DaSch17
2021-09-20 14:25:13
- #1
In five years, a follow-up financing is due on an outstanding debt of €510,000.
We want to fully finance the remainder over 15 years. Currently, the family income has increased to €8,500 per month,
The standard land value has risen significantly, so the property value should be around €980,000.
My Schufa score is 99.2.
Assuming the key interest rate remains as it is, what interest rate could I expect for the follow-up financing (even though this is very hypothetical)?
Assuming the valuation is correct, you have a loan-to-value ratio of about €780,000.
In five years, a follow-up financing is due on an outstanding debt of €510,000.
We want to fully finance the remainder over 15 years.
A full repayment over 15 years with a loan-to-value ratio of about 65% currently comes with a rate of around 0.85% p.a.
If you were to agree on a forward rate now, the interest rate would be about 2%. In my opinion, that would make no sense at all.