Constant rouble will make (without the subsidies) the mortgage by more accessible

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Constant rouble will make (without the subsidies) the mortgage by more accessible

Excuse me for quality of machine translation.

The uniform payments under the credits refer to as by Fixed Payments (FP). Than below Monthly FP (MFP), that more accessible mortgage. The state can make existing mortgage by more accessible, having applied a Conditional Unit of Account (CUA) - Constant Rouble (CR) Name of a CUA - CR speaks about its constant buying power. Its rate is measured in roubles and is changed according to rates of Inflation (Inf). If the prices for some period will increase in 2 times, also rate of a CR will increase in 2 times.
By analogy to dollar (other CUA) contributions, loans, terms of crediting, of the Interest Rates (IR) and MFP on them are fixed in a CR. Final payments in roubles at the rate CR at date of payment. The IR in a CR is Real IR (RIR), cleared from inflation Nominal IR (NIR)

The CR is an Index of the Prices (IP). A CR - substitute of a zero Inf

And at a zero Inf of the interest Rates (IR) - minimum, since the investors receive Real Percent or real, cleared from inflation, profit. At a zero Inf is disappeared by (with) a problem the Disputable Inflationary Forecast. (About CR, NIR, RIR and DIf - the references at the end of page)

Relative Monthly Fixed Payments under the contributions/loans in percentage of the sum depending on currency, interest rates and terms of crediting
Cur Percents Terms of crediting (years / months)
1 2 3 5 10 20 30
CR year- month 12 24 36 60 120 240 360
- 0 0 8,33 4,17 2,78 1,67 0,83 0,42 0,28
- 3 0,25 8,47 4,3 2,91 1,8 0,97 0,55 0,42
- 6 0,5 8,61 4,43 3,04 1,93 1,11 0,72 0,6
/ 9 0,75 8,75 4,57 3,18 2,08 1,27 0,9 0,8
rbl 12 1 8,88 4,71 3,32 2,22 1,43 1,1 1,03
- 15 1,25 9,03 4,85 3,47 2,38 1,61 1,32 1,26
- 18 1,5 9,17 4,99 3,62 2,54 1,8 1,54 1,51
- 24 2 9,46 5,29 3,92 2,88 2,2 2,02 2
- 30 2,5 9,75 5,59 4,25 3,24 2,64 2,51 2,5

**Relative Monthly Fixed Payments under the contributions/loans in percentage of the sum depending on currency, interest rates and terms of crediting**
Cur	Percents	Terms of crediting (years / months)
1	2	3	5	10	20	30
CR	year-	month	12	24	36	60	120	240	360
-	0	0	8,33	4,17	2,78	1,67	0,83	0,42	0,28
-	3	0,25	8,47	4,3	2,91	1,8	0,97	0,55	0,42
-	6	0,5	8,61	4,43	3,04	1,93	1,11	0,72	0,6
/	9	0,75	8,75	4,57	3,18	2,08	1,27	0,9	0,8
rbl	12	1	8,88	4,71	3,32	2,22	1,43	1,1	1,03
-	15	1,25	9,03	4,85	3,47	2,38	1,61	1,32	1,26
-	18	1,5	9,17	4,99	3,62	2,54	1,8	1,54	1,51
-	24	2	9,46	5,29	3,92	2,88	2,2	2,02	2
-	30	2,5	9,75	5,59	4,25	3,24	2,64	2,51	2,5

As it is visible from the table at long-term crediting the MFP in a CR in some times is less than a MFP in roubles. The smaller FP increases in these times of an opportunity the borrowers, allowing to take the greater credit, i.e. much earlier to improve the housing conditions or to begin, even with small, to decide housing problem. The probability, that is great FP in a CR, i.e. the actual payments at the rate will catch up a CR, in due course "and will drive" FP in roubles. But you see and the incomes of the borrowers will increase. It is much more favourable to begin to repay the indebtedness under the credit on OWN HOUSING ACCOMMODATION, than to continue to pay constantly rising in price employed ANOTHER'S HOUSING ACCOMMODATION and to save for the first "rouble" hypothecary instalment. By the way, the FP in a CR can and not be caught up by (with) only rouble FPs, if the government will execute the promises on deduction of a Inf. The application of a CR allows in times to reduce first FP and in regular more intervals to distribute their burden on time.
The MFP can be calculated independently for the computer (Excel).

Additional decrease (reduction) of burden of payments at Increase of terms of crediting

For increase of terms of crediting and decrease (reduction) of burden Payments the long credits are required. Them do not suffice. Need (requirement) for long money is essentially reduced with application of Differential Payment (DP). A DP - in regular intervals decreasing payment. For example, somebody has taken 100 CR for 10 years under 10% annual. The first year pays uniform amortization - 10% - 10 CR + percents - 10 CRs.

Total DP:
- 1-st year - 20 CRs
- new duty 90 CR. Percents on it 9 CRs
- The second year - DP - 19 CR
- 3-rd - 18
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- 10-th - 11 CRs

At a FP - 16,27 CRs annually. Thus, at a DP of "10-year's" money it is required in 1,48 times less. "9-year's" - in 1,36 times it is less, etc.

Decrease (reduction) of burden of payments:
FP: The 4-year's credit - 5%/year in a CR. FP - 28,2%/year from the size of the credit. In total - 112,8%.
DP: 5-year's - 5%/year of a DP. The first payment - 25%. 5-th - 21%. In total - 115 %.
Already first DP is less than a FP. I.e. it is easier to the borrowers to prove to banks the credit status. Many from them for 1-2 years will be installed in earlier apartments. More people will be improved by(with) the housing conditions.

FP: 10 years - 5% - FP - till 12,95% annually. In total - 129,5%
DP: 20 years - 5% - DP: 1-st - 10%, 2 - 9,75%, 20 - 5,25%. In total - 152,5%. But housing accommodation own. It is not necessary to employ another's. It is possible to count and to compare set of other variants.

Terms of crediting can be increased still it is more, combining a FP with the subsequent DPs, combining with amortization, etc.
The part of a vast Stabilization fund, which is not used, is possible to direct on increase of terms crediting and decrease (reduction) of extra percents (interests). The availability of the mortgage is increased. Thus the Stabilization fund grows! The economy also grows. The tax receipts are increased. Profitable and useful social costs!

Sources of long-term crediting

All over the world one part of the population borrows (occupies) money from other (Through banks, credit unions, pension funds, internal and external bonded loans, etc.). It is the basic source. The application of a CR will allow the creditors - investors to plan long-term real profit. It is easier to the creditors and borrowers to agree upon a IR at various terms of crediting. The banks will compete among themselves and to credit unions. With increase of terms crediting of a IR are a little increased, but so that MP on them are reduced (see. Tab.).
The borrowers choose a golden mean. For example, in USA following minimum IRs for the borrowers at hypothecary crediting: 1 year - 3.76%, 15 years - 5,08%, 30 years - 5,46%. At inflation 2% of a IRs in Constant Dollars would make: 1 year -1,73%, 15 years - 3,02%, 30 years - 3,39%. Probably, in Russia terms will be less and IR above. But there would be a beginning.

Credit unions (CU)

It is noncommercial associations of the potential buyers of housing accommodation. In the advanced countries, at the beginning of hypothecary crediting, CU have played the important role. Some of them exist till now, though their role any more so is significant. A CU use tax privileges, since decide the important social problems. The investors credit the borrowers and aspire to proceed (pass) in their numbers (lines). For this purpose it is necessary to introduce, more precisely to accumulate, "introductory" instalment. Borrowers by the MPs credit the new borrowers
CU compete to banks. If in banks of a IR for the investors and the borrowers 5 and 7%, in a CU, for example, 5,5 and 6,5%. The difference is necessary for an overhead charge, lease of buildings of a CU and large halls for general meetings.

Other conditional units of account

Why a CR, instead of dollars or euro? Dollars and euro - foreign exchanges, and change of rates foreign exchanges in any way are not connected to the Russian inflation and, especially, to it not "are adhered". If USA lift a IR, the investments in dollar become is more attractive, the demand is increased on dollars, the rate of dollar to an euro grows, and on the contrary. Recollect, what fluctuations in both the parties were tested by (with) this rate for the last 3-4 years. To what currency, in general, ours the government will adhere a rate of rouble? As will vary rouble payments under the contributions and loans fixed in these currencies? And about a possible (probable) default even to think terribly. The Russian salaries to some extent "are adhered" to inflation, i.e. to a CR, therefore it is better to fix the contributions, loans, IR and MP on it in a CR.

The Constant Currency (Index of the Prices) should be really Constant, i.e. to have Rate and Unchangeable Date of Readout. Only thus it is possible to name it constant. Meet sometimes expression "in Constant Roubles or Dollars of 1961, 1967 or 2003 Year"
"Has wandered" under the Internet slightly before that as has decided to create a site, concerning themes of Constant Rouble. On to "Constant Roubles, Dollars or Sheikels". Tried to find a mention about Unchangeable to date of Readout. Has not found. Can be badly searched.

On "to the Inflationary Taxes" the mentions are. But not has found, as of them to get rid. On different forums set questions on a CR and Inflationary taxes. Sometimes answered, that it is all for a long time it is known, what for to invent "bicycles", but never have named concrete source of the information.
Has found a mention of the interest Rates on an Index of the Prices in Israel. Anything concrete read about it could not. Has set this question on one of the Israeli forums, but the answer has not received

RUSSIAN ANALOGUE (12 kb)

English pages. Main (7 kb)
Russian pages.Main (8 kb)
The brief contents of the placed themes (9 kb)
THEMES of CONSTANT ROUBLE
Constant Rouble - against dollar. A rate of a CR - Index of the Prices. The CR will ensure real preservation and the augmentation of a buying power of the savings, will make the credits by more accessible (15 kb)
In what the reason and paradox of the Unreal Interest rates? The disputable inflationary forecast (10 kb)
Comparison acting and offered of tax systems. As To double a gross national income, having got rid from the Parasitic Inflationary Taxes. Tax reform (18 kb)
Important theme. Without tax reform will not be essential growth economy and standard of living, neither new housing accommodation, nor decision of housing problem.
The Parasitic Inflationary Taxes (PIT) "eat" enclosed in production the capitals: constant and turnaround, salary and pension. This theme is more important than the mortgage, since from anything is received anything.
An Example of a PIT for a Working capital (WC)
- Inf - 0 %: the Prices, the Cost Price (CP) and rate of a CR do not vary. The businessman Somebody on 100 Millions Roubles (mr) has acquired components. They were not necessary, and in one year he has reseiled them till a CP for the same 100 mrs. Profit or Added Cost (AC) - 0. The taxes - 0. Losses - PIT - 0. Is possible at necessities to acquire new components.
- Inf - 100 %:The Prices, CP and rate of a CR for one year are doubled. In the beginning of year 100 mCRs = 100 mrs. In one year 100 mCRs = 200 mrs. Somebody reseils furnishing on a new CP, since the prices were doubled, for 200 mrs, receives imaginary inflationary profit (or imaginary inflationary AC) - 100 mrs, pay the taxes (from the imaginary profit?!) - 50 % - 50 mrs. He still has 150 mrs or 75 mCRs, on which it is possible to acquire only 75% of components. Real losses - 25% real buying power of a WC. It also is a PIT for a WC.
The indicated example of a PIT is equal half of ifference between a new real CP and old, indicated in tax declarations. I.e. at a zero Inf of a PIT is not present in general, since. The CP does not vary. With growth of a Inf the burden of a PIT grows also.
The Losses from a PIT somebody will transfer on the salary of the hired workers. If he will cover the business, the workers and their families, in general, will stay without a piece of bread.
From the indicated examples it is visible, that at a zero Inf of a PIT is not present in general. With growth of a Inf the burden of a PIT grows also.
Tax reform
The essence of tax reform - legislative fixing in the tax declaration of the Cost Price in a CR, that will allow to get rid of a PIT and to make production favourable and fast growing. It:
- New jobs and decrease(reduction) of unemployment
- Essential growth of real wages and pensions
- Additional tax receipts at fast growing economy
- Decrease (reduction) of expenditures on public account on the unemployment benefits
- Etc.

The MORTGAGE
The Mortgage. An introduction theme. Account fixed and differential payments (12 kb)
Three formulas of account of fixed payments. What correct? (10 kb)
Conclusion of the formula of account of fixed payment (12 kb)
Optimum real estates: the size, term, interest, currency. (19 kb)
The mortgage begins with comparison of variants. Here 4 comparative tables with percentage by the rates - 0; 1;... 18; 19%/years and with terms of crediting - 5, 10, 15, 20, 25, 27 and 30 years:
1 - Monthly Fixed Payments (MFP)
2 - Factors of Credit Status (FCS). With the help of a FCS it is possible to expect as the much as possible allowable sums real estates
3 - Sum of a MFP for all term of crediting
4 - Sum of percents (interests) for all term of crediting
On the present the mortgage will begin to work only then, when the overabundance will appear Again entered housing accommodation. Or. Hyperinflation, default and corruption - backs of the subsidiary mortgage (15 kb)