Mortgage lending has many advantages and disadvantages, calculate your mortgage online to determine if you can meet your financial obligations.
On the way to making a decision on obtaining a mortgage loan, the most important point is to evaluate all the advantages and disadvantages of a mortgage. Any loan implies the loss of the ability to freely dispose of their own income.
A certain percentage of earned money, and in the case of a mortgage it is a significant share of the family budget, must be given to the bank. But on the other hand, you improve your living conditions with one strong-willed decision: a new apartment or even a townhouse, away from your parents and annoying neighbors.
Employees of the company, whose profile is a loan secured by real estate , agreed to reveal the topic . Here’s what they ended up saying.
If you want to take out a mortgage, then banks will give you such a chance with great pleasure, as this is an important source of their income. Of course, the borrower must meet certain requirements:
a fairly high level of salary;
the presence of a stable workplace;
the person is a citizen of the Russian Federation;
his family members have no objection to taking out a long-term loan.
Thus, the ease of obtaining a mortgage is an important plus. Another key point is the legal purity of the acquired property.
To approve the application, it is necessary to take out insurance, that is, in case of unforeseen situations – disability, disability as a result of an accident at work, death – the family will receive compensation, which should be enough to pay the debt to the bank.