Questions frequently posed

• How does the official loan function?

  They get the loan amount disbursed, at the same time a capital life insurance in same height are locked. At the end of the running time by the life insurance the loan is erased and disbursed received beyond that you the surplus participation.

• Is the interest rate for the entire running time fixed?

  The interest is not changed over the entire running time.

• What passes the borrowers with the loan in the death?

  By the financing over a capital life insurance your family is secured in the death before the repayment of the loan.

• Which loan height and which running time of the loan can one agree upon?

  You determine the loan height (between 5.000 EUR and 100,000 EUR). The maximum loan height depends on your service purchases. The running time can be selected freely over 12 or 20 years.

• How are the criteria for the grant of a loan?

  Existing loan obligations must be replaced with the official loan, “excluded mortgages”. The entire loan amount amounts to maximally the twenty-way of the monthly household income.

  After departure of the monthly fixed costs as well as the monthly rate for the official loan, the still following amount should be to you at the disposal: Married: 750,00 €, single ones: 600,00 €, per child 240.00 €.

  The credit period should not if possible over 65. Year of life go, “officials not beyond 75. Year of life”. The following documents are to be submitted for loan examination:

  1. the last salary statement, with married applicants also the last salary statement of the marriage partner.
  2. a copy of the certificate of appointment to the official on lifetime, or proof of the not subject to noticeness as an employee in the public service.
  3. a request for loan that Hamburg Mannheim.

• Are special repayments possible?

  They can carry partial repayments out at any time.
  By partial repayments the interest expenditure sinks. The insured sum and the premium for the life insurance remain the same. The disbursement from the life insurance increases by the before erased sum.

• Can the loan be quit prematurely?

  A premature notice is at any time possible. A Vorfälligkeitsentschädigung is not computed. Hesitate not and call you us free of charge under: 0800/300,800 1 (free of charge) on. Or letters you us an email, we answer in detail your questions.

• What is an official loan?

  Further information and an arithmetical example find you on the side which are an official loan