Financing Strategy House Purchase Interest-Free Period

  • Erstellt am 2020-01-15 19:35:24

matrix1900

2020-01-15 19:35:24
  • #1
Hello everyone,

I plan to buy a house. It will be available in November 2020. Since I want to carry out some renovation work, I need the interest-only period. (No double burden) How do I best realize this? Do I have to have already signed the financing contract by the notary appointment? If yes, then I don't have much interest-only time left to avoid a double burden? How can something like this be best realized?
 

nordanney

2020-01-15 19:55:12
  • #2
By agreeing on an appropriate repayment start date with your bank. Common practice. Whether you sign the contract before the notary or afterward does not matter.
 

HilfeHilfe

2020-01-16 06:22:19
  • #3
Or save equity for this period and pay the installments from it

Is the financing tight? Sounds a bit like it
 

matrix1900

2020-01-16 06:39:22
  • #4
Tight, but with double burden it gets tight.
 

ManuelS

2020-01-16 09:03:25
  • #5
Can everything be arranged with the bank. It is possible that the purchase price will only be paid later.
 

HilfeHilfe

2020-01-16 14:03:42
  • #6


YES, but if there is equity, you can offset that, right?
 

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