Russian Maternity Capital 2025: Using 'Matkapital' for Mortgages

Note: This content is specific to the Russian Federation.

Maternity Capital (Matkapital) is a state subsidy program in Russia designed to boost birth rates. For families, it is essentially a substantial cash voucher that can be used to improve housing conditions.

Crucially, you can use it as a down payment for a mortgage immediately after the child is born, without waiting for the standard 3-year period required for other uses.

How much do you get (2025)?

The amounts are indexed annually:

• 1st Child: ~630,000 RUB (approx. €6,300).
• 2nd Child: Additional ~202,000 RUB (Total ~833,000 RUB).
• If you didn't receive it for the first child, you get the full ~833,000 RUB for the second.

How to use it for a Mortgage

1. Down Payment: You can give the certificate to the bank to cover part of the initial deposit.
2. Repayment: If you already have a mortgage, you can use it to pay off part of the principal or interest (but not fines/penalties).

The "Share Allocation" Rule

Using Matkapital comes with strings attached. You are legally required to allocate property shares (doli) to all your children and your spouse.

• This must be done within 6 months of paying off the mortgage.
• Warning: This makes selling the apartment later more complicated, as you will need permission from the Guardianship Authority (Opeka) to sell a minor's property.

Conclusion

Matkapital is a powerful tool that makes homeownership accessible for millions of Russian families. Just be aware of the long-term legal implications regarding property rights for your children.

👉 Russian Mortgage Calculator with Matkapital