According to the Minister of Finance of Ukraine Serhiy Marchenko, the Affordable Mortgage lending program will be implemented next year. It assumes that the down payment will be 20% and the rate 5-7% per annum. Loans of up to two million hryvnias are planned to be issued for a period of 5-20 years.
But the programs have their limitations. So the area of the apartment should be no more than fifty-two square meters. The primary housing market will be considered first.
The Ministry of Finance also offers, as an alternative, financial leasing without paying a down payment for up to 20 years at a rate of 5% per annum.
Ukraine already plans to issue 12.5 thousand mortgage loans and purchase 18.8 thousand apartments under financial leasing.