Buy a House with Knowhow

You want to buy a house or property? Can you afford that? How much interest would you have to pay on the real estate financing / construction financing and how much would unscheduled repayments affect your repayment plan? How much sooner can you finish paying off the loan, if you increase the interest or repayment rate? Buying a House with Brains will help you answer many of these questions.

Based on your information about your equity, the purchase price of the house / property, the additional costs such as taxes or brokerage fees, the possible interest rate, the expected fixed interest rate, the repayment rate and your planned unscheduled repayments, the app calculates your personal repayment plan. Here you can see at a glance how long you are paying off your real estate financing / construction financing and how much interest you have paid in total at the end.

The app calculates a repayment plan for you and shows you in detail, year after year, month after month, how much of your loan is left to pay. It also warns you when your fixed interest rate has expired and therefore changes.

Oftentimes, real estate financing consists of several independent loans. The app supports that. Create any number of loans. Determine the probable interest rate, the expected fixed interest rate and the repayment rate or the monthly installment individually. You can also decide for each loan whether unscheduled repayments should be taken into account or not. The app calculates your individual repayment plan from all loans and provides you with a realistic and precise result.

Experiment with purchase prices, brokerage fees, interest rates, fixed interest rates, repayment rates, desired monthly installments and unscheduled repayments and understand how long what costs you will have to face and when you have paid off your potential house.