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.
Dr. Chris Mulder
Published on Aug 25, 2020 . Updated 12 days ago
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.
