Why is now the best time to take out a loan?
The interest rates for loans were in Austria, yet never so cheap as it is today. Therefore should no longer maintained with borrowing a further reduction is no longer be expected. Who compares to the loan calculator, you can save even more. The banks offer very different conditions, and especially with construction loans only 0.5% can make very large sums of money difference.
Power handling borrowing
Anticipate additional costs
To calculate the load capacity is an important task, financially guaranteeing the borrowers borrowing. In addition to the monthly rates and the interest rates many more factors are at the calculation of the real estate financing into account.
How will the financial capabilities of reliably determined?
The more the Bill, all the more accurately can the resilience in real estate financing be established. Here not only the revenue and expenditure of the last should be used few months, but the result is the most reliable, if the annual average is calculated. Caution! Who receives child benefit, must take into account when planning, this is no long-term source of income. Also Christmas and holiday pay should not be recorded as fixed income into account. To take any chances, the calculated result as maximum credit value should be considered. It is advisable to take a value below as a guide.
What is taken into account when building or buying a home?
If you take on a loan for a home, must take into account the running costs in the repayment, such as the rental costs for the residence during the construction of House, etc. Other costs include:
- Phone, mobile and TV,
- Furniture etc..
In addition to the credit always a nest egg should be available to pay any unexpected and larger issues, such as such as repairs. Be sure to take into account is also the home insurance, which can vary depending on the provider in Austria and is an average €1,200. take off, since they are calculated on the basis of the remainder of the debt. So the burden falls from year to year, until an amount remains at the end, the up then remaining equal to or through a follow-up financing paid off is.Who prefers a constant sum for the purpose of better planning and want to pay the entire debt with the credit, the annuity loan is advisable for the with constant rate until the end of the payment. Who prefers a constant sum for the purpose of better planning and want to pay the entire debt with the credit, the annuity loan is advisable for the with constant rate until the end of the payment.