Experience / Opinion on home financing with a high loan amount

2019-04-26 20:37:13

How high are your additional purchase costs (notary, tax, broker)? Can you pay them separately, or must the amount still be deducted from your 45k equity?

2019-04-26 21:27:44

Dear Tassimat,

on the one hand, I do not just claim this, but justify it with Europace, on the other hand, no one definitely spoke of that, rather I write, I see a 1.4%.

170,000 euros land purchase price
thereon
13,600 euros incidental acquisition costs
361,400 euros construction/acquisition costs
---------------
545,000 euros total costs

Lending value: 531,400 euros
Financing requirement: 500,000 euros after 45,000 euros equity contribution
Financing requirement 400,000 euros after 45,000 euros equity contribution and deduction of 100,000 euros KFW
Loan-to-value ratio 94.10% with KfW
Loan-to-value ratio 75.3% Berliner Sparkasse calculates KfW out of the lending value, accordingly the interest for the 400,000 euros is calculated on that

Another lending value can only arise if other companies calculate with other guidelines, but this will not be the case here, or not the reason for the offered interest rate difference, since the difference of the offered conditions is 0.14% and a further interest surcharge is only charged again at over 80% (always under the aspect of KfW deduction) and that is at least 0.25%, on top of the already priced-in 0.2 % greater than 70%, less than 80% (in total 0.45% surcharge at loan-to-value ratio over 80%)

Break-even 1.36%
Discount loan amount under 750,000 euros -0.15%
Surcharge LTV less than 80% greater than 70% +0.2%

The interest rate difference can only arise due to lower or higher margins of the companies that the bank prices into the break-even.

Mirakuli, yes you can, I would like to help the consumers here and if it were up to me, also in this way, or with these possibilities.

2019-04-26 21:32:28

Fixed interest rate from acceptance plus 3 days. Repayment only upon full disbursement

???
Fixed interest rate as agreed in the contract. With us usually exact to the day. Other banks also aligned to the end of the month.

Repayment start as agreed. Standard is the end of the month after full disbursement.

2019-04-26 21:37:46

???
Fixed interest rate as agreed in the contract. For us, usually exact to the day. Other banks also matching the end of the month.

Repayment start as agreed. Standard is the end of the month after full disbursement.

HelpHelp just wanted to write something

2019-04-26 21:42:02

If what you write regarding the fixed interest rate period were true, no loan agreement could have a start date, because when drafting the loan to be signed, one would not know when the customer signs/accepts the loan.

2019-04-26 21:58:52

Overall it requires

Dear Tassimat,

on the one hand, I do not just claim that, but justify it with Europace, on the other hand, no one definitely spoke of that, rather I write that I see 1.4%.

170,000 euro land purchase price
thereupon
13,600 euro incidental acquisition costs
361,400 euro construction costs/cost of production
---------------
545,000 euro total costs

Mortgage lending value: 531,400 euro
Financing requirement: 500,000 euro after 45,000 euro equity contribution
Financing requirement 400,000 euro after 45,000 euro equity contribution and deduction of 100,000 euro KfW
Loan-to-value ratio 94.10% with KfW
Loan-to-value ratio 75.3% Berliner Sparkasse calculates KfW out of the mortgage lending value, accordingly the interest for the 400,000 euro is calculated on that

A different mortgage lending value can only arise if other companies calculate with different specifications, but this will not be the case here, nor the reason for the offered interest rate difference, since the difference of the offered conditions is 0.14% and a further interest surcharge is only charged again at greater than 80% (always under the aspect of deducting KfW) and that is at least 0.25%, to the already priced-in 0.2 % greater than 70%, less than 80% (in total 0.45% surcharge for loan-to-value ratio greater than 80%)

Base rate 1.36%
Discount loan amount under 750,000 euro -0.15%
Surcharge loan-to-value ratio less than 80% greater than 70% +0.2%

The interest difference can only arise due to lower or higher margins of the companies, which the bank prices into the base rate.

Mirakuli, yes that is possible, I would like to help consumers here, and if it were up to me, also in this way, or with these possibilities.

How can one contact you?

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Experience / Opinion on home financing with a high loan amount

Tassimat

Noelmaxim

nordanney

Noelmaxim

Noelmaxim

mirakuli