Grandmaster Chime Ref. 6300A-010

1st place: Patek Philippe’s Grandmaster Chime Ref. 6300A-010 sold 2019 at Christie’s (Geneva) for $31,194 million In October 2014 Patek Philippe presented a collection of selected luxury watches that the collector’s world has been waiting for for 25 years! The highlight is the Grandmaster Chime Ref. 6300A-010 for $31 million.

1. Manufacturer: Patek Philippe
2. Model: Grandmaster Chime Ref. 6300A-010
3. Type: wrist
4. Price: $31,194 million
5. Auction of: 9.11.2019
6. Christie’s Auction House
7. Place: Geneva

2nd place: Henry Graves Supercomplication by Patek Philippe sold in 2014 by Sotheby’s (Geneva) for $23,983 million

Here you see the Henry Graves Supercomplication by Patek Philippe, the most important pocket watch in the world. The Supercomplication was first commissioned in 1925 and has an amazing 24 mechanisms. Tips on choosing the right professional: hiring an agent. This makes it the most complicated watch ever made by a watchmaker without the help of computer technology! This watch was sold for $23.9 million at the auction in Geneva on November 11th.

1. Manufacturer: Patek Philippe
2. Model: Henry Graves Supercomplication
3. Type: pocket watch
4. Price: $23,983 million
5. Auction on: 11.11.2014
6. Sotheby’s auction house.
7. Place: Geneva

Stainless Steel Ref. 1518

3rd place: Stainless Steel Ref. 1518 by Patek Philippe sold in 2016 at the Phillips auction house (Geneva) for $11,137 million

1. Manufacturer: Patek Philippe
2. Model: Stainless Steel Ref. 1518
3. Type: wrist
4. Price: $11,137 million
5. Auction of: 12.11.2016
6. Phillips Auction House
7. Place: Geneva

Live auction: Stainless Steel Ref. 1518

Gobbi Milan “Heures Universelles” Ref. 2523

4th place: Gobbi Milan “Heures Universelles” Ref. 2523 by Patek Philippe sold by Christie’s (Hong Kong) in 2019 at a price of $8,967 million

1. Manufacturer: Patek Philippe
2. Model: Gobbi Milan “Heures Universelles” Ref. 2523
3. Type: wrist
4. Price: $8,967 million
5. Auction of: 23.11.2019
6. Christie’s Auction House
7. Places: Hong Kong >/li>

Five years earlier, the watch was worth $2.9 million. This means that the Patek Philippe has increased in value by +309.2%.

Stainless Steel Ref. 5016A-010

5th place: Stainless Steel Ref. 5016A-010 from the Patek Philippe factory sold in 2015 at Phillips (Geneva) for $7,259 million

1. Manufacturer: Patek Philippe
2. Model: Stainless Steel Ref. 5016A-010
3. Type: wrist
4. Price: $7,259 million
5. Auction of: 7.11.2015
6. Phillips Auction House
7. Place: Geneva

Titanium Ref. 5208T-010

6th place: Titanium Ref. 5208T-010 from Patek Philippe sold in 2017 by Christie’s (Geneva) for $6,226 million

1. Manufacturer: Patek Philippe
2. Model: Titanium Ref. 5208T-010
3. Type: wrist
4. Price: $6,226 million
5. Auction of: 11.11.2017
6. Christie’s Auction House
7. Place: Geneva

Gold chronograph Ref. 1527

7th place: Gold chronograph Ref. 1527 by Patek Philippe sold 2010 at Christie’s (Geneva) for $5,709 million

1. Manufacturer: Patek Philippe
2. Model: Gold Chronograph Ref. 1527
3. Type: wrist
4. Price: $5,709 million
5. Auction from: 10.5.2010
6. Christie’s Auction House
7. Place: Geneva

Favorable follow-up financing to the real estate loan?

You can choose between three different financing options for follow-up financing. Experts will check the best conditions for you and advise you in detail on the forward loan, the prolongation and the rescheduling of the real estate loan. Which follow-up financing is suitable for you depends on various factors and requires optimal planning.

The most frequent questions in consultations

• How high are the interest rates for follow-up financing?
• How does the follow-up financing work?
• What does follow-up financing cost?
• When can you do a follow-on financing?

Roughly speaking, the following applies to follow-up financing (rule of thumb)

If the new interest rate is at least 0.2% below the previous one, the debt restructuring is worthwhile.

What do I have to consider?

• Early start of planning
• Save equity capital
• Check offers thoroughly
• Negotiate with your bank advisor
• Tip. Not only interest rates, also pay attention to the ancillary conditions
• Set monthly installments
• Optimize them so that you make all repayments safely, regularly
• If possible, make additional special repayments
• Tip. Also use your special termination option

After 10 years, you can reschedule and make use of your special termination right, more on this in a moment, after the tips the next bank appointment.

Real estate financing: How the bank thinks – Video Tip

The following two videos give good insights into the mindset of banks with “Internals on Lending” and “How to Prepare for a Bank Appointment”.

Video: Internals on lending

For more information, check out this video by Alex Fischer:

Video: How to prepare for the bank appointment

Follow-up financing before expiry of the fixed borrowing rate

Would you like to refinance earlier due to an older and high-interest property financing and not wait until the fixed interest rate expires?

After 10 years, you can reschedule and make use of your special termination right without your desire for a cheaper loan for your property being accompanied by an early repayment penalty for the bank. In terms of follow-up financing, low interest rates are the first choice of our customers. Keep in mind that a low interest rate alone is not enough if the terms and conditions elsewhere do not suit you. We will find your personal follow-up financing and make you an offer that suits you in its entirety.

Compare the advantages of individual follow-up financing

Identifying the best terms on an offer requires a lot of know-how and core expertise in evaluating follow-up loans. Your lender will take this task off your hands and recommend a loan that matches your desire for follow-up financing in terms of its orientation and contractual basis.

Each lender’s condition offer is unique and tailored to your needs.

There is no blanket, for every property owner equally suitable follow-up financing with primary advantage. First and foremost, it depends on the right choice of loan and on the conditions and terms of flexibility that suit you.

Calculator: rate, repayment rate, residual debt

What will your planned construction financing cost you? But much more important in everyday life, how high will your monthly burden be and what happens if the repayment rate changes later? How high will the remaining debt be at the end of the fixed interest rate? Many questions, this rate calculator gives you all the important answers to rate, repayment rate and residual debt.

• Rate calculator

Low mortgage rates for construction financing

Do low mortgage rates affect construction loan amounts?

How to take advantage of the low interest rate

To benefit from the low mortgage rates, you should compare construction loans and decide on a competent consultation and a condition offer calculated for you. At Lukinski, we will find the construction financing that best suits your financing needs and offers the best mortgage rates.

Financing bank

The interest rate of the financing bank is significantly related to the mortgage rates. If you plan your construction financing in detail and apply at the right time, you can positively influence the estimated mortgage interest rates for your financing. These interest rates are a variable that can rise as well as fall. If you are flexible in planning a construction financing, your patience can ensure a particularly favorable offer and reduce your home purchase or home construction by several thousand euros.

Frequently asked questions about mortgage rates

The most frequently asked questions about mortgage interest rates in advisory meetings with clients:

• How high are mortgage rates at the moment?
• What are the interest rates on mortgage loans?
• How will mortgage rates evolve?
• How high are the interest rates at the savings bank?

Current mortgage rates more favourable than ever

Currently, mortgage rates for annuity loans and other forms of construction financing are so low that you can build, buy and finance when you want. Experts will determine the most favourable option for you and make you an offer that, in its entirety, includes a convincingly favourable construction loan amount and shortens your repayment period. Before signing a construction financing contract, we recommend that you take a close look at mortgage interest rates and use this knowledge to choose the right time for your financing project.

What influences mortgage rates?

Mortgage rates are not, as is often inferred, conditioned by the ECB’s zero interest rate policy. Even if the key interest rate has an indirect influence on mortgage rates, it does not have a direct impact. The main component in the mortgage rate development is based on the economy.

When the economy is thriving, mortgage rates fall, while stagnation in economic strength is accompanied by rising mortgage rates. Refinancing of construction loans takes place via Pfandbrief transactions, whose interest rate depends on the interest rates for government bonds, which in turn are determined on the basis of economic strength.

External influence vs. personal influence

Basically, you can use the economic reports to draw a conclusion about mortgage rates and find out whether it is currently a good time to take out a construction loan. In addition to the external influences, you personally influence the mortgage rates.

As always: creditworthiness and equity capital are the decisive factors

The more equity you bring with you and the higher your credit rating, the more favorable the offer you will get for real estate financing.

Another important point is the amount of the repayment, with which you particularly influence your personal building interest.

Despite historically low mortgage rates, you should compare before taking out a home loan, look at the interest rate chart or call for professional services in search of your financing.

Mortgage rate comparison for building loans

We have a large network and helpful tools to determine the best construction financing based on your information and available facts. On your behalf, experts search for the most favourable conditions and make comparisons of different financing models and financing partners.

Financing strategy and financing models

Before creating a precise financing strategy for your home, they compare mortgage rates and consider the external influences currently present, as well as your personal financial background in relation to interest rate conditions.

When you finance with experts, you choose a low-cost path to homeownership and benefit from their knowledge of mortgage rate facts to find the best deal that suits you. Mortgage rate experts will advise you on repayment amounts and terms, equity use, and the differences between each type of financing. Secure the best mortgage rates now and finance your home or condo at a rate that will shorten your construction loan amortization period and give you new opportunities and many advantages in construction financing.

Calculator: Online & free of charge

Calculate here free of charge, online your individual mortgage interest:

• Mortgage interest calculator