Sberbank has reduced the initial payment on the discount mortgage

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www.vsyako.netPhoto: Maksim Blinov / RIA Novosti

Sberbank has reduced the initial payment on a mortgage on housing in new buildings from 20 to 15 percent. This is stated in the message of the financial organization.

“Now the mortgage at a reduced rate of 6.4 per cent per annum you can purchase an apartment in the building with a minimum down payment”, — stated in the material. At the conclusion of the transaction in electronic form there is a discount of 0.3 percentage points until 30 June 2020, and the rate itself is reduced to 6.1 per cent per annum.

The size of the housing loan should not exceed eight million rubles in Moscow, the Moscow region, Saint-Petersburg, Leningrad region and three million rubles in other regions of Russia. The loan term shall not exceed 20 years.

Earlier the President of Russia Vladimir Putin said that the rent for housing should be reduced after the initial installment on the mortgage.

Video, photo All from Russia.

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