Calculate subsidy construction child benefit 2020, 2019 - Calculate Now
The dream of owning your own house or apartment becomes reality
High real estate prices have recently made it difficult for families with children in particular to acquire affordable housing. This is now set to change. Thanks to the recently adopted child construction allowance, families with lower incomes will be able to make their dream of owning their own home come true. Whether buying or building, the Baukindergeld can make some of the financing easier. Check how much money you are entitled to when building a house with our Building Child Benefit Calculator. Here you can find our building cost calculator in parallel.
Apply for Baukindergeld - who is entitled to a Baukindergeld subsidy?
The requirements for Baukindergeld applications are explained in detail here.
Families are entitled to the new "Baukindergeld" allowance if
- whose taxable annual income is below €90,000 (for one child) or €105,000 (for two children) or €120,000 for three children. With each additional child, this limit increases by a further €15,000. The average income of the last two calendar years before the application is taken as a basis.
- for all children who (will) live in the property to be acquired or in the acquired property and who are younger than 18 years at the time of application.
- provided that the building application was submitted or the purchase agreement was concluded in the period from January 1, 2018 to December 31, 2020.
- If the family has already purchased a property second-hand or built a new property before this period, there is no entitlement, unless the construction or purchase took place before the birth of the first child. If a new property is subsequently purchased or built, this family is also entitled to the Baukindergeld.
Since there is still no clear legal situation, it can be assumed that the entitlement to child construction allowance will be tied to the entitlement to child benefit, thus the child construction allowance will only be granted for the period of the child benefit entitlement.
How much will the Baukindergeld be in 2019 and 2020?
This is how the Baukindergeld amount is calculated for 2019 or 2019: For each child eligible for child benefit, the amount of the Baukindergeld is €1,200 per year. This is paid out annually over a period of 10 years.