Ukraine lowers mortgage rates for families with children
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The Cabinet of Ministers of Ukraine changed the terms of the eOselya program to lower mortgage rates for young families.
Prime Minister Serhii Koretskyi announced the new model offers rates between 7% and 12% depending on the loan term. Borrowers will see a 2 percentage point reduction in their interest rate for each child born or adopted after receiving the loan, with a floor of 0.1%.
The program allows families to purchase homes that are up to 40% larger or more expensive than standard parameters, covering the extra cost with their own funds. Eligible housing includes new buildings or those completed within the last three years. Koretskyi stated the revisions aim to help young families secure suitable housing and plan their futures in Ukraine. The updated eOselya program also expands loan access to veterans and the families of fallen defenders, while simplifying income verification.
