home » Psychoanalysis » Maternity capital terms of use for a mortgage. Is it possible to repay a mortgage with maternity capital: conditions and a step-by-step guide

Maternity capital terms of use for a mortgage. Is it possible to repay a mortgage with maternity capital: conditions and a step-by-step guide

Maternal capital is one of the forms of state support for families where two or more children are brought up. The most common use of this money is to improve living conditions. Many families buy an apartment or a house with a mortgage. In this article, we'll see how to use maternity capital to pay off a mortgage.

Ways to use maternity capital when paying off a mortgage

Maternity capital is allowed to be used even at the stage of obtaining a mortgage. The initial payment can be reduced by its size. In order to take advantage of this opportunity, you need to find a bank where such loans are issued (not all financial institutions issue mortgages using maternity capital as down payment).

A potential borrower must submit a certificate to the bank with the main package of documents. After that, a standard consideration of the application takes place and, with a positive decision, a loan agreement is concluded. Next, the borrower needs to submit documents to the Pension Fund for the transfer of funds (after registering the sale and purchase agreement with Rosreestr). Also, maternity capital can be used as a down payment only when there have been no payments from it yet.

Maternity capital can also be used to pay off an existing mortgage that was received before the borrower had the right to it. It is worth noting that a mortgage can also be issued to the husband of a woman who has a certificate. A significant advantage of this use is that there is no need to wait until the child is three years old.

The first step for repayment is to obtain a certificate from the bank, where the loan balance will be indicated. It is also advisable to write a statement of your intention to pay off the mortgage ahead of schedule.

documents that confirm the identity of the certificate holder (child's mother, official guardian, etc.);
spouse's passport and marriage registration certificate, if the loan is issued to him;
capital certificate (it is also possible to provide a duplicate);
a loan agreement and a certificate from the bank, which indicates the amount of debt at the current moment;
contract for the sale of real estate (equity participation);
power of attorney, if the documents are submitted by an authorized person;
a written obligation of the mortgagor after repayment of the loan and removal of the encumbrance to arrange housing for all family members within six months (notarized);
other documents that are related to the rights to receive maternity capital.

Upon receipt of the documents, the Pension Fund issues a receipt to the applicant. The term for consideration of documents cannot exceed thirty days. During this period, the payment of maternity capital must be agreed or a written reasoned decree is issued to the applicant.

Why can the Pension Fund refuse?

Reasons for rejection are as follows:

providing an incomplete package of documents;
indication in the application of knowingly false information;
deprivation of parental rights to a child;
committing by the owner of the certificate of an offense directed against the personality of the child;
the presence of a limited right to the guardian's maternity capital (the restriction can be lifted, and then the application is submitted again).

This list is exhaustive.

Post-mortgage actions

If there are no reasons for refusal, then within two months after the approval of the application, the PF will transfer funds to the borrower's loan account. It is worth noting that existing fines or penalties cannot be repaid with these funds. If these penalties exist, the borrower will have to pay them at their own expense. If this money is not enough for full repayment, the borrower can do the following:

write an application for the recalculation of the schedule. Thus, the mandatory payment will be reduced.
do not recalculate the schedule, which will significantly reduce the final overpayment on the loan.

In a situation where the payment under the certificate has completely repaid the debt, then the borrower can only remove the encumbrance from the property. If the maternity capital had not been used, the borrower could further dispose of the property solely for his own consideration. In the same situation, there is one important nuance. An apartment or house must be re-registered for all family members, including children. This requirement must be met regardless of whether the mortgage was fully repaid by maternity capital or not. Shares can be distributed by agreement, there are no clear requirements in the legislation on this matter. If this is not done, there is a possibility that the PF will claim the funds back.

Repaying a mortgage with maternity capital is a profitable way for young families to quickly acquire a residential property. At the same time, in order to repay the mortgage with maternity capital, you need to follow a certain algorithm of actions and familiarize yourself with all the intricacies of this procedure. We will talk about this below.

The right to repay the mortgage with maternity capital

The legislator determined the possibility of using maternity capital to acquire ownership of residential premises. At the same time, money can be spent not only on the purchase of residential real estate, but also its construction or the purchase of housing through a mortgage loan.

It is important to emphasize that in order to protect the rights of families with two or more children, the law established the obligation of all banks that are engaged in mortgage lending to accept maternity capital as payment for a debt or part of it.

Mortgage repayment by maternity capital can be performed by one of the options:

Payment of the down payment on a mortgage loan This type of service is not provided by all credit organizations. Initially, banks were reluctant to accept maternity capital as a down payment, as it was believed that such borrowers were insolvent or unreliable. But now the largest financial institutions are making concessions to potential borrowers. However, it should be said that the conditions for such mortgage loans are not very favorable for the borrowers themselves. Usually they are subject to higher interest rates with a relatively short maximum loan term;
Payment of the principal amount of the debt (the value of the funds actually received). This option is used most often and, I must say, is beneficial for the borrower due to the fact that, as a result, the amount of the principal debt is reduced, and, therefore, interest will be charged on the remaining part of it, which will reduce the total overpayment;
Payment of interest on a loan. In practice, this scheme occurs infrequently and is beneficial for the most part to the bank, since the latter is guaranteed to receive part of the interest due to it. Although, there is some plus for the borrower, but only if he does not plan to repay the loan ahead of schedule. In this case, only the amount of the principal debt will remain to be repaid and, consequently, the monthly payment. Although, you can deposit a larger amount, thereby reducing the repayment period.

Documents to be submitted to the bank

In order to close part of the mortgage debt, or to repay the rest of the loan in full at the expense of maternity capital, you will need to contact the bank with the following set of documents:

Don't know your rights?

Passport of a citizen of the Russian Federation or a foreign citizen (entitled to receive it, in accordance with the law);
Certificate for receiving family (otherwise maternity) capital;
Application for early repayment of a mortgage loan (a standard form is issued at the creditor bank).

After providing all the necessary documents, a certificate will be issued containing information about your loan, namely: the remaining amount of the principal debt, as well as the amount of interest due to the bank. In addition, in the bank you can get title documents for the residential premises (certificate of ownership, contract for the sale of an apartment).

With the documents received, you must contact the Pension Fund at your place of residence.

What you need to apply to the Pension Fund

In the Pension Fund, you need to get approval to transfer funds from your maternity capital to pay off a mortgage loan. To do this, you again need to collect a package of documents. You will need:

A document confirming the identity of a person entitled to receive maternity (family) capital: mother, father, guardian;
Certificate for obtaining maternity capital (if it is lost, then you can write an application to the Pension Fund to receive a duplicate);
Documents confirming that you have obligations to pay a mortgage loan: contract mortgage lending, as well as a certificate from the bank, reflecting the amount of debt;
Documents for the purchased apartment: certificate of ownership of the residential premises, as well as a contract of sale;
An application in the form issued by the Pension Fund about the borrower's desire to transfer maternity capital to pay the mortgage debt;
A notarized obligation of the borrower to formalize the residential premises in common shared ownership after the loan is repaid;
Other documents: power of attorney (if you act through a representative); a court decision to deprive one of the parents of parental rights, in connection with which the right to maternity capital was transferred to another person, a death certificate (the person entitled to maternity capital died, and his right passed to other persons); documents confirming adoption, etc.

Next steps

After submitting the entire set of documents, you will be issued a receipt for receiving the documents, which indicates the date of their receipt. Within 1 month from this date, the Pension Fund must decide on the payment of funds to the bank, or on the refusal to pay. In any case, the decision is drawn up in writing and sent to the address of the applicant.

If you were denied, then carefully study the reasons for the refusal. If you do not agree with such reasons, you can appeal this decision to the higher authorities of the Pension Fund, or apply to the court for protection. It is important to note that the general term for consideration of citizens' appeals is considered to be 30 calendar days, which means that no later than a month later, your appeal must be considered and a decision made to cancel the previous decision or agree with it.

Is the refusal legal?

The law establishes a limited range of grounds on which an applicant may be denied the transfer of maternity capital in payment of a mortgage. These include:

Providing an incomplete set of documents or false information;
Mistakes in the preparation of the application;
Deprivation of the parent's rights to the child, the appearance of which led to the refusal of the right to receive maternity capital;
Commission by the applicant of a crime against the personality of the child;
In case of restriction of the rights of the guardian by the guardianship and guardianship authorities to use maternity capital, this right will be suspended until the restriction is lifted.

This list of grounds is exhaustive and no other grounds for refusal in accordance with applicable law are legitimate.

If the decision is positive

If the Pension Fund has made a positive decision to send maternity capital to pay the mortgage, then you should contact the bank with such a decision in order to notify the credit institution of your intention. This is also necessary because most banks set minimum deadlines for providing such notices. Usually it is 1 month.

After the Pension Fund transfers the amount of capital to the account of a credit institution, the bank can offer you one of the options for further cooperation:

Reduction of the total term of the mortgage loan. It is important to emphasize that with this option, the monthly mortgage payment remains unchanged for the entire remaining period;
Maintaining the loan term with a commensurate decrease in the monthly payment;
Full closure of the mortgage (if the remaining amount is enough to repay).

In the first two cases, you must be provided with a new payment schedule, which will contain a monthly debt repayment plan. In the third case, it is necessary to request from the bank a certificate of full repayment of the debt and the absence of claims from the bank to the borrower.

Note!

The maternity capital certificate is issued for an indefinite period. That is, you can actually receive the amount due at any time if necessary. Moreover, if the person specified in the certificate has lost the right to it, or has died, another parent or guardian, as well as a child, in connection with the appearance of which the right to receive a certificate arose before he reaches the age of 23, will be able to use the allocated amount;
take advantage maternal certificate to repay an existing mortgage loan, you can at any time from the moment the right to receive it arises. If the maternity capital is used as a down payment, then it will be possible to use it only after 3 years from the date of birth (adoption) of the child;
If the Pension Fund approves the transfer of maternity capital to pay the mortgage, the money will be credited to the bank account only after 2 months;
If you decide to use maternity capital as a down payment, then you need to consider that this is possible only if you have not yet used a single ruble from the allocated amount. If part of the maternity capital has already been spent on other needs, the remainder can only be used to pay off an already existing loan;
In addition to federal programs aimed at improving the demographic situation in the country, there are also a number of regional programs. Thus, many constituent entities of the federation have developed ways to support families with three or more children, usually this is the allocation of a specified amount of money from the budget of a regional education, or other ways of support, in particular: preferential conditions for obtaining or registering ownership of a dwelling;
After closing a mortgage loan using maternity capital for these purposes, the acquired residential premises must be formalized in common shared ownership for all family members;
In case of early termination of the mortgage lending agreement, you have the right to recalculate and return the amount of insurance premiums that you paid but did not use;
Do not forget about the possibility of obtaining a tax deduction. By confirming the timely payment of the mortgage loan, you will be able to return 13% of the amount paid
Maternity capital cannot be used to pay off penalties, fines or other types of material sanctions accrued on a mortgage loan.

Can maternity capital pay off a mortgage taken before the birth of a child? With this question, young parents often turn not only to legal advice, but also to banks, pension funds, and other institutions. It is relevant for a reason. After all, with the birth of a second and subsequent child, the family's expenses increase significantly and it becomes more and more difficult to pay a loan for housing. This is especially important for those who have almost paid off the loan, and the amount of MK would cover the balance of the debt just in time.

In addition, the program to support families with two or more children has been extended until 2020, but even after this period it does not cease to operate, and funds can be used to educate children, improve living conditions and other areas provided for by law.

How to get an MK in 2019: conditions, documents

Due to some changes that occur during the program, you may receive:

a citizen of the Russian Federation who gave birth or adopted a second and subsequent children later than January 1, 2007;
a citizen of the Russian Federation who is the sole adopter of the second and subsequent children, if the court decision was made later than January 1, 2007;
the parent for whom the Certificate was received, regardless of what citizenship he has, if the mother stopped raising children (died, deprived of parental rights);
a child under 18 years of age or a student under 23 years of age, if the parents have stopped supporting him or in other cases described by law in.

List of papers for obtaining the Certificate:

filled in accordance with the sample;
identity document;
papers certifying the birth of children or their adoption;
papers confirming the citizenship of children.

How can I pay my mortgage

Based on numerous changes to the child support program, MC funds can be used until the child is 3 years old in areas such as:

pay the initial fee;
pay part of the debt or interest;
in order to repay the loan of a military member of the NIS.

Based on the statement of M. Men, it is possible that in the near future it will be possible to pay the bank's monthly loan payments with maternity capital. The only thing you should know is a few nuances of this issue:

Monthly loan payments can only be used by working parents, one of whom is on parental leave;
Also, the question of which child is entitled to such benefits (for the second or third) has not been resolved.

The procedure for paying a loan for housing MK

If you, having become the owner of an MK, decided to use it to pay off a loan, then you first need to go to a financial institution where you need to write and provide several papers:

a document identifying the identity of the applicant;
certificate.

If everything is in order with the documents, then the banking specialist will issue a decision, where all the information on the loan will be indicated.

After that, you need to visit the PF with all the necessary documents. They will accept all the papers according to the inventory, provide a receipt. The decision on the application is taken about a month. After that, the citizen who submitted the package of papers will be informed about the decision made. If it is positive, then the received certificate from the PF must be immediately taken to the bank, where the amount can be transferred at your discretion to:

closing the debt, if there are enough funds;
reduction in the amount of monthly payments;
reduction of the loan term.

If the amount does not cover the entire debt, then it is important to sign a document where the new terms for depositing money will be indicated. If you have fully repaid the loan, then you have the right to demand from the bank a document confirming the absence of debt to the bank.

Legislative framework for repayment of an MC loan

Thanks to changes in 2017 in the family support program on the basis of and it became possible to use maternity capital to pay off housing. loan. This made it possible to:

When applying for a loan, pay the initial installment using the Certificate.
Pay off existing bank debt that arose before the birth of the second and subsequent children. You can pay MK both the principal amount and the percentage, but penalties and penalties cannot be repaid with family capital.
Invest in the construction of personal housing, both with the involvement of third-party companies, and on their own. If you choose this option, then the state first issues 50% of the amount, the rest can be received no earlier than 6 months, subject to confirmation of construction costs.

Features of repayment of a housing loan

When you decide that you want to pay off the mortgage with maternity capital immediately after the birth of a child, you need to take into account several nuances:

An application for receiving money can be canceled, but this is not possible if the funds have already been transferred to the bank. If there is a possibility of selling mortgage housing, then it is better not to use the MC funds, as permission from the board of trustees may be required.
The child can use the capital funds himself if he is over 23 years old, but if the parents have already lost the right to use the Certificate.
If you have repaid the full amount of the MK loan, then you can return part of the money using the return of insurance premiums.

What do banks think about this method of debt repayment?

Recently, many use and to pay off debt. The transfer can be made in ruble or currency equivalent, while the amount is credited both to the newly taken loan and to the existing one. Based on statistical data, we can conclude that those who settled with MK bank often ask to reduce their total debt without changing the amount of monthly installments.

If a the mortgage was issued to one of the spouses, in particular the husband, then you should first determine when it was issued:

before marriage;
married;
in a civil marriage.

Credit for property purchased before marriage, is considered wholly the property of the spouse. It is he who is the borrower on the loan and the sole owner of the property.

The same situation occurs if the spouses are not officially registered. The wife cannot claim the real estate of the common-law husband in any way. But there are also pluses. In case of default on the loan, she is not a co-borrower and should not give anything to the bank.

Important! If the loan was obtained in an official marriage, then in such a situation it does not matter which of the spouses is the borrower and which is the co-borrower. All joint property, including debts, is divided in half.

The spouse can safely claim half of all jointly acquired property.

The exceptions are those cases where the spouses signed a marriage contract, which indicated how the joint property will be divided and who will be considered its owner.

To whom to issue maternity capital?

By law Russian Federation such a subsidy given to a family in which a second or subsequent child is born. In order to obtain a certificate, it is necessary to submit a written application to the Pension Fund at the place of registration.

To whom to issue maternity capital, even if the mortgage is on the husband? The only owner of maternity capital is the woman who gave birth to children. It cannot be issued to another person. There are exceptions.

If the mother died

In this case, it is necessary submit all necessary documents to the Pension Fund and after the case has been resolved, the father or legal guardian of the children may receive the grant funds.

She was deprived of parental rights

In this case it is also necessary to collect the entire package of documents, proving this fact. After consideration of the issue, the certificate may be received by the father or legal guardian.

Can I pay off a home loan with a certificate?

What if the loan is issued to the spouse, and the certificate of maternity capital to the spouse? Let's look at some of the most common cases.

Important! If the husband purchased a mortgage before marriage, and it was partially or completely repaid with maternity capital, then he is obliged to allocate shares in the apartment to the children, but not to his wife. The spouse in this case cannot claim the property.

Maternity capital and mortgage payment.

What to do in a divorce situation?

Sometimes there are situations where families break up. If the spouses have or had a mortgage issued to the husband and repaid in part or in full at the expense of maternity capital, how will it be divided?

There are several options for the division of such real estate.

If the apartment was purchased during marriage, then it is divided into all family members. Children after making the certificate also have a share in the apartment. The parent with whom the children remain is entitled to their shares until they reach the age of majority.
If the housing was purchased before the conclusion of the marriage, but was partially or completely repaid with funds from maternity capital, then after the divorce, the children are entitled to a share in this apartment.
The wife, in the event that, according to the conclusion of the court, the children remain with her, reserves the right to live in this living space until the children come of age. She has no right to a share in the apartment.
The wife has the right to receive compensation in the amount of half the amount of money paid to pay off the mortgage for the period of official marriage. This money must be returned by the spouse after the official divorce.

A mortgage that was received by a spouse, can be repaid with capital. The main thing to remember is that in this case, not only the rights of the owners to the apartment change, but also the obligations of all family members.

Maternity capital on account of mortgage repayment in Sberbank

Many people are interested in how to pay off a mortgage with maternity capital in Sberbank? Families in Russia with the advent of a second or subsequent children gain the opportunity to resort to a method of state support - maternal (family) capital (MSK).

One of the most used options for this measure is to invest in mortgage loans to improve the living conditions of the family.

Due to the growing popularity of this type of lending, there is an interest in how to pay off a mortgage with maternity capital in Sberbank.

How to pay off a mortgage using maternity capital

There are several ways to spend MSC on paying a loan for real estate. After registration and the delivery procedure, the certificate can be spent on a down payment, as well as for early full or partial repayment of a housing loan at Sberbank.

The procedure and procedure for repaying a mortgage with maternity capital require the collection of numerous certificates and documentation. The list of securities submitted to the Pension Fund of the Russian Federation (PFRF) for the further opportunity to spend the MSC varies somewhat depending on the type of object being credited and the repayment option.

If at the time the right to use this measure of state support arises, the family is already paying off a housing loan, you will need to order a certificate from Sberbank on the balance of the debt and submit it to the Pension Fund of the Russian Federation, attaching all the required documentation, and declare your desire to transfer money.

Attention!

If the MSC funds are planned to be spent to make the first installment, along with the application and papers for considering a loan application and a certificate for mother capital, a certificate from the Pension Fund of the Russian Federation on the residual balance of the MSC funds should be presented. This will need to be done within 90 days after Sberbank makes a decision to approve the loan, and the document itself is valid for 30 days and is submitted to the bank along with the documentation for the loaned housing.

Upon approval of the PFRF application, the money is transferred to an account with Sberbank. The operation takes no more than 1 month and 10 days from the filing of an application for a certificate.

An indispensable obligation for the payment of a mortgage by mother capital is the condition for the location of real estate in the territory of the Russian Federation. In addition, the property must belong to the whole family in the order of shared ownership, or you will need to draw up a receipt for the mandatory inclusion of real estate in the common property and certify it with a notary.

When can I pay off the mortgage with maternity capital

Repayment of a mortgage with maternity capital in Sberbank is possible simultaneously with the appearance of a second or subsequent children, since spending MSCs on a down payment, early partial or full settlement of a housing loan is an exceptional situation and does not oblige the child, with the advent of which the right to demand a certificate, to reach a three-year age.

Given the above information, the use of maternity capital to pay off a mortgage at Sberbank is one of the most affordable options for Russian families raising 2 (or more) children.

What documents are needed for repayment of maternity capital

Simultaneously with the application for the intention to dispose of the mother's capital, a package of documents is provided to the FIU. For any method of using a certificate for calculating a mortgage loan, the main list includes:

the passport;
document on registration (stay or residence);
passport of the spouse (spouse) of the certificate holder, if he (she) is a party to the transaction;
marriage certificate;
if the application is submitted by a representative - his passport, as well as a notarized power of attorney for his authority;
insurance certificate of compulsory pension insurance of the MSK recipient.

In addition to the above documents for the first installment, you will need:

a copy of the contract for the acquisition of real estate (participation in shared construction or a building permit) issued to the recipient of the certificate;
an extract from the USRN on the rights of a person to the object of lending (unless the transfer of rights is provided only after paying the full cost) in the case of the purchase of a dwelling;
a document on payment for participation in shared construction and on the balance of the debt;
loan contract;
mortgage agreement;
the obligation to register housing acquired or built using MSC funds as joint property of the whole family, written and certified by a notary.

To make an early payment using a certificate, in addition to the main list of documents, the following are provided:

mortgage agreement;
loan contract;
a certificate from the Unified State Register of Real Estate Registration about the possession of property rights of all family members to the object of lending;
certificate of the amount of debt on the payment of mortgage interest and the amount of the principal debt;
a copy of the agreement for participation in shared construction or a copy of a construction permit - provided that the facility has not been put into operation;
a document on the crediting of the loan funds by bank transfer to an account with Sberbank opened by the recipient of the certificate or his spouse;
a written obligation to legislate the residential premises purchased or built with the help of MSC funds into the joint ownership of the family (spouses and children), written and certified by a notary.

Early repayment of a mortgage in Sberbank

Early repayment of a mortgage in Sberbank is carried out upon an application containing the following information: full name of the payer, number of the mortgage agreement, account for debiting money, amount and date of payment. At the same time, there is no commission for early repayment, as well as a limit on its volume.

If part of the MSC has already been spent on some needs, the remainder can be spent exclusively on payment on an already existing loan. An important note will be the mention that the maternity capital for payment of the initial installment of the mortgage in Sberbank can only be used in its entirety in the absence of debiting funds for other expenses.

Obtaining a new payment schedule or a certificate of loan repayment

Subject to the approval of the PFRF application for the desire to use the funds of the MSC and the transfer of maternity capital, Sberbank employees draw up a new payment schedule that reflects a decrease in the monthly payment, while the duration of payment does not change in any way.

Recipients of a certificate who are ready to send it for mortgage payments are often interested in the question of whether it is possible to reduce the mortgage term when using MSC.

It is worth noting that such an opportunity appeared in Sberbank quite recently and requires a personal appeal to the bank branch, where you need to draw up an application, expressing a desire for partial early repayment, indicating the need to reduce the loan term and maintain the amount of the monthly payment.

In a situation where there is a full early payment of the mortgage, the payer must receive a paper on the termination of debt obligations to Sberbank.

To do this, contact the bank employees to draw up an application that indicates the number of the loan agreement, the date of full repayment of the loan, the number and personal signature of the applicant.

Such a certificate will allow you to ensure your own peace of mind, as it documents the fulfillment of all debt obligations to the bank.

how to get a mortgage using maternity capital:

The procedure for repaying a mortgage of Sberbank with maternity capital

The maternity capital issued by the state has found its application in mortgage lending. So, thanks to this state support, it is possible to pay off an existing loan or make maternity capital as a down payment for a mortgage.

The convenience of using maternity capital lies in the fact that it can be cashed out at any time, that is, if the certificate was received when mortgage payments were already made, they can pay off the debt.

If the contract has not even been drawn up yet, a certificate of assignment of maternity capital can be issued as a down payment. Consider the procedure for paying off a mortgage debt at Sberbank.

Mortgage loans received both after and before the birth of the child for whom the certificate was issued can be fully or partially repaid with maternity capital.

Conditions for obtaining a mortgage under mat capital

Sberbank provides an opportunity to repay a mortgage with maternity capital, as well as apply for a loan using a certificate as a down payment.

The conditions for issuing a mortgage under maternity capital as a down payment are as follows:

interest rate 11-13%;
the loan amount varies between 300,000 - 15,000,000 rubles;
the amount of the first installment must be at least 20%, therefore, individuals who have a certificate cannot acquire very expensive real estate, since its size is not enough to pay 20% of the cost of housing;
the term of mortgage lending varies from one to 30 years;
no commission for loan processing;
a profitable program for people who receive wages on a Sberbank card;
provided for early repayment of the loan.

Sberbank also requires its customers to fulfill the following requirements:

at the time of issue, the age of the borrower must not be less than 21 years;
at the time of the last payment of the debt, the borrower must not be older than 75 years of age;
in the event that income has not been confirmed, the age of the borrower must not be older than 65 years;
work experience for the last 5 years and work experience of at least six months from the last workplace;
the presence of a co-borrower.

Interest rate

The interest rate depends on the period for which the mortgage was issued and the amount of the down payment. The shorter the term of payments on the debt and the higher the amount of the first installment, the lower the interest rate will be. Thus, in the case of a down payment of more than 50% for up to 10 years, the rate will be 11%.

With an increase in the term by 10 years, the loan rate increases by 0.25%. Such a system is available only for those who receive a salary on a Sberbank card (for payroll clients). For other categories, there are a number of allowances that vary between 0.5-1%.

At the same time, everyone can repay part of the debt or all (if the amount corresponds) with maternity capital.

Necessary documents for debt repayment

To repay the mortgage with maternity capital, documents are submitted to the Pension Fund, where, after consideration, a decision is made on approval or refusal. Most often, the Pension Fund approves this procedure, if all the information provided by the payer is reliable and in full.

Required documents:

passport of a citizen of the Russian Federation;
pension certificate;
certificate for maternity capital or its duplicate;
birth certificate of all children;
marriage certificate of the spouses;
mortgage agreement.

With a positive decision of the PF, cash immediately credited to the bank account in which the mortgage was taken. The transfer period takes no more than 10 days from the date of satisfaction of the application for repayment of the mortgage debt. If the loan has not yet been issued, then the certificate is used as a down payment.

It is possible to repay the mortgage with maternity capital only after the approval of the application for this action by the Pension Fund.

Payment via Sberbank online

Sberbank provides its customers with the opportunity to repay mortgage debt via the Internet using the Sberbank Online service, however, it is not immediately possible to deposit maternity capital funds in this way, since prior consent of the PF is required. Upon approval of an application for repayment of a loan for an apartment using maternity capital, an individual must come to the bank with the entire package of documents and complete the procedure there. This is necessary in order to protect the certificate from misuse. But pay off your mortgage debt with the funds available on credit card or Sberbank account through Personal Area Maybe. To use the service, you need a password and login to enter your personal account, so you need to register on the site in advance.

The step-by-step instructions for paying off debt through the Sberbank online service are as follows:

Log in to your personal account using your username and password.
Confirm login to the system through the received SMS code.
Next, you need to go to the "Credits" tab.
On the page that appears, select the required loan to repay.
Filling out the form indicating the amount to transfer funds.
Finally, you must confirm the operation.

Is it possible to get a tax deduction?

Receiving a tax deduction is possible only for interest expenses, therefore, in case of early repayment of the debt with the help of maternity capital, there is an option to receive interest back. But for this, the following conditions must be met:

the loan must be targeted;
the loan must be spent on the purchase of residential property;
receipt of a deduction for the costs of paying debts must be formalized in the same way as a property deduction.

Therefore, if the balance on the loan was a certificate of receipt of maternity capital, it is possible to receive a tax deduction.

When repaying a mortgage loan, it is possible to receive a tax deduction of 13%. This percentage is calculated based on the costs incurred to pay off the debt.

Required package of documents for processing a refund to receive a tax deduction:

passport of a citizen of the Russian Federation;
loan agreement;
certificate 2-NDFL;
declaration 3-NDFL;
application for the return of personal income tax;
current account statement;
mortgage payment schedule
certificate of interest paid.

Mortgage repayment by maternity capital in Sberbank

The provision of budget subsidies for mortgage payments is designed to help citizens solve the notorious housing problem. Repaying a mortgage with maternity capital at Sberbank is an excellent opportunity to solve the housing problem. To apply for a subsidy, you need to collect a set of papers and contact the FIU.

What is family equity?

Matkapital is one of the forms of material support that the state provides to mortgage borrowers. Large families and citizens who have adopted children receive a certificate for receiving money.

Budget funds are provided only to residents of the Russian Federation. Subsidies are not provided to borrowers who have taken advantage of other government support measures. The volume of mother's capital is 453 thousand rubles.

rubles (this amount is not indexed in accordance with the current legislation).

The capital can be spent for the following purposes:

Purchase of housing;
Construction of a house with the involvement of relevant companies;
Reconstruction of the apartment;
Payment for materials used during construction;
Repayment of the first installment and interest payments on the mortgage;
Depositing funds under an equity participation agreement;
Repayment of a share contribution (for clients of housing cooperatives);
Payment for tuition and accommodation in a student hostel (provided to students of educational institutions with state accreditation);
Payment of funds to organizations that are engaged in the supervision and care of children;
Purchase of goods that improve the quality of life of children with disabilities;
Replenishment of pension capital (investment can be carried out through private or public organizations).

Maternal capital can be spent on designated purposes after the child is three years old (with the exception of making the first installment on a mortgage loan, paying interest on a loan and social adaptation of boys and girls with disabilities). Mortgage repayment by maternity capital in Sberbank is carried out on the basis of an application signed by the owner of the certificate.

Recipients of maternity capital

The following persons can apply for a grant:

A citizen of the Russian Federation who has become a mother of many children (including adopted children). This rule has been in force since 2007;
A resident of Russia, recognized as the sole guardian of the child (relevant for the decisions of the judicial authorities that became legal after 2007);
Father of the child (a subsidy is issued to the head of the family if the mother of the children has died or was limited in parental rights);
A child under the age of majority or a full-time student. The subsidy is issued after the state ceases to transfer funds to the guardian.

The right to use budget money is certified by a document of a single sample. Mortgage repayment by maternity capital in Sberbank is carried out only if there is a paper certifying the right to receive a subvention. Forgery of state documents is prosecuted in accordance with the current legislation.

What papers do you need to collect for registration of maternity capital?

Mortgage repayment by maternity capital in Sberbank is carried out according to a certain algorithm. A candidate for a grant must bring the following papers to the office of the Pension Fund of Russia:

Written application;
Identification document;
Birth certificate of daughter or son;
Judicial decision on adoption;
Certificate confirming the citizenship of minors (provided in cases where one of the parents is a non-resident).

The originals of the listed documents remain with the applicant. Copies of papers must be provided to the FIU. The grant certificate is issued within 30 days. If a mother of many children does not have the opportunity to visit the FIU, then the paper will be sent to her by registered mail. The state structure allows the acceptance of digital applications (they can be sent through your personal account).

Mortgage repayment procedure

Mortgage repayment by maternity capital in Sberbank is carried out according to the following plan:

Contact the Sberbank branch for a certificate that contains data on the current mortgage debt;
The received document is provided to the FIU officer. After that, you need to sign an application for payment of the down payment with budget money.

Attached to the application:

Certificate;
Insurance number of an individual personal account;
Identity cards of citizens living in the credited apartment;
A notarized copy of the mortgage agreement duly registered;
Certificate confirming the rights of the owner of the premises;
Account statement (it indicates the balance of funds);
A written commitment confirming the intention to provide the premises in shared ownership (the paper is certified by a notary). The document obliges the borrower to allocate shares belonging to the spouse and minor owners within six months (an encumbrance is imposed on the property, which can be removed after obtaining permission from the guardianship authorities);
Extract from the house book.

The application is analyzed by the state organization within 60 days. If it is approved, the budget money will be transferred to a special account. If the submitted set of documents is incomplete, the Pension Fund will reject the application. The paperwork will have to be resubmitted. The presence of errors in the certificates can also lead to the rejection of the application.

Mortgage preferences provided to owners of maternity capital

Sberbank employees have developed a special program that allows you to repay the mortgage with maternity capital in Sberbank.

This loan has a number of advantages:

Low overpayment;
No commission costs;
Individual approach to the analysis of the application;
Discounts provided to participants of salary projects.

Funds from mother capital cannot be used to pay off penalty payments that are accrued in connection with a violation by the borrower of payment discipline. The recipient of the mortgage can issue a plastic card with a limit of up to 200 thousand rubles. The premises purchased by the spouses with the help of mother capital must be registered in joint shared ownership.

Mortgage and maternity capital: buying ready-made housing

This program is in great demand among young families. It has the following key features:

The loan is provided in Russian currency;
The loan is issued for a long period (up to 30 years);
The minimum loan amount is 300,000 rubles;
Mortgage interest rate starts from 8.6% per annum;
The loan is provided in a single payment or in installments;
The collateral for the loan can be a loaned apartment or other residential facility.

The purchase of a new residential facility should not impair the quality of life of children. The terms of the loan program allow the involvement of co-borrowers. Mortgage repayment by maternity capital in Sberbank is carried out in equal shares.

The loan can be obtained by applicants with a stable financial position and official employment. The borrower can return part of the interest paid on the mortgage. To do this, he must apply for a property deduction.

The maximum amount that the budget can reimburse is 260,000 rubles. Information on property deductions can be found on the portal of the Federal Tax Service.

Mortgage and mother capital: acquisition of housing under construction

The program allows you to buy an apartment or a room in a new house from a developer accredited by Sberbank (the client can study the offers of construction companies on the domclick.ru portal). Also, the borrower can purchase housing under a DDU agreement.

Lending terms:

The loan is issued in rubles;
The maximum loan amount depends on the appraised value of the mortgaged apartment (no more than 85% of the market price of the loaned premises);
The loan amount cannot be less than 300,000 rubles;
The maximum duration of the loan agreement is thirty years (12 years if the interest rate is financed by the construction company);
The amount of the first installment cannot be less than 15% of the price of the loaned premises (if the client has not provided a work book and a certificate in the form of 2-NDFL, then the amount of the first installment increases to 50%);
The loan rate starts from 7.4% per annum (the borrower who insures life receives a discount).

Mortgages can be issued by job seekers aged 21 and older. The spouse of a citizen who has issued a mortgage for the purchase of a house under construction automatically becomes a co-borrower (unless the marriage agreement provides for another form of disposing of joint financial obligations).

The future of maternity capital law

The Russian government plans to provide mortgage subsidies until 2021. The authorities want to expand the list of purposes for which maternity capital can be spent.

Young families will be able to transfer funds from mother's capital to pay for kindergarten services after the child is two years old. June 2018

The authorities passed a resolution allowing federal money to be used to refinance mortgages. The corresponding decree was signed by Russian Prime Minister Dmitry Medvedev.

Parents with a low level of income will be able to receive monthly payments from maternity capital. The Pension Fund plans to introduce a special hardware and software complex that will issue electronic certificates.

An applicant who wants to use budget subsidies will have to install an application on their smartphone that allows them to draw up paperwork remotely.

Mortgage repayment by maternity capital in Sberbank will be carried out in a few hours.

Local (regional) maternity capital

Each subject of the Russian Federation has its own regional program to support mothers with many children (regional maternity capital).

Local subsidies differ from federal ones in terms of payment, registration and use (local capital is usually paid at the birth of a third child).

Local subsidies can be used to buy an apartment, build a house, pay off interest on a mortgage, as well as major or current repairs of an apartment. Volume regional capital varies by region and local government policy.

How not to become a victim of scammers when transferring maternity capital?

The recipient of budget subsidies must remember that cashing out family capital will result in breaking the law. Russia is constantly prosecuting criminal cases related to misuse of subventions.

One should not succumb to the temptation of easy money and use the services of dubious citizens who offer to cash out state subsidies.

Also, do not contact real estate agencies offering to purchase housing at an inflated price.

Criminals often take advantage of the legal illiteracy of the population, offering certificate holders to receive "real money". Pseudo-lawyers ask for a "deposit" for their services. After a person gives money to scammers, he is asked to wait one month.

During this time, the criminals promise to settle all "legal issues" and cash out budget subsidy. A victim who pays a "commission" will never get the promised amount.

A deceived citizen will not go to court, as he understands the illegality of such "financial services".

Citizens who use materiel funds to buy property from their relatives endanger not only themselves, but also their loved ones. This action can be qualified as a fraud committed as part of an organized criminal group. Operations with family capital should be carried out only within the legal framework.

How to pay off a mortgage with maternity capital in Sberbank

One of the important measures of social security and assistance to Russian families was the state program for the provision of maternity or family capital, introduced in early 2007.

In 2017, it was extended until 2021. Today, the amount of maternity capital provided for the birth of a second child is a little more than 453 thousand rubles, which is a very serious amount.

One of the areas of spending these funds available under the current legislation is their use to repay a mortgage loan taken by one or both parents of a child for the purchase or construction of housing. In addition, it is allowed to use maternity capital as a down payment when applying for a new mortgage loan.

Features of the procedure

It is important to note that not all banks are ready to work according to this scheme.

Naturally, Sberbank, as the leader of the country's financial sector, is one of those credit institutions that are actively attracting maternity capital funds to participate in mortgage lending.

At the moment, Sberbank provides an opportunity to use maternity capital funds to repay an already taken loan or as part of the down payment under the following mortgage programs:

purchase of ready-made housing in the form of an apartment or a private house;
acquisition of housing in the form of an apartment or a private house at the construction stage;
construction of a country house.

Photo #1. Legal options for spending maternity capital in 2018

How to make maternity capital to pay off a mortgage

In the event that we are talking about repaying a mortgage loan, the procedure for obtaining permission from the Pension Fund of the Russian Federation is even simpler. It is enough to attach to the application a certificate from Sberbank on the amount of debt under a mortgage lending agreement, as well as a loan agreement necessary to confirm the type of loan received. The terms for consideration of the application and transfer of funds are similar to those described above.

Procedure

In order to use the funds of mother capital to repay a loan, permission from the Pension Fund of the Russian Federation is required. However, it makes sense to apply there only after receiving the necessary documents from Sberbank confirming the existence of a debt under a mortgage lending agreement. To do this, the following documents are submitted to the financial institution:

an application, which is filled out in the form of a bank, with a request to repay the mortgage in the amount of maternity capital ahead of schedule;
passport of the owner of the capital;
certificate confirming its existence.

Photo #2. One of the documents provided by the borrower

After reviewing the documents received, the Sberbank specialist issues a certificate to the client on the amount of the debt remaining at the time of treatment, both on the main loan and on accrued interest.

After that, you must contact the Pension Fund of the Russian Federation, also filling out an application, to which attach the received certificate and a copy of the loan agreement confirming its relationship to the mortgage. Within a month, the documents are considered by the Pension Fund. With a positive decision within another 30 days, the funds are transferred directly to Sberbank.

After their receipt, the bank and the client jointly determine how exactly the terms of the loan will be changed - its term, monthly payment will be reduced, or a combined option will be accepted.

Requirements and conditions

To obtain approval for the repayment of an existing mortgage agreement, the fulfillment of any additional conditions is not required. To use the funds in order to issue new loan To purchase a home, the child must reach the age of three.

Mortgage lending programs at Sberbank using maternity capital

As noted above, Sberbank allows various options for using maternity capital funds. This is one of the reasons for the popularity of mortgage lending in this particular financial organization.

Photo #3. Information on the Sberbank website on the possibility of using mother capital

For the purchase of finished housing

Buying a finished apartment will cost a little more than in a new building, since the interest rate starts from 9.1% with a down payment of 15%. A loan for the purchase of a finished private house will cost even more, the minimum rate for it is 9.5%, and the initial payment must be at least a quarter of the purchase price.

Naturally, these conditions are the most favorable and are provided to Sberbank clients, participants in its payroll projects, as well as borrowers who can confirm that they have a consistently high income. Anyone can easily find out the specific terms of the loan using a simple and convenient online calculator posted on the Sberbank website.

For the purchase of real estate under construction

The most favorable are the conditions that Sberbank offers when buying housing under construction. For example, when purchasing an apartment in a new building, the minimum interest rate at the beginning of 2018 is only 7.4% with an initial payment of 15%.

The least favorable are the terms of mortgage lending for the construction of a private residential building. In this case, the minimum interest rate is 10%, and the amount of the down payment is 25% of the loan amount.

Photo #4. Sberbank rules for the use of maternity capital

Matkapital as a down payment

The current legislation provides for the possibility of using mother capital funds for various types of mortgage lending only after obtaining the appropriate permission issued by the Pension Fund of Russia. However, it makes sense to apply to the Pension Fund of the Russian Federation only after prior consent has been received from Sberbank on the readiness to conclude a credit mortgage agreement.

A competent procedure that allows you to use the funds of mother capital to repay or arrange a mortgage provides for the consistent implementation of the following steps:

Filling out an application in the form of Sberbank at any of its offices or branches.
Provision of documents necessary for obtaining a mortgage, the list of which depends on the selected lending program.
Preparation and execution of documents related to the acquired property.
Conclusion of a loan agreement with Sberbank. Naturally, at the same time, a mortgage is issued for housing, after which it is also insured.
Submission of an application to the Pension Fund. In it, the owner of the mother's capital asks for permission to spend the funds as payment for the initial mortgage payment. Obviously, all the necessary documents from Sberbank are attached to the application.

The maximum period for consideration of an application stipulated by law is 30 days. With a positive decision, which is almost always made if the correct package of documents is submitted, the mother capital funds are transferred to the bank within the next month.

For the approval of the transaction by Sberbank, a potential borrower is required to provide the following package of documents:

an application from the owner of maternity capital, filled out in the form of a bank;
a statement from the co-borrower, pledgers or guarantors, if any, involved in the transaction;
documents proving the identity of the participants in the transaction;
documents confirming ownership of the property, which is issued as a pledge;
information about the employment, income and financial situation of the borrower, co-borrower and guarantors;
documents related to the object for the purchase of which a loan agreement is drawn up;
a certificate confirming the availability of maternity (family) capital, as well as a certificate of marriage and birth of a child.

Is it possible to repay a military mortgage with maternity capital in Sberbank?

One of the legal options for spending maternity capital is to pay off the so-called military mortgage, which is issued to participants in the NIS, that is, the savings and mortgage system of military personnel.

At the same time, depending on the form of participation of the mother capital owner in the NIS program, either the transfer of funds directly to his account or the repayment of his obligations to credit institution that issued him a targeted housing loan.

Advantages and disadvantages of a mortgage with mother capital in Sberbank

Using the financial resources of maternity capital to repay or apply for a mortgage loan, in fact, has the only drawback.

It consists in the need to confirm official sources of income, collect documents and spend a considerable amount of time.

However, today many documents can be received and submitted online, which greatly simplifies and speeds up the procedure.

Photo #5. Additional benefits of using mother capital

Otherwise, repaying a mortgage with mother capital or making it as a contribution to a loan at Sberbank provides certificate holders with obvious and very significant advantages, in particular:

the absence of any commission when applying for a loan;
Compulsory collateral insurance under the transaction, which protects both parties from possible negative force majeure circumstances;
the possibility of providing a mortgage on a mortgage both acquired and any other real estate;
favorable conditions offered by Sberbank, combined with the financially stable position of the credit institution;
the possibility of obtaining additional benefits when participating in salary projects or with long-term cooperation with a financial institution, etc.