Construction financing / financing amount okay? - Experiences?

  • Erstellt am 2011-09-05 21:31:09

timtim

2011-09-05 21:31:09
  • #1
hello people
today we received our offer for the construction financing which is composed as follows
a €200,000 home savings contract pre-financed for 10 years with an interest rate of 2.98
and then also KFW €110,000 with 3.50 percent.
equity capital is to be estimated at €50,000 which then goes into the large home savings contract.
how is all this to be assessed. what is interesting is complete planning security. and then we also have one from the savings bank but there the conditions were apparently much worse
 

pitbit

2011-09-05 22:09:02
  • #2
mh....so do I understand that correctly? The 50K go into the 200K building savings contract as a single investment? If that is the case, then your equity finances 10 years as well. The 2.98% is quite good. Although the BSP has a 1% closing fee. The 3.5% from Kfw is significantly worse than a bank loan. I can gladly put together a financing plan to my liking for you, just contact me via pm with the key data. So financing amount, purchase price, equity and monthly desired burden. Best regards Pit
 

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