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Reply #27: Thanks for the answer to my question. [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010)

lebkuchen

(1000+ posts) Send PM | Profile | Ignore

Mon Mar-31-08 02:56 PM
Response to Reply #7

27. Thanks for the answer to my question.

No money down is a percent lower in Germany. In how many years it is paid off doesn't really matter in Germany for the interest rate; money down does.

There is the possibility of the barsparvertrag, its history set up to provide people, such as young couples, with little money the opportunity to buy. They must save extra money in a low interest savings account, in addition to their mortgage, to offset the risk of the bank loan.

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