Building savings contract?

Good morning,

Should you start making payments on a building savings contract early and then "look to the future"? Or is it more worthwhile to take out a contract later, once you've saved up enough for a house, etc., and then pay in a lot more over just six months?
And is a building savings contract still worthwhile these days? I look forward to detailed answers. Thank you!

Best regards

(2 votes)
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AaronKongSenior
1 year ago

BSV are hardly worthwhile and are not good for house financing.

It is worth constantly keeping a very small BSV (10k) running, because it takes the full public funding.

Then you get some interest, the promotions and can still access the loan in case of emergency.

These are sufficient advantages that a small BSV will be profitable.

Otherwise, they don’t pay for normal mortal people.

Then you diserviated your portfolio with a small BSV!

DerHans
1 year ago

A construction-saving contract offers WIEDER the advantage of a fixed interest rate, which can be planned long before. In addition, the building-saving loan is always entered into the land register at ZWEITER.

Gocca
1 year ago

M.E., a construction contract is only worthwhile if you plan to buy a house or an apartment and then want to use the loan linked to it.
The loan is rellatively cheap.

Otherwise, as early as possible, I would make fixed money over a certain period. You’ll benefit from higher interest rates.

AaronKongSenior
1 year ago
Reply to  Gocca

No, not even then.

They are not good for financing, only for people who earn a lot of money astronomerically.

They’re okay for them,

But not for normal earners.

christl10
1 year ago
Reply to  Gocca

A house costs from €400,000 to €600,000. What kind of building space did you imagine and with what pitch?

Gocca
1 year ago
Reply to  christl10

There are also cheaper houses.
Or you already have a house and want to sane sometime. Then, as I said, the loan is interesting.

Gocca
1 year ago

Sorry but with us there are apartments or houses from approx. €70,000
If you would complete $200,000, you would get the credit from 80%.
So it’s not wrong.

christl10
1 year ago

The rate and the duration of a building-saving contract for a sum of over 200,000?