Are you dreaming of becoming an home owner? So building up a basic capital is essential and can start from your first salary. BHW WohnBausparen Plus is intended for financing needs above EUR 50.000 and offers particularly advantageous terms and conditions, as you can determine your borrowing rate yourself and the amount of your monthly instalment.
You also have the following advantages:
- No minimum prior savings required
- Access to state aid
- Subscription charge of 1%
- Guaranteed credit interest rate
- Tax benefit through a deduction for special expenses on your tax return (between EUR 672 and EUR 1.344 annually depending on your age)
Your home savings scheme contract will also allow you to benefit from the State guarantee.
Mortgage loan and basic capital, this is the duo to finance a home. If you do not have sufficient basic capital, the State can act as a guarantor for part of your loan.
The terms and conditions for benefiting from this guarantee are:
Not be the owner of another property
Have held a savings account with the same bank for at least 3 years
Prove an increase of at least EUR 1.000 per year in the balance of this savings account for at least 3 years prior to the application