Annuity loan rejected, alternative?

Hello everyone,

originally, we wanted to choose a pure annuity loan for our new building.
Here, we were focused on special repayments and a long fixed interest period.
Additionally, the interest-free availability period was to be at least 9 months.

We had decided on an offer from ERGO (355,000€), where we would have had a 25-year interest rate of 2.23%/2.27% with a rate of 1400€.
Through special repayments, we wanted to have the outstanding debt paid off after 25 years.

Unfortunately, this was rejected because the location of the house was apparently too "rural"... :(

Now we have an alternative offer, which consists of a full repayment loan and a home savings contract. In many cases, we have been advised against this here in the forum, but personally, I don't think this offer is bad at all (maybe I am overlooking a decisive factor??).

Loan amount: 350,000€

Commerzbank AG

102,000€ as a full repayment loan
Rate: 762€
Interest rate: 1.19%
Term: 12 years

Special repayment 10% p.a.

336,000€ (248,000€ + 88,000€) for the home savings contract
Rate: 451€ + 128€
Interest rate: 1.61%
Term: 12 years

Wüstenrot

238,000€
Interest rate: 2.00%
Rate: 1344€
30 years term

What do you think about it?

Do you have an intermediary who supports you? If not, then the discussion about whether the offer is good or bad is pointless, because you don’t even know if Commerzbank thinks the same way as [ERGO]. This way, you can only harm yourself and your Schufa.

Look for an intermediary who knows which banks finance rural properties.

Already had a conversation with the broker and the bank representative together

Offer from ERGO decided (355,000€)

Now 5K less?

Loan amount: 350,000€

336,000€ (248,000€ + 88,000€)

???

238,000€

Honestly, I have trouble getting to the 350K, respectively when/which component gets paid

Already had a conversation together with the broker and the bank representative

What now? The broker referred you to a financer who does not finance rural properties?

Honestly, an experienced broker will refer you to the financer who will most certainly close a successful deal based on your individual data.

Now I already sound like the bad guy :p

Go to an intermediary. Before that, you should roughly know how much you want to pay monthly and when you want to be finished. How much equity do you have?

I would definitely let ERGO's assessment sink in... Is the plot of land so remote that it might have to be much cheaper?