Buyer demand for developer installment programs with longer terms growing in Ukraine – developers
Installment programs with extended repayment periods offered by developers are increasingly in demand among housing buyers and serve as an alternative to government mortgage programs, Ukrainian developers told Interfax-Ukraine.
"In 2024–2025 we have seen growth in the share of clients choosing long-term, interest-free installment plans from KAN Development. This is linked to greater buyer confidence in the future, particularly amid improved security conditions in Kyiv. The government's eOselia and eRecovery programs still have only a limited impact on our sales. Most clients are opting for other financial solutions, particularly our in-house programs," KAN Development's press service said.
In recent years, demand has grown for longer installment terms, noted Alliance Novobud CMO Iryna Mykhaleva. Developers are also offering plans with reduced down payments.
"At the start of construction, we can offer longer installment periods – 12, 24, even 36 months – since installments are typically provided until a project is commissioned. Buyers also frequently request lower down payments, which can range from 10% to 50%," the expert explained.
The Kovalska Group's in-house installment programs fix the price per square meter for up to five years, with an initial payment of 30%. The company said it applies an individual approach to customer needs.
"Installment plans have become more flexible: if a client realizes they cannot keep up with monthly payments, we are open to dialogue and ready to find a convenient solution together. It's possible to agree on a customized schedule – for example, extending the installment period, temporarily reducing payments with a later return to standard terms, restructuring, or even exchanging the apartment for one of a different size or in another building," the developer explained.
In the second phase of its Brother residential project in Kyiv, developer RIEL is offering installment plans until the building is commissioned in Q2 2028, said RIEL's Lviv sales coordinator Alla Chipak. Some complexes have also lowered the down payment to 10% of the apartment's cost.
Given the popularity of developer-provided renovation options, Intergal-Bud is also offering installment payment plans for renovations alongside the purchase of an apartment, Deputy Commercial Director Anatoliy Kovryzhenko said.
According to the DIM Group, developer financing programs with extended installments are an alternative to state mortgage programs that have credit limits. DIM offers its own plans with a 30% down payment and installment terms of up to five years.
In addition, DIM recently launched a long-term installment program of up to 10 years.
"In early June, we introduced a 10-year long-term installment plan in hryvnias, with early repayment options, a fixed price in hryvnias per square meter stipulated in the contract, no linkage to exchange rates or market price increases, and a fixed interest rate of 10% per year in hryvnias, with a 30% down payment. It was initially planned as a two-month pilot project in large residential complexes such as Metropolis, Lucky Land, and Park Lake City. However, we received so many inquiries that turned into real deals that we decided to extend the program through the end of summer," DIM Managing Partner Oleksandr Nasikovsky said.