Annuity loan vs. home savings contract - comprehension questions

So at 36 years old, I don't see myself able to pay it off by 67. Besides, I don't know anyone in my family/acquaintance circle who goes all the way through and/or earns the same amount right up until retirement.

Well, at my 36 years I don’t see myself able to pay off until 67.

No one is forcing you to. I am more relaxed about it: Whether I pay rent until the end or interest to the bank is not so important to me from today's perspective. (Which does not mean that my plan provides for that.)

Besides, I don’t know anyone in my family/acquaintance circle who sticks it out completely and/or earns the same amount until retirement.

I know everything: retiring early with deductions (often low earners), early and well provided for in retirement (early retirement schemes, high earners, company pension), working longer (until the wife also reaches retirement age).

And in most homebuilder careers I know now, it can be assumed that income rises with age (not only with inflation, but significantly above it).

I have now received another offer. Thanks to Zaba12 for the tip.

This time it goes for 20 years at 1.82% effective and then a building savings contract will be used again. The burden remains at €1500 per month. Interest paid for the annuity within the 20 years would be €91,268 with a remaining debt of €112,000. This will then be redeemed in the form of a building savings contract which is saved concurrently with the annuity at €194 per month. Interest costs for the interest on the building savings contract are €5,000. Total of €117,000.

Additionally, an annuity with 2.08% over the entire term of 27 years and 9 months was offered. The costs for the interest amount to €118,000.

Thus, my favorite remains the previously mentioned annuity with 15 years at 1.63% and then a building savings contract for the remaining term. From my point of view, this results in the most economical offer with interest costs of just under €94,000.

The offers from my Sparkasse and Comdirect are based on the same model annuity + building savings contract. However, these are unattractive compared to the other conditions.

Brief update from me: After the bank lost my documents and then found them again, the first instance approved the loan, now the final approval is still pending, which is expected next week. So fingers crossed

The financing would be approved. 20 years at 1.68% (large batch), 15 years (no batch) at 1.48% and the KfW at 1.70% for 10 years

The financing would be approved. 20 years at 1.68% (large fee), 15 years (no fee) at 1.48%, and the KfW at 1.70% for 10 years

Congratulations

what does no fee mean?