The market mortgage rate for a new building from VTB increased to 28.8%

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VTB raised the rate on market mortgages for new buildings. This is stated on the website of the credit institution.

Now the minimum rate for an apartment in the primary market is 28.8%. Borrowers can receive such a rate only if a number of conditions are met, otherwise it will grow.

So, the rate will increase by 0.2% if the loan amount is less than 25 million rubles (in Moscow and St. Petersburg) and less than 10 million rubles in other regions. If the initial payment is less than 20%, the rate will increase by 0.7%, in the absence of comprehensive insurance - by another 1%, with unconfirmed income and employment - by another 1%.