NeuroState Mortgage Terms

As part of the development of the NeuroState application functionality, below you can see the non-bank mortgage lending model as one of the essential functions of the application.

The following are the rules for using this undoubtedly useful and convenient feature.

For users For Shareholders Calculator

Overbank Mortgage Rules for Non-NSC Users:

1. A user can only get a mortgage from the app within the country in which they have citizenship 2. A user can get a mortgage loan for both residential and commercial real estate 3. Mortgage lending for housing stock is approximately 1.4% -2.2% per annum 4 Mortgage lending for commercial real estate is approximately 7.2% -8.9% per annum 5 The user contributes at least 10% of the cost of the housing stock object 6 The user contributes at least 12% of the amount of the value of the commercial property 7.The user pays the mortgage in equal installments on a monthly basis 8.The user, upon receiving the mortgage, pays 50% of the monthly payment in the second month from the date of obtaining the mortgage 9.The user does not pay in the first month after receiving the mortgage no payments 10.The user has the right once a year to receive one month of payment vacation without sanctions, the next month after the vacation the user pays as standard without increasing the payment 11. The user cannot transfer his right under the mortgage and obligations under the contract to third parties, unless otherwise provided by the legislation of the user's country 12. All personal data of the user is protected by strict compliance with the requirements for the protection of personal data of the user's country.

Mortgage calculator

Calculate mortgage:

Desired item price ($):The cost of the desired object, determined based on the existing conditions and the purpose of its useEnter the total price of the property you want to buy in this field

Your down payment ($):Part of the cost of real estate mortgaged, which the borrower must pay himself to the company that represents the interests of the NeuroState applicationThe initial payment is at least 10% of the value for residential property, at least 12% for commercial property, at least 8% for shareholders on any type of property

NSC Coins:If you are a NeuroStateCoin holder, i.e. a shareholder of NeuroState, enter the number of NSC coins you ownThe indicated number of coins will be added to the initial payment at the rate of 1 NSC = $2, so you can buy property on the most favorable terms

Desired monthly payment ($):The monthly payment includes the amount of accrued interest on the mortgage, which also includes the body of the loan, which is paid by the borrower to the company that represents the interests of the NeuroState applicationEnter the amount of your monthly payment in this field

The term of the mortgage will be:

Time for which the borrower is required to pay the total mortgage amount to the company that represents the interests of the NeuroState application

Possible mortgage term is no more than 25 years

Type of property:

Mortgages are issued for two types of real estate: residential and commercial funds. Residential properties include premises for permanent residence of people. Premises for profit belong to a commercial fund

Select the type of property you want to buy in this field

I am a NeuroState Shareholder**Shareholder is an NSC coin holder

Total payments:

Down payment:

Full value of the mortgage:

Overpayment:

The mortgage term will be:

Total mortgage amount:

*A NeuroState shareholder receives a discount on the first installment, that is, it is enough for a shareholder to have 8% of the cost of the apartment that the shareholder wants to buy in NSC coin for the first installment.

NSC Mortgage Rules for NSC holders:

1. A shareholder can obtain a mortgage in any country where the application is presented, if it is not prohibited by the legislation of the country where the property is purchased *Available when the shareholder has 5,000 NSC coins 2.The shareholder has the right to receive mortgage lending for commercial real estate and, what is important, in different countries *Ability to is available if the shareholder has 20,000 NSC coins 3. Shareholder has the right not only to receive mortgage lending, but also the shareholder can pay for mortgage lending with a coin at a ratio of 1 to 2. That is, if the shareholder has $10,000 in NSC coin, and the shareholder wants to invest NSC coin in a mortgage, then in this case, the company, allocating money to the shareholder to purchase an apartment, will allocate to the shareholder the equivalent of $20,000 in fiat currency of the country where the apartment was purchased *The opportunity is available if the shareholder has 10,000 NSC coins 4. The shareholder also receives a discount on the first installment, that is, it is enough for the shareholder to have 8% of the cost of the apartment that the shareholder wants to buy in NSC. 5 coin for the first installment. The shareholder is entitled to 2 months vacation per year without mortgage lending sanctions. 6. A shareholder can take out a second mortgage loan if he is a holder of 10,000 NSC coins

Notes

Mortgage lending for housing and non-residential stock is non-bank, that is, it is done through a company that will represent the interests of the NeuroState application in this country. Mortgage lending is made in the fiat currency of the country where the property is bought. Property that is purchased through the NeuroState application, and therefore the company, becomes collateral according to the agreement between the application user (borrower) and the company that represents the interests of the application. Property ceases to be collateral property when all payments have been made on it. Credit holidays apply to each contract separately.

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