01 · Key points
What matters for this topic
Disclose all commitments
Compare paying off and keeping existing loans
Structure credit enquiries carefully
Recalculate your household surplus
02 · Be prepared
Points you should not underestimate
- Forgetting small loans and leasing
- Overlooking early repayment costs
- Too many simultaneous credit applications
03 · Documents
Commonly required documents
The documents actually needed depend on the lender, your plans and personal circumstances. The following are often useful for preparation:
04 · Practical example
What an assessment might look like
A car loan can continue or, where suitable, be paid off. Only a full calculation shows which option is more affordable.
This example is illustrative only and is not a mortgage commitment or quotation of terms.05 · Frequently asked questions
Questions about Mortgages with existing loans
Must an existing loan be paid off first?+
Not necessarily. The bank includes the ongoing payment and outstanding balance in its household assessment.
Is paying it off always worthwhile?+
No. Compare costs, term and conditions.
Important information
The information on this page is general. It does not replace individual mortgage, legal or tax advice and is not a binding credit commitment. Requirements and terms are assessed individually.