Robo Advisor – what is it?

Robo advisors are digital investment assistants designed to help private savers invest. In recent years, many of these programs have become established and are available to users as free help. The great advantage of Robo Advisors is their independence from product providers.

Analysis methods such as machine learning or big data

So they don’t advise you on a specific investment product, they just help you set up a strategy for your money. To do this, they use various analytical methods such as machine learning or big data and can thus make excellent estimates of where the markets will develop.

However, there are also disadvantages: For one thing, robo advisors cannot provide personal advice and therefore have to do without functions such as chat. For another, it is possible that they will make mistakes – after all, these are computer programs and not humans. Nevertheless, many private investors hope for the help of robots and already trust them in many areas of life.

Advantages of a Robo Advisor

A Robo Advisor is a type of digital asset manager that assists investors by managing their capital. By using a Robo Advisor, investors can benefit from many advantages:

No issue surcharges: Most Robo Advisors can be used free of charge and do not charge any front-end load. Thus, the investor’s capital remains largely untouched and can be invested immediately in shares, funds or other investment products.

Quick decisions: A Robo Advisor enables the investor to make decisions quickly and easily. By using clearly structured forms, the investor can easily specify his wishes and needs and immediately receives a recommendation for a suitable investment.

Individual advice: Some robo advisors also offer individual advice. This is particularly ideal for newcomers to the field of investments, as it gives them the opportunity to bring their questions directly to an expert.

Advantages at a glance: 3 aspects for your plant

Robo Advisors, the essentials for beginners.

• Robo advisors enable more efficient asset management through the automated implementation of investment decisions.
• Robo advisors offer a more transparent cost structure than traditional asset managers, allowing for more accurate cost control.
• Robo advisors, due to their technical capabilities, are able to consider a broader range of investment options and thus implement more customized investment strategies.

Disadvantages: Weighing for your facility

Robo advisors are a relatively new invention and not yet perfect. Their disadvantages are:

• The costs: Robo Advisor services can be expensive. The fees per year can amount to several hundred euros.
• The risk: As with any investment, there is some risk with Robo Advisors. However, this risk is relatively low as most Robo Advisor services offer diversified portfolios.
• Complexity: Robo advisor services are often more complex than traditional wealth management services. Therefore, it is important to inform yourself thoroughly before using them and to read the operating instructions carefully.

How does a Robo Advisor work?

A Robo Advisor is a wealth-building tool that works without human intervention. It uses machine learning and artificial intelligence to identify and manage financial products tailored to your risk tolerance and financial goals.

More than just passive investments in ETF

Robo advisors offer more than just passive investments in ETFs. They can also include stocks, bonds, derivatives and real estate investments. These options allow users to create a portfolio that meets their investment needs.

Algorithms decide instead of people

Robo advisors differ from traditional asset managers in that they are based on algorithms. This means that they make investment decisions automatically and without human intervention. This approach eliminates emotional factors in the selection of financial products. However, there are drawbacks: Robo advisors have no understanding of clients’ personal preferences or their individual needs. Therefore, you should be careful when dealing with Robo Advisors and keep an eye on your exposure.

Robo advisors can be purchased through online brokers or financial institutions. No matter which route you choose, the same applies: Always carefully review all features and costs of each product.

Remember: a Robo Advisor is an automation solution for your personal wealth management – so always make sure it’s a good fit for you!

What are the different types of robo advisors?

There are two types of Robo Advisors: active and passive. Active Robo Advisors follow an active investment strategy where asset management is constantly monitored. They select a specific portfolio of stocks, bonds and other investment products and change it regularly to achieve maximum returns. Passively oriented robo advisors follow a passive investment strategy using highly diversified ETFs (exchange-traded funds). These are not monitored or adjusted and the focus is on achieving a long-term goal.

Robo advisors also differ in the services they offer. Some focus on portfolio management, while others offer more advisory and financial planning services. Many also offer tax planning and tax preparation services to help you save more for your money.

Costs for automated asset management

Another important aspect is the cost structure of the different Robo Advisors. Since the costs affect the overall return, you should examine them carefully before choosing one. Some have a fixed fee model with annual fees per year or per trade; others charge a percentage fee based on your total assets or a combination of these models. It is therefore advisable to compare different options to find the best one for your individual needs.

Overall, using Robo Advisors offers many advantages: you can get professional advice without high costs; you can achieve your investment goals more effectively; and you can save yourself time by using automated processes. If you are looking for a reliable partner to help you invest, it is advisable to think about using Robo Advisors – especially if you are new to investing or need more support.

Conclusion: Robo Advisor – worthwhile investment in the future

A robo advisor is a digital asset management service that uses algorithms to make your investment decisions. This type of investment is a worthwhile investment for many people. Robo advisors offer a number of advantages over traditional banks and wealth managers. For example, they are able to offer you a broader range of investment options based on your risk tolerance and financial goals. In addition, Robo Advisors are typically less expensive than traditional banks and wealth managers.

If you’re not ready to entrust all of your assets to a robo advisor, you can still put some of your money in one. This is a good way to find out if this type of investment is right for you. However, if you decide to use a Robo Advisor, you should be aware that you are still taking on some risk. Therefore, before you start investing, make sure you understand the risks involved and do your research.

Compare providers now

Compare Robo Advisor providers for free now, it’s that easy:

• Robo Advisor Comparison

No investment advice or purchase recommendation

All information provided here does not constitute investment advice or a recommendation to buy. All statements are my general published opinion. I have obtained the information from my experience as a private investor. This experience report cannot and is not intended to replace personal investment advice from professionals.

Rent cap is unconstitutional!

Tip. At the end there is still the press review, the most important news from the real estate world, summarized. There are interesting things in the FAZ on the subject of “New life for houses of worship”, redesigning former churches, monument protection, and much more. You can find all real estate news directly here: Real Estate News.

As the capital and cultural city,Berlin is one of the most popular places to live in Germany. No wonder that rents have been rising in recent years and the real estate market seems more lucrative than ever before. Whether and if so when the rent cap will take effect again or landlords can continue to charge their high prices remains to be seen. Here you can find information about the current events around the rent cap in Berlin.

The law concerns a stock of:

340,000 to 512,000 apartments in Berlin

What does the rent cap say?

The rent cap was supposed to make affordable housing in the big city of Berlin possible again. According to estimates, the rents for 340,000 to 512,000 apartments fell, in some cases by several hundred euros. Much to the annoyance of landlords and property owners! Because they finally sued against the law.

After the rent cap in Berlin was ultimately declared unconstitutional by the Federal Constitutional Court, many landlords and owners breathed a sigh of relief. However, the discussion about high rents has not yet come to an end. In addition, rumours are spreading that the real estate giant Vonovia will merge with the real estate group Deutsche-Wohnen, which would result in the largest real estate deal in German history.

Tenants and landlords: Statistics

Tip. Here you can find even more statistics on housing, construction & real estate.

Public opinion: good or bad?

Do you think the Berlin measure of introducing a rent cap is rather good or rather bad?

Tenant Opinion:

• Rather good: 81%
• Rather bad: 14%

Total opinion

• Rather good: 71%
• Rather bad: 24%

You can find more statistics at Statista.

Opinion in the political parties

It is also interesting to take a look at the parties in Germany. Do you think the Berlin measure of introducing a rent cap is rather good or rather bad? Sorted by party preference.

• Party = rather good / rather bad
• Left = 85% / 11%
• Greens = 83% / 15%
• SPD = 79% / 13%
• CDU/CSU = 68% / 27%
• AfD = 60% / 33%
• FDP = 47% / 44

If you are planning to move to the capital, want to buy or sell a property, or already live there, we now show you an overview of the most popular and beautiful districts in Berlin.

Living in Berlin: Individual & colourful

Berlin is individual, creative and full of opportunities. More than 3.5 million people have relocated here. As an international location, Berlin is an attractive place to live for people from all over the world. While the district Wilmersdorf in Charlottenburg convinces with its well-kept green areas, the residential areas Prenzlauer Berg and Weißensee in Berlin-Pankow inspire with their unbeatable prices and central location. You want to sell your apartment, your apartment building or your property in the world metropolis Berlin? With our free guides and tips on the topics of real estate sales and real estate valuation, you are well prepared. Read more here:

• Living in Berlin

The most popular neighborhoods to live and reside in are:

1. Pankow
2. Charlottenburg
3. Wilmersdorf
4. Friedrichshain-Kreuzberg
5. Prenzlauer Berg
6. Kreuzberg
7. Wannsee
8. Steglitz
9. Schöneberg

Sell property in Berlin

The city is characterized by numerous sights and recreational areas, but also by the good infrastructure. As a place to live, Berlin is very popular with people of all ages. If you decide to offer a property for sale in Berlin, you can usually achieve purchase prices that are above average compared to other German cities of this size. The purchase price per square metre has increased by around 65% within the last 4 years.

• Read more about selling property in Berlin

Real estate giant: Merger of Vonovia & Deutsche-Wohnen

It would be the biggest deal in the history of the German real estate market. The billion-dollar real estate companies Vonovia and Deutsche-Wohnen want to merge. What was repeatedly rejected by Deutsche-Wohnen in the past is now set to become reality. Vonovia’s takeover bid is attractive and promising. Both the Vonovia share and the Deutsche-Wohnen share have risen in value in recent years. You can find more information here:

• Mega Deal Vonovia & Deutsche Wohnen

Real Estate News:

The Süddeutsche Zeitung says “Vonovia does not have to become a rent shark”. The Handelsblatt even headlines “Share deals loophole: Why the merger of Vonovia and Deutsche Wohnen is triggering a tax debate” and ARD warns “Merger plans alarm tenants”. The headlines are now familiar. Here is more news from the real estate industry:

Focus Online: KfW loan saves real estate buyers thousands

The Focus Online blog reports on “Study shows: Who should pay? In some regions, buyers boycott exaggerated real estate prices now” and “Construction financing: Building money has never been so cheap” . More news and current laws:

• Guest article by Carsten Zimmermann: KfW loan saves property buyers thousands – but now the subsidy is becoming a lottery prize!
• Study shows: Who’s going to pay for it? In some regions, buyers are now boycotting exorbitant real estate prices
• Construction financing: Building money has never been so cheap

IM Immobilienmanager: Warburg-HIH Invest buys police headquarters near Cologne

This week at IM Immobilienmanager among others articles about “Warburg-HIH Invest acquires new police headquarters near Cologne” and “ISG Germany appoints new managing director” . You can find more news here:

• Eligible Daikin technology in all product areas
• ISG Germany appoints new managing director
• Warburg-HIH Invest acquires new police headquarters near Cologne

Frankfurter Allgemeine: New life for houses of worship

The Frankfurter Allgemeine reports this week, for example, “New life for houses of worship: What can become of churches” and “Changing neighbourhoods: Images of memory”. More news from the past days:

• New life for places of worship: what can become of churches
• House on offer: Tenant desperately sought
• Changing Neighbourhoods: Images of Memory

Haufe: Will housing become more expensive?

New in the business section of Haufe this week is, among others, “Solar obligation in Baden-Württemberg: Will housing become more expensive?” as well as “Who comes, who goes? New CEO at Dr. Klein Wowi Digital; IC Group replaces management” . More real estate news for tenants, buyers and sellers:

• Compulsory solar energy in Baden-Württemberg: Will housing become more expensive?
• Reliable IT security for companies – but how?
• Who’s coming, who’s going? New CEO at Dr. Klein Wowi Digital; IC Group replaces leadership

T-Online: Housing prices continue to rise faster than rents

This week T-Online has topics such as ” Real estate collapse in major cities – experts warn of real estate bubble ” and ” Expensive CO2 participation – landlords demand Seehofer’s resignation ” . New topics of the week:

• “Overheating” – house prices continue to rise faster than rents
• Expensive CO2 participation – landlords demand Seehofer’s resignation
• Real estate collapse in major cities – experts warn of real estate bubble

Berlin.de: Vonovia with audit process

New articles and posts from Berlin.de this week include “Rent brake for municipal apartments in Berlin ” and “Expropriation initiative has almost 200,000 signatures” . More headlines of the week:

• Rent brake for municipal apartments in Berlin
• Senate: After housing offer from Vonovia with review process…
• Expropriation initiative has nearly 200,000 signatures

Immobilien Zeitung: Hamburg is building apartments like it last did in 1974

This week Immobilien Zeitung has interesting topics such as “Hamburg builds as many apartments as last 1974” and “Sometimes only a pharmacy and a supermarket remain of the trade” in the magazine. The posts and more tips can be found here:

• Hamburg builds as many apartments as last in 1974
• Apartments are also in short supply in Marburg
• Sometimes all that remains of the trade is a pharmacy and a supermarket

Spiegel: Social promises of the real estate bosses?

This week’s Spiegel is about “”The sheer size may worry one or the other”” and “What good is the social promise of the real estate bosses?” . More news from this week:

• What good is the social promise of the real estate bosses?
• Real estate groups offer Berlin thousands of apartments for sale
• “The sheer size may worry one or two”

Construction loan or real estate loan?

Choose the loan for home financing based on your financing project – The financing methods are similar, but still have some important differences for your financing project. With a classic construction loan, you can finance a new construction project cheaply.

You should bear in mind that the loan is not paid out in one sum, but in tranches per construction phase. For the house purchase of an existing property, a construction loan is therefore unsuitable, so you need another form of home financing.

Choose the loan for home financing based on your financing plan

Frequent questions in counselling interviews are in particular:

• How do I get a home loan?
• How much equity should I put into my home financing?
• What do I need to consider when financing a home?
• What support is available for home financing?

Annuity loans, forward loans or combined financing

You have the option of financing your property via an annuity loan, a forward loan or a combined financing including a particularly low-interest KfW loan. The decisive factor is whether you are a first-time or follow-up financier, when the purchase of a house is on your agenda and whether you want a full repayment loan or a property financing with equity. There is no one-size-fits-all home financing solution for every potential homeowner.

Therefore, we recommend that you contact experts with your request and discuss the topic of home financing based on your ideas, wishes and possibilities. Based on your financing plan, they will create an offer for you, with which you can finance cheaply and with a home loan that suits you.

Tip. All real estate loans at a glance & comparison

Would you like to fulfil your dream of owning your own home, a condominium, a building plot or a commercial property? Then the right choice of real estate loan determines how high the interest burden and thus the total cost of your real estate loan will be. Even when choosing a real estate loan, you as a potential buyer are faced with many questions and considerations, such as whether you should choose a classic annuity financing or opt for another form of financing. Follow-up financing is also possible in various ways. Ultimately, you are faced with the question of whether you are better off with a long and fixed debit interest rate or with a flexible real estate loan.

• Real estate loans

New construction or existing properties

If you are buying a new building, you are well advised to take out a fixed home loan with no additional scope for modernisation or energy-efficient refurbishment. Based on the value of the newly built property, you can take out an annuity loan secured by a land charge. With a fixed monthly instalment, you are well advised with this solid home financing and benefit from the fact that there is no change during the period of the fixed borrowing rate.

If you would like to finance more flexibly and not be tied to a long-term interest rate when buying a house, there are other house financing options. The attractiveness of an offer is determined by the match of the financing to your ideas and your personal wishes regarding the repayment and fixed interest rate.

Real estate agent & your advantages through experts

Real estate agents with many years of experience offer you the advantage of financing your new construction or existing property purchase project in the best possible way and opting for a worry-free and cost-secure term.

If your heart beats for a charming existing property and the need for modernisation is prevalent, they will be happy to advise you on home financing with a connected modernisation loan. Hardly any other type of loan offers as much scope as real estate financing. If you want to fulfil your dream of a house and need help in the jungle of financing options, you are on the right track with good brokers. They will help you find the right financing method and benefit from an offer that underpins your decision to buy a house with the advantage of tailor-made home financing.

Home financing: How much equity is advisable?

We recommend that you include existing equity in your home financing. With an equity ratio of between 20 and 30 percent, you can secure some interest rate advantages.

Equity ratio between 20 and 30 percent

Your equity lowers the net loan amount and the term, making you “debt free” much faster with your own capital investment. With a good credit rating and other collateral, it is possible to fully finance a house without any equity at all.

We will be happy to find out whether home financing without your own financial commitment is suitable for you as part of an initial consultation. You can obtain an initial overview of the conditions under which we can support your project with home financing by requesting a quote for real estate financing.

Equity means a better return

If you have equity, you should not push for full repayment in favor of a better interest rate and pay longer and more that way. It is understandable and a wish of many of our customers to hold back a small amount of equity for unforeseen repairs or purchases.

Acquire existing property & modernisation

If you are purchasing an existing property and are planning a modernisation or want to ensure greater energy efficiency, you can ask us directly about home financing with scope for the desired craftsmen’s services. We know from experience that such a combined home financing is more favourable for you than a real estate loan, which you apply for without equity at a much higher interest rate.

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

Budget calculator: Overview of income and expenditure

Real estate buyers and builders are usually dependent on a real estate loan. The sum can only be paid in cash in very rare cases. Before you can calculate the budget for your real estate financing, it is important that you get an overview of all income and expenses with the budget calculator. You will continue to carry most items despite taking out the property loan. If you have been living for rent up to now, this will fall away when you move into your own home. However, it is a fallacy if you assume that you can simply convert the rent into a monthly installment. The monthly instalment that you pay for the mortgage is more or less the same as the basic rent.

In addition, there are the ancillary costs that you have to pay as the owner of a house. These include the costs for electricity, water and heating. Furthermore, waste charges, property tax and fees for the work of the chimney sweep are due. As a homeowner, you are also responsible for the costs of all repairs. For this reason, it is important that you build up a monthly reserve. All in all, an average-sized family home will add up to several hundred euros a month. You need to include this in your budget if you want to put the financing of your new property on a firm footing.

Use budget calculator effectively

A budget calculator will help you list all the costs that are incurred in the process of household management. In principle, of course, you can do these calculations on paper. In practice, however, it has been found that often items are forgotten or calculated too tightly. In the budget calculator, all possible costs that may arise in connection with household management are clearly listed.

Functions of the calculator

You determine which costs you incur and enter the corresponding amount. Leave the fields that are not relevant for you blank. Make sure that you enter all costs realistically, otherwise the budget calculator will not be of any effective use to you. After all, you want to give an honest forecast and not falsify it with embellished information. Effective use requires a realistic indication of the actual costs incurred. If this is difficult for you because you have not thought about it at all so far, it is advisable to keep a budget book for a month. In this way, you can see what you are really spending. You can then transfer the values to the budget calculator.

Budget item

The individual items that are incurred for the management of a household, differ very individually. They depend on the household income, but also on personal interests. However, basic items can be defined in general terms, as they are incurred in almost every household. The costs in detail:

• Food
• Rent/loan instalments for own property
• Energy costs (gas/heating oil/pellets, water, electricity)
• Service charges (rent or individual payment according to invoice)
• Telephone and Internet
• Insurances
• Clothes
• Cosmetics and drugstore articles
• Books and magazines
• Fuel/public transport
• Medication/doctor’s fees
• Radio and television

Other costs and fees can be very individual. In many households, the following items are added:

• Daycare and school
• Sports Club
• Culture (cinema, theatre, lectures)
• Further education
• Travel
• Vehicle purchase
• Hobby
• Savings rates
• Credit rates

The advantage of a budget book is that you can also include small amounts in your calculation. This gives you a very good overview and you only need to transfer the results into the budget calculator.

Get an overview of income and expenditure

Once you have listed all the costs, compare them with your income in the household calculator. At the end you will get an evaluation. You will find out whether you have an amount left over in the month or whether your budget is negative. You can react to this accordingly.

Budget calculator and construction financing

In the context of construction financing, the budget calculator plays a very important role. It is used in the planning phase to determine what savings opportunities there are in the budget. This becomes necessary when money is to be freed up from the household income to pay loan installments. A budget calculator is very effective if you use it correctly.

Calculator at a glance

Calculator – Exact planning of the construction financing

Calculators are necessary in relation to construction financing in order to accurately determine the cost of purchasing or renovating a property. A calculator is also used to determine the cost of the loan. The credit costs are composed of the interest and the repayment portion for the current loan amount. The interest plays an important role. Since the term of a real estate loan is usually ten years, the interest payment is spread over a long period. If an offer from a bank is only half a percentage point cheaper in their interest, you can already save several hundred euros a year. This is also due to the high loan amounts, which for most construction financing a six-digit amount. Before taking out a loan, an individual consultation is important. Often the construction financing consists of several pillars and not just a single loan. A building savings contract, equity capital and development loans come before taking out the classic bank loan. The reason for this is that these financings are significantly cheaper than the bank loan in terms of their costs. The calculator helps you to divide the financing into different elements and thus determine the costs with certainty.

• Learn more about the calculator.

Interest calculator – Construction financing

The interest rates are a very large item in a construction financing. It is recommended that you compare the various offers and conditions well in advance. In this way, you will find out which construction financing is particularly favorable. Since the interest is a very large part of the monthly loan payment, especially in the first years of real estate financing, it is important that you try to save costs.

• Learn more about the interest calculator.

Budget Calculator – Equity & Income

Before the purchase of a house, a comprehensive renovation or a new building can be planned, it is very important to determine the available budget. Construction financing is planned over a period of many years. Financing between ten and 25 years is possible. It is important that the financing is planned from the beginning on a secure foundation. The basis for the budget that is available to you for the conclusion of a construction financing is your income.

• Learn more about the budget calculator.

Offer comparison calculator – advice & options

The offer comparison calculator is an important tool when it comes to choosing a partner for taking out construction financing. Many builders are dependent on taking out a classic loan at a bank or savings bank, because the funds from the equity, a building savings contract and a subsidized loan are not enough. Although the comparison possibilities of the indication by the Internet are very simple and transparent, many owners trust only in the offer of their house bank.

• Learn more about the quote comparison calculator.

Possibilities of the offer comparison calculator

In principle, you are free to choose your lending bank. Prerequisites for the granting of a loan are, among other things, a very good credit rating and an income level that allows regular payment of the instalments. However, having a current account with the lending bank is not one of the requirements. So you can compare the offers on the market and put together a construction financing that suits your personal circumstances. Use an offer comparison calculator if you want to compare the costs and the term of two offers at a glance.

As the name suggests, the quote comparison calculator helps you compare two loan calculations. You call up the calculator on the Internet and enter two offers that you have researched in advance.

Interest, repayment and fees

The cost of a loan is made up of various factors. These include the interest, the repayment and the fees for the loan and the optional conclusion of an insurance policy that takes over the instalments in the event of an emergency.
Before you can use the offer comparison calculator, you should have clarity about your financing amount. This includes the costs for the purchase of a property or the entire construction costs including the purchase of the land and the ancillary costs for the purchase, which are to be paid to the broker, to the notary and, in the form of land transfer taxes, to the city or municipality.

This is how the calculator works!

The offer comparison calculator calculates the costs of construction financing, if you decide on a classic loan. The bank loan is a pillar of many construction financing. It is the most expensive option, so the amount should be kept as low as possible. Before taking out a real estate loan, exhaust all other possibilities.
In the offer comparison calculator, you enter the required loan amount. Decide on two offers that you can compare with each other after entering them in the offer comparison calculator. To get a transparent result, it is important that you make some individual entries. In addition to the loan amount, this includes the loan term, the amount of the interest rate and the ancillary credit costs. After the input, you can see at a glance how high the installment you have to pay and how the total amount for your construction financing is calculated.

Simply change values in the quote comparison calculator

The advantage of the quote comparison calculator is that you can change the values quite easily. Find out what costs result from an extension of the credit period. An extension of the credit term does not always have a positive effect on the rates to be paid. There are banks that link a particularly favorable interest rate to a certain term. If you opt for a longer term, the interest rate increases and the rate does not change significantly. Since you will then be paying this rate for longer, you will not benefit from the extension of the term. You can also change the interest rate to find out how a few tenths will affect the rate and the cost of the loan. In this way, the offer comparison calculator helps you to find the best offer for your construction financing.

Calculator at a glance

Calculator – Exact planning of the construction financing

Calculators are necessary in relation to construction financing in order to accurately determine the cost of purchasing or renovating a property. A calculator is also used to determine the cost of the loan. The credit costs are composed of the interest and the repayment portion for the current loan amount. The interest plays an important role. Since the term of a real estate loan is usually ten years, the interest payment is spread over a long period. If an offer from a bank is only half a percentage point cheaper in their interest, you can already save several hundred euros a year. This is also due to the high loan amounts, which for most construction financing a six-digit amount. Before taking out a loan, an individual consultation is important. Often the construction financing consists of several pillars and not just a single loan. A building savings contract, equity capital and development loans come before taking out the classic bank loan. The reason for this is that these financings are significantly cheaper than the bank loan in terms of their costs. The calculator helps you to divide the financing into different elements and thus determine the costs with certainty.

• Learn more about the calculator.

Interest calculator – Construction financing

The interest rates are a very large item in a construction financing. It is recommended that you compare the various offers and conditions well in advance. In this way, you will find out which construction financing is particularly favorable. Since the interest is a very large part of the monthly loan payment, especially in the first years of real estate financing, it is important that you try to save costs.

• Learn more about the interest calculator.

Budget Calculator – Equity & Income

Before the purchase of a house, a comprehensive renovation or a new building can be planned, it is very important to determine the available budget. Construction financing is planned over a period of many years. Financing between ten and 25 years is possible. It is important that the financing is planned from the beginning on a secure foundation. The basis for the budget that is available to you for the conclusion of a construction financing is your income.

• Learn more about the budget calculator.