The amount of installments of the national mortgage was increased? – Tejarat News

According to Tejarat News, buyers of national housing objected to the large amount of national housing loan installments and demanded follow-up by the relevant authorities.

A common type of repayment of long-term facilities is the use of a staggered method, which is installments with different staggered interest rates of 3%, 5% and 9%.

In the method of paying simple installments, the amount of repayment of installments is considered fixed during the repayment period, but in the method of repayment of stepped installments, the facility is paid differently in each year from low to high.

Accordingly, if an applicant prefers the 9% stepped payment method to the simple payment method, in the first year of paying the 450 million Toman facility, he only has to pay 4.3 million Tomans monthly. This payment figure increases to 4.7 million tomans in the second year, and in the third year, the applicant for a loan of 450 million tomans only has to pay 5.1 million tomans.

Based on this, in the step-by-step method of paying the applicant’s facilities in installments of the seventh year, the amount of the facility payment is equivalent to 7 million Tomans per month.

In addition, Akbar Nikzad, head of the Islamic Revolution Housing Foundation, as the main trustee of rural housing in the country, believes that the amount of repayment installments of rural housing facilities with an interest rate of 5% according to the approval of the Board of Ministers is only 1.4 million Tomans.

According to the mentioned information, it seems that the weakness of the government’s information regarding the methods of paying installments in a staggered manner has caused the applicants of the National Housing Movement to vote. It will be the primary years.