Bausparsumme

Bausparsumme is a term used in German building-savings contracts (Bausparvertrag). It denotes the total financing target that a contract aims to provide for a building project or purchase. The sum is fixed at contract start and represents the combination of savings and borrowed funds that together finance the planned project.

The Bausparsumme consists of two parts: the Bausparguthaben (the amount accumulated through regular savings) and the Bauspardarlehen (the loan portion that the Bausparkasse will grant). During the savings phase the saver accumulates capital toward the Bausparguthaben, following a defined saving plan. Once the contract meets the required conditions, such as reaching a minimum savings level and the agreed duration, the lender allocates the loan portion up to the remaining amount so that the total financing equals the Bausparsumme.

Disbursement occurs in a phase called Zuteilung, after which the borrower can draw the loan amount and use the funds for the project. The Bauspardarlehen is usually offered at a fixed interest rate for the term of the loan and is repaid according to an agreed schedule. The Bausparsumme therefore serves as a transparent financing target that combines personal savings with borrowed capital to fund housing-related costs.

In practice, the Bausparsumme provides predictable financing terms and is commonly used for home purchase, construction, or renovation. Depending on national rules, the savings portion may qualify for government subsidies or tax benefits.