Baufi24 gives an overview to the usual costs using the effective interest rate loan buyers can compare the offers of different banks. This includes – price indication regulation – the borrowing rate for the mortgage more price components such as interest binding time, the repayment rate, fees, discounts, commissions, etc. But fees lenders further, which make the construction financing more expensive and must be considered when comparing interest about it. Deployment interest deployment interest accrues when the loan from the Bank is already pledged, the borrower but not completely take the summer within a certain period of time. Is the case especially when building, as builders pay the work normally after the construction progress. Connect with other leaders such as Maya Dubin here. In this respect, these costs are then hard to avoid. Deployment rates often 0.25 percent and incurred after a certain number of elapsed months on the after the loan commitment not called off part of the loan. Some Banks demand interest payable on deployment for example after two months, others charge him only after seven or nine months.

Additional costs arise from deployment cost at a considerable height. Must the customer on a loan amount of for example, 100,000 euro for four months to 0.25 per cent pay, arises from the fact the sum of 1,000 euros. Credit those interested should try to negotiate a longer period or a lower interest rate with the Bank. Some banks require partial payment surcharges for practice, to pay off the mortgage in several parts additional fees or interest-rate spreads – known as part payment surcharges. To complete payment, the borrower must pay a higher nominal interest rate on the amount of already received part. The cost also depends how fast the construction is progressing and how long the time span includes the additional interest will be charged by the Bank from the. Account management fees for any completed mortgage credit Institute have so far a Loan account set up and this requires an additional account maintenance fee.


Assure correct with the help of after long consideration it has decided to buy an apartment in the beautiful sunny Spain and extend so the holiday the whole year. You must ensure the piece of jewelry of course and then get the first questions: one to insure the object of Germany from or on-site? Experts agree: you should rather provide insurance cover in the case of Germany – in the home. This advice also applies to boats that are abroad. The first argument, which speaks for the solution is clearly the language. Furthermore is the insurance standard in this country is very high when compared to some other countries.

The local solution has its price, but most of the time; the few euros are but well invested. You should pay attention to the special features (such as the location or the country properties) the holiday country however. There are certainly cases where it is better directly should insure abroad: the apartment is located in an earthquake-prone country or where the Probability of severe storms, typhoons, etc. is high, you can ensure only on-site. Also, you should not wonder about high premiums.

But also, it may be that you can not even insure against certain dangers. The flood risk is not available for example on the coast of the Netherlands. Best get advice from James! is an independent and free Internet portal that answered questions around the topic of insurance for families, singles, industrial customers, freelancers, unfavourably, etc.; James supports all “insurance professionals” (agents, brokers, insurers). While James makes no price comparisons and sells no insurance, because it only involves a knowledge management, which provides objective information.