Is construction financing possible for a sauna?

I have not claimed otherwise. However, there are also banks that do this already at 5,000 EUR with a small surcharge.

We do not know the situation of the OP, so we do not know where the loan-to-value / remaining debt stands in relation to the lending value.

Any real secured loan will be cheaper than the consumer loan as an alternative.

but that must be a very small savings bank I would at least consider a fair consumer loan against it.

The bank or savings bank itself does not matter.

How can a secured loan be more expensive than an unsecured loan? Other conditions are the same, the land charge in favor of the bank is already registered and there is still "room" available.

That is simply not logical.

I'll check right away. Let's say 10,000 EUR, 5 years term, full repayment, for example even the best credit rating so that you have any chance at all. If you can get well below 4% with a simple consumer loan, then we can talk further.

I'll check right away.

The bank or savings bank itself does not matter.

How can a secured loan be more expensive than an unsecured loan? Other conditions are the same, the mortgage in favor of the bank is already registered and there is still "room" available.

That is simply not logical.

I will check right away. Let's say 10,000 EUR, 5 years term, full repayment, even with the best credit rating so that you even have a chance. If you come in well below 4% with a simple consumer loan, then we can talk further.

I will check right away.

But it is. A new loan-to-value ratio is determined, an interest surcharge on small amounts + possibly another interest surcharge for the small amount.

You can twist and turn it as you like, in mass business such small amounts only pay off as a consumer loan. The banker will offer that as well. Usually they also make more money from it. A popular answer is the minimum amount above 25,000.

That's how it is!

And I say that is not the case.

The current rate would be, just freshly calculated, at 1.98%.

Then we add, say, another 1% surcharge for minimum quantities. And another 1% for no idea what... then I would still be under 4%. The offer would probably be somewhere between 3 and 4%.

And I say that's not the case.

The current rate would be, just freshly calculated, at 1.98%.

Then let's add, for example, another 1% surcharge for minimum quantities. And another 1% for no idea what... then I would still be under 4%. Probably an offer would be somewhere between 3 and 4%.

that is, with all due respect, nonsense.

for 5,000 you won't get a construction loan. There is also a standard contract framework, how do you want to map, for example, a special repayment. Minimum amounts are 25,000.

No, no construction financing, but a real loan. The term construction financing is just a marketing product.

In standard contracts, you can also exclude special repayments, or they are not even present in the first place.

Special repayment rights always cost extra, or are included in the condition pricing.