State Mortgage Loan Interest Rate Reduced
Uzbekistan
In Uzbekistan, interest rates on mortgage loans issued using the funds of the Mortgage Refinancing Company have been reduced. This was reported by the press service of the Joint-Stock Company "Uzbekistan Mortgage Refinancing Company."
The interest rate on mortgage loans allocated for purchasing housing in the primary market using the company’s funds has been reduced by 2 percentage points.
Now, the interest rate for this loan is set at the Central Bank's base rate + 6% (previously, it was the base rate + 8%). As of today, this equals 19.5%.
Brief Loan Terms:
Term – 20 years
Initial payment – at least 25%
Interest rate – 19.5%
Maximum loan amount:
For the Republic of Karakalpakstan and regions – 500 million UZS
For Tashkent city – 800 million UZS
Now, the interest rate for this loan is set at the Central Bank's base rate + 6% (previously, it was the base rate + 8%). As of today, this equals 19.5%.
Brief Loan Terms:
Term – 20 years
Initial payment – at least 25%
Interest rate – 19.5%
Maximum loan amount:
For the Republic of Karakalpakstan and regions – 500 million UZS
For Tashkent city – 800 million UZS
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