Monday, 1 November 2010

Contract loose ends finished

Back to the Notar with proof that I can finance the purchase - all done now, yes!
He will take it to the council directly and I will end up only paying about EUR 78.90 as a late payment penalty.

I'm in the money!

One day later than I should have paid up, but better late than never!

Signed a mortgage contract with Commerzbank - million times better service than Deutsche Bank.

It is split into 3 loans, basically getting as much from KfW as possible and the rest direct from Commerzbank.

KfW Wohneigentum - EUR 100,000 at 3.15% for 24 years
KfW 70 (Energy Efficiency) - EUR 50,000 at 3.30 % for 29 years
Commerzbank - EUR 435,000 at 3.60% for 24 years

Very happy with that, bought at the right time!