Construction Financing Options - Experiences / Recommendations

Apart from the life decisions you have to make yourself, a visit to the credit broker is advisable here. Your house bank obviously wants to rob you. Once you have market-based figures, the calculations of the various options look quite different.

Under your circumstances, the interest rate, as everyone has already pointed out, is much too high. It should not exceed 1.5%.

If you want, I can calculate it for you tomorrow, of course without providing any personal customer data, mentioning the company I work for, etc. Just send me a private message with a postal code of the property and then the fixed interest period, repayment amount, and any special repayment wishes. That’s enough for now.

@ Admins: If this is not allowed, please give a brief notice.

Best regards

That's just life. But if you put a "What could happen" on everything, life stops being fun

I am single (with two kids), so logically the sole breadwinner. I got the financing without any problems (additionally with a fixed-term contract). I just wanted to point out that you would have two pillars here and would give up one by selling the company. Nothing more, nothing less. Just as a thought.

Apart from the life decisions you have to make yourself, a visit to a loan broker is advisable here. Your house bank obviously wants to rob you.

I had already written that too. I didn’t even ask my house bank... I went straight to the broker.

In your situation, the interest rate is much too high as everyone has already pointed out.
It should not be above 1.5%.

If you want, I can calculate it for you tomorrow, of course without providing personal customer data, mentioning the company I work for, etc. Just send me a private message with the postal code of the property and then the fixed interest period, repayment amount, special repayment request. That’s enough for now.

@ Admins: If this is not allowed, please give a short notice.

Best regards

Unfortunately, I can only send a private message after 100 posts. Can you send me a private message?

I can unfortunately only send a PM after 100 posts. Can you send me a PM?

I can’t do that either xD Sorry. Then write it here, it’s nothing personal except for the postal code which is quite broad anyway.