Caixa announced, last Wednesday (10/14), the historic mark of R $ 500 billion of mortgage loan portfolio, in addition to five more measures to stimulate the sector. One of the new measures, aimed at clients with a mortgage loan who need support to pay off their financial commitments, was the partial payment of the installment. The new business alternative allows these customers to resume the payment flow of the housing financing installments gradually.
Customers who find it difficult to pay the installment in full during this pandemic period may, for a period, pay part of the installment. The customer may choose to pay 75% of the full installment amount, for six months, or 50% of the amount, for a period of three months. The measure provides families with the possibility of reorganizing themselves to pay the monthly installment in full.
The new measure is not an emergency break in the payment of housing contracts, a possibility that was offered by the bank for six months, and ended on September 29. It also does not mean discount or reduction of the installment, but a possibility of partial payment for a limited period. The amount not paid during the term of the negotiation for the partial payment, according to the percentage chosen, will be incorporated into the contract’s debit balance and diluted in the remaining term. The contract is not exempt from the payment of interest, insurance and fees. The interest rate and term initially contracted do not change.
To request the partial payment alternative, the customer only needs to access the CAIXA Housing application, available for the Android and IOS operating systems. The application can be downloaded for free.