Bridge financing house sale + new construction project

3. old loan to the new one

Is that always possible?

So, given the current situation with the increased interest rates, could you also transfer your super favorable conditions to a new construction project?

Is that always possible? so with the current situation of rising interest rates, could one also transfer their super favorable terms to a new construction project?

Basically yes - but you have no entitlement to it. It usually costs a processing fee. And of course, the property values must also fit - the bank will not agree to a deterioration. And thus, you can actually continue to use your favorable terms.

For me, the numbers really don't add up. The NEW LARGER single-family house is cheaper than the CURRENT one?

Exactly, the current house+land has practically more than doubled in value. Since 70%-80% home office has meanwhile become normal, it makes sense to move back towards home to the hinterland, where the building land in the new development area is much cheaper and commuting once or twice a week is then bearable. Although construction prices have risen enormously, the sales proceeds would still be significantly higher than the increased construction costs with more living space, more land area, and better quality of life in the new region. The variable financing of the land is most frequently mentioned here as an intermediate step, so I will then approach the discussions with our financial advisor with some preparation, listen to his concrete ideas, and will report back. Thanks for your ideas and advice