Efeitos da inflação no valor presente do financiamento imobiliário no Brasil

Abstract

The objective of this study was to find a difference between the amounts paid for a purchase of a property financed by the time of 30 years and its Net Present Value (NPV) that the property has in this period with inflation as a parameter. That is, given a no-time real estate inflation in which as interest rates will be present, how much is not the end of the repayment period, for example by comparing the value in your NPV. Using calculations of the NPV, it was concluded that in the cases studied with an inflation of more than 6%, in which the property is financed by the My House My Life Program (PMCMV), the NPV paid for the real estate title (in the cases of models SAC), is less than the amount financed, that is, you pay for the money or less. The study also sought to make a comparison between the two main amortization systems used in the country, the PRICE and SAC model, coming to the conclusion with the lower price model, but compared to the percentage used of the salary and the total value paid during the 30's years, the SAC model presents values that are much lower than the PRICE model at the end of the study.