Interest rates for new buildings
Obtaining a loan is possible for apartments in buildings that have already been commissioned or will be built in the next few years. Using the DomClick service, you can get a loan at 4.6%.
You can view the list of developers who participate in the subsidy program here.
Future buyers who do not have salary cards with Sberbank will be forced to pay a slightly different loan rate, which exceeds the standard by 0.5%. If you refuse to take out a home insurance policy, this figure will increase by another 1%.
Mortgage for the purchase of secondary housing in Sberbank
Sberbank offers the most favorable conditions for obtaining a mortgage loan for the purchase of finished real estate. The money allocated by the bank can only be used to purchase housing. This could be an apartment in a high-rise building, a private house or any residential premises.
Below is a mortgage calculator from Sberbank; it will help you calculate a mortgage for a secondary home and get approximate information on interest rates, monthly payments, and the amount of overpayment.
The development of financial instruments has led to the fact that now it is not necessary to have your own funds to pay for the desired product. Almost every bank has in its arsenal several profitable loan products, one of which is a mortgage.
Mortgage for the construction of a residential building
Sberbank has a lending program for families who are planning to build a residential building on their own or with the help of a contractor. Receipt is only possible if clients plan to start construction on a site that is intended for development.
There are other conditions:
- minimum loan amount – 300 thousand rubles;
- interest rate – 9.3% per annum in national currency;
- the amount of the down payment is at least 25% of the total cost of the project;
- loan term – from one year to 30 years.
- mandatory registration of a home insurance policy;
- The collateral is future construction or a plot intended for development.
"Sberbank" mortgage conditions for secondary housing for 2020
BASIC CONDITIONS FOR MORTGAGES IN 2020
- Mortgage interest rates: from 7.3%* to 10.1%;
- Down payment: from 10% of the cost of housing;
- Mortgage amount: from 300'000 to 30'000'000 rubles;
- Mortgage loan term: from 1 year to 30 years. “Calculate your mortgage”
* The minimum interest rate on mortgages under the program for purchasing finished housing on the secondary market in 2020 is 7.3%. This interest rate is provided as part of the Promotion for young families, subject to online approval of the apartment selected on the official DomClick website from Sberbank. In Sberbank in 2020, you can get a mortgage at 5 percent, and also receive an additional 450 thousand for large families.
Sberbank does not provide a mortgage without a down payment; the minimum down payment is 10 percent of the property value. Under the “Mortgage plus maternity capital” program, you can use maternity capital as a down payment.
Mortgage for country real estate
This program allows the client to purchase a plot of land, buy or build a summer house or other object that will not be used for permanent residence.
To obtain a mortgage, you need to pay at least 25% of the total cost and enter into an agreement on insurance of the property (an agreement on insurance of land for development is not necessary). The minimum amount of the mortgage received is 300 thousand rubles, but not more than 75% of the total cost of the item being purchased. The interest rate is 8.5% per annum in rubles.
Methods of applying for a mortgage at Sberbank
Like most other domestic banks, Sberbank provides two main ways to apply for a mortgage. The first of them involves the client’s personal presence at the office of the credit institution, and the second allows you to fill out an online application on the financial institution’s website. Each of the options available today has both obvious advantages and certain disadvantages.
Application for a mortgage in Sberbank Online
The procedure for filling out an online application for a mortgage at Sberbank is launched directly from the bank’s official website. First, you need to go to the page that contains descriptions of the types of mortgage loans offered to clients. It is located on sberbank.ru. Then you need to select the appropriate mortgage option and click on the “Submit Application” button located next to its description.
If you wish, you can get more detailed information by first selecting another “Find out more” button, and after that going to the online application service. In any case, after clicking “Submit an application” the user is redirected to the website of the DomClick service specially developed by Sberbank specialists, located at ipoteka.domclick.ru. It is this program that allows you to fully prepare the operation for obtaining a mortgage in the largest bank in the country without the need to come to the office of a credit institution. The client will only need one visit to the bank branch necessary to sign the mortgage agreement.
Another option for submitting an online application involves using the functionality of your personal account in the Sberbank Online system. This service is also quite simple and effective. Moreover, it uses information from the profile and settings of a specific user, which further speeds up the process of completing and submitting an application over the Internet.
Pros and cons of the method
The advantages of filling out and submitting an application online are obvious and are as follows:
- No need to wait and stand in line, which are almost always present in Sberbank branches;
- Simple, convenient and prompt procedure for filling out and submitting an online application;
- Quick consideration of an application received by the bank and, as a result, a prompt response to the client sent to his email address.
The main disadvantage of applying for a mortgage via the Internet is the inability to receive personal advice from a bank employee
. No matter how thoughtful and detailed the service of the Sberbank or DomKlik website is, it simply cannot replace the advice of an experienced and qualified specialist. In addition, an employee of a credit institution can tell you how to correctly draw up a particular document and what to pay attention to when preparing the package of documentation necessary for the bank to approve the transaction. Obviously, no program is able to provide such consultation.
Application at the bank office
Filling out an application for a mortgage at one of Sberbank's offices is the traditional way to receive this type of banking service. Despite the active development and promotion of remote servicing services, this option for obtaining a loan still remains among the most popular. This is not surprising, since it also has very significant advantages.
Pros and cons of the method
One of the main advantages of applying for a mortgage at a bank office is the opportunity to receive personal advice from an employee of the credit department of a financial institution. A competent specialist will explain in detail the advantages of various types of mortgages offered to bank clients, as well as the nuances of the requirements for borrowers. In addition, an employee of the credit institution will help you fill out the application correctly.
The disadvantages of this method include the need for serious time investment.
This is quite logical, since a potential client not only needs to get to the office, but also spend a lot of time on paperwork.
Mortgage for military personnel
The program provides loans for:
- purchasing a secondary real estate market property;
- purchasing an apartment in a building under construction or a house that has recently been put into operation.
Loan conditions differ from previous programs. The borrower does not need to demonstrate solvency and issue a life insurance contract. The maximum loan amount is 2.502 million rubles, the minimum down payment amount is 20% of the total cost, the rate is 8.8%, the loan term is up to 20 years.
Registration is possible only if the borrower is a participant in the savings program.
What mortgage programs are there at Sberbank?
Before submitting your application through the online service, familiarize yourself with the current mortgage programs. Choose the conditions that suit you best.
- Promotional offer for families. The program is designed for families in which a second or third child was born since January 2020. Such borrowers can take out a loan for 30 years at 5% per annum. This loan provides for an initial payment of 20% of the cost of the selected home. You will also need to insure the object of purchase and your life.
- Promotional offer for the purchase of apartments in new buildings. Under this program, the annual rate is reduced to 7.3%. Moreover, the money received can be spent on purchasing an already rented apartment in a new building or invested in construction as a shareholder. The bank has a list of developers who are willing to work at a reduced rate. Additionally, the client saves if he completes the transaction via the Internet.
- Ready-made apartments in new residential complexes and already inhabited buildings are offered at a rate of 8.8% per annum. The loan is issued in the amount of 300 thousand rubles and requires a 10% down payment. You can borrow for a period of up to 30 years. Moreover, the object of purchase can be an apartment in a residential complex, a country cottage or square meters on the secondary market.
- You can pay off your maternity capital using a loan with an annual rate of 8.8%. Capital money can be used to make a down payment or pay off some of the loan. Under this program, loans are issued in the amount of 300 thousand rubles for 30 years.
- Build your own house. You will be offered from 300 thousand rubles. at 10 and 10.9% per annum. The repayment period will be 30 years. Also expect a down payment of 25% and 20%.
- Dachas, houses and plots outside the city can also be purchased under the mortgage program from Sberbank. In this case, you will have to overpay 9.5% per year. With the same money you can build a cottage, a country house, a bathhouse.
- Lending to military personnel. The program is designed for employees with 3 years of experience at NIS. Provides for the issuance of up to 2.502 million rubles for payment over 20 years. The rate on this offer is 9.2%.
- Refinancing. Refinance on favorable terms at 9.5% per annum. The program works for those who have a mortgage loan from other banks. Such clients will be able to receive an amount of 300 thousand rubles and pay it for 30 years. There are no additional refinancing fees.
Interest rate
The level of lending rates for the above types of mortgages with government participation is as follows.
The rates in the table are designated by Sberbank as basic and discounts or premiums may be applied to them.
Supplements include:
- + 1 p.p. – if the client refuses full loan insurance;
- + 0.2 p.p. — if PV is less than 20%;
- + 0.5 p.p. – for borrowers “from the street” who are not salary clients of Sberbank.
Discounts:
- — 0.3 p.p. – if housing is purchased through DomClick;
