With all due respect, but that is nonsense. Twenty-year-olds have never been around 1%.
In my opinion, it will be interesting to see who Habeck cuts off gas for by law... I think brick/aerated concrete manufacturers will be pretty high on the list...
If I do the math, the jump from a loan amount of €500,000 and a term of 20 years as a full amortization from 1.1% to the now usual 3.4% results in approximately €550 additional costs per month.
For €1,000 additional costs, the loan amount must already be close to €900,000.
For the average borrower taking out a half-million loan, €550 additional costs per month is also no small change. But if you can no longer afford to build because of this, you probably couldn’t afford it in the first place.
If I calculate it, the jump for a loan amount of €500,000 and a term of 20 years as a full borrower is from 1.1% to the currently usual 3.4%, resulting in approximately €550 additional costs per month.
