Maternity capital you can use, even if the child is under three years.It can be spent on the purchase of housing, but only through a mortgage or a mortgage bank loan. Companies that issue mortgage loans do not require verification of employment and income, and interest and commissions have significantly higher. The loan is only granted on the certificate amount.
As a parent certificate can pay off the existing mortgage loan already.
Far as I know, you can use the parent capital on account of the repayment of the mortgage, provided that money will be transferred directly to the bank ( credit organization ). On the one hand you will not give money.
Possible, but only to repay the mortgage at the bank, but about the home buying do not know too much at them there are many different complicated rules.Although I think that this is not quite true, because the price per home is growing every year and the maternity capital is unlikely to increase, due to these circumstances.
Can, it's your right to manage them.