Terms of receiving a mortgage loan / Amount and interest rate of the deposit loan
According to Tejarat News, the amount Mortgage loan Changed, in yesterday’s meeting of the Supreme Council of Money and Credit, the amount of rental housing facilities for the year 1401 increased.
According to this decree, in 1401, 100 million Tomans will be granted to tenants residing in the capital, 70 million Tomans in provincial centers, and 40 million Tomans in housing loans in cities with a population of more than 200,000.
Previously, the government had provided rental facilities from 35 to 60 million tomans for the tenants of the above cities.
Mortgage rates are directly related to last week’s decision to set a rent ceiling for 1401.
For this year, the ceiling varies from 15 percent in small cities, 20 percent in metropolises with a population of over one million, and 25 percent in the capital. Of course, some experts are skeptical that landlords will comply with this ceiling
It seems that with the approval of the Monetary and Credit Council yesterday, the issue of registration for receiving these facilities in the system of the Ministry of Roads and Urban Development will begin.
Terms of receiving a mortgage loan
The Young Journalists Club quoted the Deputy Minister of Roads and Urban Development as saying: “The use of rental facilities is reserved for homeless tenants.”
Mahmoud Mahmoudzadeh added: “Those who do not have a history of receiving such facilities, can receive a loan equal to the set ceiling.” But for those who have taken such a loan in previous years, it is possible to receive a new figure.
What is the interest rate on the loan?
Until last year, the repayment of these facilities had an 18% interest rate. However, regarding the method of repayment of this loan in 1401, the Deputy Minister of Roads and Urban Development said: “We have defined two models for the repayment of the facility, the result of which will be announced after further investigation.”
At the same time, after the publication of the news of the decision of the Supreme Monetary and Credit Council yesterday, Mehr news agency He estimated the possible installments of this loan as follows: The amount of 100 million Tomans facility installments is 2 million 539 thousand 342 Tomans per month. The amount of monthly installments of the facility is 70 million Tomans, monthly is 1 million 777 thousand 539 Tomans. The monthly installments of the 40 million Tomans facility are 101 million and 573 thousand Tomans.
Who to register with?
Until last year, the responsibility of registering mortgage loan applicants with Ministry of Roads and City Planning However, Tejarat News’ follow-up shows that the Ministry of Roads will most likely be responsible for this again.
However, it is not possible to register applicants until the final permits are issued.