Real interest

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Rem interest rates are part of the entry of a mortgage , in section III of the land register in addition to the mortgage amount.

The interest and the land charge represent the maximum security limit that the bank can assert in the event of a foreclosure auction .

For safety reasons (for example interest rate fluctuations, resulting costs in case of insolvency ) are from the lenders entered up to 20% interest in rem.

However, the basis of the payment entitlement is the interest rate agreed in the loan agreement . The real interest represents the maximum claim of the land debtor (lender) from the property in the event of realization (foreclosure auction).