Personal capital contribution (ready real estate)

Definition

It is the share of availability whose borrower lays out and which it will use for his real estate project.

It is consisted the following elements:

  • Booklets,

  • saving acquired on all banking contracts (PEL, Insurance life…)
  • Plane of saving of company (of which the borrower can profit in Net from tax taking into account the Motif from the withdrawal)
  • family Dons
  • family Prêts (with or without interests…)
  • more been worth on the resale of a preceding housing
  • Money available on a current account

Remarks

  • a personal capital contribution prepares while being constituted very early.
  • the banks lend more readily as regards risk management when it there has a good personal capital contribution since the effort of loan is reduced and thus it there a risk shared on the investment. The banks will then make profit from a rate lower than the customer with contribution.
  • One considers that on average a contribution of 30% minimum makes considerably lower the rate of loan.

See too

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