Accessing the first home remains one of the main challenges for young people, caught between rising housing prices and increasingly expensive rents. New opportunities on the mortgage front arrive at a time when young people continue to represent a fundamental component of the market. In 2025, in fact, the under 36 generated about 40% of mortgage requests, thanks especially to the benefits provided by the Consap Fund, established by the Ministry of Economy and Finance in 2013 to facilitate the relationship between citizens and banks by providing a public guarantee for the purchase of the first home, which in recent years has allowed young singles or couples to buy their first home even without a significant initial capital.
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Until spring 2026, however, there was an important constraint: mortgages backed by the public guarantee did not exceed a duration of 30 years. A limit that – especially in large cities where prices are higher – significantly reduced financing capacity and forced many young people to give up larger or better-located properties. With the introduction of offers on the market with guarantees up to 40 years, the scenario changes. By extending the repayment plan, in fact, the monthly installment remains almost unchanged but the capital that the bank can finance increases significantly.
According to an analysis by MutuiSupermarket, the comparison engine managed by FairOne, a young couple under 36 with a total net income of 2,400 euros per month intending to buy a first home, for example in a city like Milan, can obtain immediate benefits. Taking as a reference a mortgage worth 145,000 euros (an amount in line with the average financing requested by under 36s), the best fixed-rate Consap mortgage currently available (Tan 3.09%, Taeg 3.21% higher than in the spring months) involves, over a 30-year term, a monthly installment of about 618 euros. With the new offers that provide for a duration of up to 40 years (and a Taeg of 3.17%), instead, the installment remains almost identical – about 614 euros per month – but the amount that can be financed rises to 170,000 euros. In other words, with a slightly lower installment it is possible to obtain about 25,000 euros more in financing. The limit of this offer? It is currently offered on the market by a single credit institution. It remains to be seen if other banks will prepare the offer.
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The effect of extending the duration appears even more evident when comparing the different deadlines: the same 170,000 euro mortgage repaid over 30 years would require an installment close to 700 euros per month, about 100 euros more than the forty-year solution. A difference that, for many young families, can determine the very possibility of obtaining the mortgage.
More financing also means more space. The increase in spending capacity also translates into additional square meters. Considering an average value of properties that in many urban centers is around 2,000 euros per sqm, an additional 25,000 euros allows you to buy about 12.5 square meters more, equivalent in most cases to a small additional room. A significant difference especially for young couples planning to expand their family and who are forced to opt for smaller homes.
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