Mortgage calculator VTB 24 - calculate the mortgage amount online

How did the preferential lending program come about?

The year 2020 around the world began under the sign of the COVID-19 coronavirus. At first, states closed their external borders and limited communications with China. Then in most countries there was talk of introducing internal quarantine. Russia is no exception. In the regions, the activities of a significant part of enterprises are suspended. Some employees have been transferred to remote work.

In this situation, the government is forced to provide support to the industries most affected by the self-isolation regime. On April 16, 2020, during a meeting with members of the government, he proposed introducing a new preferential lending program. Both the citizens of the country and the construction industry will receive support. The president's proposal will be discussed further.

Mortgage conditions at VTB with state support in 2021

In general, the new program is similar to the one previously introduced for families with two or more children. But there are also differences. Let's take a closer look at the conditions under which Russian citizens can buy real estate:

• the seller is only a legal entity, but not investment funds and their management companies. An apartment can be purchased under a DDU or a purchase and sale agreement if the ownership is registered by the developer;
• limit - 8 million rubles for Moscow, St. Petersburg, Leningrad Region and Moscow Region. In other regions, citizens will be given no more than 3 million rubles. The apartment may cost more, but the borrower pays the excess portion himself;
• interest rate - 6.5% per annum. If a client refuses to insure life and health in favor of the bank, the mortgage rate at VTB with state support 2021 increases by 1 p.p.;
• the maximum number of co-borrowers is 3. The husband/wife becomes parties to the agreement in accordance with Russian legislation. The exception is the presence of a valid marriage contract providing for separate ownership of property;
• Within the program, a citizen can receive only one loan. Applications for refinancing previously assumed obligations, even if other conditions are met, are not accepted;
• The buyer pays at least 20% of the cost of the apartment from his own funds. If the client does not confirm the presence of permanent employment and a stable income, the amount of the down payment increases to 30%;
• The obligations will have to be repaid within 20 years. Early repayment is possible at any time, either full or partial.

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Initially, the program was valid from 04/19/2020 to 11/01/2020 (). Then the program was extended until 07/01/2021.

Basic conditions

Real estate with a mortgage from VTB requires specific requirements for the selected property to be pledged. Liquidity is of paramount importance - apartments and houses in critical and emergency condition (including communications) are not subject to approval. An expert assessment, including an inspection of all rooms, bathrooms, kitchens, and the building itself, depends on the market value and location of the living space.

In the main conditions put forward for real estate on the secondary market:

• location in a prosperous area with developed infrastructure;
• a short distance from major cities;
• the presence of a major overhaul with the replacement of communications made of modern materials;
• accessibility of private sector residential buildings (paved road, well-groomed plot, etc.).

Taking into account the above requirements for borrowers and detailed conditions for real estate, VTB suggests the following mortgage rates: from 9.7% for real estate up to 65 sq.m., 12.1% per annum for housing without a down payment, 10.2% for programs acquisition of large apartments.

What are the requirements for the borrower?

Applications under the program for issuing preferential mortgages at VTB with state support 2021 at 6.1 percent are accepted only from Russian citizens. Minimum work experience - 1 year. VTB does not officially announce other requirements. The following documents are submitted to the mortgage center:

• general passport;
• SNILS and INN. These data are indicated in the application;
• ;
• certificate of income for the last 12 months (, , , salary account statement, including a printout from a PC);
• a copy of the work record book or an extract from it, certified by the responsible person of the employer;
• men under 27 years of age must present a military ID.

Confirmation of income is not required if the applicant receives a salary on a card or account at VTB or selects the option Victory over formalities with an increase in the down payment. A similar package of documents is provided by guarantors and co-borrowers.

Important point! The above list is not exhaustive. The lender reserves the right to request additional documents confirming the identity and solvency of the applicant.

Mortgage conditions for secondary housing at VTB

Anyone whose permanent place of work is located in the Russian Federation can become a client of the mortgage program. There are no requirements for the borrower’s citizenship and place of registration - they can be anything.

To increase the desired loan amount, the borrower has the right to attract a guarantor. Close relatives of the borrower, as well as spouses (both civil and legal) can act as guarantors. The package of documents provided by the guarantor is identical to the package of documents provided by the borrower.

If the borrower, for whatever reason, does not repay the loan on time, the guarantor undertakes to repay his overdue debt. It is possible to register the purchased property as the common property of the borrower and the guarantor, or as the individual property of the borrower.

To obtain a mortgage outside of a special program, both the borrower and the guarantor are required to provide:

• Passport;
• Application form;
• A certificate in the form of a bank or a 2-NDFL certificate plus a tax return;
• An extract or certificate from the work book, or a copy of the work book with the certification of the employer;
• SNILS (only for citizens of the Russian Federation);
• Military ID (only for men under 27 years of age);
• For citizens of foreign countries - a document that would confirm the legality of their employment and stay on Russian territory.

How to calculate mortgage payments at VTB with state support at 6.1%

The bank's official website provides a loan calculator. It allows you to calculate the monthly payment based on:

• housing costs;
• the amount of monthly income.

The borrower can adjust income, financing term, and property value. The rate is fixed at 6.5%. It cannot be changed. If necessary, maternal capital is taken into account as a down payment.

VTB mortgage programs

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Like most banks, VTB offers special mortgage conditions for military personnel, pensioners, large families, etc. The bank also has several permanent promotions.

More meters - less rate

When purchasing real estate with an area of ​​65 square meters or more, the client will be provided with a reduction in the mortgage rate at VTB by 0.5%. The base interest on this loan will be 9.5%, the down payment will be from 20%, the loan size will be from 600 thousand to 60 million rubles.

Buying a home

When purchasing finished housing or an apartment in a new building with a VTB mortgage, the base rate on the loan will be 9.5%. By making a ten percent down payment, you can get a mortgage in the amount of 600 thousand to 60 million rubles.

Victory over formalities

A simplified mortgage loan with an interest rate of 10.7%, a down payment of 30% and a total amount of 600 thousand to 30 million rubles.

Mortgage refinancing

When transferring a mortgage loan from another bank to VTB, the amount of overpayment can be reduced. You can refinance up to 15 million rubles, the base rate will be 9.5%.

Mortgage for the military

The loan is intended for military members of the NIS (savings and mortgage system). It allows you to get a mortgage in the amount of 2.29 million rubles at a rate of 9.7%. Down payment – ​​from 15%.

Collateral property

This is a program for the purchase of housing that is pledged to the bank and put up for sale. Rate from 10%, down payment from 20%, loan size - from 600 thousand to 60 million rubles.

You can calculate the amount of the down payment, monthly payment and total overpayment on the loan using the VTB mortgage calculator on the bank’s official website. A calculator is provided for each type of mortgage loan.

How to apply for a mortgage from VTB with state support 2021

A Russian citizen who wants to purchase housing on preferential terms can fill out an application directly on the website. It is enough to indicate:

• city ​​- it is not necessary to buy an apartment in the same city where the borrower lives;
• loan amount;
• size of down payment and income;
• availability of maternal capital;
• FULL NAME;
• contact phone number and email address.

If approved, the borrower is sent instructions for further processing of the mortgage loan.

Mortgage interest rate at VTB Bank in 2021

As of March 2021, the minimum interest rate on mortgages at VTB Bank is 9.3%. The bank offers this rate if you purchase an apartment with a total area of ​​more than 65 square meters.

The maximum rate is 10.7%, it will be set if you buy an apartment of less than 65 square meters, are not a salary client of VTB and want to take out a mortgage using only two documents.

All possible options for obtaining a mortgage from VTB Bank in 2021 and interest rates for different options are presented in the table:

What real estate can be purchased at a preferential rate?

Formally, only one requirement applies to real estate. The bank will issue money for the purchase of housing exclusively in a new building:

• in the primary market for DDU;
• on the secondary (after registration of ownership) provided that the seller is a legal entity (developer), but not an investment fund or its management company.

VTB recommends that potential clients contact their partners: real estate agencies or developers. But the buyer retains the right to independently select an object for purchase.

What documents are needed from the developer to approve the application?

Documents for a mortgage at VTB with state support in 2021:

• draft DDU or purchase and sale agreement;
• a copy of the project documentation with all changes and attachments;
• building permit;
• certificate of land ownership or long-term lease agreement;
• an extract from the Unified State Register of Real Estate, if the house is put into operation, the developer has registered ownership of apartments that have not yet found their owners.

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The bank can check what stage the construction is at or request other documents for verification. If an apartment is purchased on the secondary market, an extract from the Unified State Register or a certificate of ownership is sent to the credit department.

Documents for obtaining a military mortgage at VTB

The bank participates in the military lending program. The list of documents for a military mortgage at VTB is extremely simple. To receive money, the applicant, along with the application form, submits to the nearest bank branch:

• general passport. Copies are made of all pages, including blank ones;
• TIN, SNILS;
• NIS participant certificate.

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The bank does not check the solvency of the military personnel. No guarantors or co-borrowers are needed. The requirements for real estate and documents for a mortgage seller at VTB are standard. But the application may be rejected if the potential client's credit history is far from ideal.

How and why real estate valuation is carried out

Real estate appraisal is a mandatory stage of applying for a mortgage loan. The cost of insurance depends on the amount specified by the appraiser. And banks in most cases issue no more than 75-80% of the appraised value as a loan.

If an apartment is purchased on the secondary market, the assessment is carried out before signing the loan agreement. If the house is still under construction, you will have to wait for the facility to be put into operation.

There are several ways to evaluate real estate for a mortgage at VTB with state support 2020:

1. View the list of affiliated companies on the bank’s website and select the one closest to your place of residence.
2. Submit an application online. The lender will independently select a company based on the region. The report in electronic format is sent directly to the VTB credit department.

The cost of the assessment depends on where the property is located (in the capitals it is more expensive, in the periphery the price is lower). Additionally, the project is taken into account: standard or individual. On average, in Moscow or St. Petersburg you will have to pay 5-20 thousand rubles to receive a report, in remote regions - 3-10 thousand.

Insurance

Housing on the secondary market is subject to increased risk from the legal side. Property rights transferred to the buyer may be disputed within three years from the date of the transaction. Fraudulent schemes involving real estate under arrest or encumbrance are also known. VTB Bank insures all types of risks, including the ability to work, health and life of the borrower. The listed insurances are not obligatory and compulsory; clients have the right to refuse policies.

Important! To get a profitable home loan from VTB, sign insurance contracts, and after receiving the money, submit an application for reimbursement of the insurance premium. This way you will achieve the minimum rate (if you cancel the policy, it increases by 1.5-2%) and return the insurance payment.

Mandatory insurance today is exclusively an agreement on property. Such a policy will protect an apartment or house from fire, flood, and other types of destruction due to reasons beyond the control of the owner. Any damage to property is compensated by the insurer after an expert’s conclusion on the cost of the damage caused.

Apartment insurance when purchasing a mortgage from VTB with state support in 2021

The law provides that the borrower is obliged to insure the purchase object for the benefit of the lender (). Main risks:

• destruction of an apartment as a result of arson, explosion, natural disaster, malicious actions of third parties;
• robbery;
• flood, other failures of utility networks.

Additionally, the borrower can include such items as the fall of any aircraft, tree, construction crane or other mechanism, damage caused to the building as a result of redevelopment, etc.

VTB suggests contacting one of its affiliated companies to purchase a policy. The list is provided on the official website. If the client chooses to work with another insurer, the lender reserves the right to review it within 60 days.

The cost of the policy, depending on the tariffs of the selected company and the range of risks, ranges from 0.7 to 1.5% of the debt amount. It remains only to remind you that the borrower cannot refuse to insure the collateral. If the policy is not renewed, the bank has the right to declare early termination of the loan agreement.

Title insurance is practically not used for new buildings. Additionally, VTB offers its clients life and health insurance. The cost of the policy per year is 0.2-1% of the amount owed. If you refuse insurance, the interest rate increases by 1 p.p.

Important point! The borrower will have to insure the life and health of not only his own, but also that of all co-borrowers whose income is taken into account when calculating the loan amount.

Important to know: Where is mortgage insurance cheaper?

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Apartment mortgage insurance - how to choose an insurance company

Conditions for purchasing secondary housing

VTB Bank's standard lending program involves:

• issuance of amounts from 600 to 60,000 thousand rubles;
• interest rate from 8.4%
• the overpayment is reduced to 7.4% per annum when using the Mortgage program. Ready housing" with a down payment of 50%, as well as after the birth of the second and subsequent children in 2021;
• loan term up to 30 years;
• The basic down payment is 10% of the total cost.

Important! The contract is concluded on preferential terms when applying for comprehensive insurance. If you refuse this service, the rate increases by 1%.

State support 2021 - mortgage for the purchase of housing at a preferential rate in VTB: stages of processing the transaction

In 2021, the registration procedure for purchasing real estate on the primary and secondary markets involves going through almost the same stages. The differences are in consistency and nuance.

If the house has not yet been put into operation, the buyer must:

1. Fill out an application on the bank’s website or at a mortgage center and get pre-approval.
2. Submit the draft DDU and the developer’s project documentation for review by the credit manager.
3. Sign the loan agreement and DDU. The down payment and loan funds are transferred to the developer.
4. After putting the house into operation, register ownership of the apartment and insure it in favor of the bank.
5. Sign the mortgage and submit it for registration with Rosreestr.

For more information about what to do after accepting an apartment with a mortgage in a new building, read the article at the link.

If an apartment with a mortgage from VTB with state support is purchased on the secondary market in 2021, the sequence of actions will be as follows:

1. The borrower submits an application and receives a response.
2. An object is selected. Documents confirming the seller's ownership of the apartment are submitted to the bank.
3. After approval, the client signs a sales and purchase agreement and a credit agreement. A mortgage is issued immediately. Both the buyer’s ownership and the pledge are registered in Rosreestr.
4. The borrower insures the property and pays the seller.

In the second case, the registration procedure is much faster. There is no need to wait for completion of work at the site, acceptance by the state commission, or signing of the acceptance certificate.

Mortgage documents at VTB for registration of a mortgage on real estate on the primary market

A mortgage loan is always secured by real estate purchased or already owned by the borrower or third parties. The latter is possible only with a notarized consent.

The fact of pledge is recorded in a special document - mortgage (). It is compiled in a single copy and submitted for registration to Rosreestr. After this, the borrower cannot perform any legally significant actions with the property without the permission of the lender.

The contents of the mortgage are strictly regulated at the legislative level (). However, the form may vary from bank to bank. At VTB, the following information is included in the mortgage:

1. The number of the loan agreement and its most significant points, including the method of debt repayment.
2. Information about the borrower and mortgagee.
3. The most complete description of the purchased object, indicating all significant parameters.
4. Estimated value in the currency of the loan agreement and information about the appraiser.
5. Data of the bank branch or mortgage center where the loan agreement was drawn up.
6. Information about the government agency that registered the mortgage.
7. The date of the mortgage. It is signed by the borrower and a bank representative vested with appropriate authority.

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After the mortgage loan is fully repaid, the bank is obliged to transfer the mortgage to the borrower within 14 days, indicating the exact date on it.

Documents for a mortgage note at VTB:

• general passport and marriage certificate (if available);
• appraiser's report;
• acceptance certificate signed by the buyer and the developer’s representative;
• a copy of the permit to put the facility into operation.

You can submit a mortgage for registration to Rosreestr either in person or through the MFC. All registration actions must be completed within 5 days. In case of purchasing a townhouse or other property with land, the answer will be ready in 14 days ().

Transaction costs

When applying for a mortgage from VTB with state support in 2021, the borrower will have to pay, in addition to the interest rate itself:

• real estate valuation (up to 20 thousand rubles, secondary - required, primary - sometimes, at the request of the bank);
• purchase of an insurance policy (1-2% of the amount owed to the bank). This expense, unlike the others, is annual;
• letter of credit or cell for settlements with the seller;
• registration of ownership of real estate (if secondary). For individuals, the state duty is set at 2 thousand rubles ();
• registration of a mortgage with the imposition of an encumbrance in favor of the bank in the amount of 1 thousand rubles (when pledging one’s own property). For each change in the future, the state duty will be 350 rubles.

If an apartment is purchased on the primary market (according to DDU), the citizen additionally pays for registration of the agreement with Rosreestr (350 rubles). It costs the same to make any changes. The developer often bears this expense.

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Author:

Mortgage specialist Maria Yurievna Sokhan

Date of publication May 3, 2020December 23, 2020