For many people, the decision to buy a prefabricated house is due to the fact that a quick move into the home can be made. However, as the costs often exceed your own reserves, a loan must be taken so that they can be mastered. The credit for a prefabricated house are adjusted as real estate loans exactly to the specifications of the construction.
Borrowing requires a high level of security for the banks as it is a fairly large loan amount. In addition to the Schufaauskunft, which must be without negative entry, the income must be sufficient for the livelihood and the credit can be denied.
Not infrequently, it is important that the second partner is included in the credit agreement for married couples, so that the banks can assert their claims to two persons.
Where do you get the best interest?
The credit for the prefabricated house should be applied for online, since the better interest rates apply here than with a branch bank. Since the terms are not small, even an interest differential of half a percent can be a very expensive affair. The prefabricated house would become so unnecessarily expensive, so that the providers of online credits for the prefabricated house should be compelling compared. Reductions in interest rates can be implemented for your own benefit.
With a credit for the prefabricated house, the interest can also be directly influenced by a number of factors. Firstly, it is the fixed interest period, which is always the same as for the real estate loans with the repayment term. Very short maturities are more expensive, so it is advisable to have a long maturity, if the interest at the time of closing is very low, so it can remain so long in future increases.
Furthermore, the initial repayment rate can have a significant impact on costs, so that you should also choose exactly what portion of the monthly installment is to be used for the repayment and which for the ancillary costs.
And last but not least, it is the collateral, like the own equity, which will directly influence the interest rate. Again, the lower the banks assess the risk of default, the lower the interest rate for the prefabricated house loan.