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Page modified: Saturday, June 24, 2006 10:36:06

One speaks of an additional financial assistance if in the course of the building project turns out that the costs (and thus the financing need) are higher, than estimated and therefore additionally for the building loan already agreed upon a further credit becomes necessary.

The reasons for an additional financial assistance are

  • Error with the determination of the financing need or
  • Unexpected cost increases

Since during the additional financial assistance often no werthaltigen credit collateral can be placed, the amounts in the comparison with the origin financing rather small, which is however large work expended, are usually higher the interest for an additional financial assistance than with a building loan.


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