Society13.09.2023 - 13:03

Russian government raises down payment on subsidized mortgages to 20%

According to the decree, the size of the loan for the purchase of housing with state support is not more than 80% of the total cost.

Фото: from open sources

The first installment on the preferential mortgage increased to 20%, as it became known from the document published by the Cabinet of Ministers on the official portal of legal information.

According to the resolution, the size of the loan for the purchase of housing with state support is no more than 80% of the value of the property.

This applies to mortgages for ready or under construction housing, or housing on a separate plot, or a loan for the plot itself.

Earlier, Vladimir Putin spoke about a number of risks to the economy because of the preferential mortgage.

Expert Potapenko told what threatens for ordinary citizens further increase in the key rate of the Central Bank of the Russian Federation.

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