Tranche mortgage: a profitable loan without overpayments

Imagine: you buy an apartment in a new building, but you pay for it in installments, and interest is accrued only on the amount received. Does it sound profitable? This is a *tranche mortgage* – a smart way to get a loan without unnecessary overpayments! How does it work? The loan is not issued immediately, but in stages – in tranches. For example: 1️⃣ The first tranche is for the purchase of an apartment in a building under construction. 2️⃣ The second tranche is after the completion of the building (before that, you can pay a symbolic 1 ₽ per month!). 3️⃣ The third tranche is after the registration of the property. The trick: interest is charged only on the received part, and not on the entire amount – this can significantly reduce the overpayment. Why is it profitable? ???? Less risks – if the construction is delayed, you will not overpay for the "air". Flexibility – you can switch to a regular mortgage at the base rate at any time (currently 18%, but when it drops, your payment will become even lower!). Apartment at the "old" price – even if the market grows, you will fix the cost at the time of the first tranche. Where is it used? Construction projects – the developer receives money in stages, and you receive protection from risks. Commercial real estate – for example, during the construction of a business center. Government–backed mortgages - sometimes payments are tied to construction stages. Tranche vs Regular mortgage Trench / Base The entire amount at once / Money in installments interest on the entire amount / Interest only on the received tranche the risk of overpaying for "unfinished construction" / Payment is only for the actual construction stages If you want to use a tranche mortgage, then you need to remember that the conditions for banks and developers are different, you can ask me which of the developers offers what conditions, as well as who they will be the most profitable for. Maralin Saliy Vesta company's new building expert ???? Get a free consultation