Baukindergeld: Extra benefit for new homeowners with kids
Baukindergeld is a state subsidy (12K euros over 10 years per child) for families and single parents who want to buy their first home in Germany.
Written by Stephan Raczak
Published on Oct 22, 2021
In 2018, Germany introduced the Baukindergeld, a state subsidy for families and single parents to help them fulfill their dream of owning their own home. Per year, Germany pays families 1,200 euros per child for ten years. This means that there is a total of 12,000 euros in financial support per child.
Table Of Contents
- What is Baukindergeld and what requirements must be met?
- What is supported?
- Who is supported?
- These conditions apply to the Baukindergeld
- For this, you can use the Baukindergeld
- Use the Baukindergeld for unscheduled repayment
- Putting a Baukindergeld in a bank account
- Use the Baukindergeld to pay off an additional loan
- How does the application and payment process work?
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