All topics First Time Buyers Deep Dive Customer Stories Insurances Hypofriend News

Commitment fee: How much to pay if your new build isn’t ready?

With a new build project, you have a tough schedule. That's necessary if you want to avoid paying commitment fees to your bank.

Written by Henrike Herrmann

Published on Aug 24, 2020

Commitment fee: How much to pay if your new build isn’t ready?

Category First Time Buyers

Written by Henrike Herrmann

Published on Aug 24, 2020

If you buy an existing property in Germany, the purchase price is usually due after notarization. This is the time when your loan must be paid out, and you start the repayment.

Commitment fees instead of mortgage interest
Have an eye on the commitment fee free period
The main facts you want to know about the commitment fee
Calculate commitment fees

Henrike Herrmann

Henrike is our Content Manager at Hypofriend and has made it her mission to explain complex and complicated issues as easily and understandably as possible.

first-time-buyers

8 Ways to Increase How Much House You Can Afford in Germany

Find out how you can increase your affordability in times of high property prices and skyrocketing interest rates, and thus afford your German dream home.

first-time-buyers

Berlin Property Prices and District Guide

What do you have to consider when buying an apartment in Berlin? Our guide answers the most important questions.

first-time-buyers

Helping your kids buy a home in Germany: When is this a good idea?

Young adults often struggle with too little equity when trying to buy property in Germany. Learn what options parents have to help.

Hypofriend
/
First Time Buyers
/
Commitment Fees Germany

Commitment fee: How much to pay if your new build isn’t ready?

Table Of Contents