The cost of Russians for the purchase of 1 sq. m. The cost of housing for a mortgage was estimated at 444 thousand rubles.

The cost of Russians for the purchase of 1 sq. m. The cost of housing worth 129.5 thousand rubles, purchased with a mortgage for 20 years at existing market rates, is almost 444 thousand rubles. This was reported on December 21 in the federal company "Floors" to Izvestia.

"Last year, when the market mortgage rate was at 28%, the cost of buying 1 sq.m. m of secondary housing, taking into account the overpayment of interest for 20 years of using the loan with a down payment of 20.1%, even reached 596.9 thousand rubles, despite the fact that the average cost of 1 sq.m. The price on the secondary market in Russia at that time was 127.1 thousand rubles. And this applies to ordinary apartments. Naturally, such an overpayment significantly cooled the demand for ready—made housing, which began to recover only after the summer reduction in the key rate," said Tatyana Reshetnikova, deputy head of the mortgage department at the federal company Etagi.

Now, according to her, the most affordable market mortgage rate has dropped to 19.79%, as a result, the overpayment of interest to the bank for a mortgage with the same down payment and a 20-year term has decreased to 304% of the loan amount, and at a rate of 28.03% last year it was 463%.

"For those who applied for a mortgage a year ago at a rate of 28.03%, refinancing it now can reduce the amount of monthly payments by 28%, and this is very noticeable," Reshetnikova said.

Experts have calculated how much 1 square meter costs now. m of mortgage—backed secondary housing in the largest cities of Russia, taking into account its average cost and overpayment on a loan issued for 20 years with a down payment of 20.1% and a rate of 19.79%.

In Moscow, the cost of buying 1 square meter of ready-made housing over 20 years of using such a mortgage will amount to 876.1 thousand rubles, in St. Petersburg — 560 thousand rubles, in Kazan — 463.9 thousand rubles, in Nizhny Novgorod — 408 thousand rubles, in Yekaterinburg — 331.7 thousand rubles, in Krasnodar — 322.1 thousand rubles, in Rostov-on-Don and Novosibirsk have 322 thousand rubles each, Ufa — 319.4 thousand rubles, Krasnoyarsk — 313.3 thousand rubles, Samara — 304.3 thousand rubles, Perm — 294.1 thousand rubles, Omsk — 273.7 thousand rubles, Voronezh — 264.3 thousand rubles, Volgograd — 249.2 thousand rubles. and in Chelyabinsk — 249.1 thousand rubles.

"To reduce the overpayment, it is necessary to choose an apartment with the maximum discount and with such a monthly payment that the loan can be repaid ahead of schedule in 7-10 years, in this case, the overpayment for using the loan is reduced by a multiple. For example, for a period of 7 years, it will amount to about 85% of the amount taken. Plus, use refinancing at a lower rate, which reduces overpayment," Reshetnikova summed up.

Reduced cost: the average mortgage overpayment for the year decreased by a third

However, Russians still have to buy one apartment for the price of four

On December 19, Russian President Vladimir Putin called on young families to take out mortgages in regions with a reduced interest rate. According to him, Russia will continue to provide support despite the current tensions related to the need to balance the budget.

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