Construction costs are currently skyrocketing

Where exactly were these 2.5% available? Or what were the conditions to get that?

Not at all!!! Unless the bank is giving away money. That is the rate at which banks refinance themselves. On top of that come all cost items and of course the bank’s profit. That’s why nowadays you end up more around 3.5-4.0%.

Well, I think wood has about 1,500 - 2,000 kWh / cubic meter. That means you are at 7.5 - 10 cents / kWh, so still cheaper than new gas contracts.

That's true, just don't neglect the efficiency. With many simple stoves, quickly only 50% remains inside the building envelope.

that's right, only don't neglect the efficiency.
With many simple stoves, quickly only 50% remains within the building envelope.

Yes, completely correct.
But what do you want to consider there? The water-bearing chimney? Tiled stove? DIY store goods?
It always has to be viewed and calculated specifically.

So the appointment at the house bank "Sparkasse" was as expected.. 3.6% despite increasing equity to 70,000.

However, the Sparkasse would have financed it, stating that he is currently one of the few for whom the numbers still fit at all.

But with almost 1500 euros burden plus additional costs etc., he will decide against it.

Today there is still an appointment with mc broker.

Let's see what they say.


Where was there this 2.5%? Or what were the requirements to get it?

Yes, our planned renovation is also getting more and more expensive due to the increase.
I secured the forward loan for the follow-up financing in Oct 23 at 3.03% in May (?). I was annoyed for several months afterwards, but slowly I believe I did everything right...

Not directly about the construction costs:
Today there was an on-site inspection with the general contractor to visit the building site and define the crane setup area, schedule, rough process, etc. The start of construction remains the last week of October as planned since this winter, which of course pleases us. I have already said quite a bit about the prices several pages before. Here, presumably, a few more euros will be added, but nothing significant. The ventilation unit is apparently not deliverable; fortunately, the heat pump was ordered long ago, and the windows will be ordered shortly. So far, there have been no "horror reports."
All in all, flexibility and willingness to compromise are required if the house-building project is to be successfully completed nowadays.

Well, I believe wood has about 1,500 - 2,000 kWh / cubic meter. So that means 7.5 - 10 cents / kWh, still cheaper than new gas contracts.

That's true, but don't neglect the efficiency.
With many simple stoves, you often end up with only 50% in the building envelope.

And then there's the storage space and the whole effort you have with it.
No, I'd rather keep buying gas, even if I had a stove. No matter the cost.