Home » Business » Infonavit allows employees to choose the size and payment term of their housing loan

Infonavit allows employees to choose the size and payment term of their housing loan

People who have access to credit from the Institute of the National Housing Fund for Workers (Telephone details) are now able to choose the amount they want to request and the date to pay it, the institute announced this Tuesday.

Telephone details did the term and credit amountsso that people have control over their finances from the start and can better plan their family finances,” the Institute explained in a statement.

In addition, the new measure of flexibility in Infonavit credits which allows employees to set the file term in which they want to pay the requested amount.

“The workers will decide the time they want pay your mortgagewhich is It can be from 1 to 30 yearsfor the purchase and construction of houses, as well as to pay off a loan​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​for the purchase and construction of houses, “explained the Institute.

For example, with the new flexibility if it is in tu pre-qualification It turns out that you have access to a total loan of 800 thousand pesos, you can only take 500 thousand,” you decide,” explained Carlos Martínez, director of Infonavit.

“You also choose the term at which you want to pay, no more taking out your 30-year mortgage loan, you decide if you want 1, 5, 10, 15 or whatever period you want up to 30 years,” he said.

“When deciding the the amount and term you determine your monthly payment, With the term you can change what you can pay. Therefore, each loan is given according to the needs of each family,” he said on his social networks.

The institution said that the monthly payment for beneficiaries who earn up to the minimum wage will be up to 20% of their salary.

If you are an employee of Infonavit and want exercise your faith or you know the conditions of the amount, term and interest rate, you can enter the site My Infonavit Account to pre-approve yourself. The procedures are free.

2024-08-07 01:21:05
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