At last the summer is back in front of the door in Germany – the days are getting longer again and also the sun makes us happy with warmth and brightness. Who wants to use the sun not only to recharge their own physical reserves, but also to fill the house’s energy storage, can do so with a photovoltaic system on their own house roof. Although the government contribution tariff for solar power has been reduced steadily since 2010, Germans are still investing heavily in plants for generating energy through solar radiation.
Low-interest purchase through photovoltaic credit
A family with an average family house must be in Germany for the purchase and installation of a solar power plant with an average of 9,000 euros cost expected. Environmentally conscious homeowners who can not afford this capital from reserves, have the opportunity to finance the photovoltaic system through a low-interest loan. These earmarked loans can be received by consumers either through state support programs, such as from the state or municipality, the development bank intrasavings bank or via private credit institutions.
Anyone interested in the financing of photovoltaic Plant on the credit decisions of a private bank, should a free loan comparison first the best conditions determine for its individual financing needs: After the consumer the required loan amount and term of the loan calculator has entered, it is determined within a few The current conditions of various photovoltaic loans. However, when comparing different loans, builders should not only pay attention to very low interest rates – flexible repayments through special repayments or free installment pauses are important to keep total cost of credit particularly low.
State-subsidized photovoltaic loan of the intrasavings bank banking group
A particularly low-interest option for financing its own photovoltaic system is provided by the state-owned intrasavings bank for short. The promotional bank is currently granting state subsidized loans for photovoltaic systems at an effective annual interest rate of only 1.41 percent.
Although loans for photovoltaic systems are similar to real estate financing with a purpose and a fixed interest rate, but both types of loan differ significantly in their hedging : Although the solar power system itself as collateral against a possible insolvency of the borrower – the loan itself is not in addition to the entry a mortgage secured.