Use funding freely?

Hello everyone,

we have a combined financing with Deutsche Bank (loan, home savings contract & KFW). Now, in the application, all individual items have been listed (land, broker, house, exterior facilities, garage, etc.). What happens now if I have higher costs for the house after the selection than initially estimated? Am I then allowed to simply use the credit for that and possibly have to save on the exterior facilities or the garage? We definitely do not want to refinance expensively.

Thanks and best regards
Daniel

Yes, as long as it is for the house. If you want the xxxxl kitchen or a cool massage couch, then not... but as always, please coordinate with the bank.

Regardless of the poor financing concept "bullet loan" with Deutsche Bank and the poor (the worst??) building savings rate on the market, you should discuss the additional costs with Deutsche Bank at the beginning, because the house must be completed according to the submitted construction financing with the corresponding construction services, otherwise the final payments are at risk, as the bank will commission a final report before making these payments.

Regardless of the poor financing concept "bullet loan" at Deutsche Bank with the worst (the worst??) building savings tariff on the market, they should discuss the additional costs with Deutsche Bank at the beginning, because the house must be completed according to the submitted construction financing with the corresponding construction services, otherwise the final payments are at risk, as the bank will commission a final report before disbursing these.

Dropps is suckled .... no need to follow up! Bad style

A request, in the interest of everyone here, please do not always comment on my comments, thank you.

A note for you, who think little before letting the keys speak: There are lurkers, help is not always only for the OP. Moreover, I do not have to be right, but it is my opinion and I ask for understanding that I - gladly also well-founded, which I have already done extensively regarding this model in another thread - naturally express it. By the way, as assistance!

A request, in the interest of everyone here, please do not always comment on my comments, thank you. A note for you, who thinks little before letting the keys speak: There are readers following along, assistance is not always only for the OP. Moreover, I do not have to be right, but it is my opinion and please understand that I - gladly also with well-founded arguments, which I have already extensively provided regarding this model in another thread - naturally express it. By the way, as assistance!

That is in your interest, I know of no one else who is bothered by it. And yes, it is a bad style! The product pleased the OP and that is a good thing! Just because you sell a different palette! A story from life. My neighbor always had the best employer, all others were nothing. Now the company is insolvent