KFW Credit 261: New Construction Efficiency House 40 NH

Hello everyone, I am new to the forum and two weeks ago my fiancée and I purchased a building plot from a municipality in a new development area. At the moment we are still in the review phase, meaning we are looking at which design and size of a single-family house generally appeals to us and which things we absolutely need, etc. Whether it will be an architect-designed house or a prefabricated house is also not yet decided. Basically, healthy living and a high energy standard are important to us (as long as this can be financially managed). Of course, the question of financing is not yet clarified (we bought the plot from our own savings without a loan, etc.).

Regarding my question: The KFW 261 funding program is known to expire on 28.02.2023 and the subsequent program offers significantly worse conditions (or am I mistaken)? Now we are wondering whether it is realistic to still submit a funding application for 261 (and possibly 124) on time by 28.02. to secure the supposedly more favorable conditions. Do you think this is doable and worthwhile (e.g. through a financing broker like Interhyp)?

Thank you very much Tobias

Where does the info that KFW261 is ending come from? [Edit: Sorry, this is about new construction, all right.] First, get clear about what you want, then you can look for funding.

The lead time for proper planning is usually several months with good planning, not weeks.

If you're building an architect-designed house, it usually takes even longer.

Hello SoL, thank you very much for the feedback. Of course, we will take the time to create a plan that suits us. My question was more in the direction of whether it is wise (and possible) to secure the current KFW conditions, even if a detailed plan and thus the financing requirement do not yet exist. In the home ownership program 124, for example, there is only a time window of 6 months to submit an application after purchasing a plot of land...

No, not possible. The financing goes through the bank, and what are you supposed to tell the visitors if you don't know anything. You don't just go and say "Give me €500k, including €150k KfW" - "Ok, what do you want to do?" - "Phew, no idea, but just do it."

P.S.: The financing requirement may come from the rough planning. Detailed planning can gladly follow afterwards. But with you, there is simply no planning (so far).

You can only get a confirmation for the application (BZA) once the energy consultant has had something to calculate. In other words: Cubature, wall structure, window areas and construction, basement/floor slab with appropriate insulation, roof must all be pretty much final. And then you have already completed the major part of the building application

All right, that is understandable, thank you very much!