Early repayment of the loan
There are very different conditions. The special repayment right expires if the loan is terminated prematurely. Repayment must be made prematurely, ie within the loan commitment. In the case of loans, the prepayment penalty is payable.
Bundez decides on the repayment request for cash discount for loans
For loans from funds, the banks have used a so-called discount of 4% of the loan amount. This is specified in the credit agreement for the basic procedure XI ZR 454/14: It is also stated in the contract: “A discount (deduction of the nominal amount of the loan) of 4.00% is charged.
This includes a risk premium of 2.0% for the right to extraordinary repayment of the loan during the commitment period and a processing fee of 2.0%. The deduction can in principle be offset against the loan payment. In the event of premature repayment of the loan, the risk premium will not be refunded – not even in part. The same applies to the total amount of the rebate if its reimbursement is not governed by the rules of the fund. “
The plaintiff borrower demanded the repayment of this payout discretion. According to the complainant, the general operating costs of the house bank are passed on to the client. This unduly discriminates the customers and invalidates the contract terms in question. The court largely rejected the consumer complaints, as the rulings of the Federal Court of Justice on the loan settlement fees were not applicable and the discount on loans did not discriminate against the borrower unreasonably.
In contrast to the cases decided by the BGH, loans are not ordinary commercial loans, but loans from subsidized assets. In addition, the lender had no influence on the terms of the promotional loans, as these were derived directly from the provision for subsidies (LG Bückeburg, decision of 11.09.2014, Ref .: 1 S 60/13 = Procedure XI ZR 454/14).
Therefore, the BGH will have to examine whether the discount on loans unduly discriminates against the consumer or is a permissible one-off charge.
Leaflets | Housing Modernization
For standard measures, basic funding is offered . Measures related to climate protection are promoted in particular by federal grants . The interest rate is reduced by during the first fixed interest period (5 or 10 years). The measures are financed under residential buildings as well as in residential, old-age and care facilities. Condition for the granting of funds for Eco Cross measures is the implementation of the measures by a specialized company. Structural measures to increase the utility value (eg apartment cut, plumbing, water supply), structural measures to improve the general sanitary installation (eg installation and development of balconies / loggia, sanitary installation of elevators), in the installation of heating energy is always a hydraulic adjustment perform.
The implementation of STANDARD measures must take into account, among other things, the valid structural provisions of the Energy Saving Ordinance . All measures must comply with the minimum requirements of the ÖNV, this leaflet and the ANNEX to this leaflet. Directly under heat protection and the carried out heating renewal measures are eligible. Outside the roof, from the highest floor levelers to uncovered attic rooms, (!) Are promoted (also as component bi- or trivalent systems): Biomass plants: fully automatic large-scale cogeneration plants that run exclusively on renewable energy and energy from the Production are supplied.
What is the credit target or how many grace periods are possible? Credit period: * Additional period: What are the conditions? Lending takes place at the program interest rate in effect on the day the loan was granted. The interest on the loan is fixed as an alternative to over a timeframe of 5 or 10 years. For loans with a loan term of more than 5 or 10 years, the interest rate is set below for the first 5 or 10 years of the loan term; before the end of the fixed period, will issue an extension offer to the selling house bank.
Our funding programs, which are available under fax no. 069 74 31 – 42 14 or online at www.-foerderbank. de are retrievable according to the respective valid nominal and effective interest rates according to the Price Indication Ordinance . Payment: Deployment Fee: STANDARD: 0.25 percent pm, starting from 2 bank working days and 4 months after the binding date for unpaid loan amounts.
The call period is 12 months after loan approval.
How is the repayment done? During the period of grace, only the default interest due on the loan amounts paid must be paid. Repayment must be made after the end of the grace period for the starting years, with quarterly annuities. An early repayment of the total loan or subtractions is possible at any time free of charge for the final borrower during the first fixed-interest period.
The grants do not write directly to investors, but exclusively to credit institutions that have to be liable for the credits they have forwarded. In the case of Co-crox thermal insulation measures by Akuna, under the heading “Project description” data on the calorific value of thermal conductivity (WL) and insulation thickness must be given, and the type of heating system must be stated when renewing in heating technology.
For measures in the new Länder (without Berlin) are to be submitted in addition to the request form: The subsidized construction measures ÃKO and housing policy objectives of the community encounter with Co-crox measures: a confirmation of the municipality do not repugnant. In addition, the form “local confirmation” (form no. 140 674) is to be used, whereby self-used residential real estate is being used, which is used in conjunction with state subsidies.
When dismantling rental dwellings (STANDARD measure): a necessary demolition permit at the time of application, at the latest when the loan is first requested from the bank. For Co-crox measures: within 9 months of the full disbursement of the loan, the borrower must demonstrate the timely use of the funds by submitting bills from specialist firms. The invoice must include the labor costs and the address of the investment object and, in the case of a heating rehabilitation, the execution of the hydraulic balance.