Are interest rates extremely expensive with variable financing?

2015-04-27 23:51:45

Why interestingly? One time you talk about a new financing (where all fixed costs have to be covered for the first time) and one time about a follow-up financing, where all fixed costs were already covered during the first fixed interest period.

Furthermore, the interest rate has fallen by about 0.5% in the last six months, also in the variable area.

What do you expect? Which amount was higher? Your new financing land or the extension?

2015-04-28 11:51:44

What do you expect?

I don't expect anything, I just wanted to show how much an offered (variable) interest rate can vary even within the same bank, and of course this is due to the different conditions, which I also indicated with the financing amounts.

Well, I do expect something... In November I financed the plot of land with a 12-month fixed interest rate at 1.75% and expect that this fall I will be able to finance the amount for the actual house construction at a reasonable interest rate. :)

The offer came from the Sparkasse.

2015-04-28 12:47:24

Apples, pears, whatever ...

2015-04-28 13:01:37

I want to take out a variable loan for the property financing because the house construction (and its financing) should start as soon as possible in the next few months. At Interhyp, I get an interest rate of over 3%, but with a fixed term of up to 20 years, it is only slightly over 2%. The variable interest rate should be based on the 3-month Euribor, which is currently basically 0. Why is the variable interest rate so much more expensive? Is this typical or is it related to the low-interest phase? Or does anyone have bank recommendations?

Depending on where you live in Rhineland-Palatinate, it might be worth looking across the green border. RLP is supposed to border a little country where the financial sector is strongly represented – not only in investments. I can’t say exactly how the conditions are with the various banks, but there might be an opportunity here.

2015-04-28 14:36:08

Apples, pears, whatever ...

If the constructive interjection was meant for me, then please explain it a bit more thoroughly.

2015-04-28 14:42:53

Sirhc, you compare two different things, then say that they are not comparable, and then you do compare again... that was the point lastdrop wanted to make.

Similar topics
21.03.2015	Property and Real Estate Agent	16
21.03.2016	Land Costs - Building and Financing a House	29
16.09.2016	False information about the property in the exposé	39
27.04.2018	Is it better to buy property or not?	20
24.05.2018	Single-family house with LABO and land from the municipality for €444k	16
24.01.2019	Buy land - keep the house.. how to proceed best?	45
13.02.2019	How to formulate a bid for a property?	48
26.02.2019	Submit a building application before the land is paid for?	11
07.03.2019	Rainwater retention basin overflows onto the property	22
04.12.2020	Property already financed - is another bank possible for house construction?	42
28.02.2023	Evaluation of Savings Bank Interest Offer	17

Are interest rates extremely expensive with variable financing?

toxicmolotof

sirhc

lastdrop

f-pNo

sirhc

toxicmolotof