New windows not only serve to beautify an apartment, but also often to improve thermal insulation. Even if it makes sense to build up a reserve for renovation measures, most homeowners take out a loan for installing new windows.
New windows increase the living value of a house considerably. After installing new windows, the owner of a tenement house can increase the rent, provided that the measure is actually a modernization and not just a repair such as the mere exchange of rotten and warped windows. The bank naturally takes the higher rental income and future savings into account when calculating creditworthiness.
The energy saving leads to cheap loans
Intrasavings bank provides homeowners with a cheap loan for new windows if they achieve significant energy savings with the construction project. Ideally, they combine window installation with other components of an energy-related renovation of their house. The application for the Intrasavings bank promotional loan for the new windows is made through a commercial bank chosen by the customer. In addition to reducing energy consumption, promotional loans from Intrasavings bank are also available for the installation of new windows if this is done in a listed building.
Cheap loans for window modernization
A loan for new windows is a real estate loan, so that the homeowner can take advantage of a low-cost home loan if he has continued to pay for a home savings contract after building or buying the house. With classic real estate loans, many banks do not make an entry in the land register for amounts of up to USD 30,000 or USD 50,000. The best way to get a cheap loan for new windows is through support programs from local Cream banks and savings banks.
In contrast to Intrasavings bank promotional loans, these do not necessarily require energy savings through the installation of new windows. Rather, the regionally active credit institutions only require that the homeowner commission locally-based handicraft companies to carry out the work in order to grant discounted renovation loans. Windows can be installed and replaced in buildings by a window manufacturer or a joiner.
Installment payment at the window manufacturer?
In principle, a separate loan for new windows can be replaced by agreeing payment in installments with the contracted window or carpenter. However, small craft businesses often cannot offer their customers installments, so this convenient and inexpensive form of financing forces the homeowner to hire a large company to install the windows.
However, it is not economical to accept an overpriced offer to replace the windows because of cheap or even interest-free financing. In many cases, smaller craft businesses make the cheapest offer.