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Mortgage Fund most often lends in apartments for this amount - Table

26.02.2020,17:37


February 26, Fineko/abc.az. The main place in the portfolio of the Azerbaijan Mortgage & Credit Guarantee Fund belongs to loans in the amount of 60,000-90,000 manats.

ABC.AZ reports with reference to AMCGF's data that the mortgage loans made up 37.41% or 756,979,491 manats of the Fund's portfolio. The minimum share in the portfolio (0.57% or 11,602,560 manats) consists of mortgages for up to 30,000 manats.

It should be noted that currently mortgage loans up to 150,000 manats are given for a maximum of 25 years with minimum initial payment of 15%. The annual interest rate is 8% on guaranteed loans and 7% on unsecured loans.

Distribution of the share of the value of the mortgage item in the AMCGF portfolio as of 30 January 2019:

Cost of the mortgage item, AZN Share in the portfolio, AZN Share in the portfolio, %
1 60 000-90 000 756 979 491 37,41
2 30 000- 60 000 516 908 751 25,54
3 120 000 433 608 103 21,43
4 90 000-120 000 304 617 908 15,05
5 30 000 11 602 560 0,57