Belarusbank's October Promotion: New Constructions Get Big Rate Cut
Belarusbank is set to launch a 'credit news' in October for new constructions, offering a reduced interest rate. The 'credit news', announced by blogger Natalia Litovsky, is expected to be officially announced tomorrow. Currently, Belarusbank's rates for housing improvements stand at 13.5% for developers and 14.5% for individuals. Those without 'credit karma' face higher rates, ranging from 16.4% to 17.4%. The upcoming 'credit news', however, brings a significant decrease of 2.65 percentage points for those eager to improve their housing conditions. The 'credit news' offers a rate of 9.75% plus 4 percentage points for new constructions from developers. This means a substantial saving over the long term. For instance, on a 100,000 ruble credit over 20 years, the 'credit news' could result in savings of approximately 37,000 rubles. Belarusbank's 'credit news' for new constructions, set to launch in October, promises substantial savings for those seeking to improve their housing conditions. The 'credit news' offers a reduced rate of 13.75%, a significant decrease from current rates. With potential savings of around 37,000 rubles on a 100,000 ruble credit over 20 years, the 'credit news' is expected to be a welcome opportunity for many.
