Which bank has the best conditions

  • Erstellt am 2022-08-10 20:42:41

Kieselstein

2022-08-10 20:42:41
  • #1
Hello,
Can someone tell me which German bank currently offers the best interest rates?
500k loan volume, approx. €2200/month loan installment, term 30 years
I am from Austria and our construction project is also here. I would like to get information on how the conditions are in Germany.
I have an offer for 15 years fixed at 2.875% and then variable with 3-month EURIBOR + 0.65%.
Can this be beaten in Germany? Are there banks that should be looked at more closely?
Thanks for your info
 

xMisterDx

2022-08-10 22:29:18
  • #2
uhm... what exactly do you expect? Comparisons between different banks are made by service providers like Interhyp or Dr. Klein... We do not know: Your equity, your property, your land, your planning, your developer, your income, your collateral, etc., etc. I was at Interhyp, the best terms were with Santander... but after the inquiry they wanted significantly more equity... In other words: Even if it looks good on paper, you only have the terms fixed once the bank has checked everything.. Long story short: Your question cannot possibly be answered and the effort will not be worth the potential 0.1% interest advantage.
 

SaniererNRW123

2022-08-10 22:32:16
  • #3
Yes, someone can. Namely, a credit broker. The conditions can also be the best at a different bank each day.
 

Kieselstein

2022-08-10 22:55:38
  • #4
Well, of course not exact figures, but is the fixed interest rate about 4% or 1% under the mentioned conditions??? For us, there are clearly 2-3 banks with the best terms. Or experience from people who have recently taken out a loan...
 

Kieselstein

2022-08-10 22:57:44
  • #5
I just want a rough indication regarding the fixed interest rate. Is it between 2-3% or less than 2? Here you can already say that relatively precisely. There are 2-3 banks that come into question.
 

xMisterDx

2022-08-10 23:00:10
  • #6
What makes you believe that you would get significantly better conditions 300km further north with the same prerequisites? The banks aren't stupid, are they? I would rather expect that as a foreigner you would pay risk premiums because in case of doubt, you can't be held as easily as in Germany? Outside the Eurozone, I might understand these speculations... but between DE and AU?
 

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