10 years (0.99%) or 15 years (1.40%)?

What would you do? 50/50 (15Y/10Y); 75/25 or all on one term? What should be considered regarding special repayments if we fix part for 10 years?

Without special repayments, I don’t find either the 10 years with 3.4 amortization or the 15 years with 3% appealing.

Either way, there would still be nearly 300K or 230K left to pay off.

What is the plan after the fixed interest period?

What are your options for real special repayments? Keep in mind that the house will always require money over the years.

Generally, different terms of components mean a certain commitment to the current institution. (unless they are full repayment components).

I’m thinking at least 15 years with an additional building savings contract as insurance.

It is difficult to give a serious answer here. 1.7k rate – what percentage of your net income is that? Are there any other reserves/assets? Why do you only want to choose 10 years? That is a gamble with interest rate risk. It can be done, but one should be aware of the significant risks. At 10 years there is still a remaining debt of 300k. At 15 years it’s 230k. Without further information, I’m with Lumpi. With that amount, I would at least ask about 20 years or longer. Please don’t be dazzled only by the low interest rates.

1.7k is 34% of our net income. Otherwise, there is only the paid-off land plus reserves of 12,000 that are not to be touched. We do not want to take 10 years but are looking for opinions for or against a “mixed” loan. That it is a gamble is clear. However, it is also a way to pay less interest, provided the bet pays off. We are aware of the remaining debt, but we will then also be 38/39 years old and a building savings contract is being saved in parallel (without an upfront fee due to the employer). Thanks for the open discussion.

So without special repayment, I don't find either the 10 with 3.4 amortization or the 15 with 3% appealing.

Either way, there are still almost 300K or 230K left on the table.

What is the plan for after the fixed interest period?

What are your possibilities for real special repayments? Keep in mind that the house always requires money over the years.

In general, different terms of components mean a certain commitment to the current institution (unless they are full repayment components).

I see at least 15 years with an additional building savings contract as insurance.

The building saver as insurance is in place and should at least reduce the interest rate risk between 60,000 (10 years) and 90,000 (15 years). At that time, we will be 38/39 years old and 43/44 years old respectively. Special repayment is possible up to 5% in this constellation. The current institution is my wife's employer. That simplifies many things but could of course be different in 10-15 years.

We also had the option of 10 for 0.77 or 20 for 1.4. So I'd rather sleep 20 years more peacefully. Interest rates in 10 years could look like they do now or be at 5%.. Who knows.

Which bank?

We also had the option of 10 for 0.77 or 20 for 1.4. So I’d rather sleep more peacefully for 20 years. Interest rates in 10 years could look like they do now or be at 5%... Who knows.

20 years for 1.4%? Details please

1.7k is 34% of our net income. Otherwise, there is only the paid-off property + reserves of 12,000 which are not to be touched. We don't want to take 10 years but are looking for opinions for or against a "mixed" loan. It is clear that it's gambling. However, it is also a way to pay less interest, provided the bet pays off. We are aware of the remaining debt, but we will also be 38/39 years old then and a building savings plan will be accumulated in parallel (no contract fee because of the employer). Thanks for the open discussion

With the ratio, I would definitely avoid 10 years. Save the installment in the building savings contract and increase the repayment. I already find 15 years harsh. I would rather mix 15 years with 20 or 25.

Edit: If you want to gamble, do everything on 20 years and save in stock funds instead of a building savings contract. You will probably end up better off.