OREANDA-NEWS. May 20, 2011. AMT BANK softens terms and conditions of mortgage lending: the Bank canceled fees for early repayment of mortgage loans in rubles and US dollars, reported the press-centre of AMT BANK.

Before the new terms and conditions took effect the fee for early repayment of a mortgage loan had been 2000 rubles or 75 US dollars for each contribution made early by the customer under a mortgage loan. Moreover, on May 10, 2011 AMT BANK reduced the moratorium for early repayment of mortgage loans from 12 till 6 calendar months from the day the loan was granted.

According to the new terms and conditions, under loans, which were given in rubles, the amount of partial early repayment of a mortgage loan should be no less than 60 000 rubles (for customers in Moscow and the Moscow Region), 45 000 rubles (for customers in Saint Petersburg) and 30 000 rubles (for customers in other regions of AMT BANK’s presence).

Under loans given in US dollars, the amount of partial early repayment of a mortgage loan is no less than 2200 US dollars (for customers in Moscow and the Moscow Region), 1650 US dollars (for customers in Saint Petersburg) and 1100 US dollars (for customers in other regions of AMT BANK’s presence).