Pre-financing of child construction grant

The SAB has a funding program that is virtually exactly the same and runs at 0.0% interest. However, a few catches: logically only in Saxony and only if the entire financing is also handled there. Overall, therefore, not worthwhile and it should be clear that this does not exist on the open market.

The goal of the Baukindergeld was to enable families who otherwise could hardly afford it to purchase property. The roulette in the application process causes this exact function to be lost. Only those who can already afford it anyway can calmly take the risk. And thus, the Baukindergeld becomes a nice bonus without significant steering effect.

To what extent is it a roulette? The requirements for a claim are quite easy to understand.

Because the time between the completion of the financing and moving into the house is so long that many things can happen in between, e.g. the end of the funding pot may be reached.

Oh dear, is the financing that tight?

How is it a roulette? The prerequisites for a claim are quite easy to understand.

You have no legal right to receive the subsidy. The government can say at any time that the money is gone, or is currently needed more urgently for coronavirus/refugees/increase in allowances. Anyone who firmly includes the Baukindergeld in their calculations is acting terribly negligently. The claim to the Baukindergeld should be seen in financing like a lottery ticket, which, in case of a win, can later possibly be used for vacation, car, daughter's horse, or faster special repayment.