One of the most difficult parts to acquire a home is to raise the initial fee. This is because it must represent at least 10% of the value of the property, which often escapes the amount saved by the anxious buyers.
It means that the value of the home can be 150 thousand soles
This is the story of many, so Congress passed a Bill that will allow AFP members to have a percentage of their funds to use as the initial fee. They may use a quarter, that is, 25%. For example, if you managed to contribute 60 thousand soles, you can use 15 thousand (25%) as the initial quota for a home. And since the minimum initial fee is 10%.
It is time to change bad habits and start caring for the car, starting with driving. But you should not forget that your car will never be 100% careful unless you have insurance that will help you in case of any emergency. If you are thinking of hiring one, first compare them all to avoid over-spending.
This alternative can be used at any age
But of course it will not be appropriate if a consistent contribution to the AFP has not been made. In addition, you should be aware that this withdrawal will significantly reduce the pension you will receive when you have retired. Remember also that it is advisable not to give an initial fee of less than 20% and finally, that when comparing the available mortgage loans, you ensure that you get the best possible option.
Although many criticize that this benefit takes away the purpose of the AFPs, which is to secure income after retirement, for a large part of the population it represents the possibility of fulfilling the dream of their own home. What does it represent for you?