The Bank of Russia named the “ideal” level of the borrower’s debt load – Rossiyskaya Gazeta

“We would like, ideally, when granting loans, banks to provide funds to people who spend less than half of their income on loan servicing (the level of the PDI, which does not exceed 50%). Furthermore, this is the total maximum ratio for all the loans you have.” At the same time, through macroprudential allocations, we are now discouraging lending to borrowers with a personal income tax of more than 80%, because these are high risks for the individuals themselves. We would not want them to then apply for consumer loans to pay their mortgages,” Danilov stressed.

According to him, it is possible to determine analytically whether a consumer loan is taken out specifically for the down payment through a credit history bureau. “It is very likely that if the borrower applied for a large consumer loan two weeks or a month before the mortgage, the money was used for the down payment.

On the other hand, it cannot be said that in 100% of cases this conclusion is correct. Money could be taken, for example, for furniture, a honeymoon, etc. In this case, it is also wrong to limit loans to a certain period of time before applying for a mortgage,” Danilov noted.