Annuity loan vs. home savings contract - comprehension questions

Did you receive the conditions that you signed with your loan application?

Last time NO ?! Unu ???? My story: I submitted the identical documents (same minimum documents) through 2 intermediaries to 2 banks; the one that was better requested additional documents (loan account statement from an intermediate year) with the note that the conditions would be higher upon submission because the documents were insufficient. I took the loan with Bank 2.

Then I hope something like that doesn't happen to me. Have a nice day.

Then I hope something like that doesn't happen to me. Have a nice day.

I wish you the same

Now I actually understand where the mistake lies and why the Annu 1.65% + [Bausparvertrag] 1.25% appears more expensive than just Annu with 2.04% over 20 years.

The financing requirement after 14 years still amounts to 310 thousand, but I did not reduce the amount by the accumulated sum of 128,504. After this, the financing requirement is only 183,469. This amount can then be repaid with 1.25% interest and a repayment rate of 8.93% within 10 years. Thus, the costs of 78 thousand for the preliminary Annu plus 12.4 thousand + the closing costs of 3.3 thousand = 93.7 thousand total costs.

This would make me 20 thousand cheaper than with the assumed Annu with 2.0% for 20 years and 6% thereafter.

Doesn't this basically argue in favor of the [Bausparvertrag] from the perspective?

Is the Riester plan included in the building savings contract and possibly an additional option? However, you have to look at and understand the structure well, for example the housing subsidy account. But it can be worthwhile due to the government subsidies.

No, neither Riester nor any other subsidy is included. The advantage arises solely from the favorable terms regarding the [Bausparvertrag] and the [Annu].