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Mortgage Loans - Rates & Charges
 
 
   
 
  Following are the rates and charges for Mortgage Loans:

Rate of interest for all categories 5 - 10 years 10.50%
11-15 years 11.00%
16-20 years 11.50%
Fees Consideration fees 1000 rubles, payable at the time of application. This amount is non refundable.
Administration fees 1.0% of the loan amount, payable at the time of disbursement subject to a minimum of 200 USD and a maximum of 1500 USD.
 
Other charges:
Prepayment charges 2% of the amount pre paid within first 12 months from the date of disbursement.

0% prepenalty fees after 12 months from the date of disbursement.
Delay charges 0.1% on daily basis.
Safe box charges 2200 rubles ( all inclusive ) per month for 40 days.
Insurance agreements Charges as applied by the Insurance company.
Property Valuation Report Charges as applied by the property evaluation company.
Notary charges Charges as applied by the notary agency.

 
     
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