In times of corona-related lockdown and home office, many Germans dream of more space in their own four walls. But in the current times of crisis, the move into your own home should be well thought out, according to the Frankfurt operators of the Clark insurtech company. In addition to the right financing, this also included important insurance.
Find real estate financing
Very few people have enough equity to finance the dream of owning a home out of their own pocket. The large majority therefore need construction financing for the costs in the mid to high six-digit euro amounts. There are also subsidized opportunities – for example through building societies, KfW or state development institutes.
New funding opportunities in 2021
From 2021 onwards, significantly more home builders will be able to benefit from the increased home construction premium. All married couples with a taxable income of less than 70,000 euros (previously 51,200 euros) and a maximum monthly savings amount of 1,400 euros (previously 1,024 euros) receive a subsidy of 10 percent (previously: 8.8 percent).
