Safe Credit 2 Percent: Government Program for First Apartment Loans

From July, people who want to take out a loan for their first apartment will be able to take advantage of government program “Safe Credit 2 percent”.

“The subsidy for housing loan installments is the difference between the fixed rate determined on the basis of the average interest rate on fixed-rate loans in lending banks, and the interest rate on the loan at the rate of 2 percent.” reminds the ministry.

The project is aimed to people up to 45 years of agewho do not yet have their own apartment.

– I am extremely excited that I will finally have my own place – said Klaudia Krzak in “Wydarzenia”, who has already signed a reservation contract. The woman decided to buy an apartment in Krakow. He has to take out a loan for 400,000 for a 34-meter apartment. zloty.

– It’s the hardest to buy first apartment – emphasized Waldemar Buda, Minister of Development and Technology.

“Safe loan 2 percent.” What is it about?

“Safe Credit” is all about fixed interest rate of 2 percent for 10 years. The limit for one person is 500,000. PLN, and for families it is 100 thousand. PLN higher. The program includes loans for both new apartmentsas well as from secondary market.

There is no price limit per square meter.

Government representatives emphasize that there are no limits to the number of applicants for support. – It cannot turn out that in December, for example, there were no funds for this purpose. We do not have a limit for 2023 – assured Buda and added that “this is not a luxury program, but a first necessity”.

To be able to use it, you must have creditworthiness.

After 10 years, the interest rate returns to the market standardwhile with a 2% loan, the customer will pay back more during this time borrowed capital.

The first banks are launching offer

He will participate in the program seven banks, but their offers will not start at the same time. The ones with will be the first to turn on participation of the State Treasury.

– There was little time to prepare in terms of the entire organization, logistics, so not all banks will be ready on July 1 – noted Tadeusz Białek, president of the Polish Bank Association.

ap/ac/polsatnews.pl

2023-06-27 18:59:00
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