Named danger mortgage holidays in Russia, which provide in connection with the epidemic of the coronavirus. If a citizen will take advantage of this offer, the final loan repayment period will increase for a few years, and the amount of interest payments will rise to 1.5 million rubles. This is stated in the material collection Agency “Debt consultant” placed at the disposal “of the Tape.ru”.
semi-annual vacation credit on the mortgage will increase an initial loan term of 2.5 years and increasing payments on average by 23 percent, or 580 thousand rubles. The fact that these holidays are not free: the interest on the loan still continue to accrue.
According to the estimates of the company, with an average loan term of 15 years and 6 months, taken in February, 2017 at a rate of 11.8% per annum in rubles, exit to vacation credit in April 2020 will increase the period of 6 years 9 months to 22 years 3 months. The amount of the overpayment will increase by 69 percent to more than 1.45 million rubles.
“With the lack of money to pay for the mortgage borrowers, of course, are faced in the third month the life of the loan, on average, the first late payments appear in two or three years,” the company says.
Earlier the President of Russia Vladimir Putin has announced a new subsidized mortgage program at a rate of 6.5% per annum. Borrowers will be able to purchase on the banks allocated funds housing comfort class. To apply for subsidized mortgages could be up to 1 November 2020.
