Many young families in Ukraine live with their parents or in a rented accommodation. This is due to the lack of the opportunity to purchase their own square meters. At best, the apartment went to grandparents, but only 5% of young families are ready to buy an object in a new building..

For many, a tendency to live with parents or on removable housing is standard. However, after living the first year in new square meters, the opinion changes dramatically. With an average and stable earnings to save for an apartment in the regional centers will have about 7 years (at best). This is possible only if the family does not pay for the rental of real estate, and lives with parents or relatives.

Tips: how to save for your own home Do not count the tips described below as trivial or basic. So consider those who did not use them, and continues to live in a rented apartment.

Tip 1: Do not rent expensive housing if there is no possibility of living with parents.

Everyone wants to improve their housing conditions, therefore it is considered permissible to give up to 70% of family earnings for renting housing so that the remaining 30% will cover basic expenses. However, with such a structure of expenses, it is impossible to defer funds for own housing or even for a good vacation abroad.

Tip 2: to buy, choose the available options located outside the city (such apartments are 20-30% cheaper than real estate in the city).

Tip 3: accumulate half the cost - the second part can be issued a loan (many developers of new buildings cooperate with banks, so you can issue a loan or even installment for several years without problems and bureaucracy).

Half of the cost of the object in the regional centers is an average of 250-300 thousand hryvnia. Postponing 4 thousand a month, you can save for 5 years for the first payment. Simple mathematical calculations show that personal housing for 5 years - this is real, even if after that it will take some time to pay extra for the loan.

A hryvnia mortgage loan An important detail: a mortgage or installment plan must be executed in the national currency. There is no single rule in which banks or developers issue loans in dollars or euros. Take the opportunity to repay the debt in hryvnia to protect yourself against currency jumps.

Source: ugo-zapad. ua.