6 min read
2026-01-25
The larger the down payment, the lower the interest rate and the lower the overpayment. The optimal size is 20-30% of the cost of housing.
A difference of 0.5% per annum over a long period gives tangible savings:
Loan 5,000,000 ₽ for 20 years at 10% → overpayment ~5,900,000 ₽
Loan 5,000,000 ₽ for 20 years at 9.5% → overpayment ~5,500,000 ₽
Savings: ~400,000 ₽
Insurance (annually)
Appraisal of the apartment
Notary services and registration
Realtor commission
You can return up to RUB 260,000 for the purchase of a home and up to RUB 390,000 for mortgage interest.
If rates have dropped, refinancing can reduce your monthly payment and overall overpayment.
The optimal period is 15-20 years. Over 30 years, the overpayment can exceed the cost of the apartment by 2-3 times.
See also: Loan calculator, Salary calculator