Withdraw partial money from a home savings contract?

  • Erstellt am 2012-10-17 19:23:52

schnuffy1de

2012-10-17 19:23:52
  • #1
hi

I have a question
we have two home savings contracts that are fully saved up (so not just 40-50%)
the question is, since it is an old contract, can you actually say, I want 50% of the money and then use the other 50% as a loan?

for example:

home savings contract 10,000€
saved up 9,991€

so that you say, I now want 4,991€
5,000€ stay in and the other 5,000€ I take out as a "loan"
or do banks not do that? because they would prefer to transfer the entire amount to us

best regards
 

Musketier

2012-10-18 13:07:20
  • #2
To my knowledge, building savings contracts can be split. Just ask your building society representative. They can then provide you with information about the conditions. The question is whether it makes sense to take out the loan, since the interest rates from the old contracts are higher than the current mortgage rates.
 

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