Together with your own funds, a building loan acts as a gradual source of financing for your new build or renovation project. It is provided from the point of land acquisition through to the delivery of the finished property and consolidated after the building phase has been completed - i.e. converted into a mortgage.
The interest rate changes depending on the market situation.
The term lasts until the building is completed..
Amortizations are possible in principle. However, the loan is normally consolidated after building has been completed.
Income and costs
Calculate “how much house” you can afford and how high the costs will be on the basis of your own funds and your income. You should allow for a sufficient reserve for unforeseen events, especially for new builds and renovations.
Your client advisor will provide you with information about all further conditions.
We are happy to check your mortgage inquiry and can make you a detailed offer. It is best to bring the Checkliste Immobilienfinanzierung with you to an initial meeting.