Building savings calculator
Building savings contracts in comparison 2025
Building savings contracts in comparison 2025
A building savings contract is a combination of savings plan and real estate loan. For many people, it offers a great opportunity to invest their money at low interest rates. Compare your home savings offers here!
Guidebook Content:
A building savings contract combines two contracts: A savings plan and a real estate loan. It is divided into two phases, the savings phase and the repayment phase. In the savings phase, the interest rate charged for the building savings contract is usually somewhat lower than the market mortgage rate. In addition, there are acquisition and administration costs for each building savings contract.
When a building savings contract is concluded, a building sum is first specified that the saver wishes to invest in a property. The customer now saves a building sum that usually corresponds to 30% to 50% of the fixed building sum. The other percentages are paid out by the building society as a loan. When enough money has been saved, the building savings contract is ready for allocation after a certain period of time.
The savings phase is followed by repayment, which also takes several years. Here you should note that the higher the repayment rate, the lower the interest.