Financing comparison - Now it's getting serious

Somehow you keep repeating your mistakes. You are calculating with fictitious price increases for a property that you don't even want to sell. And you’re patting yourself on the back about how rich you are with the property full of trees.

The bank probably looks at the issue differently. You bought a forest for €58,000 four years ago, and in that time you have only paid off €20,000. Additionally, you need €25,000 (?) to turn the forest into a building plot – and you still have to borrow that money. And now you are using prices from tie-in deals as a reference and think that this land is worth €500,000? So in total, you only have about €20,000 real equity in it. And maybe some valuation gain from the standard land value.

Have you already maximized the repayment for the property? Maximum repayment plus maximum special repayment?

@ - For Fichtenwalde there is indeed no reference size or conversion given, so one will probably have to calculate with general values like you posted.

I also know builders for whom, for example, the KfW loan was recognized as equity, etc.

No, it does not exist. EIGENkapital is capital that comes from the customer. The KfW loan is called a loan because it is borrowed money.

However, some banks do not include it in the outflows, since the KfW loan is subordinate and the bank refinances itself only through the KfW (and receives a margin for that). So the bank can also grant first-ranking conditions for the first-ranking financing (e.g., negative refinancing through a covered bond).

There is a lot of half-knowledge floating around...

I assume that you then know all banks and their conditions.

The majority - that is also my job.