Times are good to fulfill his own dream of the House or home ownership. Favourable credit conditions and low interest rates promise affordable dream homes. As you can cheap Fund House construction, mortgage lending show KfW banking group. The Kreditanstalt fur Wiederaufbau with their top terms promotes energy-efficient construction and renovation. To finance of the KfW in particular the two programs include energy efficient construction (153) and the KfW home ownership program (124).
Both funding opportunities include 50,000 euros of loan amount to especially favorable interest rates. The energy efficient building program the establishment or acquisition of a KfW efficiency House 70, 55, 40, or a passive house is promoted. According to the energy saving mode low interest rates are to agree, some energy-saving programmes are almost completely taken over by the Bank. The future Lord of the House is so rewarded for its environmental – and resource-efficient building. And even in the long run, ultimately he saves with these Measures money at the later power supply. The builders can get repayment subsidy upon establishment of an efficiency-House 55 or better up to 10 percent of the loan amount. Another advantage is the ten-year interest rate for up to 30 years repayment term. The promotion can be used for eligible construction or purchase costs (not the land).
The KfW home ownership program promotes the acquisition or the construction of a house without putting anything on energy efficiency to KfW funding for residential property. The target group are individuals who want to take advantage of these houses or the property itself here. In contrast to the energy efficient building program, also the cost for the land here next to the building and construction costs are recoverable. Or but the purchase price and costs for the renovation or modernisation of an existing building. Borrowers can choose between a five – or ten-year interest rate for up to 35 years of repayment period. In addition to the closer considered programs there are yet funding for photovoltaic installations, as well as various programs for home renovations or age-friendly remodeling. Usually a combination of credit of the own bank as well as the KfW programmes is recommended. However, these programs cannot be combined with funding from the State.