There is no universal answer, it depends strongly on your personal situation! This makes the purchase of a house even more expensive Nowadays:
How to find the best credit for your own home?
The sum should cover the lending rate and the acquisition-related costs (eg B. for money, heat, water) and should not be more than previously. The best way to go first to a bank
This is the only way for the consultant to know how much the monthly loan interest can be. It’s best to list all of its costs, keep a budget book for at least two months. To what extent should I decide to pay interest? Benefit from the favorable interest rate level for a long-term lending business. Attention: The loan is fully repaid until retirement.
Advantage: With rising interest rates, debt financing of the remaining debts becomes expensive after 10 years. You should set a repayment rate of at least 3 per thousand. Currently there is the best interest (purchase price 200,000 EUR, loan amount 17,000,000 EUR, 3% repayment, Hamburg operations): Yes, it will help you to pay back the loan more quickly. This makes sense if you receive a certain amount of money each year in addition to your salary (eg? Christmas Bonus).
Who pays for a flexible repayment rate?
However, if you need to save on this, you should from the outset prefer an increased amortization. When planning a child’s household income usually decreases temporarily. During this time, you can reduce the monthly loan cost with a variable repayment rate. Tip: If you have found your dream home and you or your spouse are currently on maternity leave under B., you can fund it with a favorable repayment rate and raise the repayment at a later date.
In the case of a new building, you will need the loan usually no later than half a year before commissioning. Make sure that the financings meet a timeframe of six months, better one year. No, not at the beginning of the round of financing! In general, banks’ interest rates are better at the moment.