When do you take care of the loan with a high equity ratio?

Hello, my house construction will start in a few months. I am in the fortunate position that I can probably cover about 90 - 100% of the capital requirement for the house through equity + an interest-free loan from my parents. So, I will probably only need the bank loan next year for furniture/furnishings, garden/external facilities, and possibly for the final trades. When should I go to the bank in my case? Best regards

I would still go to the bank immediately and finance the property with at least 40%. Top conditions, possibly [kfw]? with special repayments and an eternally long term. Maybe consider using part of the equity to create a separate rental model or a duplex? Financing furniture is probably not possible at the great conditions like the construction!

Okay thanks for the answer. That's exactly why I mean, because then it’s no longer really a construction loan if the house is already built. I will do that.

So if you want [immo-Konditionen] you should go to the bank now. You can of course also do it later and then have a [Grundschuld] registered, but that can also backfire. Oh, many banks charge surcharges if the loan amount is under 50,000.

It will probably be 50,000, but likely not much more.

Not to mention repayment grants!