%, the maximum loan term is 25 years.
In case of a positive response to the application, the funds are transferred to the seller's account in full, if the borrower buys housing on the secondary housing market, then in the form of a non-revolving line of credit to the developer's account, if the loan is provided for the purchase of housing at the stage of its construction.
As for other lending conditions, the maximum age of the borrower is 50 years at the time of application. The minimum amount of the borrower's own investment is 20% of the value of the property. As security, the bank offers a guarantee of individuals, plus a pledge of the acquired property. The maximum loan amount will be calculated depending on the income of the borrower. As part of this program, the borrower will be required to complete a package of documents.
Belinvestbank cooperates with several developer companies in the territory of the Republic of Belarus, these include:
Here, the terms of cooperation are strictly individual, the interest rate ranges from 9.9% per year and above, the loan terms are from 20 to 25 years. The size of the down payment is 10% or more. Can act as a guarantor individuals, plus the acquired housing acts as security.
A Belinvestbank loan for housing construction is provided using a subsidy under Decree No. 240 dated 07/04/2017. According to the terms of the loan, the loan amount depends on the value of the acquired property, the interest rate is fixed, it is the refinancing rate + 4 points. Credit is provided only for participation in shared construction, that is, the funds under the loan are transferred to the developer's account in the form of a non-revolving line of credit.
Now it’s worth understanding what the essence of the housing loan subsidy program is. In fact, under the decree of the President of the Republic of Belarus, a loan is provided subject to certain conditions:
Please note that as part of this proposal, the borrower will need a full set of documents, plus an extract from the decision of the Executive Committee to provide a subsidy.
To summarize, a housing loan can undoubtedly be taken from Belinvestbank, but you should pay attention to interest rates. Speaking of profitability mortgage loans in the Republic of Belarus, then, given the annual interest, such loans can hardly be considered profitable and appropriate for the borrower. But the problem is that there is too much high rate refinancing of the National Bank of Belarus, in connection with this annual interest loans are quite high.
To purchase your own living space, it is easier for a citizen with an average salary to use the services of credit organizations.
In Belinvestbank, a loan for the purchase of housing is available under several programs, including a preferential one for persons in the queue for improving housing conditions.
To buy an apartment or house, Belinvestbank customers can take advantage of several targeted offers:
This program allows clients to apply for a cash loan for the purchase or construction of residential and other real estate on the following terms:
The application is considered by the bank within 10 business days. According to the terms of the loan agreement, it is allowed early repayment debt without paying a penalty.
2. Apartments from a partner
This offer is for clients who are ready to purchase real estate directly through a developer cooperating with Belinvestbank. At the same time, lending conditions depend on the choice of partner, as well as on the desired amount and term of the loan. All provisions of the contract are developed individually for each borrower.
You can get acquainted with the list of companies on the official website of the bank in the section with the selected lending program. It also indicates the conditions under which the bank issues a loan in cooperation with a particular organization. To date, the choice of developers is limited to Minsk, Minsk and Mogilev regions.
This program is designed specifically for participants state program to improve living conditions. A loan for clients from the queue is issued on the following conditions:
The application is considered within 3 working days.
As a guarantee for the bank, customers are invited to attract guarantors before putting the facility into operation. Only after all the documents are drawn up for the house, it is transferred as a pledge to the creditor until the obligations under the contract are fulfilled.
Belinvestbank puts forward standard requirements for its customers. The organization is ready to cooperate with able-bodied citizens of the Republic of Belarus who, at the time of application, have a general seniority from 1 year and experience at the current place of work for at least 6 months.
Belinvestbank issues loans for the purchase of housing in 2018 upon submission of the following documents:
The list is supplemented by documents at the request of the bank, for example, the following may be requested:
Final list necessary documentation the client will be called in structural unit the bank in which the loan agreement will be concluded.
For detailed advice on Belinvestbank products, you can fill out an online loan application on the official website of the institution. During the working day, the manager will call you back and answer all your questions or invite you to the nearest branch to fill out a detailed application for a loan.
In addition, the borrower can apply for a mortgage in another financial institution. Consider the main options and proposals.
Ways to get:
Mortgage from Tinkoff Bank
up to 25 years term
from 6% to 14.5% per year interest rate
up to 100,000,000 rubles loan amount
from 10% to 40% an initial fee
15 minutes application processing time Go
Ways to get:
Selection mortgage loan via Beregu.Ru
up to 25 years term
from add per year interest rate
up to 20,000,000 rubles loan amount
from 0% to 80% an initial fee
15 minutes application processing time Go
In addition, the borrower can apply for a loan at a microfinance organization, where you can receive funds by providing only documents confirming the identity of the client. Getting a loan in such an organization is quite easy, sometimes it is not even required to provide collateral.
Ways to get:
3-336 days term
up to 98,000 rubles 1st loan
up to 98,000 rubles repeated loan
from 0.16% to 2.1% per day rate for new customers
4 minutes application processing time Go
Ways to get:
1-30 days term
up to 10,000 rubles 1st loan
up to 15,000 rubles re-loan
2.24% per day rate for new customers
15 minutes application processing time Go
Ways to get:
7-21 days term
up to 30,000 rubles 1st loan
up to 30,000 rubles re-loan
from 0% to 2.1% per day rate for new customers
10 minutes application processing time Go
