How and when is payment made?

We will probably award our house construction contracts individually and therefore need to make a plan for the financing. Is the cost plan prepared by the architect used as a basis for this? Do I receive the full loan amount from the bank at the beginning, or do I have to provide proof for each invoice individually, then receive the money and settle the invoice? Thank you

There is no general answer to this. The truth will lie somewhere between everything you write. It depends on the bank and partly also on the advisor and the situation.

The more equity you put into a financing, the easier it becomes with the proofs. Also whether it is your house bank, which trusts you and your long-standing customer relationship, or whether it is a "foreign" bank that has clear, strict rules for new customers.

As a rule, small bills are paid from the equity, large bills are submitted and paid directly by the bank, or you get money in portions and have to provide the proof afterwards.

Can I, for example, somehow include costs for smaller trades that I currently have and pay from equity later in the financing (e.g., cistern construction)? I could imagine that in this way the property value has increased by this cistern construction or can you even get that back as cash?

Where to retrieve from and why?

The benchmark for evaluating the entire construction project is, of course, the sum of the land value and all buildings on it (including the cistern).

But you don’t get anything for free, what exactly do you want to retrieve there?

And as always: What you can or cannot do with your financing partner, they will tell you.

Hello, we are currently building a house with the same configuration. We did not rely solely on the cost estimate from the architect but added up the individual quotes from the trades and included reserves. Requests for additional money at the bank are very difficult. For more details please pm.

You have already obtained the quotes from the trades and now it’s only time for financing? That’s usually not how it’s done - especially: All trades already tendered before construction start???

Sure, that brings security - but at this stage you are practically too far along to still make changes (if the bank doesn’t cooperate).