Money at 6 percent per annum. Deposit for a period of less than or more than a year without replenishment. The simplest case is a deposit for a year without replenishment

22.06.2017 0

Today, banks offer many services to the population, the most popular of which are lending and deposits. The policy regarding loans and deposits is largely controlled by the Central Bank of the Russian Federation, as well as Russian legislative acts. However, banks retain the right to provide loans and place deposits under certain conditions, if this does not contradict the law.
According to statistics, every 10th Russian is a client of one bank or another. This is why the question of how annual interest on a loan or bank deposit is calculated is so important. In most cases, interest refers to the size of the bet. The total amount of the overpayment on the loan, as well as the size of the monthly payment, depends on the rate.

Annual percentage of deposits: calculation using the formula

First of all, let's consider bank deposits. The conditions are specified in the agreement at the time of opening a deposit account. Interest is charged on the deposited amount. This is a monetary reward that the bank pays to the depositor for using his money.

The Civil Code of the Russian Federation provides for the opportunity for citizens to withdraw their deposit at any time along with accrued interest.

All nuances, conditions and requirements for the deposit are reflected in the agreement between the bank and the depositor. Annual interest is calculated in two ways:

Annual loan interest: calculation using formula

Today, the demand for loans is huge, but the popularity of a particular loan product depends on the annual interest rate. In turn, the amount of the monthly payment depends on the interest rate.

When considering the issue of calculating interest on a loan, it is necessary to familiarize yourself with the basic definitions and features of lending in Russian banking institutions.

The annual interest rate is sum of money, which the borrower agrees to pay at the end of the year. However, interest is usually calculated on a monthly or daily basis in the case of short-term loans.

No matter how attractive the loan interest rate may seem, it is worth understanding that loans are never issued free of charge. It doesn’t matter what type of loan is taken: mortgage, consumer or car loan, the bank will still be paid an amount greater than what was taken. To calculate the amount monthly payments, you must divide the annual rate by 12. In some cases, the lender sets a daily interest rate.

Example: a loan was taken out at 20% per annum. How much percentage of the loan amount is required to be paid daily? We count: 20% : 365 = 0,054% .

Before signing loan agreement It is recommended that you carefully analyze your financial position, and also make a forecast for the future. Today average rate V Russian banks is approximately 14%, so the overpayment on the loan and monthly payments can be quite large. If the borrower is unable to repay the debt, this will result in penalties, lawsuits and loss of property.

It's also worth knowing that interest rates may vary depending on your condition.:

• constant - the rate does not change and is set for the entire loan repayment period;
• floating depends on many parameters, for example, exchange rates, inflation, refinancing rates, etc.;
• multi-level - The main criterion for the rate is the amount of remaining debt.

Having familiarized yourself with the basic concepts, you can proceed to calculating the interest rate on the loan. To do this you need:

1. Find out the balance at the time of settlement and the amount of debt. For example, the balance is 3000 rubles.
2. Find out the cost of all loan elements by taking an extract from credit account: 30 rub.
   Using the formula, divide 30 by 3000 to get 0.01.
3. We multiply the resulting value by 100. The result is a rate that regulates monthly payments: 0.01 x 100 = 1%.

To calculate the annual rate, you need to multiply 1% by 12 months: 1 x 12 = 12% per annum.

Mortgage loans are much more complicated to calculate because... include many variables. For a correct calculation, the loan amount and interest rate will not be enough. It is better to use a calculator that will help you calculate the approximate rate and amount of monthly mortgage payments.

Calculation of annual interest on a loan. Online calculator (balance by month and overpayment amount)

To determine in detail the annual interest on the loan, distribute the balance of the loan by month and year, as well as display information in the form of a graph or table, you can use the online calculator for calculating

Clients financial institutions We regularly come across the concept of interest rate. Annual rate used when calculating loans and opening deposits. In the first case, the borrower pays money to the bank, and in the second - financial institution rewards the client for the deposit placed. The article discusses calculations that relate to deposits with and without interest capitalization.

You can perform calculations using a calculator or using MS Excel.

The need for calculations arises in cases where the client wants to know the amount of profit. Based on the result, we can draw a conclusion about the relevance of contacting the bank. Also a client who knows how to calculate 15 per annum from the amount, will be able to verify the honesty of the bank.

Without a doubt, the entire accrual process occurs automatically. But no one is immune from incorrect operation of the system, and more often than not, failures occur to the detriment of the client.

If we are talking about a deposit without capitalization, then the calculations are performed using the elementary formula:

С = (Св x % x Дн)/Дг, where

• C – amount of interest;
• St – total deposit amount;
• % - rate (for example, 10% per annum - 0.10);
• Day – the number of days in a year when interest will be accrued;
• Dg – total number of days.

To determine the value of Dn, you need to look into the contract. It must indicate the number of days for which financial institution will charge %.

To understand the issue, it is better to look at examples. So, the client issues 500,000 rubles from the bank for six months at 10% per annum. This raises the question: 10 percent per annum, how much per month will the investor receive income?

If we talk about the nuances, then it all depends on the number of days, which can be 30 and 31.

So, in the first case, the investor will receive 4,109.58 rubles, and in the second - 4,246.57. The basis for calculations are the formulas:

1. (500,000 x 0.1 x 30)/365;
2. (500,000 x 0.1 x 31)/365.

In this case, we consider a year with 365 days. You also need to take into account that February has fewer days.

Second example. Calculation of the total interest amount. For the entire period, the bank client will receive 49,863.01: calculation of interest per annum formula– (500,000 x 0.1 x 364)/365. The formula indicates 364 days, since the day of closing the deposit does not provide for the accrual of interest. It is important to read the agreement carefully, since the day the account was opened may also not be taken into account.

You also need to focus on a more complex calculation. For example, a bank client had 500,000 rubles in his account on March 1. On March 14, he replenished the deposit with 50,000 rubles, and on March 20, he withdrew 450,000.

The deposit rate is 8%. The first step is to calculate the number of days during which the money was in the deposit account. According to the conditions, the following results can be presented:

• 500,000 – 13 days;
• 550,000 – 6 days;
• 70,000 – 11 days.

Calculations are performed as follows: (500,000 x 0.08 x 13) + (550,000 x 0.08 x 6) + (70,000 x 0.08 x 11)/365 = 2,316.71 rubles.

There is also a formula for this that anyone can figure out, even without economic education. The formula has the following form Sp = St x (1+%) k – St, where:

• Sp – deposit amount;
• % - interest during the capitalization period;
• k – number of capitalization periods.

Exponentiation can be done on a calculator, computer, or mobile device. To understand the calculations, you need to refer to examples. So the client places in investment fund 500,000 rubles under 30 per annum is how much per month?

To calculate monthly income, you need to get the rate during capitalization for the month: % = 0.3 x 1/12 = 0.0250. Now the calculation is performed using the formula: 500,000 x (1+0.0250) 12 – 500,000 = (500,000 x 1.344) – 500,000 = 172,000 rubles. To simplify calculations involving exponentiation, you can use online services.

For bank clients who often have to take out loans or arrange deposits, it's much easier to use Excel. Computer program very quick to set up.

The user will only have to specify certain values, so how to calculate annual interest the program will be in automatic mode.

Using software, you can significantly save time and get the most accurate results, eliminating the human factor.

Many readers may ask a pressing question: why perform such calculations yourself, since there are calculators on the website of almost any bank. Indeed, annual interest on the amount can be calculated using an online calculator from a banking institution or a third-party service. Using such calculators, you can calculate almost everything, from the interest on annuity payments to the effective annual rate.

The problem is that no one except the site owners can know what formulas are included in the online calculator.

It is not known in whose favor the calculator testifies. But this does not mean that all calculators lie. The user only needs to check the calculator several times and use it on an ongoing basis. It will not be difficult to perform the check, so how to calculate Everyone can earn interest on their deposit after reading this article.

After reading the material and considering examples of calculations, anyone will be able to check how honestly the bank calculates interest on the deposit.

At the meeting of the Committee, the Chamber of Entrepreneurs of the South Kazakhstan region spoke about further measures to create regional clusters in the food and light industry within the framework of the “SPFIID for 2015-2019”. Entrepreneurs of the region, noting the relevance of the issue, expressed their readiness to take an active part in the development of the Concept for the creation of regional clusters in South Kazakhstan.

The fact that today the country has very convenient and effective programs for obtaining preferential loans for projects in the manufacturing sector of the economy was told by employees of the Regional Branch of Damu Federal Investment Fund JSC. At a meeting of the Committee of Food, Light and Manufacturing Industry of the Regional Council of the South Kazakhstan Region, they presented the “DAMU ONDIRIS II” program. It provides for loans of up to 1.85 billion tenge for a period of up to 10 years, at 6% per annum, with a deferment on repayment of the principal debt.

Loan fee rate – 6 percent per annum

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Krasrentbank - A loan at 6 percent per annum turned out to be real

Hello, I want to write about myself the best bank-Krasrentbank! I applied for a loan and was approved line of credit 20 million at six percent per annum. At first I didn’t believe it, but now I’m convinced that the 6% rate is absolutely real and I’m very glad that I found such a wonderful German bank and such conditions that cannot be found anywhere else! I hasten to tell everyone about the best German Internet bank and recommend it to everyone.

Krasrentbank is best lending that I could only know! In Krasrentbank, using only one passport, they issued me a credit line with a limit of 20 million rubles for ten years at six percent per year. There are no such conditions anywhere except Krasrentbank. I personally applied on their website www.krasrentbank.su and by the way, they respond in Russian and make a decision on the loan quite quickly. This is what a German bank means, and not all this Ural bullshit - Sberbank and VTB!

Commander's Headquarters

At the forum, Vladimir Putin, who participated in a discussion about economic prospects, suddenly began teaching bankers their craft. The prime minister, in particular, warned German Gref, the head of Russia's largest state bank, and other bankers that clients could go to Western banks for lower rates.

Indeed, the prime minister spoke at the forum without thinking. If we were talking, for example, not about the near future, but about the very distant future, then for God’s sake why 6 percent is not the rate. But it is in the near future that a rate of 6 percent per annum looks like pure fantasy for Russia. However, who knows what the words “the next few years” mean for Putin.

Calculation of annual interest

The third month is calculated using the same scheme. As you can see, every month the deposit brings more profit than in the previous month. This process is the capitalization of interest.
From the above calculations it is clear that with the same rates and the amount of deposits in the short term, a deposit with capitalization turned out to be more profitable in comparison with a regular deposit. This should be taken into account when choosing a deposit option.

1. Simple. Interest is not added to the total deposit amount, but is transferred to a separate account. Remuneration can be accrued monthly, once every quarter or six months, as well as once a year or only at the end of the deposit term. The calculation of annual interest in this case is very simple and can be done independently using the formula: S = (P x I x t / 365) / 100%. In this formula: R– deposit amount in monetary units, for example in rubles, I– annual interest rate on the deposit, t– the period for which the contribution was made, 365 – number of days in a year.

Entrepreneurs in the manufacturing industry will be able to get a loan at 6 percent per annum

The national management holding Baiterek and its subsidiary Damu Fund signed loan agreements with second-tier banks to allocate 50 billion tenge to finance small and medium-sized businesses in the manufacturing industry.
Taking into account the fact that an additional 100 billion tenge was allocated from the National Fund of the Republic of Kazakhstan to the Baiterek holding to finance entrepreneurship, this amount was distributed between two subsidiaries holding - Damu Fund and the Development Bank of Kazakhstan. As for the Development Bank of Kazakhstan, it will place its part of the funds – also 50 billion tenge – in banks to finance large businesses, since large businesses are its target group.
– The Damu Fund in the Baiterek holding is traditionally responsible for the development of small and medium-sized businesses. Therefore, we received 50 billion tenge in the form of a loan at an interest rate of 0.15 percent per annum for a period of up to 20 years for the development of SMEs in the manufacturing industry, - Chairman of the Board of the Damu Foundation Lyazzat Ibragimova said at a ceremony in honor of the signing of loan agreements with banks.

– We, in turn, place these funds at 2 percent per annum in banks that will finance entrepreneurs working in the manufacturing industry and in the service sector related to the manufacturing industry.
The Chairman of the Board also noted that all banks that take part in the implementation of this program were selected in accordance with several requirements. Firstly, this is the size of the loan portfolio in the total assets of the bank. Secondly, banks were selected that have a widely developed regional network and work with small and medium-sized businesses throughout the country, since very great importance is attached to regional coverage under this program.
It is worth noting that part of the funds arrived in the special accounts of banks already on the day the agreement was signed, and according to its terms, within six months, banks must use these funds to lend to small and medium-sized businesses.
Meanwhile, there are a number of conditions, mandatory compliance with which will allow entrepreneurs to gain access to these funds.
All resources must be used to finance new projects. Thus, the fund cuts off the possibility of refinancing old loans with the help of allocated funds. The list of financing sectors additionally includes service sectors that relate to servicing the manufacturing industry. This should have a positive impact on both the manufacturing sector and the cost of final products. In addition, entrepreneurs are given the opportunity to use this money to replenish working capital. The Damu Foundation is confident that this is also very effective and necessary measure, since many SMEs requested permission to finance not only investment loans, but also working capital using this money. Again, funding for the food industry is named as a priority. That is, up to 25 percent of the allocated funds will go to finance the working capital of our domestic food industry. This was done with the aim of saturating the domestic market with the products of domestic producers and additional support for the food industry.
These funds will be allocated to borrowers at 6 percent per annum for a loan period of up to 10 years. And if we take into account the fact that the banks themselves receive these funds for a period of 20 years, then taking into account the capital turnover forecast for this entire period, the Damu Fund expects to finance small and medium-sized business projects in the amount of 176.8 billion tenge. And the projected number of enterprises over 20 years should be more than 800.
Thus, the Baiterek holding and its subsidiaries - the Damu Entrepreneurship Development Fund and the Development Bank of Kazakhstan - began to develop 100 billion tenge allocated from the National Fund as part of the implementation of the national plan for the President’s Address “Nurly Zhol - The Path to the Future”, announced by the President of the Republic of Kazakhstan Nursultan Nazarbayev. According to preliminary estimates, financing from the National Fund of the Republic of Kazakhstan will allow in the near future to provide support to about 320 projects, with the creation of about 5 thousand new jobs and budget revenues in the form of taxes in the amount of 28 billion tenge.

Loan 6 percent per annum

Perhaps Vostochny does not offer the lowest rates, but here there is the maximum chance of having an application approved, even for borrowers with bad credit history. In this bank you can take out a loan using your passport, without a certificate of income or any other additional documents. Applications are accepted online and reviewed within 5-10 minutes.

You can take out a loan at 15% per annum or lower from Sberbank, Renaissance, Vostochny, Sovcombank, Post Bank, OTP Bank and UBRD. Almost all of them consider applications without providing a certificate of employment. It is quite possible to receive money at a relatively low 16% interest rate from Alfa-Bank or VTB 24.

How to refinance a mortgage at 6 percent per annum

Today, all Russians who satisfy the requirements can refinance their mortgage at 6 percent. mandatory conditions law, regardless of which bank they borrowed money from. However, there are several important nuances in the procedure itself. We must not forget that the legislation imposes requirements not only on borrowers, but also on the housing itself.

Another important point. When refinancing a mortgage, the already paid portion is not taken into account. That is, the state does not return the difference between the preferential and established interest rates. It only pays for 3 or 5 years after all necessary documents.

Family mortgage: 6 percent per annum, bank tricks and credit “slavery” as a gift

In total, the federal treasury intends to spend 600 billion rubles on the state program for subsidizing mortgages in 47 Russian banks, according to the February order of the head of the Ministry of Finance Anton Siluanov. Some of these funds will be received by the largest federal banks and the Mortgage Agency. housing lending(AHML). The state will compensate Sberbank, VTB and Absolut Bank with 171 billion, 106 billion and 46 billion rubles, respectively. AHML will receive the largest compensation of 320 billion rubles. The remaining funds are distributed among regional financial organizations.

“For 3 million rubles in Kazan you can buy a one-room “improved” apartment or a two-room “Leningrad” apartment in the middle district. On primary market for this money you can buy a full-fledged two-room apartment with an area of ​​60-70 meters with a completion date of a year or two. Well, in the suburbs you can afford “three rubles,” concluded the head of the Guild of Realtors of the Republic of Tatarstan.

Loan at 4 percent per annum

According to statistics, there are a number of cases where borrowers managed to obtain bank loans with an effective interest rate of 4 percent per annum. Therefore, a loan at 4 percent per annum is not at all fantastic. The main thing is to approach the issues of reducing the effective interest rate wisely.

1. SME Bank offers special credit programs representatives of small and medium-sized businesses for the modernization or development of production. The requirements for borrowers in this case are standard. True, it may take the bank quite a long time to consider the application.
2. You can get a targeted loan with support from the state or large company. Among these credit products for individuals we can include programs mortgage lending With state support for military personnel. To obtain such a loan, you must have at least three years of contract service.
3. Another type of supported lending is a car loan. special programs from one or another manufacturing company Vehicle. In this case, you can get a car loan at 4-6 percent per annum. However, there may be pitfalls here. The effective rate on such a loan may be higher due to compulsory insurance— CASCO or OSAGO. In addition, it is important to consider a number of fees that the bank may charge on such a loan.

Welcome! So, a 6 percent mortgage in Russia is becoming a reality. 11/25/2017 Vladimir Vladimirovich Putin, at a meeting of the coordination council for the development national strategy state actions in the interests of children, stated that from 2018, in addition to other options for helping families with children, a special mortgage program “6% Mortgage” will be developed. It will allow families with two, three or more children to receive a loan at a preferential rate not exceeding 6% per annum. Let's find out the terms of this program, the requirements for the borrower and how to apply for such a housing loan, and most importantly - where?

Earlier, Dmitry Anatolyevich Medvedev spoke about the possibility of reducing the mortgage rate to 6-7%. At a meeting with the governor of the Samara region in May 2017, he said that the Russian economy was ready for such a rate.

Let's really evaluate the reasons that led to the creation preferential mortgage with subsidies mortgage rate from the state:

• Low inflation. At the end of 2017, inflation in Russia should not exceed 3%, which will allow the Central Bank to continue to reduce the key rate, and therefore reduce the cost of money for banks. As a result, the next point.
• In 2017, mortgage rates reached their lowest levels. According to the Central Bank, it is 10.05% percent, which is an absolute record and by the end of the year the rate may break 10%.
• Economic stabilization. Oil prices remain within 60 rubles per barrel, which is comfortable price For Russia. External attacks from the West on the economy were also repulsed. There was a respite before another storm before and after the 2018 presidential elections.
• Mortgages have become one of the most reliable sources of profit for banks. In 2017, it should exceed the level of 2 billion rubles. Banks are actively entering this market because... The mortgage product is one of the lowest risk. The share of mortgage arrears does not exceed 1-3%.
• Stagnation in the construction industry. The end of state-supported mortgages in 2017 became a serious problem for developers. During the period of this program, the share of mortgages for new buildings reached 70-80% in bank portfolios. At the moment, the situation has changed dramatically. Interest rates on secondary housing have become equal to or even lower than rates on new buildings. This influenced the fact that the share of the secondary market in mortgage transactions reached 70% percent. The growth that the mortgage market showed did not cover the developers' need for cheap money. People went to apply for loans for ready-made options on secondary market. The result is a reduction in the introduction of new square meters, suspension of ongoing projects, postponed new projects and bankruptcies of developers. If we add to this Putin’s order to leave practice within 3 years shared construction to the side project financing construction projects, a serious crisis in the construction industry was looming ahead.

All these prerequisites prompted the government to launch mortgages at 6 percent. Let's find out the conditions.

Government Decree

Changes for 2019

Today (04/05/2019) Dmitry Anatolyevich Medvedev signed a decree dated 03/28/2019 on changes to the Rules for the provision of subsidies, which include the following points:

• residents Far Eastern District allowed to take out a mortgage at 5%, and also made it possible to purchase real estate in rural areas of their region at a preferential rate not only from a legal entity, but also from individual(secondary). In this case, the second and subsequent child should be born not on January 1, 2018, but on January 1, 2019.
• allowed to refinance under the family mortgage program, previously refinanced loans under regular programs.
• An interest rate of 6% will remain in effect for the entire term of the mortgage.

Now the official government document dated March 28, 2019 “Resolution on amendments to the rules for the provision of subsidies from federal budget Russian credit institutions And joint stock company"DOM.RF" for compensation of lost income on issued (purchased) housing (mortgage) loans (loans) provided to citizens Russian Federation“having children” can be downloaded on our website in the same way as the previous document dated July 30, 2018 was published.

The above resolution includes the following important changes:

• now families with a fourth and subsequent children can participate in a family mortgage and refinance an old mortgage at 6% (previously, families with a 4th and subsequent children could not qualify for a 6% mortgage rate);
• the period of participation in the program is extended until March 1, 2023 for families whose second and subsequent child is born between 07/01/2022 and 12/31/2022;
• a concept is introduced as an “additional refinancing agreement”, which allows the bank to reduce the rate on an existing mortgage to 6% (regardless of the date of issue, but strictly from the legal entity), without drawing up a new agreement (now the rate reduction has become possible in that bank as well , who issued a mortgage without having to prepare new package documents related to work, which is especially important when the wife is in maternity leave and has no income);
• the subsidy period increases to 8 years if two or more children are born between January 2018 and December 31, 2022.

Conditions

Preferential mortgages assume that the state subsidizes the interest rate for banks up to 6%. The mechanism will be approximately the same as with state mortgages in 2015-2017. The state will determine the circle of banks that will participate in the program. All of them must submit a special package of documents to the Ministry of Finance of the Russian Federation and an application for participation in the program within 30 days from the date of publication of the decree. Banks and AHML will receive monthly compensation for lost income. If your mortgage was sold to AHML or another bank, then there is no need to worry either. You will be able to participate in the rate subsidy program.

The program is valid from January 1, 2018 to March 1, 2023. 600 billion rubles have been allocated for the implementation of the program.

Next, they will sell mortgage products at a rate of 6 percent per annum or even less, and the Ministry of Finance will compensate the banks for lost income. This income will be the difference between market rate(now it is about 10%) and 6%. The operator of the entire mechanism is AHML. After the end of the subsidy period, the rate will be set at the Central Bank refinancing rate on the date of registration of the mortgage + 2%. It may be less according to the bank's decision.

For ordinary borrowers this will not be noticeable in any way. The mortgage agreement will indicate fixed rate. But there is a very important nuance:

• For a family with 2 or more children (the second child must be born after January 1, 2018 and before March 1, 2023) - the 6% rate will apply for the entire period;
• For a family with 2 or more children from rural areas Far Eastern federal district– the preferential rate of 5% will be valid for the entire period.

Important point. A mortgage loan at 6% will be issued only for a new building, as well as for refinancing an existing one mortgage loan issued for such purposes. For secondary use this program does not apply. Also, this item must be purchased only from legal entity. By transfer from an individual, it will not be possible to take out a mortgage at 6% (except for cases of issuing a loan or refinancing the mortgage of residents of rural areas in the Far Eastern Federal District).

Another very important point! Previously, according to government decree, families with 4 or subsequent children were not able to get a family mortgage at 6 percent. After a direct line with the president on June 7, 2018, this issue was raised. The state additionally allocated another 9 billion rubles and eliminated this problem.

Who can get a mortgage

Let's define the circle of borrowers:

1. A family in which a second child is born after 2018;
2. A family in which a third and subsequent child is born after 2018.

It is worth understanding that a preferential mortgage at 6% is aimed at further increasing the birth rate, so only those families who are planning to have a baby in 2018 and later can apply for a subsidy.

According to the forecast of the Ministry of Finance, more than 500 thousand families will be able to take advantage of this mortgage.

Only citizens of the Russian Federation can take advantage of the subsidy.

Loan requirements

In order for the loan to be subsidized, the bank must issue a mortgage with the following parameters:

1. The loan must be concluded in rubles no earlier than 01/01/2018 (for a new loan).
2. The size of the mortgage loan does not exceed 6 million rubles. for regions of the Russian Federation and does not exceed 12 million rubles. for Moscow, Moscow Region, St. Petersburg and Leningrad Region.
3. Down payment from 20% of the cost of housing.
4. The rate is 6% for the subsidy period. It should not exceed by more than 2% the Central Bank rate on the date the mortgage was issued, after the end of the subsidy period.
5. Mandatory life insurance of the borrower and the facility after completion of its construction.
6. Annuity payment.

In essence, this is the return of the previous ““ program, but with a new sauce - a preferential rate of 6%.

Banks participants

As mentioned above, in order for a bank to become a participant in the program, it must submit a special application for participation. If it is approved, the bank will have the right to receive compensation from the state and issue preferential mortgages at 6 percent.

The very first bank that has already started accepting applications was VTB 24 Bank and VTB Bank of Moscow. At the moment, employees are not very familiar with the conditions, but they need to be patient. You can now contact the bank. Sberbank has not yet made a decision on participation and is eyeing the president’s initiative. Employees received notifications that the entire implementation mechanism is now being worked out and the program will work in Sberbank from the second half of February.

Which marked the start of the family mortgage program. You can download the order from the link. The final list of participants included 46 banks + AHML. The allocated funds in the amount of 600 billion rubles were distributed among them in unequal proportions. The largest shares were received by Sberbank, VTB and, unexpectedly, Absalut Bank. See the table in the order or below.

Family mortgage with state support of 6% participating banks at the moment:

AHML and agency partners have already launched their “Family Mortgage with State Support” program and are considering not only borrowers for new loans, but also refinancing already existing mortgage.

How to apply

How to get a mortgage at 6% is already possible. The principle will be as follows:

1. A standard package of documents is being prepared, which is supplemented by birth certificates of children;
2. A mortgage is issued under preferential rate 6%;
3. The state compensates the bank for lost income.

Refinancing an existing mortgage at 6% will be as follows:

• the borrower applies to the bank with an application for conclusion additional agreement on mortgage refinancing at 6% and children’s birth certificates;
• the bank is preparing an additional agreement;
• the borrower signs an additional agreement and the bank reduces the rate;
• the state compensates the bank for lost income.

Where to apply

All major players mortgage market will definitely participate in the subsidy program. As an example, it’s worth comparing the current leaderboard. Below are the conditions for a mortgage in a new building in the TOP 30 banks in the country.

Family mortgage with state support in AHML

AHML and its partners have started accepting applications for refinancing and issuing new preferential mortgages. Let's look at the bank's requirements.

Conditions:

• From three to thirty years;
• From 500 thousand to 3-8 million according to the resolution;
• Up to 80% of estimated value housing during on-lending;
• Rate according to the resolution.

Requirement for the borrower:

• Standard requirements for the birth of a second and third child during the program period;
• Age 21-65 at the time of completion of loan payment;
• Work experience of at least six months (IP worker - 2 years);
• Up to four co-borrowers are allowed.

Object requirement:

• The house must be accredited by AHML;
• It is possible to already register from the beginning of the cycle;
• Registration in accordance with Federal Law 214 is required.

Insurance:

• Home insurance for a finished apartment;
• Borrower's personal insurance.

Add. conditions for refinancing:

• At least six payments have been made on the mortgage;
• There is no current overdue or overdue for more than 30 days;
• No previous restructuring.

Standard. Additionally, you must provide a birth certificate for your children.

Mortgage with state support for families with children at Sberbank

From February 7, 2017, a special mortgage with state support (family mortgage) will start in Sberbank. With this preferential mortgage, you can purchase housing on the primary and secondary market from a legal entity at a rate of only 6% per annum.

General terms and Conditions:

• The rate is 6% (3 or 5 years depending on which child, second or subsequent). After finishing grace period the rate will be 9.5%. If the Central Bank rate changes, then the rate on the date of issuance of the mortgage will be + 2 percentage points;
• PV 20%;
• You can buy a secondary or primary one, but only from a developer or contractor;
• Amount from 3 to 8 million depending on the region of acquisition of the object within the framework of government decree;
• Compulsory life and health insurance, as well as secondary property insurance.

Who can receive:

• Citizens of the Russian Federation, where the 2nd and subsequent child was born after January 1, 2018.
• Age 21-75;
• Experience from 6 months;
• Sufficient solvency.

For registration you need a standard package of documents for a mortgage + birth certificates of all children.

Important point! Sberbank currently does not refinance existing loans within the framework of government regulations. The entire mechanism is being developed. There is no exact launch date for refinancing yet. Follow the news on our website.

Other programs

State support also exists through other programs. Let's get to know them.

Matkapital

In addition to preferential mortgages, the program to support families with two or more children will continue in 2019. will operate approximately until 2022. Within the framework of this program, young families at the birth of their second child have the right to receive a subsidy from the state and direct it to various purposes, including to repay an existing loan or to pay the first installment on it.

After 2019, the Maternity Capital program will undergo a number of changes that will allow only families in special need to receive a certificate. Therefore, it is worth thinking about receiving 453,026 rubles from the state at the birth of your second child in 2019, and you will be able to use the certificate later.

Mortgage Assistance Program

It resumed in August 2018. The essence of the program is that the state writes off 20-30% of the principal debt, but not more than 1.5 million rubles, and can also transfer foreign currency loan in rubles and reduce the rate to 11.5%.

This program, unfortunately, has a number of nuances that will not allow most mortgage borrowers receive support from the state. We wrote more about this in the previous post. Be sure to check it out.

We hope that banks will begin to strictly fulfill their obligations under this program and interdepartmental commission can really help a large number families.

For military personnel

It has become understandable and the most reliable tool in solving housing issue military personnel. It will also continue in 2019. You can find the conditions for this program on our website.

Social

A special program to support socially significant and less protected categories of citizens is being implemented in various regions of the Russian Federation. These programs allow you to receive a subsidy from the region at the interest rate or for the down payment on a mortgage.

A great example is this. Using her example, they are now launching mortgage programs in other regions.

We are waiting for your questions in the comments. We would be grateful for rating the post and reposting it on in social networks. Let's monitor the launch and implementation together new program. Bookmark this page in your browser so you don't miss news and updates on this program.

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The online deposit calculator will help you quickly calculate interest on any deposit, including with capitalization, with top-ups and taking into account taxes, and will also show a schedule for calculating interest. If you are planning to open a deposit, then the calculator will help you calculate the potential profitability in advance.

Interest capitalization

With a regular deposit, the bank pays the accrued interest to the depositor monthly (or at other intervals stipulated by the terms of the agreement). It is called " simple interest" Deposit with capitalization (or " compound interest") is a condition under which accrued interest is not paid, but is added to the deposit amount, thus increasing it. Total income from the contribution in this case will be higher.

Using a deposit calculator, you can compare the results of calculating two identical deposits (with and without capitalization) and see the difference.

Effective interest rate on deposit

This characteristic is relevant only for deposits with interest capitalization. Due to the fact that interest is not paid but is used to increase the deposit amount, it is obvious that if the deposit amount increases monthly, then the newly accrued interest on this amount will also be higher, as will the final income.

Calculation formula effective rate:

Where
N is the number of interest payments during the deposit term,
T - term of deposit placement in months.

This formula is not universal. It is only suitable for deposits with capitalization once a month, the period of which contains an integer number of months. For other deposits (for example, a deposit for 100 days), this formula will not work.

However, there is a universal formula for calculating the effective rate. The disadvantage of this formula is that you can get the result only after calculating the interest on the deposit.

Effective rate = (P/S) * (365/d) * 100

Where
P - interest accrued for the entire deposit period,
S - deposit amount,
d - deposit term in days.

This formula is suitable for all deposits, with any terms and any frequency of capitalization. It simply calculates the ratio of the income received to the initial deposit amount, bringing this value to annual interest. Only a small error may be present here if the deposit period or part of it falls on a leap year.

This is the method used to calculate the effective rate in the deposit calculator presented here.

Tax on income on deposits

The Tax Code of the Russian Federation provides for taxation of deposits in the following cases:

• If the interest rate on a ruble deposit exceeds the value key rate Central Bank of the Russian Federation at the time of conclusion or extension of the agreement, increased by 5 percentage points.
• If the interest rate foreign currency deposit exceeds 9% .

The tax rate is 35% for residents of the Russian Federation and 30% for non-residents.

In this case, not all income received from the deposit is taxed, but only the part received as a result of exceeding the interest rate on the deposit of the threshold rate. In order to calculate tax base(taxable amount), you must first calculate the interest accrued at the nominal deposit rate, and then make a similar calculation at the threshold rate. The difference between these amounts will be the tax base. To obtain the tax amount, all that remains is to multiply this amount by the tax rate.

Our deposit calculator will calculate your contribution taking into account taxes.