Bausparen

Question 1

Bausparvertrag

Answer 1

Contract combining savings phase and loan entitlement.

Question 2

Bausparkasse

Answer 2

Specialized financial institution for building savings.

Question 3

Bausparsumme

Answer 3

Total contract amount (savings + loan).

Question 4

Sparphase

Answer 4

Phase where customer saves capital.

Question 5

Darlehensphase

Answer 5

Phase where customer receives low-interest loan.

Question 6

Kollektivprinzip

Answer 6

Collective financing system among all savers.

Question 7

Zinsgarantie

Answer 7

Guaranteed future loan interest rate.

Question 8

Regelsparbeitrag

Answer 8

Standard monthly savings amount.

Question 9

Mindestansparung

Answer 9

Minimum savings percentage before allocation.

Question 10

Abschlussgebühr

Answer 10

Acquisition fee (usually % of Bausparsumme).

Question 11

Zuteilung

Answer 11

Allocation of Bauspar contract for loan use.

Question 12

Zuteilungsreife

Answer 12

Contract meets conditions for allocation.

Question 13

Bewertungszahl

Answer 13

Key figure determining allocation priority.

Question 14

Zuteilungsmasse

Answer 14

Available collective funds for allocation.

Question 15

Mindestbewertungszahl

Answer 15

Minimum rating required for allocation.

Question 16

Zuteilungsvoraussetzungen

Answer 16

Requirements for loan release.

Question 17

Guthabenzins

Answer 17

Interest paid on savings balance.

Question 18

Sollzins

Answer 18

Interest rate on Bauspardarlehen.

Question 19

Zuteilungstermin

Answer 19

Date when contract becomes allocated.

Question 20

Teilzuteilung

Answer 20

Partial allocation of contract.

Question 21

Bauspardarlehen

Answer 21

Low-interest loan granted after allocation.

Question 22

Tilgungsbeitrag

Answer 22

Repayment portion including interest.

Question 23

Effektivzins

Answer 23

Effective annual interest rate.

Question 24

Nominalzins

Answer 24

Nominal interest rate.

Question 25

Annuität

Answer 25

Constant repayment installment.

Question 26

Vorfälligkeitsentschädigung

Answer 26

Prepayment penalty.

Question 27

Sondertilgung

Answer 27

Special repayment.

Question 28

Grundschuld

Answer 28

Mortgage security on property.

Question 29

Beleihungswert

Answer 29

Lending value of property.

Question 30

Rangstelle

Answer 30

Priority ranking in land register.

Question 31

Wohnungsbauprämie

Answer 31

State premium for building savings.

Question 32

Arbeitnehmersparzulage

Answer 32

State subsidy for employee savings.

Question 33

Vermögenswirksame Leistungen (VL)

Answer 33

Employer-funded capital-forming benefits.

Question 34

Einkommensgrenze

Answer 34

Income limit for subsidies.

Question 35

Förderberechtigung

Answer 35

Eligibility for government subsidy.

Question 36

Wohn-Riester

Answer 36

Riester promotion for owner-occupied property.

Question 37

Eigenheimrente

Answer 37

Subsidized retirement through home ownership.

Question 38

Wohnförderkonto

Answer 38

Notional account for Riester housing subsidy.

Question 39

Nachgelagerte Besteuerung

Answer 39

Deferred taxation of Riester benefits.

Question 40

Kündigung

Answer 40

Termination of Bauspar contract.

Question 41

Vertragslaufzeit

Answer 41

Contract duration.

Question 42

Treuebonus

Answer 42

Loyalty bonus for long-term savers.

Question 43

Darlehensverzicht

Answer 43

Waiver of loan entitlement.

Question 44

Verwendungsnachweis

Answer 44

Proof of residential use.

Question 45

Wohnwirtschaftliche Verwendung

Answer 45

Use for housing-related purposes.

Question 46

Nichtabnahmeentschädigung

Answer 46

Compensation for not taking loan.

Question 47

Ruhendstellung

Answer 47

Temporary suspension of payments.

Question 48

Tarifwechsel

Answer 48

Change of Bauspar tariff.

Question 49

Bauspardarlehen Vorteil

Answer 49

Guaranteed low interest rate.

Question 50

Bankdarlehen Vorteil

Answer 50

Immediate loan without savings phase.

Question 51

Bausparen Zinsrisiko

Answer 51

Protected against rising interest rates.

Question 52

Bankdarlehen Zinsrisiko

Answer 52

Interest rate may increase after fixed period.

Question 53

Bausparen Kollektivprinzip

Answer 53

Loan financed by saver community.

Question 54

Bankdarlehen Individualprinzip

Answer 54

Loan funded directly by bank.

Question 55

Bausparen Planungssicherheit

Answer 55

Fixed repayment and interest.

Question 56

Bankdarlehen Flexibilität

Answer 56

More flexible loan structure.

Question 57

Bausparen Fördermöglichkeiten

Answer 57

Eligible for state subsidies.

Question 58

Bankdarlehen Fördermöglichkeiten

Answer 58

Limited state promotion.

Question 59

Was ist das Kollektivprinzip?

Answer 59

All savers finance each other’s loans.

Question 60

Was ist die Bewertungszahl?

Answer 60

Figure determining allocation order.

Question 61

Wann ist ein Vertrag zuteilungsreif?

Answer 61

After minimum savings and rating reached.

Question 62

Was ist die Abschlussgebühr?

Answer 62

Fee calculated as percentage of Bausparsumme.

Question 63

Was ist Wohnungsbauprämie?

Answer 63

State subsidy for savings contributions.

Question 64

Was ist Arbeitnehmersparzulage?

Answer 64

Subsidy for VL savings.

Question 65

Was ist Wohnwirtschaftliche Verwendung?

Answer 65

Use of funds for housing purposes.

Question 66

Was ist das Wohnförderkonto?

Answer 66

Tax account for Riester housing subsidy.

Question 67

Warum ist Bausparen bei steigenden Zinsen attraktiv?

Answer 67

Loan interest secured early.

Question 68

Was ist Mindestansparung?

Answer 68

Required savings percentage before allocation.