The expert explained the conditions for taking credit holidays at the birth of children

Families with mortgages will be able to take out credit holidays in case of birth or adoption of children — such a bill was approved by the Cabinet of Ministers on July 21. At the same time, in the case of the birth of the first child, a number of requirements must be met in order to grant a postponement, Vladimir Gruzdev, Chairman of the Board of the Russian Bar Association, explained to Izvestia.

Not everyone is at home: family mortgages will be banned from being issued outside the place of registration in 2026.

How much can housing sales fall and how will this affect its value?

"It needs to be confirmed that the borrower's income has decreased by more than 20% compared to his average monthly income before the arrival of new children. At the same time, the amount of regular payments under the loan agreement should be at least 40% of the borrower's average monthly income," he said.

In this case, the borrower may request a six-month delay in payments.

At the birth or adoption of the second and subsequent children, this very fact is enough to receive benefits, Gruzdev explained.

"The term for granting credit holidays at the birth or adoption of the first child is no more than six months, and at the birth or adoption of the second and subsequent children — no more than 18 months," the expert emphasized.

You can take advantage of such vacations only once. According to Igor Rastorguev, a leading analyst at AMarkets, this measure will allow a mother to find "or at least start looking for" a job, get a child into kindergarten, or find a babysitter for a few hours.

"The undoubted advantage of the initiative is real financial support for families where replenishment is expected. It is known that the cost of servicing small children increases many times. In part, this may stimulate fertility in those families who are afraid of temporary lack of money," the expert explained.