There are several reasons to take out a loan. Sometimes a loan is only taken to finance a vacation, to finance furnishings or home electronics – but there is nothing wrong with that. But it is really necessary and existential for a loan for heating. Because without a heater the late autumn and winter in Germany can hardly be endured. Even if you can make good intentions and stay in two hoodies and a jacket in the apartment – on the whole, it can not work without a functioning heating. On the one hand, it is not only extremely uncomfortable to freeze, on the other hand, without heated rooms quickly promoted mold growth – which leads to a great health hazard and devaluation of your own four walls.
Personal loans and grants
Depending on which situation you are in, you can take out cheap to very cheap loans. If you want to install a new, energy-efficient and thus CO²-saving heating system in the apartment, you can benefit from the support provided by Intrasavings bank.
Namely, the state-owned Bank Intrasavings bank is granting low-interest loans for environmentally friendly measures such as better insulation and also more efficient heating as part of the energy turnaround and the achievement of the Kyoto climate targets. However, it will usually not be possible to cover all credit needs, so that private banks will also have to provide additional loans. If you can use equity, this is of course the cheapest way.
With the credit comparison to the cheapest interest
If you only want to repair the heating system, or if you have to pay an overdue bill from your gas or electricity supplier, or if Intrasavings bank’s funding does not meet your overall credit requirements, you can use the credit comparison to find the cheapest loan for a heating system.
Just enter your credit needs. Usually a minimum sum of about 1000 USD is given, the maximum sum is usually around 25,000 USD. Then use the slider to set the runtime – from 12 to 84 months. You also have the option of entering the monthly rate immediately, then the other two parameters are calculated automatically.
Read the conditions carefully
Since providers for a credit for heating are directly linked, it only takes a click until you are on the website of the respective bank or credit intermediary. Here you should read the conditions for the credit for a heating once more exactly. Also make sure that an early repayment of the remaining debt is possible – not all providers offer this opportunity. It saves you money if you repay the remaining debt as early as possible should you see higher budget revenue over the term of the loan.
You can get a favorable credit for the heating from the annual interest rate of 5 percent, depending on your credit rating. Do not delay long-term investments, but act now. Because it is foreseeable that interest rates will rise again in the coming years.
Thats how it works
As a rule, you enter your income and expenditure conditions on the website of the respective bank and receive an immediate confirmation, if your creditworthiness meets the expectations of the bank, you are German nationality and of legal age. Then print out the contract, sign it and send it along with the required documents by mail to the provider. After a few days, after the manual check, the credit for a heater should be in your account. Incidentally, in most cases, you do not have to specify the purpose.