RotorMotor
2020-03-15 11:40:44
- #1
I just tried out a few variants in the KFW 153 repayment calculator. I noticed that you cannot get the annuity below €383.79 per residential unit with full funding.
Mathematically, this results in a maximum term of 21.14 years. That means the funding is only available in the form of a shortened term, but not in the form of a reduced rate?!
With two residential units, that's quite a high burden of €767.58.
Adding repayment-free years only increases the annuity in the following years.
Does anyone have experience with reducing the annuity or stretching it to a full 30 years?
Mathematically, this results in a maximum term of 21.14 years. That means the funding is only available in the form of a shortened term, but not in the form of a reduced rate?!
With two residential units, that's quite a high burden of €767.58.
Adding repayment-free years only increases the annuity in the following years.
Does anyone have experience with reducing the annuity or stretching it to a full 30 years?