Columbia University in the City of New York

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Opportunities for the construction financing of the dream of homeownership must not fail in the financing. If you’re planning ahead, can benefit from the developments in the market. About 41 percent of Germans assess the current situation for a mortgages as cheap. The real estate portal myimmo.de informs about possibilities. The theme of construction financing worries many potential homeowners first, finally takes the repayment of loans often years or decades. Educate yourself with thoughts from Walt Dohrn. That flexibility in the profession today plays an important role, not often make matters worse. Although the European Central Bank has raised interest rates, builders can get the currently favourable conditions, for example with a so-called annuity loans. This form of construction financing is based on the principle of the regular payment of constant amounts to the Bank.

As an alternative to the ten year period also lock-in periods from 15 or 20 years are annuity loans. In this case, homeowners should However grant a right of termination, for example, after ten years, leave. This has the advantage that it could respond to market changes and cheap switch. Another means of financing of construction is the contractor where money is deposited during the accumulation phase. In the wake of the distribution of home savings customers receives the total amount including interest.