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Frequently Asked Questions

Frequently asked questions from our customers

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How much equity do I need to finance an existing home?

The amount of equity required to purchase an existing home depends on various factors, including the purchase price, financing terms, and the individual requirements of lenders. However, as a rule, equity of around 20% of the purchase price is recommended in order to obtain favorable financing.

The amount of equity required to purchase an existing home depends on various factors, including the purchase price, financing terms, and the individual requirements of lenders. However, as a rule, equity of around 20% of the purchase price is recommended in order to obtain favorable financing.

How high should the annuity be for home financing?

The annuity should not exceed 35% of your net household income. This will give you enough leeway for other daily expenses and living costs.

The annuity should not exceed 35% of your net household income. This will give you enough leeway for other daily expenses and living costs.

How much does home financing cost?

The costs of financing a home are made up of various factors that you should take into account when planning your financing. These include:

The costs of financing a home are made up of various factors that you should take into account when planning your financing. These include:

  • The purchase price of the property
  • Incidental acquisition costs, such as real estate transfer tax, notary and land registry fees
  • Financing costs, such as interest and fees for the loan
  • Ancillary construction costs, such as building permits, setting up the construction site, and construction management
  • Commitment interest incurred on undrawn loan amounts

There are so many beautiful properties in Leipzig and the surrounding region—we will find them for you using our search profile!

Trust our experience! As real estate agents, we will find the perfect property for you—whether it's an apartment, house, or plot of land. Our portfolio includes a wide range of properties in your desired region. Let us make your dreams come true! Make an appointment now.

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