Tobias2211
2021-09-22 19:55:47
- #1
Hello everyone,
We have secured financing through a bank for a condominium that we are purchasing from the developer.
The financing was arranged through Interhyp.
The incidental purchase costs for the notary and land registry were estimated at 16,000.
However, the actual costs incurred were "only" 6,000 euros.
If we now use the equity as planned, there will be 10,000 euros of credit left that we do not draw down.
In such a case, do we have to reduce the equity or can we, for example, use the 10,000 for the kitchen?
We have secured financing through a bank for a condominium that we are purchasing from the developer.
The financing was arranged through Interhyp.
The incidental purchase costs for the notary and land registry were estimated at 16,000.
However, the actual costs incurred were "only" 6,000 euros.
If we now use the equity as planned, there will be 10,000 euros of credit left that we do not draw down.
In such a case, do we have to reduce the equity or can we, for example, use the 10,000 for the kitchen?