Everything you need to know about the NEW HOME program

Recently launched program ”The New House” come with a higher level
financing that the bank can grant to an eligible beneficiary.
If you want to buy a home, you will find in the residential portfolio
Impact Developer & Contractor numerous attractive options in
the framework of the large Greenfield and Luxuria projects. 

The New House is newa collateral scheme for
state-sponsored mortgage credit that replaces
programs ”First House” and ”Oh Family, Oh Home”. The most important novelty of
The program's purpose is to modify the advance payment made by the beneficiary, in
function of the value of the eligible dwelling ”The New House”. 

Thus, they will be able
purchased housing
have been consolidated in the last 5 years with a value of
maximum of 70,000 euros, equivalent in lei at the valid BNR exchange rate
the date of signing the sales agreement, with a down payment of
5%. At this price, the maximum loan amount offered by the bank amounts to
the 66,500 euros and the state guarantee percentage
is a maximum of 50%. In addition, new homes may be purchased or
consolidated in the last 5 years, with a maximum value of 140,000 euros,
equivalent in lei, at the BNR exchange rate valid on the date of conclusion
the purchase and sale agreement, with a minimum down payment of 15%. At this price,
The maximum credit level offered by the bank amounts to 119,000 euros.,
and the percentage of the state guarantee increases to 60% of the loan amount. 

Degree of immediacypray for a loan
mortgage ”The New House”
may be up to 45% of the program beneficiary's monthly net income,
and the documentation that underpins the revenue analysis is
simplified if revenues are reported to ANAF.  

A quick calculation shows thatapproximately 2,900 lei
this is the lunar rate that will have to be paid for a 30-day loan
even in the case of a new apartment costing 140,000 euros. This is
the maximum level of state-guaranteed bank financing through ”The New House”. 

Purchase options in
Greenfield 

Can we do a short exercise
to see the investment required for the acquisition of a new apartment in Bucharest North, more precisely in residential complex
Greenfield Băneasa, through the program ”The New House”. 

For example, we have a finished 3-room apartment and a
total built-up area of 94 square meters.
This has a starting price of 92,985 euros, to which we will add a VAT of 5% (4,649 euros), as follows
so that the final price will be 97,634 euros. The required down payment of 15%
for this apartment will be 14,645 euros, and from the bank you will have to
obtain a difference of €82,989. For this amount, a loan
mortgage in the Program „The New House”,at 30 years old, with an annual effective rate (AER)
of 4,69% will have a monthly payment of approximately 2,000 lei. The income
eligible for such credit will be the
about 4,450 lei. 

We can still choose a 2-room apartment 64 square meters to
a price starting from 71,357 euros. We add VAT of 5%, or 3,367 euros, and
This brings us to the final price of 74,724 euros. The minimum down payment is 15%
for housing will be 11,208 euros, and the difference of 63,516 will
must be covered by bank financing. For this amount,
a mortgage loan „ The New House”, for 30 years, with an annual effective interest rate (APR) of 4.69%, will
had a monthly installment of approximately 1,539 lei. The eligible income
The monthly payment for such a loan will be 3,420 lei. 

Purchase variation in
complexl Luxuria

Îin the Exhibition area
In the capital, Impact Developer & Contractor has completed the first phase of
the Luxuria Domenii Residence premium project, which comprises 232
apartments. The residential project is developed in 3 phases and will be
delivered a total of 630 apartments. 

In the complex there are dwellings that
can be purchased with a bank loan through the program ”New
House”. Thus, a studio with a garden in
total surface area of 56.63
square meters has a price starting from 114,798 euros. We add a VAT
19%, or 21,811 euros, and the final price of the home is
136,609 euros. The advance payment of 15% will amount to 20,491 euros,
and the difference of 116,118 euros will have to be covered by a
mortgage loan.  For this value, a credit
mortgage „The New House” P
A 30-year loan with an annual percentage rate (APR) of 4.69% will have a monthly payment of
of approximately 2,814 lei. This means that the minimum income
eligible for such a loan will be 6,253 lei. 

In Luxuria, a 2-bedroom apartment
rooms for 65
square meters with a price starting from 117,975 euros. VAT will be
19%, or 22,415 euros, which means that the final price of the
apartamentului se ridică la 140.390 de euro. Avansul minim de 15% pentru
locuință va fi de 21.058 de euro, diferența de 119.332 de
euro va fi asigurată print-un credit bancar. Pentru această
valoare, un credit ipotecar pe 30 de ani, cu o dobândă anuală efectivă
(DAE) de 4,69%, va avea o rată lunară de aproximativ 2.906 de lei. Pentru
a obține creditul, venitul minim eligibil va fi de 6.457 de lei. 

Calculele privind costurile
finanțării am
orientative, iar condițiile clare de creditare vor putea fi obținute doar
în urma unei discuții cu specialiștii noștri din domeniul intermedierii
financiare sau cu instituția bancară. Între timp, puteți afla mai
multe de la consultanții noștri despre oportunitățile de achiziție în
proiectele Greenfield and Luxury.