Is it possible to repay the mortgage in Sberbank ahead of schedule with the parent capital?

Parents who have two or more children often have to deal with the question of whether it is possible to repay the mortgage ahead of schedule in the Savings Bank. From the conditions of using the loan depends on how soon the family will be allowed to use an important state subsidy - the parent capital.

Why make a mortgage

In cases where state assistance is used for housing construction, purchase of square meters, payment of educational services or the formation of a funded part of a pension, money can not be obtained until the baby is three years old. If the maternity capital goes to pay off the mortgage, you do not need to wait until the end of the decree. That is why the registration of a housing loan with the right of early repayment becomes the main means for parents to gain access to the subsidy.

Pay attention to loan repayment terms

Commercial banks, as a rule, are not interested in that clients return the loan ahead of time. Therefore, many potential borrowers are worried whether it is possible to repay the mortgage loan ahead of schedule in Sberbank.

When receiving a loan, it is important to read and analyze the credit documentation line by line, not succumbing to the provocation of employees who want to hurry you. The terms of repayment of a loan are usually devoted to the whole section of the contract. Pay attention to the schedule of payments - it can be placed in a separate application. Are you comfortable with the dates indicated in it? Is the amount of the monthly payment too high? The terms of early repayment are detailed, although they can be given in footnotes or hidden in the abundance of text typed in small print.

Trick of creditors

Many banks are trying to limit the right of customers to repay the loan in full or in part before the terms specified in the contract. To do this, additional conditions are often added to the credit documentation. For example, these are:

1. Early repayment is allowed no earlier than after a long period of time, which can be 6 months or more.
2. The minimum threshold for the payment amount is set ahead of time. For example, a borrower is forbidden to send cash amounts of less than 10 thousand rubles. Accordingly, the award, which was suddenly received at work, if it is not too large, it will not be possible to contribute to the reduction of the debt.
3. The documentation may establish a fee for early repayment of the loan. As a rule, its size discourages the desire to repay the obligations ahead of time.
4. Much less often in credit documentation there is a bonded condition that obliges you to pay interest and commission in full for a set period of time (for example, a month or a quarter), despite the fact that you return the loan ahead of schedule.

Is it possible to repay the mortgage ahead of schedule in Sberbank

Conditions that limit the borrower's right to repay obligations ahead of time become especially relevant during the financial crisis. Therefore, many customers are beginning to doubt whether it is possible to repay the mortgage loan ahead of schedule in Sberbank.

In the country's largest financial institution, any loans are allowed to be returned earlier than the dates set by the contracts. The commission is not required to pay for this. Make money is acceptable even the day after receiving the loan. The principal debt will be closed or reduced, provided that the accrued interest is simultaneously paid off. It is important to inform the bank not later than two business days in writing what date and amount you wish to return early. Based on this notification, the responsible employees will conduct a redemption operation. Otherwise, the funds deposited by you will be deposited in a special account and will be debited to the loan repayment account on a monthly basis in accordance with the payment schedule.

The notice of early repayment of loan funds is prepared and signed by the client in person at the bank's office.

Your credit is also entitled to a weekend

Many recipients of maternity capital are also interested in the question of whether it is possible to repay the mortgage early in the Savings Bank on Saturday? The operation to return the loan obligations will take place on the same day if the office where the loan was issued is working. If the branch is closed on Saturday, the mortgage will be repaid on the nearest weekday. On Sunday, operations on loans are not carried out.

Are there non-interest-bearing housing loans

Some customers who are familiar with the principles of credit cards, are wondering whether it is possible to repay the mortgage in Sberbank ahead of schedule without interest? After all, the "plastic" is almost always set a grace period, which can be up to 50-60 days. When the loan is repaid in full before the expiration of the specified period, interest is not paid. However, under the mortgage, the grace period is not established. Even if you returned the loan the next day, you will have to pay interest for the day of using the credit money.

Applying for a subsidy

The Pension Fund of the Russian Federation also often receives inquiries whether it is possible to repay the mortgage ahead of schedule in the Savings Bank using the parent capital.

In 2016, the size of the parental certificate is still 453,026 rubles.

To use the subsidy, parents of two or more children will need to collect a package of documents established by law:

- identification;

- SNILS;

- Taxpayer Identification Number;

- certificate of marriage (divorce);

- certificate from the Housing Department about the composition of the family;

- birth certificates for all children;

- generic certificate;

- Notarial obligation of parents to provide children with a share in housing.

Consideration in the Pension Fund of the Russian Federation about whether it is possible to repay the mortgage in Sberbank ahead of time by the personal capital personally to you takes 1 month. At the end of this period, if there is no contradiction to the law, a certificate will be issued.

Next, you will need to prepare a second package of documents containing information about the loan agreement:

1. The passport of the borrower is repeated.
2. SnilS.
3. INN.
4. Loan agreement (original or notarized copy).
5. The mortgage (mortgage) contract is the original or a notarized copy.
6. Schedule of payments.
7. Statements of movements on the account (how much loan funds were issued and returned to the bank in fact).
8. Payment requisites.

With correctly prepared documents, after one month, the Pension Fund will transfer the amount under the certificate to a special account with the bank.

How to control the receipt of funds

To do this, one month after the filing of the second package of documents, you can personally appear at Sberbank's mortgage office. On the phone, employees do not have the right to give financial information, unless you have a codeword.

However, it is much more convenient to control the payment of maternity capital through a personal cabinet in the Sberbank Online system. Using the login and password, you will track the receipt of funds through any computer connected to the Internet. You can login to Sberbank Online through ATMs, payment terminals, or using a mobile application.

Seeing that the maternity capital has reached the "destination", contact your credit manager. Pre-specify whether it is possible to repay the mortgage ahead of schedule in Sberbank right now. Be ready to go to the office and write a notice.

After the operation, the payment schedule is recounted - the amount of the monthly payment is proportionally reduced.

Start from scratch?

Parents who are planning to receive maternity capital in the near future are often interested in whether it is possible to repay the loan early in the Savings Bank and take a new one. According to the legislation, any individual can conclude several loan agreements at the same time . From this point of view, in order to get a new loan, it is not necessary to extinguish the already existing one.

But the lending services of the bank, analyzing the possibility of granting a loan, calculate your solvency. It is determined on the basis of income statements. Also, existing commitments are taken into account. The level of debt burden on a person should be such that he can pay debts on time, while providing food for himself and non-working members of the family. Also, there are some loan products that must necessarily be covered with bail or sureties.

Having paid ahead of schedule mortgage, you can again offer exempted encumbrance housing to the bank as security for new loans. On the security of financial institutions give loans much easier and more willingly.

However, if your mortgage is a mortgage, take the time to extinguish it before the deadline, if you assume that money may soon be needed again. Housing loans are usually the cheapest in service, and the financing terms for them are the longest. The mortgage interest rate is from 11% per annum. By consumer credit, it increases to a level of 14.9 to 21.9% per annum. For housing loans, the maximum term of financing is 30 years, for consumer loans - only 5 years. To re-borrow the loan on mortgage terms is possible only on condition that new real estate is purchased.

Information for travelers

Families who have to change their place of residence are worried: is it possible to repay the loan ahead of schedule in Sberbank in another region? Current payments on loans can be made as usual. To do this, it is sufficient to transfer the required amount in a timely manner to the account specified in the contract. But the borrower will not be able to personally implement the early repayment from another region. After all, to carry out this operation, it is necessary to appear in the office of the bank, in which the housing loan was registered , for signing the notification.

In this regard, for parents preparing for relocation, the question becomes urgent as to whether it is possible to repay the loan in the Savings Bank ahead of schedule by proxy? After all, it depends on whether it will be possible to instruct someone from relatives or friends to return a housing loan.

Why go to a notary?

To deposit money into a special account designed to accumulate funds, a power of attorney is not needed. However, in order for an early repayment operation to take place, a notification signed by the borrower or other person authorized to act on his behalf is necessary.

The right to represent the interests of the client in the bank is certified by a notarial power of attorney. In its text must be present phrases meaning that your friend or relative is allowed to repay the loan obligations ahead of schedule.

"Card games"

Some clients are also interested in the question of whether there are programs for issuing mortgages to "plastic" and whether it is possible to repay loans in advance on Sberbank by credit card? Housing loans can be in some cases provided in a non-cash form. Including by agreement with the bank, they are issued to plastic cards.

However, the mortgage is not credited. Plastic cards with large loan limits are intended solely for payment of current consumer expenses. The maturity dates for them are very short, all settlement of obligations takes place within one year. If you, however, spent some amount from a credit card to pay for the cost of housing, it will have to be returned on consumer credit terms.

So, is it possible to repay mortgage in Sberbank ahead of schedule with the means of maternity capital? Yes, if you are legally entitled to receive a subsidy. Know your capabilities and use them.