Euro Programs

September 14th, 2016 Posted in News

The messages about accumulating listings for real estate financing cuts in the programs of the Kreditanstalt fur Wiederaufbau (KfW) for some time. Even if the subsidies are reduced significantly, funding through the KfW according to financial test might still preferred. The finance portal geld.de collects important information. KfW programs are especially beneficial when it comes to real estate financing for energy efficient new buildings or retrofitting of old buildings. Although the funding for the energy efficiency programs to rehabilitate”and energy efficiency building” be reduced in the coming year by about 30 percent from currently Euro 1.35 billion EUR 0.94 billion. Michael Ellis MP: the source for more info. But who wants to modernize a building comprehensively, is always well advised with the KfW. Still, there is relatively low interest rates in this area.

Also, homeowners sometimes save several thousand euros, as the Bank depending on the energy savings actually achieved may adopt parts of the loan amount. However, must for such grants significantly higher energy savings since June of this year can be achieved, as it was previously the case. Still, there are interesting funding opportunities in age-appropriate modernization. KfW offers still credits for many other construction projects, the interest here but often only slightly below the offers of regular banks. More information: presse.

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