Securing financing for a garage or carport: Your path to the goal
3 Jun 2025
Katrin Straub
Managing Director at nextsure
A new carport protects your car from the weather, while a robust garage provides security and additional storage space. However, the costs can quickly reach five-figure amounts. We will show you how to secure solid financing for a garage or a carport and which options offer the best terms.
The topic in brief and concise terms
For financing up to €75,000, a modernisation loan is often ideal, as it offers favourable interest rates without requiring an entry in the land register.
The costs vary greatly: A carport can cost less than 1,000 euros, while a solid garage can cost up to 25,000 euros.
Check for government subsidies, especially when installing a charging station for electric vehicles, to reduce costs.
Die Entscheidung für eine Garage oder einen Carport ist eine Investition in Komfort und den Werterhalt Ihrer Immobilie. Die Kosten variieren stark: Ein einfacher Carport ist bereits für unter 1.000 Euro zu haben, während eine gemauerte Garage bis zu 25.000 Euro kosten kann. Eine durchdachte Finanzierung ist daher entscheidend. Ob flexibler Ratenkredit, zweckgebundener Modernisierungskredit oder sogar eine Baufinanzierung – die richtige Wahl hängt von der Höhe der Investition und Ihrer persönlichen Situation ab. Dieser Artikel führt Sie durch die verschiedenen Möglichkeiten, zeigt Kostenfallen auf und gibt praxisnahe Tipps.
Realistically Calculating Costs: Garage versus Carport
The costs are the first step in planning. A simple wooden carport can be realised for under 1,000 euros. If you prefer a more durable steel construction, you should expect costs starting from 1,500 euros. A solid garage is a significantly larger investment with prices starting at 15,000 euros, but it offers more protection and usage possibilities. Do not underestimate the additional costs for the foundation, building permit, and installation, which often account for 15 percent of the total sum. A double carport can cost up to 10,000 euros, with a double garage costing correspondingly more. The exact calculation of these expenses is the basis for the next step: choosing the right form of financing.
Comparison of Financing Options: From Flexible to Purpose-Bound
There are several ways available for financing your project. Each option has specific advantages that depend on the loan amount and need for flexibility. Careful consideration is essential for favorable terms. Here are the most common models:
The classic installment loan offers maximum flexibility as it is not tied to a specific purpose.
A modernization loan is often more favorable in terms of interest but is tied to residential measures.
A construction financing pays off for large amounts or in combination with other construction measures.
A savings contract is ideal if you plan to build only in a few years.
For amounts under 50,000 Euros, an installment or modernization loan is usually the faster and less bureaucratic solution. A loan with free use suits smaller projects well. The choice of the right financing depends heavily on the overall costs and timeline.
The Modernisation Loan: Take advantage of interest benefits without a land register entry
A modernization loan is specifically intended for value-enhancing measures on a property. The biggest advantage is that banks often waive a costly land register entry for loans up to 75,000 euros. This not only saves notary fees of several hundred euros but also significantly speeds up the disbursement – often to just four to five working days. The interest rates are usually lower than for a personal installment loan, as the bank considers the property as indirect collateral. The prerequisite is that you own the property and can prove that the funds are used for construction. Such a loan without a land register entry is ideal for garage projects up to the specified amount. Next, we will consider the option for even larger ventures.
The Construction Financing: The Right Choice for Large Projects
If your new garage is part of a larger renovation or the costs exceed €50,000, a traditional property financing becomes relevant. In this case, the loan is secured by a land charge in the land register. Although this process takes longer and incurs notary fees, it ensures you get the lowest interest rates. An affordable property financing is often the first choice when the garage is planned together with the house construction. The interest rate lock-in can be set here for ten or more years, which provides a high level of planning security. This option is less flexible, but for high six-figure sums for an overall project, it is the most economical solution. But what if you want to plan and save in the long term?
Expert Tip: Check for Government Subsidies for Charging Stations
If you plan to equip your new garage or carport with a charging station for an electric car, you can benefit from government subsidies. The Kreditanstalt für Wiederaufbau (KfW) has previously offered grants such as Programme 440, which subsidised private charging points with €900 per point. Although this specific programme has ended, there are always new regional and national funding sources available. Our expert tip: Make sure to check the current funding databases from the federal and state governments before starting construction. Often, combining it with a photovoltaic system on the garage roof is a requirement, which is supported by programmes like KfW 270 with low-interest loans. Such an investment can reduce overall costs by more than ten percent.
Conclusion: The right financing is individual
Securing financing for a garage or carport requires a careful analysis of one's own needs. For quick and smaller projects up to €10,000, a personal loan is often sufficient. For larger projects up to €75,000, the modernisation loan without land register entry offers the best balance between interest costs and minimal effort. For very expensive or combined construction projects, there's hardly any way around traditional property financing. Always compare multiple offers to save at least one to two percentage points on the effective annual interest rate. Thoughtful financing is key to a successful project without financial surprises.
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More useful links
Statistisches Bundesamt provides information on construction prices and the property price index in Germany.
KfW banking group offers information on support for new builds for private individuals in Germany.
Deutsche Bundesbank presents its indicator system for the residential property market.
Statista provides statistics on the development of construction interest rates in Germany.
Deutsche Kreditwirtschaft publishes a press release on the topic of building finance, security, and flexibility.
Verbraucherzentrale provides comprehensive information on building and property financing.
Land Schleswig-Holstein provides information on the building regulations in Schleswig-Holstein.
Federal Ministry of Finance provides information on the Federal Agency for Real Estate Tasks (BImA).
FAQ
Wie hoch sind die Zinsen für eine Garagenfinanzierung?
Die Zinsen hängen von der Kreditart und Ihrer Bonität ab. Bei Modernisierungskrediten liegen die effektiven Jahreszinsen oft zwischen vier und sieben Prozent, während sie bei freien Ratenkrediten etwas höher sein können. Baufinanzierungen bieten die niedrigsten Zinsen, erfordern aber eine Grundschuldeintragung.
Benötige ich für den Bau einer Garage eine Baugenehmigung?
Das hängt vom Bundesland und der Größe des Bauvorhabens ab. In vielen Bundesländern sind Garagen bis zu einer bestimmten Grundfläche (oft 30 bis 50 Quadratmeter) genehmigungsfrei, müssen aber dennoch dem Bebauungsplan entsprechen. Informieren Sie sich vorab beim zuständigen Bauamt.
Kann ich einen Kredit für eine Fertiggarage aufnehmen?
Ja, die Finanzierung einer Fertiggarage funktioniert genauso wie bei einer massiv gebauten Garage. Da die Kosten hier oft niedriger sind, ist ein Raten- oder Modernisierungskredit in der Regel die passende und schnellste Lösung.
Wie lange dauert die Auszahlung eines Kredits für einen Carport?
Bei einem Modernisierungskredit ohne Grundbucheintrag oder einem Ratenkredit erfolgt die Auszahlung meist innerhalb weniger Werktage nach Genehmigung, oft sind es nur vier bis fünf Tage. Eine Baufinanzierung dauert aufgrund der notariellen Beurkundung und des Grundbucheintrags mehrere Wochen.
Welche Unterlagen benötige ich für die Finanzierung?
In der Regel benötigen Sie die letzten drei Gehaltsnachweise, Ihre Kontoauszüge, eine Kopie des Personalausweises und den Kostenvoranschlag für die Garage oder den Carport. Bei einem Modernisierungskredit kann zusätzlich ein Grundbuchauszug erforderlich sein.
Kann ich die Finanzierung vorzeitig zurückzahlen?
Ja, bei den meisten Raten- und Modernisierungskrediten sind kostenlose Sondertilgungen oder eine vollständige vorzeitige Rückzahlung möglich. Bei Baufinanzierungen ist dies oft nur gegen eine Vorfälligkeitsentschädigung möglich, es sei denn, es wurden vertraglich Sondertilgungsrechte vereinbart.
