vacation · child · mortgage (каникулы · ребёнок · ипотечный)
Putin signed a law granting mortgage holidays for up to 18 months to families with children. The new law allows citizens to take mortgage holidays for up to 18 months upon the birth or adoption of their second child or subsequent children.
Consensus
- President of Russia Vladimir Putin signed a law allowing families with two or more children to take mortgage holidays for up to 18 months
- The new legislation will come into effect on September 1, 2026
- The holiday period cannot exceed 18 months and must end no later than when the second child reaches 1.5 years old, or 18 months after adoption
- Interest is not charged during the first six months of the holiday period
- Starting from the seventh month, interest on the remaining principal debt will be calculated at the rate that was in effect before the holiday began and must be paid after the end of the holiday period
Points of divergence
- Interest is charged from the seventh to the eighteenth month, with payments made later in equal installments after full repayment of obligations under the contract — kommersant
- Interest will not be charged only for the first six months; it begins on the seventh month but is paid at a later date — fontanka
- The interest rate applied during the holiday period remains unchanged from before the start of the holiday, and payments are made after full repayment of obligations under the contract — vedomosti
- Interest begins to accrue starting from the seventh month but is only paid upon completion of the holiday period — vm
- The interest rate applied during the holiday period remains unchanged, and payments are made after full repayment of obligations under the contract — interfax
Coverage (6 sources)
Key entities