Energy renovation and extension, KFW 261 example

For your information: the KfW funding for climate-friendly new construction restarts tomorrow. The "Nachhaltig Wohnen" program of NRW.Bank should therefore soon return to the old conditions. That means about 2 percent more interest.

Yes, I have already read it. But we won’t manage it that quickly. It’s really crazy that the conditions for renovations get worse again. That’s actually exactly what people are supposed to do. No more words for it...

Yes, I have already read it. But we won’t manage it that quickly. It's really crazy that the conditions for a renovation then get worse again. That’s actually exactly what people are supposed to do. No more words for..

It would be great if the conditions of the KFW 261 also improve again at some point. So that a renovation is worthwhile!

It's already crazy that the conditions for a renovation get worse again. That's actually exactly what people are supposed to do. No words anymore for..

Well, when I see that renovations at KfW are practically provided with a negative interest rate (through repayment subsidy), I don't understand your statements at all. From 1.64% nominal and then 35% repayment subsidy, if you make an old clunker fit again, I find that more than good.

It would be great if the conditions of KFW 261 also improved again at some point. So that a renovation actually pays off!

Even better? Get a loan of €150k, pay no more than 2.4% interest, and gladly receive €50k as a repayment grant? How much more sugar frosting do you need?

For what we have planned, an Italian model (110% funding, but income tax spread over 5 years) would be appropriate. Yes, they are having problems now, but the issue was more with the implementation rather than the principle (this way, tax credits could be resold, invoices were forged, etc.).

I honestly think an interest rate of 2.41 is not bad. You cannot get that on the open market currently. We also receive a repayment subsidy of 37,500, which covers more than half of the interest payments we would have over the entire term.