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First Interest Rate Increase Regulation for Housing Assistance Loans
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Title (English)
Title (German)
Kind
Approval
Due Diligence
Governance
Other
Record Keeping
Reporting
Stakeholder Engagement
Frequency
Annual
Biennial
Continuous
Event-triggered
Monthly
One-time
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Quarterly
Weekly
Check frequency
Annual
Biennial
Continuous
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Monthly
One-time
Other
Quarterly
Weekly
Rule set
Regulation-wide (no rule set)
Loans from housing welfare funds
Loans approved before 1 January 1960
Loans approved from 1960 to 1969
Mixed publicly funded housing subject to state-law rules
Complexity (0–5)
Business functions
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Executive
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Sustainability
Description (English)
The additional monthly burden resulting from the interest-rate increase must not exceed 100 Deutsche Mark per dwelling.
Description (German)
Die monatliche Mehrbelastung durch die Zinserhöhung darf 100 Deutsche Mark je Wohnung nicht übersteigen.
Affected products/services (English)
Family homes and condominiums within the meaning of Section 2(3) no. 1
Affected products/services (German)
Familienheime und Eigentumswohnungen im Sinne des § 2 Abs. 3 Nr. 1
Checking responsibility (English)
Loan debtor and loan-administrating body
Checking responsibility (German)
Darlehnsschuldner und darlehnsverwaltende Stelle
Check method (English)
Calculation of the additional monthly burden per dwelling and comparison with the maximum amount of 100 Deutsche Mark
Check method (German)
Berechnung der monatlichen Mehrbelastung je Wohnung und Vergleich mit dem Höchstbetrag von 100 Deutsche Mark
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