The interest rate on state mortgage loans decreases

The mortgage loan interest rates allocated from the funds of the mortgage refinancing company in Uzbekistan have been reduced. This was reported by the press service of the "Uzbekistan Mortgage Refinancing Company" JSC.

^{Photo: Press service of the "Uzbekistan Mortgage Refinancing Company" JSC}
The interest rate for mortgage loans allocated for purchasing housing from the primary market has been reduced by 2 points.

Now, this loan interest rate is set at the Central Bank's base rate + 6 percent (previously it was base rate + 8 percent). Today, this equals 19.5 percent.

Brief terms of the loan:
- term – 20 years;
- down payment – at least 25 percent;
- loan interest – 19.5 percent.

Maximum amounts:
- for the Republic of Karakalpakstan and regions – 500 million soums;
- in Tashkent city – 800 million soums.