Construction costs are currently skyrocketing

At what loan-to-value ratio? Which region?

Loan-to-value ratio under 50 percent, Munich region

Depending on the amount, a special repayment would probably be better if you make it.

Loan-to-value under 50 percent, Munich area

So zero risk for the bank. Still 3% interest. WOW. I'm glad for my 1%, amazing.

So 0 risk for the bank. Still 3% interest. WOW. I'm glad about my 1%, amazing.

That's true, but the bank obviously charges for a 30-year fixed rate.

As mentioned above and as I already pointed out a few weeks ago, the trend is likely to go back up for interest rates. In other words, everyone who can secure the current level should do so.

Regarding those currently waiting for the general contractor (GU) – I can only recommend pointing out the urgency regarding financing to the GU. A good GU understands this and then accelerates on their end (it was similar for us last year).

Short update on the interest rates: I was offered 3.09% nominal for 30 years yesterday

Did you also get an offer for 20 years? I currently see the surcharge for the 10-year difference at some banks at more than 1%. I would rather go for 20 years and include special repayments…

Did you also get offered 20 years? I currently see the surcharge for the 10-year difference at some banks at more than 1%. I would rather go for 20 years and include early repayment…

20 doesn’t pay off for me either, it would be 2.95% as well.