Neu_Koelner
2016-08-05 15:44:18
- #1
Here finally for information for everyone who has been so helpful here (thanks again). The financing is now sealed - and the "winner" is a very conventional option:
Component 1) KFW 153 - fixed interest rate for 20 years at 1.5%
Component 2) Bank loan - fixed interest rate for 20 years at 1.87% with up to 5% prepayment annually
Initial repayment is on average just over 2.7%
Monthly total costs are about €2000 - just as planned from the start.
Perhaps there could have been a few basis points less for the bank loan at the moment, but instead of squeezing out the last €, we opted for the advantage of direct and more personal contact with a local SK.
So then soon to the next step ... the house construction itself
Component 1) KFW 153 - fixed interest rate for 20 years at 1.5%
Component 2) Bank loan - fixed interest rate for 20 years at 1.87% with up to 5% prepayment annually
Initial repayment is on average just over 2.7%
Monthly total costs are about €2000 - just as planned from the start.
Perhaps there could have been a few basis points less for the bank loan at the moment, but instead of squeezing out the last €, we opted for the advantage of direct and more personal contact with a local SK.
So then soon to the next step ... the house construction itself