Mortgage for the 2nd and 3rd child at 6% in 2019 - conditions for obtaining

Until 2019, there were many mortgage offers for large families in Russia from various banks, including Sberbank. On average, mortgage interest rates for a young family were 7.5-10.5%. At the moment, a new program has appeared, proposed by the state - a mortgage for the 2nd and 3rd child at 6% in 2019. Conditions for families in which a second and third child is born are now more loyal.

This program is aimed at stimulating the birth rate and helping families to solve housing problems.

Conditions of mortgage lending for the second and third child in 2019

By decree of the President of the Russian Federation Vladimir Putin, a resolution was signed to launch a program of assistance in mortgage lending to families where a second or third child is born from 2019.

Under the terms of this program, eligible families will be able to obtain a mortgage for their primary home, as well as refinance on terms at 6% per annum . That is, if the bank offers a mortgage at 10%, the state will pay 4%.

The program is valid from January 1, 2019 - until the end of 2022.

Details on the conditions of receipt

Under the terms of this state program, the following families will be able to receive mortgage support at 6% or refinancing at 6% of the existing one (received before 2019 and after):

• in which the 2nd and 3rd child is born after January 1, 2019 . Accordingly, families in which 2 or 3 children were born earlier than January 1, 2019 are not covered by the program
• those with a mortgage, at the birth of 2 and 3 children after January 1, 2019, will be able to refinance at 6% (the rest of the interest payments will be taken over by the state);
• parents of any age (not to be confused with the Young Family , where parents under the age of 35 can become participants);
• those who already have a mortgage and make payments on it in the prescribed manner.
• provided that life and health insurance .

Amount and duration of the subsidy

The maximum amount of preferential mortgage lending at 6% is up to 8 million for Moscow, St. Petersburg, the Moscow and Leningrad regions and 3 million for other cities of the Russian Federation. At the same time, the down payment on the mortgage must be at least 20% of the total cost of the purchased housing.

The subsidy period is 3 years for the second and 5 years for the third child . At the same time, if state support (6%) has already been received for the 2nd child for 3 years, and subsequently the 3rd is born, then subsidies can be extended for another 2 years (total period of 5 years).

Under the terms of subsidizing for the 2nd and 3rd child, concessional lending (and refinancing of existing) is limited to 3 and 5 years. Subsequent payments will be calculated according to the terms of the bank's general lending . Perhaps in the future, the program will be extended.

In 2019, Sberbank, in addition to the existing mortgage program for large families , can provide a loan for the construction and purchase of housing in the primary market (new building).

When purchasing housing on the secondary market, this program does not apply.

How to get a mortgage at Sberbank at 6%

The conditions for granting a mortgage are the same as for a regular program:

• documents are submitted (as for a regular mortgage);
• documents confirming the birth of the second (third) child;
• The bank cuts the interest rate to 6%.

Mortgage refinancing

If a mortgage was obtained earlier, at a standard percentage for young families, and a second (third) child is born, then you can submit birth certificates to Sberbank. The bank will refinance the existing mortgage at 6% per year.

Program "Young family"

A plus when obtaining a mortgage at Sberbank for borrowers with many children can be the Young Family program of the bank. It can be used by parents up to 35 years of age. At the same time, the state can repay up to 30% of the cost of housing. About this - in the article . According to this program, you can take long credit holidays (up to 3 years), which consist in paying only interest, that is, the principal debt can not be repaid. It is also possible to slightly extend the loan term.

All conditions of preferential lending for the 2nd and 3rd child

All the conditions and details on preferential loans for the second and third child - in.

Consultation on individual issues and clarification of conditions

If there are individual questions on the provision of subsidies, then you need to contact the local authorities (administration) in person or by calling the hotline.

Also, on the terms of lending, you can consult the hotline .

Mortgage Calculator

On the page of the domofond website there is an online calculator for calculating the mortgage according to the specified parameters.