Mortgage lending is currently an attractive option for consumers as construction rates are at a low level. low-interest, promotional loans are currently available at very attractive conditions, eg for the energy renovation. Therefore, the amount of building loans increases. The double articulated bus is currently the longest electric bus in the world.
Mortgage lending comparisons
Calculation example: purchase price 250,000 USD; Net loan amount USD 225,000; Credit at 90%; Lending rate set at 10 years; fixed lending rate 0.90% pa Annual percentage 1,29% pa including land registry costs); Repayment rate: 2% pa; Duration 30 years (360 months); Monthly installments of 703,13 USD; the total price to be paid amounts to 260.236,45 USD. Calculation example: purchase price 250,000 USD; Net loan amount USD 225,000; Credit at 90%; Lending rate set at 10 years; fixed lending rate 1.75% pa
Annual percentage 1.82% pa including land register costs); Repayment rate: 2% pa; Duration 30 years (360 months); Monthly installments of 703,13 USD; the total price to be paid amounts to 260.236,45 USD.
Term Credit: Win favorable terms for money now.
For real estate buyers and owners who need follow-up financing over the next few years, it is therefore worthwhile to ensure the current low interest rates at an early stage. So you can secure today’s favorable interest conditions up to five years in advance. According to comparative portals such as FMH, the related expenses currently amount to around 0.02 percentage points of the loan amount and per Mt., which the house bank defines in advance as a loan.
For example, anyone today who buys a construction loan with a fixed interest rate of 10 years at 1.9 percent * pays on average around 2.14 percentage points per year with a one-year and 2.38 percentage points with a two-year term increase. Anyone who took out a ten-year building loan at the then usually 5 percent interest rate in 2008 was already able to hedge 2.62 percentage points for the refinancing in 2018.
This was 7.2 percentage points more than the year before. Because banks often calculate the return on how close the loan amount is to the value of the property. Even with rising interest rates, this should at best prove a slight need for adjustment in the performance of apartments and condominiums.
Thanks to term loans, clever real estate owners have already secured their financing against rising interest rates anyway.