Compare renovation loans
For a planned renovation, derive the loan amount from your project budget first, then compare offers using one identical term.
The comparison and application process are provided by Verivox. Thinkstars GmbH does not broker or advise; if you sign a contract, it may receive a commission.Learn moreThe loan amount should come from your project budget – not from the maximum amount on offer. Then compare identical terms.
Keep the calculator and the project separate
The external calculator knows nothing about construction progress or cost risks. So keep the project reserve visible outside an optimistically calculated monthly repayment.
Frequently asked questions
Which documents help me plan a renovation loan properly?
Use specific quotes for materials and tradespeople as well as a schedule of payments. Separate necessary work from optional wishes and plan an affordable reserve for extra costs. Do not treat unconfirmed grants as money you already have.
How do I stop a renovation loan from using up my household reserve?
Calculate the repayment after running costs and a remaining reserve. Also allow for possible extra costs during the work. Consider a smaller scope or splitting the work if the financing would only be affordable without a reserve.
How large should the loan amount for a renovation be?
As large as the project budget minus your own funds — and you draw up the budget before talking to the lender, not afterwards. Otherwise you cut the project to fit the repayment and have spent the reserve before the first wall is opened.
What happens if the money isn't enough?
Additional financing is possible but rarely the cheapest solution: if the loan amount is increased significantly, the bank has to reassess your creditworthiness, and the terms may change. So plan the loan amount realistically and keep a buffer in your savings rather than in the loan. If you do need additional financing, check the effective rate and total cost as you would for the first loan.
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Your next steps
Renovation
Plan renovation costs realistically: settle tradespeople's quotes, materials, project reserve and own funds before the loan amount.
Read moreLoan costs
Model the monthly repayment, interest cost and total amount for a loan amount, effective rate and term – directly in your browser, without data transfer.
Read moreTransparency
How Finanzierung-Guenstiger is funded: Verivox as a labelled partner, possible remuneration and an editorial team kept strictly separate from it.
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