Is starting construction in 2015 reasonable?

  • Erstellt am 2015-01-27 23:17:06

sirhc

2015-01-29 23:19:01
  • #1
If construction starts in 2015 but is only completed and documented in 2016, does the old or the new standard apply? Is it meant that one can choose?
 

Häusle77

2015-01-29 23:44:24
  • #2
Can you explain that to me in more detail?
 

Bauexperte

2015-01-30 00:32:14
  • #3
Good evening,


Until 31.12.2015 you can choose whether you want to build according to the currently valid Energy Saving Ordinance or rather according to the "tightened" version applicable from 01.01.2016. The date of the building application counts, not any documentation.

Rhenish greetings
 

Panama17

2015-01-30 08:38:07
  • #4
Is there actually a fixed period within which construction must begin after the building application has been submitted? Or after a permit has been granted?
 

nordanney

2015-01-30 09:06:55
  • #5
For the banks, the ratio of loan to mortgage lending value is relevant for determining the conditions (and refinancing) = loan-to-value ratio. Since KFW funds are always subordinate and the bank does not have to purchase this liquidity, these loans are not taken into account for determining the conditions.

Example: Loan request EUR 210,000 - mortgage lending value of the house EUR 265,000 - interest rate for mortgage loan (60% loan-to-value): 2% - interest rate at 80% loan-to-value: 2.5% - KfW interest rate 1.0%

Option 1: Loan from the bank of EUR 210,000 = 2.5% for the entire loan

Option 2: Loan EUR 50,000 KfW = 1.0% + bank loan EUR 160,000 = 2.0% = average interest rate significantly lower
 

Häusle77

2015-01-30 09:41:59
  • #6
Thank you, now I understand. However, if I stay below 60% loan-to-value anyway, only the average interest rate changes minimally, nothing else, right?
 

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