Resumo de Mortgage Loan: How Much This To As Does Stand In Actuali?

MORTGAGE LOAN: how much this to us does stand in actuality?

Abstract tipe: abstract on English
Written on Russian by GOLDH.Translated by MIKEMAR.Ogust,25,2006.
Kategory: advices how to purchase a house

Dream of young pair ?to purchase a house. On the market for mortgage loans are loans on the varied conditions. It is possible to obtain mortgage loan under a constant percentage, attached to the index of consumer prices (4,5% - 5% per year), variable percentage, the interest rate, a constant percentage, not attached to the index of consumer prices, dollar percentage. General in all these forms of percentages - expected inflation in the fixed measure for the duration of the period of payment and the system of calculation.
The young pair of thirty years decides to purchase the apartment, which costs 160000 dollars. From the economy, with the aid of the parents, grand-dads and grandmothers, inheritance from them the pair collects 80000 dollars. They request loan to 20 years in the amount of 80000 dollars. With constant annual percentage 7%, monthly payment for entire period of loan will be 2791 shekels, and total sum will be 669840 shekels (1,86 times more). The gross value addition of life insurance and apartment - about 2000 shekels per year, about 1500 shekels per year to the operations of property, the repair, the pipes and the like the total cost of loan to 20 years - 760000 shekels.
Another pair at the age of 30 years, which possesses similar capital (80000 dollars), decided to hire apartment with the monthly pay of 650 dollars and the agreement about to 10 years. This pair does not pay for the operation of real estate, for the insurance of house, life insurance and other expenditures, which there is in the owner of property; therefore monthly payment of this pair will be 2925 shekels. To 150 shekels less than in the first pair and moreover one may to assume that hired apartment will be at the lowest level, than purchased. In parallel this pair turned for the consultation regarding the contribution of its own capital to the solid program, which promises income without the risk. They decided to put their money into the treasury bonds of Israel, which promise income 6,5% to 10 years. After 10 years at the disposal of our pair there will be 676000 shekels. It is very important to know, that with the years the inflation of shekel is more rapid than the exchange value of dollar, therefore, although the purchase of apartment and the payment to hire of apartment in Israel based on dollar, the one who makes it in shekels, wins more. In several years was formed the scarcity of apartments to hire out; therefore prices of the apartments considerably grew. With the aid of the agreement to hire an apartments for the prolonged period with the option of its curtailment you can protect prices in the very clever form, simple and effective.
With the purchase of house exists sufficiently many parameters, which it is worthwhile to consider: advantage, price, the cost of operation, kindergartens, school, local plans, neighbors and the type of population, portions of the payment and other factors. The risk of any complications is great with the purchase of apartment: noisy neighbors, who were moved somewhat later, district changes in the municipality and the probability of difficulties in the payment of mortgage loan. In the considered above example it is accepted the price of standard apartment in the center of the country. Than the price of real estate is above, assuming that you have our own capital in the size not less than 40% of the cost of apartment, the economic advantage of the hired apartment is more. In the study, which preceded writing this article, the author met with many people - the owners of apartments in the different regions, such as Tsiona, Rekhovot, Rishon letsion, Petakh tikva, Givataim, Gertselija, Natanija and other part of realestate owners, firstbragged, that they completed the transaction of the life: purchased two years ago apartment for 170000 dollars, and now it costs 200000 - 210000 dollars. To a question of the author:from where you do know that this is today's price? they answered: Similar houses in this region sell on this price (everybody they answered equally). The author asked: Why do you not sell? Indeed this is excellent - to sell with gain 20%. And here continued the question: If you sell, then that you will purchase? General answer-deep hitch. It is clear that they do not have answer. It is correct on the paper, apartments in this region became dearly, as is evident transaction was advantageous, your apartment cost comparatively less than it cost now at market, but from other side, on your apartment will hang mortgage loan to 20 years and maintenance costs of 3200 shekels per month (about 710 dollars). But if you want to propose your apartment for the market for dwelling, then you will at best obtain 550 - 600 dollars! This means that you could pay less each month, and your own capital would bring to you percentages, instead of the fact that you pay.The author will be glad to recommend specialists, to help to accept valid solution. Article is taken from the Internet site the www.mbins.co.il, of Brukhshtejn insurance and finances.Abstrakt on Russian was written by author Golodh.

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