An increasing number of our compatriots are interested in the question of what is more profitable to save their own money or contact the bank structure for a loan?
Another portion of information about a small, but confident, growth of real rates on mortgage loans, once again makes you think: is there any meaning in our country to issue mortgage loans.
In the pre -crisis period of time (before the financial complexity of 2008), potential customers lured potential customers with a logical chain: you rent an apartment, for which you pay money, but it’s easier to pay the appropriate financial resources, but for your own apartment, because housing is constantly growing up. The validity of the economic efficiency of such a logical conclusion was confirmed by simple calculations. At the same time, against the backdrop of the fact that residential real estate did not grow up rapidly, the logic and validity of calculations is subjected to great doubts. Now the statement begins to gain popularity that it is much more profitable to save money for your own apartment, renting someone else’s. What is really more profitable – to save money or take credit loans?
It will be enough to conduct calculations easily: the family rents an apartment, and transfers all available financial savings to a deposit bank account at 18 percent in annual terms. In just one decade, you can get about 215 thousand hryvnias, and after 13 and all 280. Therefore, for the period 13 years can be accumulated for the apartment. After all, deposits do not just lie on the account, percentage growth can subsequently be transferred monthly to the account of the same deposit, the economic benefit of the deposit will be more pronounced.