What loan amount and how much equity capital should be reported to the bank?

Not quite... but almost. The bank is interested in how much equity is available purely for creditworthiness reasons. However, it is up to everyone to contribute only a part of it to the financing. Therefore, consider how much you want to keep back for incidental purchases. You can then do it the same way by first using your equity and later using the corresponding invoices for the loan disbursement. Lay all the data on the table openly and honestly, and a good advisor will also make you a fair offer.

Yvonne, that is not the problem. Besides the construction costs, as you know, there are additional costs that the bank usually does not consider as BK from the annuity loan. The fence, furniture, new lamps, moving costs, curtains, etc. All small stuff, but in total not insignificant. It is simply good to know that the bank is willing to provide money from the loan for such things as well, so you then need to hold back less equity.

A construction loan is a real estate financing .. that means, only real estate items are financed at this favorable interest rate...why? Because mobile items quickly disappear in the event of a forced eviction. [emoji6] It is good that at least fitted kitchens can be financed. Therefore, please calculate very precisely what should be paid from your own capital and what should remain as reserves.

Thank you for the ideas. So both options are okay, although with option 2 you have to make sure that you don't still have a construction site in 20 years, since the slightly lower monthly burden does not allow for the immediate purchase of all furnishings. This reminds me of another option. Instead of an initial repayment rate of 2%, you could also choose an initial repayment rate of 1% (provided the bank agrees and the interest rate does not change as a result). Additionally, you would allow yourself the possibility of changing the repayment rates, so that after purchasing all furnishings within, say, 2 years, you can increase the repayment rate. This way the initial monthly burden would be much lower. In the end, of course, you have to keep an eye on the remaining debt. Possibly, this way you could not only buy the furnishings gradually, but also part of the outdoor area such as paving the driveway, paths, topsoil, fence, etc. What do you think of this third option?

Outdoor facilities are included in the financing calculation and are usually co-financed as well.

Best regards in brief

Three is stupid. Without exterior lights or suitable curtains, that's still okay. But without a driveway, without a stair landing, for months through construction debris, over Euro pallets, thistles growing all around, no.