Take advantage of possible subsidies for your own home!
If we lay our hands on our hearts, we can safely say that one of the biggest financial challenges for most of us is to acquire our own real estate. Or, if you have one, getting a bigger dream apartment / dream house. In such situations, the various grants and assistance come in handy. Well, at present, the state doesn’t skimp on these, and we’ll show you how much state support that can get you closer to your goals:
State support for apartment savings
There are many ways to collect real estate. However, we are now focusing on those that are supported. The first of these is the TBSZ account for free use . Let’s imagine it as a term deposit, only after 5 years we get away with paying interest tax, so that all profits remain ours.
We also have NOK here , which is similar to home saving, but differs in important points. However, the amount of state subsidy is 30% of our own payments , up to $ 300,000 a year . Since we can contract for up to 15 years, this means that you can win up to $ 4.5 million plus. However, NOK can only be used for newly built properties.
Also to be mentioned are the home savings plans, which are still the most popular home savings plans . It is very popular because it is easy to calculate the amount of money we can use, based on the pre-described rates. In addition, the state provides 30% subsidy, up to $ 72,000 a year, after our savings . For a maximum savings period of 10 years, this means an additional $ 720,000.
It is important that we choose our own apartment savings not only according to the amount of support but also other aspects.
The Family Home Creation Benefit
It is a great help for people with families, or those who plan to have children within 10 years. It is important because the amount of money we can get depends on the number of our children and the size of the property (whether new or old). It ranges from 600,000 forints to 10 million forints. But keep this in mind!
As you see it, you can get quite a bit of help for your own apartment. However, it is worth choosing well, so contact us! We help you to get the most out of it financially.