The 2025 Budget Bill introduces a significant measure for large families: the introduction of a subsidized mortgage.
This initiative is part of the policies of family support and the birth rate promoted by the Meloni Government, with the aim of alleviating the economic difficulties of those who have a large number of children.
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Article 17 of the Budget Bill provides for a substantial increase in Guarantee fund for the first homewith a budget of 130 million euros for 2025 and 270 million euros for each of the following years until 2027. This state guarantee can cover up to 90% of the mortgage valuemaking buying a home more accessible for large families, who often face obstacles in the credit sector due to financial institutions’ concerns about their solvency capacity.
Conditions for accessing the subsidized mortgage
The conditions for accessing this subsidized mortgage are closely linked both to the number of dependent children and to the value of theIseethe indicator of the equivalent economic situation. The ISEE thresholds expected to benefit from this measure are as follows:
- Up to 40,000 euros for families with 3 children under the age of 21.
- Up to 45,000 euros for families with 4 children under 21 years of age.
- Up to 50,000 euros for families with 5 or more children under the age of 21.
In terms of the Fund’s guarantee, it applies to loans that cover more than 80% of the purchase price of the property, including ancillary charges. The amount of the guarantee varies based on the number of children:
- 80% of the principal amount for families with 3 children.
- 85% of the principal amount for families with 4 children.
- 90% of the principal amount for families with 5 or more children.
A crucial aspect of this measure is that the amount of the guaranteed loan cannot exceed 250,000 euros. Furthermore, the legislation prevents banks from requesting personal guarantees in addition to that provided by the First Home Guarantee Fund. This represents a significant advantage for large familiesas it reduces the weight of the economic guarantees necessary to obtain a mortgage.
subsidized home loan (ispacnr.it)
Another interesting feature is that the benefits of the subsidized mortgage they are not lost in case of subrogation of the mortgage. Subrogation, which allows borrowers to renegotiate mortgage terms with another bank, may be particularly advantageous if interest rates fall in the coming years. Currently, rates are still influenced by the medium-high levels set by the ECB, although there are signs of a gradual decline.
This legislative measure not only facilitates access to credit for large families, but also represents a birth incentive and concrete support for those who decide to have more children. This is a significant step towards improving the living conditions of many families, allowing them to realize the dream of owning your own home without having to face insurmountable obstacles. By extending these guarantees until 2027, the Government aims to provide a long-lasting and sustainable support to Italian families, while encouraging positive demographic growth.
