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Discover how to simulate real estate financing through the Minha Casa, Minha Vida program without having to leave the comfort of your home!
Last Friday (7), the Federal Government implemented new regulations for the Minha Casa, Minha Vida program. Among the most significant changes are the increase in the subsidy, the reduction in the interest rate, and the modification of the maximum amount for property financing.
Consequently, purchasing property through the Minha Casa, Minha Vida housing program has become even more attractive, as it offers highly competitive rates in the market, as well as significant discounts on the purchase of the property. See below how to simulate the financing!
Financing procedure through Minha Casa, Minha Vida
First and foremost, it is essential to perform a simulation to understand the details of the credit. So, see below how to simulate financing the purchase of a property through Minha Casa, Minha Vida without leaving home:
- Visit Caixa Econômica Federal’s Housing portal;
- Select the “Minha Casa, Minha Vida” option;
- Choose between “Urban Housing” or “Urban Housing Tier 1” (remembering that the second option is for those with a maximum income of R$ 2,640.00);
- Enter the required details, such as: approximate property value, type of financing, property location, among others.
Read also: Expanded benefits: FGTS home purchase program to receive an increase;
Interest rates for financing
Regarding the new rules, the subsidy, which acts as a discount granted by the government to low-income families with monthly earnings of up to R$ 2,640.00 (tier 1) and up to R$ 4,400.00 (tier 2), increased to R$ 55 thousand, instead of the former R$ 47 thousand.
Regarding the interest rate for families with earnings of up to R$ 2 thousand, one of the lowest on the market, these vary according to the region. Check it out:
North and Northeast: from 4.25% per year to 4%;
South, Southeast and Central-West: from 4.5% per year to 4.25%.
