If you dream of owning a home but market mortgage rates of 20–25% per annum make the prospect unthinkable — Ukraine's eOselya state housing programme may be exactly what you need. Launched in October 2022 at the initiative of the President of Ukraine, the programme is operated by Ukrfinzhytlo, a state-owned specialised financial institution that compensates banks for the difference between the subsidised rate and the market rate.
The logic is simple: the state pays the bank so that you can take out a mortgage at 3% or 7% per annum instead of market rates of 20–25%. As of June 2026, more than 23,000 Ukrainian families have used the programme and the total loan portfolio has approached UAH 40 billion. In June alone, partner banks issued 694 new loans totalling UAH 1.3 billion — momentum is growing month on month.
The rate depends on the borrower's category. For the first 10 years the rate is subsidised; after that it rises by 3 percentage points.
After 10 years, the rate rises from 3% to 6%. This is a built-in programme condition that must be factored into long-term budget planning.
If you do not belong to a priority category but do not own property — or your current home is below the statutory area threshold — you are eligible for the 7% rate. After 10 years it rises to 10%.
Even 7% is unattainable on the open mortgage market while the NBU policy rate stands at 15%. The financial difference is substantial: on a UAH 2 million loan over 20 years you pay around UAH 1.76 million in interest at 7% — compared with over UAH 5.5 million at a market rate of 20%.
From February 2026 the government tightened property requirements under the programme. The changes ensure that state subsidies finance modest, functional housing rather than premium property.
The maximum area depends on family size:
One important nuance: for properties over three years old, no deviation from the statutory area is permitted at all. For new construction, a deviation of up to 10% is allowed.
The price per square metre may not significantly exceed the Ministry of Regional Development's regional benchmarks. In Kyiv in 2026, the cap is approximately UAH 62,230 per m², with a maximum 10% deviation. This means a 52.5 m² Kyiv apartment can be financed under eOselya for a maximum of around UAH 3.6 million. Caps in Kharkiv, Dnipro and Odesa are lower — verify the exact limit with your partner bank.
As of June 2026, 10 banks participate in eOselya: PrivatBank, Oschadbank, Ukrgasbank, Globus Bank, SKY BANK, Sens Bank, Bank Credit Dnipro, TASKOMBANK, BISBANK and RADABANK. The interest rate is identical at every bank — it is set by the programme. The differences lie in document requirements, application processing speed and insurance terms. Compare offers from at least two or three banks before deciding.
Compare all available mortgage options — including market-rate products — in the mortgages section on BankSorter. If you are still choosing a bank for everyday finances, browse the current account comparison — several eOselya partner banks offer attractive account terms as well.
The eOselya programme is one of the most realistic paths to homeownership in Ukraine during a period of elevated market rates and wartime economic conditions. 3% for defenders and 7% for civilians are rates simply unavailable anywhere else in the market. If you qualify, delay is costly: the programme is funded from the state budget and its terms are revised periodically.
Compare current mortgage offers and check whether your chosen property meets programme requirements at BankSorter — mortgages. If you need funds for everyday needs, browse the consumer loan comparison as well.
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