Details of the National Housing Movement facilities in Tehran
According to the report of Iran Economist, according to the documents of the National Housing Movement, the amount of facilities for this project in Tehran is 450 million tomans, in metropolitan cities with more than one million people 400 million tomans, provincial centers 350 million and other urban areas 300 million with a maximum repayment period of 18 years and The construction participation period is 2 to 3 years.
In this regard, one of the most frequently asked questions is the amount of installments of the National Housing Movement.
* How much is the installment amount of the National Housing Movement in Tehran?
According to the information entered in Maskan Bank, the amount of each installment of the National Housing Movement facility in Tehran, including the 18-year repayment period and the interest rate approved by the Money and Credit Council at 23%, is 8,702,000 Tomans per month.
On the other hand, installments of the National Housing Movement facility can be repaid in a staggered manner. In this method of repayment in the first year by calculating the 9% stepped rate, the loan amount in the first year is 6 million and 64 thousand tomans, in the second year it is 6 million 610 thousand tomans and in the third year it is 7 million 205 thousand tomans, according to this the amount In the fifth year, the amount of the loan will be close to the figure of the simple method, i.e. 8 million 561 thousand tomans, and finally in the 18th year, the applicant must pay 26 million 246 thousand tomans to the Housing Bank for repayment of the facility.
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