Honestly, the garden shapes the ambience of the house at least as clearly as the facade or the well-kept furnishings. Not only the facade counts for the residents, the beautiful garden is quality of life.
With a little “junk money” and a lot of personal contribution, beautiful effects can be achieved. But creating a new garden or transforming the garden into a “mini recreation area” costs significantly more. Your loan for garden design offers you the financial scope for garden dreams.
We will inform you below with ideas for the right loan for the garden pond up to the redesign of your garden landscape.
Garden planning equals loan planning
Your planning for the garden design loan begins with the planning phase for designing your personal “green lung”. Every detail of the system beautifies your garden, of course, must be financed at the same time. A garden pond can become an eye-catcher for a few hundred USD. A larger facility with year-round fish stock, a small waterfall and other highlights costs at least in the four-digit range.
Your individual garden design plans set out the basic credit line. Up to around 3,000 USD, borrowing is considered a small loan. Small loan amounts with a term of up to 36 months are among the particularly low-interest financing offers. In line with the LCB’s zero interest rate policy, you will discover loan offers at an APR of less than two percent.
For everyone for whom predictive garden planning is a waste of time, a small caution at this point. Do not underestimate the investment costs in a permanently beautiful garden. If you apply for a loan for garden design that is too low, the now inevitable overdraft facility will literally spoil the joy of the project.
The next paragraph is aimed at all those who want to act first and then finance.
Interim financing of garden design – short-term loan used correctly
Reliable garden planning, with a view to a realistic cost estimate, is complicated for the DIY project. Every handyman and gardener can get a rough overview of the costs, but only a professional gardener can actually calculate exact sums. Not too much – worse, not taking out too little money as an installment loan requires a small detour via short-term financing.
Most of the annual gardening projects are implemented by the garden remodeling project. This means that the interim financing period is limited to a few weeks. The overdraft facility, expanded after a short consultation with the house bank, or a credit line offers adequate interim financing. You choose the disposition if the project time definitely does not last longer than 6 weeks. For the credit line if the new garden design is designed for a longer period.
For later refinancing, however, it should be borne in mind that public development loans for garden design are no longer an option. The gardening loan as a debt rescheduling loan falls into the category of normal consumer loans at your free disposal. – The interest rate differentials are not as big as home builders know from the past. In pure DIY, without a solid financial plan, promotional loans would not be approved anyway. So you don’t lose anything.
Overdraft facility, credit line or installment loan – differences
The disposition is known to everyone. He is loved for his simplicity and hated for his excessive interest. Stiftung Warentest has determined interest claims for the overdraft of 10 – 17.5 percent. It is only suitable as a very short-term buffer for financing larger projects until all costs have been paid. After that, it must become an installment loan, because if used permanently, the financing costs would be several times that of the installment loan.
With the credit line, you receive a financing element that is almost as flexible as the overdraft facility. The one-time application (procedure equivalent to the installment loan) pays off by roughly halving the interest burden. (Direct comparison to the overdraft facility). It offers flexibility for garden redesign, since the loan amount applied for can be very high. Interest only has to be paid for the amounts of money actually called up. Your own checking account guarantees the availability of the money. It is fed by payments from the framework credit within 24 hours.
The cheapest option as a loan for garden design is the installment loan. If you apply online, provided you have a sufficient credit rating, the loan amount will be fully credited to your checking account within about 5-7 working days. In the following month, the loan repayment begins according to the agreed installment amounts. In a direct comparison of interest rates with the framework loan, the installment loan can again halve the interest burden.
Discover low interest rates
– you redesign your garden yourself
– Hire a gardener
– apply for an installment loan immediately
– interim finance first
it is clear that in the end the financing should be cheap. The online loan comparison offers the best savings for finding your gardening loan.
With simple operation, good credit comparison calculators invite you to save interest. The loan search engine wants to know how much money you need, what term you are planning and what the loan is used for. There is no loan specifically for garden redesign. In the loan comparison, you look for a loan for free use.
For financing with a very good credit rating, please pay more attention to loan offers with a credit-dependent interest rate. But, for around 70-80 percent of all people looking for credit, it pays to pay attention to effective interest rates that are independent of creditworthiness.