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What term for the real estate loan?

WiWo Coach is the exclusive advice service for WiWo subscribers. Top experts answer all your questions about investments, pensions, careers, taxes and law.

The question: Our readers want to build an apartment building with 780 square meters of living space for a total of around 1.4 million euros. They (civil servant, mid-50s and his wife, dentist) want to finance 80 percent on credit. But how? You ask what loan term is advisable. Just one or different?

The answer from WiWo Coach Torsten Sabitzer, financial planner for construction financing:

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