Assessment of financing offer - Which repayment

Thank you, that already helps us a lot :-)

That means we could also set 2% in the contract and in an emergency go down to 1%?
Then the difference between starting with 2% and if necessary going down to 1%, and starting with 1% and immediately going up to 2%, is not that big – at least in terms of the approach. The only difference would be that we would have to apply for a repayment change right away at the beginning. Or am I missing something here?

Hello Annette,

yes, that's how we agreed.

However, I would recommend that you include the repayment amount you want to pay in the contract right from the start. As far as I remember, the number of (kostenlos) possible changes to the repayment amount was limited.

Therefore, in my opinion, it makes less sense to "use up" one of these free changes right at the very beginning. ;)

Regards,

Dirk

Hello!

Early repayment is always "nice," but you also have to be able/willing to use it. Experience, especially with new builds, has shown that people like to skip it in the first few years.

I also consider 1% repayment in the annuity very risky at the current interest rate level. 2% should be a must-have, you didn’t want to repay for 40 years anyway.

Not so general :) If you can save well, a low fixed repayment also works, especially with currently low interest rates. It’s just a matter of discipline. We also have a 500k loan and only 1.5% repayment. At the same time, we save a few more percent monthly in corresponding investments (consider the return!). This rapidly growing amount gives me a lot of flexibility and a sense of security. Whether the remaining debt at the end of the fixed interest period is smaller or I have amount x saved up doesn’t really matter :)

Regards, Steffen

then just have a repayment rate change written in. by now it is standard practice that you can change the rate up to 2 times for free.

i am a fan of going high. you get used to the burden then

then just have them write in a repayment rate change for you. it’s now common practice that you can change the rate up to 2 times for free.

i’m a fan of going high. you get used to the burden then

I am a fan of having a lot of liquidity :) I am also a fan of gold and a not insignificant amount of cash. I am a scaredy-cat and I own up to it. With our current politics, we might also have to think about "escape" :rolleyes:

Seriously: We have saved for many years and are used to the saving rate. When we move in, we will have quite a bit more money than now.

Regards, Steffen

I am a fan of having a lot of liquidity :) I am also a fan of gold and a not insignificant amount of cash. I am a scaredy-cat and I admit it. With our current politics, we might also have to think about "escape" :rolleyes:

Seriously: We have been saving for many years and are used to the savings rate. When we have moved in, we will have a bit more money than now.

Regards, Steffen

yes and you earn 8k every month. we all know that by now. If things are tight, one should have a high monthly repayment. If you earn 8k like you do, you can afford to miscalculate sometimes and make special repayments. I am convinced that you do that too