Cologne -
Three major factors affect the price of real estate: the loan rate, loan amount and the initial eradication. The loan interest rate plays a decisive role, because the lower the interest rate, the less expensive financing.
Due to the long maturities of five, ten or 15 years, even small interest rate differentials contribute massively. A fortiori, of course, differences of one percent or more as is common today among banks and savings banks.
Tip: The EXPRESS-computer you can easily compare the offers of the banks.
The difference is in the direct comparison of costs significantly: for example, a 100,000-euro loan with fixed interest and a ten-year nominal interest rate of four percent, one percent of early redemption 417 € per month. If the rise in loan interest rate to five percent, already 500 € to be paid to the bank where six percent of the price climbs to 583 €. A similar picture emerges in dual-credit: a 200,000-euro loan to the same conditions at four per cent nominal interest costs € 834 per month, with five percent exactly € 1000 € 1166 and six percent.
There is this rule of thumb: For every 100,000 € credit a rise in interest rates by one percentage point will cost around 83 € more per month. counted on ten years is the additional effort just 10,000 euros. For property buyers so worth a thorough comparison.
With top provider as Huk-Coburg or the borrower to pay for a life Hanoverian 200,000 € loans currently only 3.8 percent nominal rate, the monthly rate is around 800 €. Are also favorable, Volksbank Münster and the German bank with a 3.88 or 3.99 percent. Considerably more customers, however, must at BHW (4.50 percent) and the Victoria insurance (4.76 percent lie). Under the latter, the provider monthly payment amounts already to 960 €!
Prefer a shorter or longer terms? Because of the still very low interest rates currently recommends a security interest over at least ten, 15 or even 20 years.
Construction financing calculator: www.express.de / baufinanzierung
