2023-06-26 23:48:32
Infonavit has a program called Prórroga Total, with which you can stop paying your credit for up to one year consecutively or 24 months discontinuously, depending on the year in which you received your financing.
June 26, 2023 2:33 p.m.
MEXICO.- If your economic situation is complicated and prevents you from meeting your monthly credit from the Institute of the National Housing Fund for Workers (Infonavit), there is the option to freeze payments.
Depending on the date the credit was granted, there are some conditions | Pixabay
Infonavit has a program called Full extensionwith which you can stop paying your credit for up to one year consecutively or 24 months discontinuously, depending on the year in which you received your financing.
Who can request the Infonavit Total Extension to freeze payments for one year?
Those who have an active credit with Infonavit
At least a month has passed without you being able to meet your mortgage payments
How does the Total Extension work to stop paying your Infonavit credit for up to one year?
This Institute program allows workers who lost their jobs and therefore have no income, can stop paying their mortgage for one or two years.
For loans granted before July 1, 1997, the grace period is up to 12 consecutive months, without calculating interest.
In credits that were granted since July 1, 1997, 12 months are given, but interest will accrue and the support can be requested several times, with a limit of up to 24 months throughout the life of the credit, without exceeding 12 consecutive months.
You should consider that when applying this measure, your outstanding balance will increasebecause at that time you do not have to make the required payments, but the interest corresponding to each month will be charged and will be added to the total debt.
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