Banks for 110% financing

wonderful, good luck. how old is the father-in-law? Not that the social welfare office demands the money back...........

The finances of my father-in-law are more than secure even without this 60,000

The finances of my father-in-law are more than secure even without these 60,000

why only 60k then? one could achieve better collateralization

The rate is €1570 and the blended interest rate is 2.2%. Repayment for Loan 1 is 2% and with KfW something like 4,... The financial advisor will check by the end of the week whether local banks might offer slightly better conditions.

Why are you repaying the cheaper loan faster than the more expensive one? A 2% repayment on the main loan would also be far too low for me...

why only 60k then? you could have obtained better financing

I personally would have found it cheeky to ask for even more. My parents also subsidized us with 50k, even though easily twice as much would have been possible. But I’d rather say thanks politely and be happy about what I received.

You really can't do it right for you here, can you? For us, 60,000 is a lot of money, for which we are very, very grateful to him. We wouldn't even think of being so bold as to ask for more! Especially because the financing fits us well like this! And I'd like to say it again, we also have equity... We just didn't want to include it directly in the financing... Because it's not an impressive amount... But we also have 15,000, with at least 5,000 more coming until the start of construction...