Its own house is its own fortress – the proverb says, and it is true. After all, it is so nice to come after a hard working day, knowing that your beloved wife or husband awaits you at home. At home, even problems recede into the background and already seem so terrible and irresistible. But to get your apartment or, moreover, the house in today’s conditions is a very difficult task. After all, there are square meters, oh how, not cheap. Although, of course, you can take a loan. Moreover, banks are simply full of offers about mortgage lending. But then the following question arises: how to choose the best bank with the most favorable conditions. And also calculate whether you can pay the right amount for many years.
Broaches advise not to pay attention to the alluring advertising and the happy faces of those who have already acquired housing and appear in the video. They are just designed for influence at the subconscious level: someone is already happy, and I also want. Emotions in this case should take the background. And when choosing a bank, only cold and sober calculation should be.
Firstly, you need to pay attention to how much time the bank exists, how long it issues such loans. Experts also advise asking friends: did they take loans there and are happy with the conditions. You should not be too lazy and visit the relevant forums, as a rule, you can learn a lot of interesting things on them about the bank and its ways to work with clients.
Secondly, ask not only to show a typical mortgage agreement, but also take it with you. If you are refused this, you should already be wary, then the bank can hide something, and its contracts are designed to instantly sign them without hesitation.
Thirdly, if the contract is in your hands, do not be lazy to study it in detail and, if necessary, even show the expert. There is nothing reprehensible in this, because you are linking yourself by obligations for several years, and you must have the most complete information about what you get involved in.
Fourth, together with a specialist, calculate the interest that you will have to pay, and the body of the loan and analyze whether you can pay such an amount. In addition, you need to clearly understand that a mortgage loan is taken for years, and during this time everything can happen. Let’s say you can lose your job – how to be in such cases, and what to do? Do not be lazy and are not ashamed to ask questions of such a nature to your financial consultant. After all, the bank is also not interested in not being returned to him. Take an interest in whether it can provide you with a credit vacation for a long time under force majeure or make a deferred payment. And yet, pay attention to the sanctions that the bank applies if you have not paid on time on the loan.
If, under a detailed analysis of the terms of the bank and your financial situation, you understand that you can “not pull” such a loan agreement, it is better not to risk. After all, there were cases that after the borrowers paid loans for several years, and then lost their jobs and could not pay them further, they took away housing. In this case, they found themselves without money and without an apartment. “But what about the dream of your house, about your fortress?» – you ask. There is a way out – you can rent a house or apartment for some time, dig money and buy your own housing then. In this case, the wolves will be full and the sheep are intact.