Financial literacy for Dummies: What you need to know to get a mortgage

All about how to take out a loan, how to pay it, and where to go if the money ran out.

What's more profitable: to get a mortgage or rent an apartment

Vital issue for anyone with an opportunity to make an initial contribution and become the owner of the property. That's just clearly not be able to answer it. We'll have a lot to consider, taking into account factors that are virtually impossible to predict. And yet the results even of inaccurate calculations allow us to understand how to act specifically in your case.

Read Article →

What are credits and that they can buy

Not a single mortgage: the money for the purchase of housing can be taken in the form of another loan. Much depends on the amount that you are missing: several million without collateral you just no one will. Each type of loan has its pros and cons.

Read Article →

Things to know about the percentage of the loan

It is the percentage of the bank will earn, therefore, is not so simple to them. You have to understand how they are calculated and how many will be overpaid as a result to select an advantageous offer.

Read Article →

How to get a mortgage and do not suffer

Long-term credit is not always associated with suffering. It is necessary to carry out preparatory work sensibly assess the risks and inconvenience to live a normal life and not make ends meet.

Read Article →

How to extinguish a mortgage early

If you have the ability to extinguish the mortgage early, be sure to do it. Interest is calculated on the outstanding principal balance. The faster it decreases, the less you overpay. So you can save hundreds of thousands. That everything went according to plan, choose the right strategy.

Read Article →

How to make a tax deduction

Early extinguish the mortgage tax deduction helps a lot. All you can get up to 260 thousand rubles (and even up to 520 000, if you buy a property in a marriage). But it is important to prepare all the documents.

Keep in mind that currently submit a declaration 3-PIT can be directly on the site in tax private office.

Read Article →

How to reduce or cancel the debts on loans

If something gets out of control and there will be nothing to pay on the mortgage, the strategy is a failure - to pretend that nothing happens. It is best not to wait until the bank decides that the only way to return the money - take and sell the apartment. Work with them and look for a compromise solution.

Read Article →

Bonus: What was the mortgage in different historical epochs

Mortgage not modern invention. Find out what people came for the sake of their own homes since the Paleolithic to the present day.

Read Article →