baum2020
2019-02-23 11:33:18
- #1
Hello everyone,
we are going to build a house (contract with the GU has been signed) and are about to have discussions with the banks. Previously, we have already inquired about the "feasibility" with two financing brokers and the house bank.
I understand that most people take out a mortgage for the entire amount. But it seems there are also people who split this: costs for the house from the GU + additional construction costs in a large loan and then, for example, take out a separate loan for the garage, etc. The kitchen, for example, is then financed directly through the furniture store. etc.
Now the question arises for me whether this makes sense? Or could the bank that is registered as first priority in the land register then assess the property value lower and the conditions for the interest rate be correspondingly worse?
For me, the incentive would be to have more leeway with the repayment rates and then, for example, pay off the loan for the garage faster etc.
we are going to build a house (contract with the GU has been signed) and are about to have discussions with the banks. Previously, we have already inquired about the "feasibility" with two financing brokers and the house bank.
I understand that most people take out a mortgage for the entire amount. But it seems there are also people who split this: costs for the house from the GU + additional construction costs in a large loan and then, for example, take out a separate loan for the garage, etc. The kitchen, for example, is then financed directly through the furniture store. etc.
Now the question arises for me whether this makes sense? Or could the bank that is registered as first priority in the land register then assess the property value lower and the conditions for the interest rate be correspondingly worse?
For me, the incentive would be to have more leeway with the repayment rates and then, for example, pay off the loan for the garage faster etc.