{"id":10673,"date":"2022-11-28T16:20:52","date_gmt":"2022-11-28T16:20:52","guid":{"rendered":"https:\/\/chettioan.com\/?p=10673"},"modified":"2023-01-26T06:54:11","modified_gmt":"2023-01-26T06:54:11","slug":"what-to-keep-in-mind-for-construction-financing-in","status":"publish","type":"post","link":"https:\/\/chettioan.com\/what-to-keep-in-mind-for-construction-financing-in-10673.html","title":{"rendered":"What to keep in mind for construction financing in general"},"content":{"rendered":"<p><span itemprop=\"image\" itemscope itemtype=\"https:\/\/schema.org\/ImageObject\"><img itemprop=\"url image\" loading=\"lazy\" src=\"https:\/\/chettioan.com\/wp-content\/uploads\/sites\/464\/2023\/01\/was-bei-der-999e72.jpg\" alt=\"Solid new home construction with lots of muscle mortgage as personal contribution\" width=\"2560\" height=\"1213\" \/><meta itemprop=\"width\" content=\"2560\"><meta itemprop=\"height\" content=\"1213\"><\/span><\/p>\n<p>Am 52 years old and since 2000 in the Internet on the way. My main topics are:<\/p>\n<p>The topics: Building &#8211; Crafts &#8211; Construction Equipment and Health and Exercise.<\/p>\n<p><span itemprop=\"image\" itemscope itemtype=\"https:\/\/schema.org\/ImageObject\"><img itemprop=\"url image\" loading=\"lazy\" src=\"https:\/\/chettioan.com\/wp-content\/uploads\/sites\/464\/2023\/01\/was-bei-der-c3a5194.jpg\" alt=\"Solid new home construction with lots of muscle mortgage as personal contribution\" width=\"1024\" height=\"485\" \/><meta itemprop=\"width\" content=\"1024\"><meta itemprop=\"height\" content=\"485\"><\/span><\/p>\n<h2>House bank for financing the right choice?<\/h2>\n<p>Many builders here first consider their house bank. But a comparison of the terms, installment amounts and interest rates at several banks is worthwhile in any case.<\/p>\n<p>Remember that your interests are paramount, not those of the bank. A credit institution is always interested in the collateral for the construction sum, the most detailed planning security possible and is also happy to plug in additional products,<\/p>\n<ul>\n<li>How investment vehicles or<\/li>\n<li>Insurance<\/li>\n<\/ul>\n<p>With into construction financing. This is where you need to pay attention and you shouldn&apos;t get &quot;talked into&quot; anything that you don&apos;t really need for your construction project. Residual debt insurance is a worthwhile proposition, you should be skeptical of all other insurance benefits.<\/p>\n<h3>How will interest rates develop in 2022?<\/h3>\n<p>The ECB plays the decisive role in the development of construction interest rates in Germany.<\/p>\n<p>Construction interest rates of up to 1.75 percent are possible again in 2022. In 2022, interest rates on home loans will rise above 1 percent for the first time in 2 years.<\/p>\n<p>Construction financing must be clear and understandable in its form, and not set up like a book with seven seals. If a rat tail of other additional offers hangs on it, then you should work towards a reduction or another model.<\/p>\n<p>For a construction financing to be in your interest, it should, above all, have the most favorable effective interest rate. The option to flexibly adjust repayment rates, suspend them or make a complete repayment before the fixed-interest period expires should be available.<\/p>\n<h2>Direct banks as an alternative?<\/h2>\n<p>It doesn&apos;t always have to be the house bank, even if you&apos;ve had your checking account and savings account there since you were a child. Today there are so many possibilities, also direct banks can be the correct way.<\/p>\n<p>The consumer centers advise in questions of the construction financing. Here a discussion in the apron is worthwhile in any case, because the experienced advisors know the tricks of credit institutions to drive a financing model unnecessarily high. They also provide tips on which construction financing is appropriate in an individual case.<\/p>\n<h2>My bottom line.<\/h2>\n<p>As with almost everything, always get multiple quotes, opinions and information. Sources and opportunities are more than plentiful on the Internet!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Am 52 years old and since 2000 in the Internet on the way. My main topics are: The topics: Building &#8211; Crafts &#8211; Construction Equipment and Health and&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.7.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What to keep in mind for construction financing in general - chettioan.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/chettioan.com\/what-to-keep-in-mind-for-construction-financing-in-10673.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What to keep in mind for construction financing in general - chettioan.com\" \/>\n<meta property=\"og:description\" content=\"Am 52 years old and since 2000 in the Internet on the way. My main topics are: The topics: Building &#8211; Crafts &#8211; Construction Equipment and Health and...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/chettioan.com\/what-to-keep-in-mind-for-construction-financing-in-10673.html\" \/>\n<meta property=\"og:site_name\" content=\"chettioan.com\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-28T16:20:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-26T06:54:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/chettioan.com\/wp-content\/uploads\/sites\/464\/2023\/01\/was-bei-der-999e72.jpg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/chettioan.com\/what-to-keep-in-mind-for-construction-financing-in-10673.html\",\"url\":\"https:\/\/chettioan.com\/what-to-keep-in-mind-for-construction-financing-in-10673.html\",\"name\":\"What to keep in mind for construction financing in general - chettioan.com\",\"isPartOf\":{\"@id\":\"https:\/\/chettioan.com\/#website\"},\"datePublished\":\"2022-11-28T16:20:52+00:00\",\"dateModified\":\"2023-01-26T06:54:11+00:00\",\"author\":{\"@id\":\"https:\/\/chettioan.com\/#\/schema\/person\/9757832f535e6ac17ef2b434ada4c4d5\"},\"breadcrumb\":{\"@id\":\"https:\/\/chettioan.com\/what-to-keep-in-mind-for-construction-financing-in-10673.html#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/chettioan.com\/what-to-keep-in-mind-for-construction-financing-in-10673.html\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/chettioan.com\/what-to-keep-in-mind-for-construction-financing-in-10673.html#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/chettioan.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What to keep in mind for construction financing in general\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/chettioan.com\/#website\",\"url\":\"https:\/\/chettioan.com\/\",\"name\":\"chettioan.com\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/chettioan.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/chettioan.com\/#\/schema\/person\/9757832f535e6ac17ef2b434ada4c4d5\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/chettioan.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/chettioan.com\/wp-content\/wphb-cache\/gravatar\/48d\/48d232dc18ef12b4140b5549df65adddx96.jpg\",\"contentUrl\":\"https:\/\/chettioan.com\/wp-content\/wphb-cache\/gravatar\/48d\/48d232dc18ef12b4140b5549df65adddx96.jpg\",\"caption\":\"admin\"},\"url\":\"https:\/\/chettioan.com\/author\/admin\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What to keep in mind for construction financing in general - chettioan.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/chettioan.com\/what-to-keep-in-mind-for-construction-financing-in-10673.html","og_locale":"en_US","og_type":"article","og_title":"What to keep in mind for construction financing in general - chettioan.com","og_description":"Am 52 years old and since 2000 in the Internet on the way. My main topics are: The topics: Building &#8211; Crafts &#8211; Construction Equipment and Health and...","og_url":"https:\/\/chettioan.com\/what-to-keep-in-mind-for-construction-financing-in-10673.html","og_site_name":"chettioan.com","article_published_time":"2022-11-28T16:20:52+00:00","article_modified_time":"2023-01-26T06:54:11+00:00","og_image":[{"url":"https:\/\/chettioan.com\/wp-content\/uploads\/sites\/464\/2023\/01\/was-bei-der-999e72.jpg"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/chettioan.com\/what-to-keep-in-mind-for-construction-financing-in-10673.html","url":"https:\/\/chettioan.com\/what-to-keep-in-mind-for-construction-financing-in-10673.html","name":"What to keep in mind for construction financing in general - chettioan.com","isPartOf":{"@id":"https:\/\/chettioan.com\/#website"},"datePublished":"2022-11-28T16:20:52+00:00","dateModified":"2023-01-26T06:54:11+00:00","author":{"@id":"https:\/\/chettioan.com\/#\/schema\/person\/9757832f535e6ac17ef2b434ada4c4d5"},"breadcrumb":{"@id":"https:\/\/chettioan.com\/what-to-keep-in-mind-for-construction-financing-in-10673.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/chettioan.com\/what-to-keep-in-mind-for-construction-financing-in-10673.html"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/chettioan.com\/what-to-keep-in-mind-for-construction-financing-in-10673.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/chettioan.com\/"},{"@type":"ListItem","position":2,"name":"What to keep in mind for construction financing in general"}]},{"@type":"WebSite","@id":"https:\/\/chettioan.com\/#website","url":"https:\/\/chettioan.com\/","name":"chettioan.com","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/chettioan.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/chettioan.com\/#\/schema\/person\/9757832f535e6ac17ef2b434ada4c4d5","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/chettioan.com\/#\/schema\/person\/image\/","url":"https:\/\/chettioan.com\/wp-content\/wphb-cache\/gravatar\/48d\/48d232dc18ef12b4140b5549df65adddx96.jpg","contentUrl":"https:\/\/chettioan.com\/wp-content\/wphb-cache\/gravatar\/48d\/48d232dc18ef12b4140b5549df65adddx96.jpg","caption":"admin"},"url":"https:\/\/chettioan.com\/author\/admin"}]}},"_links":{"self":[{"href":"https:\/\/chettioan.com\/wp-json\/wp\/v2\/posts\/10673"}],"collection":[{"href":"https:\/\/chettioan.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chettioan.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/chettioan.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/chettioan.com\/wp-json\/wp\/v2\/comments?post=10673"}],"version-history":[{"count":0,"href":"https:\/\/chettioan.com\/wp-json\/wp\/v2\/posts\/10673\/revisions"}],"wp:attachment":[{"href":"https:\/\/chettioan.com\/wp-json\/wp\/v2\/media?parent=10673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chettioan.com\/wp-json\/wp\/v2\/categories?post=10673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chettioan.com\/wp-json\/wp\/v2\/tags?post=10673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}