Bereitstellungszinsen

A commitment fee or interest payment becomes payable on mortgages when a minimum period between the mortgage contract agreement and the actual payout has expired. This often happens in the case of newly built properties when the project gets delayed, and the full mortgage has hence not been paid out. Unfortunately, such project delays are a frequent occurrence these days. This charge is usually between 0,15% to 0,35% per month from the 3rd month on, but it differs per bank. You can avoid these interest costs by agreeing on a longer commitment fee/interest-free period. To see how to get the best interest rates, read our article about how to find the best interest rates on your mortgage.