Stand:updated on 13.04.2023 | Topic Consumer protection Property financing
If you wish to buy an apartment or build a house, we advise you to consider way in advance how you would finance such a project. It will often be necessary to take out a property loan for this purpose. With property loans, a fixed interest period is agreed in most cases. During this time, the borrower’s monthly instalment payments remain unchanged. The property serves as collateral for the bank. Amounts saved for the purpose of building or purchasing a home (Bausparen), which subject to certain conditions are government-sponsored, can serve as a basis for property financing at some future time.