Construction financing for a single-family house, current situation assessment, offers, etc.

  • Erstellt am 2020-09-17 17:56:02

priviticerul

2020-09-19 22:47:18
  • #1
Our house bank is the Beamtenbank (BBBank). And NO, we are not civil servants.
 

Ybias78

2020-09-20 08:14:53
  • #2


But it is probably an exception. With a KfW loan as equity, we would be below 60%.
 

priviticerul

2020-09-20 08:30:34
  • #3

I had read that some banks recognize it that way...
It also worked out for us because of KFW40 and the €24,000 that you get waived.
 

Ybias78

2020-09-20 08:42:19
  • #4


So are the 120k or 24k now recognized as equity?
 

priviticerul

2020-09-20 08:53:21
  • #5
The 120k. The 24k are only deducted at the end of the construction phase and do not need to be repaid. Maybe the bank just went along so that we exceed the 20% and get the loan without any problems.
 

Similar topics
28.03.2011Can we afford to build a house without equity?14
26.08.2012Small single-family house, little equity but good income, is it at all feasible?11
20.06.2013Problems with equity - real estate purchase15
26.10.2013Does owning horses/age influence the chance of getting a loan?10
14.01.2014Different share/equity for construction. How to write it firmly?10
17.06.2014House purchase planned at the beginning of 2015 - No equity41
04.09.2014How to use equity14
11.07.2015480,000 loan too high, experiences?36
18.02.2015How much equity is used when purchasing land?13
21.02.2015Impacts on loan when equity is in property17
18.03.2015Buying property feasible - Loan with building savings as equity?12
22.06.2015Land price = complete equity. Finance yes/no?13
22.07.2015Is it possible to build a house with little equity?16
02.02.2016It doesn't work without equity - experience!109
14.04.2016Home financing without equity. Is the financing amount too high?25
25.04.2016High equity, low income: to build or not?47
15.07.2016Planning to build, is it realistic? Young + Equity53
26.07.2016Calculation of equity capital in connection with KfW loan28
29.05.2021Enough equity? Will we even get a loan?30
11.06.2022Use of Credit vs. Equity41

Oben