DerHäuslebauer
2020-08-04 16:29:35
- #1
Separately financed means there is a financing running?
Schedule means the bank expects you to have drawn your loan within a certain period, if that does not happen you have to pay interest on the undrawn portion.
In addition, of course you also pay interest on the drawn portion.
Since repayment of the loan usually starts only after complete drawdown, every delay costs you real money.
Yes, correct. It is a flexible financing that is supposed to be taken over by the bank financing the house so that only one bank appears in the land register. There are still about EUR 45,000 outstanding.
We also had the topic of drawdown on our radar. Since almost all costs after an early move-in are only for materials, one could draw the money promptly and buy materials early, e.g. for the interior finishing in the attic: it doesn’t have to be finished immediately, but if drywall, sockets, lamps etc. are already there it should not be a problem. Same with materials for the pool and garden (except for cement, which is manageable in terms of cost).