Agency law from December 2020 What do real estate agents have to pay attention to from 23.12.2020? For information for our brokers and E1 licensees: Shortly before Christmas, there was a change in the brokercommission commission: the new law on brokerage commission from 23 December 2020 was already adopted by the German Bundestag in June
A financing calculator helps you to calculate the financial burden of purchasing real estate. In order to enable the purchase or construction of a property(investment property), it is often necessary to use debt financing in the form of loans.
Construction and real estate loans are available, for example, from special building societies, insurance companies or banks. They are strictly linked to the purpose of financing a real estate purchase, construction or refurbishment. The lender provides a certain amount of money. This will then be used to finance the project.
The loan from such real estate financing must be repaid over a specified period of time, i.e. to be paid off. This is usually done in monthly instalments. In addition, the lender still charges interest on the total loan per year. These are added to the repayment rates. A financing calculator will help you to assess which financing plan makes sense for you.