If the family income received gives the opportunity to save and something else for your No VIS home. One must then think about meeting important goals so that family welfare can be achieved .
Family income must exceed
They are homes with very special characteristics of habitability and construction. Because of its urban design, architectural quality, the value is between 135 smlv and 435 smlv. Family income must exceed eight current legal minimum wages (8 smlv).
According to BANE, in 2018, the acquisition of No VIS housing had a major influence on the development of the cities of the country. With an increase of 25.6%, it shows that Colombian households make an additional effort in the payment of their mortgage credit.
Aspects to consider when buying housing No VIS
For 2019, the National Government eliminated the interest rate subsidy. Therefore, you should consider having at least 30% of the total value of the No VIS Saved home.
You can use layoffs or AFC accounts to help you reach the initial fee. Since the acquisition of No VIS housing is financed, the best thing is to look for mortgage credit. These offer low interest rates and convenient cancellation deadlines.
Do not forget that you must have extra money for tax expenses when buying home with a mortgage loan.
Recommendations when purchasing a No VIS home loan
Keep in mind that these housing loans are established for a period exceeding 10 years. Therefore, you should be checking interest rates, as they fluctuate according to the economic effects of the country.
If you later have the possibility to make a portfolio purchase , be sure! To find the right time.
Additionally, choose to have your mortgage loan in pesos and not in UVRs. Since, inflation greatly affects the UVR system, and can end up canceling much more money.
For all this, the idea is that significant savings can be made when buying housing with mortgage credit. Well, with this increasingly difficult economy, it is essential to think about managing family finances well.