Financing your property.
We make the right introductions.
We introduce you to an independent financing adviser who understands your situation and obtains the right offer for you. As a cooperation partner we are glad to accompany you along the way.
Orientation calculator
A first assessment.
Work out your monthly payment and every purchase cost for Saxony, including the balance still owed.
Set the parameters
250.000 €
50.000 €1.500.000 €
50.000 €
0 €500.000 €
4,0 %
0,5 %10,0 %
15 years
5 years30 years
2,0 %
1,0 %10,0 %
This calculation is a first orientation and does not replace individual advice. It contains no overpayments and no subsidies. All figures without warranty.
Monthly payment
1.138,38 €
4 % interest + 2 % repayment
Loan amount227.675 €
Purchase costs in Saxony18.750 €
Agent's commission8.925 €
Total investment277.675 €
Balance owed after the fixed-rate period134.294 €
Arrange a conversation
Purchase costs in Saxony in detail
Land transfer tax 5.5%13.750 €
Notary and land registry approx. 2.0%5.000 €
Agent's commission 3.57% incl. VAT8.925 €
Land transfer tax, notary and land registry together make up the 7.5% purchase costs we also quote in the FAQ. The agent's commission sits alongside them: in Saxony each side pays 3.57% including VAT. In a sale without an agent it does not arise.
How we work
What independent financing advice really means.
In this video Volker Herrmann offers an insight into how he works and explains what it means to guide a financing arrangement with no ties to any bank.
- Your situation is discussed neutrally and without sales pressure.
- Offers from several providers are compared.
- Subsidy options through KfW and SAB are examined.
- The support continues right up to signing.
How it works
Four steps to your financing.
From the first enquiry to the loan decision: transparent, quick and without surprises.
01
Send an enquiry
Fill in the form or give us a call. No long questionnaires, we settle the rest in conversation.
02
Advisory conversation
We talk through your situation, the property and your goals. In person, by phone or by video.
03
Compare offers
You receive financing offers from our cooperation partner's network and can compare them at your leisure.
04
Completion
You decide. We stay with you through signing and remain your point of contact afterwards.
What sets this partnership apart
What you can expect from this route.
A few things that make it worth taking this route with us.
No ties to a bank
Our cooperation partner is tied to no bank. There is no sales pressure towards a particular product, only a look at what fits your situation.
A clear timetable
We work in a structured way and keep you posted. You always know where you stand in the process.
No advice fees
Advice from our cooperation partner comes at no fee to you. He is remunerated by the lending bank.
Regional expertise
We know the Saxon property market. We know which properties attract which terms and where subsidies apply.
Proof of financing
Proof of financing puts you in a stronger position at the negotiating table. In a competitive market that can be decisive.
Subsidies included
KfW, SAB and other programmes are checked automatically. That often saves several thousand euros with no extra effort.
Financing cooperation partner
Volker Herrmann
Volker Herrmann is an independent financing adviser and a cooperation partner of ESTAYA Real Estate. He is not employed by ESTAYA but works on his own account, and that is precisely what makes the difference: no ties to a bank, no sales targets.
He provides the financing advice on his own responsibility. ESTAYA makes the introduction on request.
personalTailored advice
free of chargeAdvice at no cost to you
100%Independent
SachsenLocal market knowledge
ESTAYA Real Estate does not broker residential mortgage loans and does not provide financing advice within the meaning of Section 34i of the German Trade Regulation Act. We accept your enquiry and, with your consent, pass it on to our cooperation partner Volker Herrmann, who holds the necessary licence and is listed in the register of intermediaries. This is free of charge for you. Details in Section XIV of our Terms and conditions and in the Privacy policy.
Get in touch
Talk to us.
Leave your contact details. We will get back to you and work out together how we can help.
Your data is used solely to handle your enquiry. The financing advice is provided by our cooperation partner.
Frequently asked questions
Frequently asked questions about property financing
How much of my own money do I need for a property in Saxony?
As a rule of thumb, 20% of the purchase price plus the additional purchase costs. In Saxony those costs come to around 7.5% (5.5% land transfer tax, approx. 2% notary and land registry). The more of your own money you put in, the better the terms; we will show you what proportion makes sense in your situation.
What state subsidies are available when buying a home?
The German development bank KfW supports climate-friendly new builds, energy-efficient refurbishment of existing stock and age-appropriate conversion, among other things, with low-interest loans and in some cases repayment grants. The programmes and their terms change regularly. We check free of charge, and up to the day, which subsidy fits your plans.
Can I finance a property without any money of my own?
A 100% or even 110% mortgage is possible, but it comes with strict conditions: a very good income, secure employment and a property that holds its value. The interest rate is then noticeably higher. We will tell you honestly whether it is sustainable in your situation, or what the alternatives are.
What is the difference between the nominal and the effective rate?
The nominal rate is the plain interest rate on the loan. The effective rate additionally includes the costs of the credit (for example arrangement fees and the way payments are credited), which makes it the right figure for comparing offers. It is required by law and it is what makes offers comparable.
How early should I look into follow-up financing?
Ideally 12 to 36 months before the fixed-rate period ends. A forward loan lets you lock in today’s terms up to five years ahead. Switching lender is often cheaper than extending with your existing bank, so comparing is almost always worth it.
What does financing advice cost at ESTAYA?
The initial conversation and the comparison of terms are free of charge and without obligation. If financing comes about, we receive a fee from the lending institution, as is customary in the industry. No additional cost arises for you.
ESTAYA Real Estate neither brokers residential mortgage loans nor provides financing advice. On request we make the introduction to our cooperation partner; the advice and any brokerage are his alone and on his own responsibility. Brokering residential mortgage loans requires a licence under section 34i of the German Trade Regulation Act. The calculator on this page gives a non-binding orientation, not advice and no promise of terms.
