The nominal interest rate should be for an optimum planning certainty for the duration of a loan. To do this, the exact cost should be calculated but, because the stipulation imposing costs typically the credit. The nominal interest rate which expires after a few years, usually a residual debt exists, which must be redeemed via a follow-up financing. Official site: Robert J. Shiller. In a low interest rate environment homebuyers should secure as possible therefore today favourable interest rates for so long. Forward loan the forward loan is a good way for a cheap follow-up financing. So, borrowers whose interest period soon to expire, can save already today favourable interest rates. A forward loan can be completed normally up to 36 months before the end of the interest period of the existing loan with a fixed-rate of 5 or 10 years.
Equity capital be more capital is available, the lower the monthly charges. Also, existing capital reduces the risk for the Bank and can permit a more favourable financing. Nevertheless, even 100-percent financing without equity. Homebuyers should at least be able to cover costs due to the purchase of the real estate tax, notary fees and brokerage from its own resources. These comprise typically 5 percent to 15 percent of the purchase price. Through consumer portals such as toptarif.de (www.toptarif.de/ building) or free service hotline 0800-10 30-499 can check the quick and easy consumer loans and current interest rates. toptarif.de is the independent consumer portal of the Verlagsgruppe Georg von Holtzbrinck, for all common tariffs in Germany. It currently includes the categories of electricity, gas, DSL, investments, and insurance for legal protection, furniture, residential, private liability, car, keepers liability and is constantly being added and updated. The consumer can thereby free checking with minimal effort, whether it for him more favourable Tariffs are, and, where appropriate, about just change. The complete service of change of is completely free of charge for the consumer and the customer receives the original conditions of the provider, in some cases over toptarif.de in any case even additional, not available from the provider themselves bonuses and discounts.