For young people , buying a dream home, especially in the big cities of the Belpaese, often turns out to be a mirage. And we need to pay attention, because sometimes the installments can be so high that it risks to be walled by its investment on the brick. However, of loans for the first young home loan there are several . We would like to point out to you for the occasion some commercial proposals to read carefully and to keep in hand, if you are willing, alone or in pairs, to buy the first house.
The subject is very current. It is no coincidence that, at the moment, 60% of mortgage applications for a home have the real protagonist in the first house . In most cases, the mortgage covers 4/5 of the value of the property, that is 80%, but there are cases, especially in pairs, where 100% of its value is required, naturally aware of the fact that interest rates will be higher and that the monthly installments will be heavier.
From the first property to the bank
Once the property has been chosen, it is necessary to evaluate the general conditions for the first mortgage proposed by the various banks. Using online comparators and getting various quotes is very wise choice. Leafing through the daisy, in fact, you can evaluate the best conditions that are not erga omnes, because of the subjectivity of the various factors that affect the choice phase , the number of people willing to take the first home to their income, what they actually mean deposit each month for the duration of the amortization plan , without forgetting in the eventuality the maxi- mate initial payment to be paid.
First Home Loan: What facilities does the law provide?
Specifically, having an accurate knowledge of the state facilities for the mortgage on the first house, namely to be informed about the requirements that identify the property , as a first residence and that actually allow to obtain the appropriate benefits, is very useful in optics for obtaining financial benefits and benefits. We speak of the first house if the property is purchased by an individual who does not own another house in the same municipality and if it does not fall into the category of luxury properties . If you own another home in a different municipality and have already benefited from this tax incentive, you can not enjoy it for the second time. In the circumstance in which you have the residence in another commune and you intend to buy house in another place, you have time 18 months to proceed to the transfer of the same near the deed. Otherwise, you will not be able to benefit from the first home incentives.
Service Tax Tasi and not only
There are various cases in which the Municipalities can recognize the noteworthy Tax Tax Service deduction, related to the mortgage interest. However, it depends on the municipality. Interesting tax benefits also include costs for investigations, various bank appraisals, mortgage fees, costs for notary deeds, which are of crucial importance for the provision of the loan.
What expenses do not fall under the tax breaks of the first home loan? The costs of the notarial deed concerning the sale of the first property are not included in the cost reductions. The maximum sum recognized for ancillary costs is 4,000 euros maximum . The beneficiary can clearly be solely and exclusively the holder of the first home loan. Finally, a special case is that of the registration tax of a proportional nature, whose value can never be less than 1,000 euros.
What are the best offers for mortgages for the first home purchase? For the disbursement of a loan amounting to 100,000 euros, which means that 50% of the first house has already been paid with the initial maxi installment, Credem and Widiba propose valid proposals for fixed-rate mortgages.
- With Credem , the TAN and the APR for the first home purchase correspond to 1.77% and 2.09%. Each monthly payment costs € 358.22. Then there are costs to be added, such as the cost of the preliminary investigation, equal to 1% of the amount disbursed with a minimum value of 1,200 euros, 280 euros for the appraisal costs and 39 euros of commission each year for the management of the case.
- With WIDIBA , the TAN and TAG for the purchase of the first property are 2.05% and 2.09% respectively. Being a 100% digital mortgage of additional costs and hidden expense items there is not the slightest trace: zero cost of the costs for the investigation and the expertise. The mortgage of the first house, still at a fixed rate, has monthly installments worth € 372.33.