Building Loan Agreement Template for Germany

1. Construction Phase Provisions: Specific terms for construction phases, including disbursement schedule and construction monitoring - used when financing new construction

2. Government Subsidy Terms: Special provisions for government-subsidized loans (e.g., KfW programs) - included when public funding is involved

3. Additional Borrower Provisions: Special terms for multiple borrowers or guarantors - used when more than one borrower is involved

4. Insurance Requirements: Specific insurance obligations beyond standard requirements - used for special property types or higher-risk loans

5. Prepayment Terms: Detailed provisions for early repayment options and penalties - included for fixed-rate loans with prepayment options

6. Interest Rate Adjustment: Terms for interest rate adjustments after fixed-rate period - used for loans with variable rate periods

1. Schedule 1: Property Details: Detailed description of the financed property, including land register details and address

2. Schedule 2: Amortization Schedule: Detailed repayment schedule showing principal and interest payments over the loan term

3. Schedule 3: Interest Calculation Methods: Detailed explanation of interest calculation including effective annual rate (effektiver Jahreszins)

4. Schedule 4: Fee Schedule: Breakdown of all applicable fees and charges

5. Schedule 5: Disbursement Plan: Detailed plan for loan disbursement, especially relevant for construction loans

6. Appendix A: Required Documentation: List of required documents for loan processing and ongoing compliance

7. Appendix B: Insurance Requirements: Detailed specifications for required property and life insurance coverage

8. Appendix C: SCHUFA Clause: Credit reporting authorization and information