Financing

When you work in Germany

When you work outside Germany

Basic documents needed for application:

Passport or residence permit in Germany, recent 3 month pay slips, working contract, bank statement

Passport, income statement, bank statement, EU bank account

Financing instituitions:

Banks

Banks, Pension Funds

Financing amount:

Up to 100% depending on the income level

New development up to 70%, second hand property up to 50% depending on the condition

Interest rate and terms:

Depending on the bank rates, usually less than 2%

2.9% (10 year), 3.5% (15 year), 3.7% (20 year)

Application time:

2 to 4 weeks

2 to 4 weeks