Full financing
Full financing is also called 100% financing or 110% financing. With this type of financing, no own financial resources (equity) are used. The purchase price is borrowed in full. In the case of 110% financing, all other ancillary purchase costs are also financed.
The prerequisite for such financing is usually a relatively good income because the monthly installments are often considerably higher compared to other financing options.
In our article on the subject of "Financing without equity" we explain the whole thing to you in detail: