Audacious Sparda Bank Baden Württemberg

You should be happy that you were still allowed to keep the conditions. I would have rejected the loan and rather lent the money elsewhere (where are we now, 4% for 20 years?).

Yes, even if he pays one year of commitment interest - getting money now at 1.4% and having it secured for 20 years more than compensates for that.

Well, I had applied through Dr. Klein. I only received the actual contract documents from Sparda now with the approval.

Without the documents, you blindly signed a contract. Brave. You could have gotten them from your advisor. But no matter, enjoy the super good conditions. It could really have turned out very differently :)

Without documents, you blindly signed a contract. Brave. You could have gotten them from your advisor. But never mind, enjoy the super good conditions. It really could have turned out very differently :)

No, we applied for a loan through the broker. We have now received the documents from Sparda, which we then also had to sign. From now on, our 14-day cancellation period starts. So there was no risk involved. But yes, we are very happy to have just applied in time. The wait was worth it.

So I also applied for a 100k full repayment loan over 15 years at 1.51% in February through Dr. Klein at Sparda Baden Württemberg and have now signed, and my repayment only starts on 7/1/23. So that is not normal at all. You just signed the contract now and then the 12 months only start now.

It starts exactly as stated in the contract that one signs. Either one has read and signed it as such, or blindly accepted it with a signature.

Curiously, the fixed interest period only begins now. The person at Sparda with whom we had to sign was already quite annoyed that we are coming through an intermediary. He said he couldn't change anything, that it had to go through Dr. Klein and, if necessary, an additional agreement would have to be made. The latter, in turn, received the blunt response that an adjustment here is only possible together with a rate adjustment to today's level. Then we'll just have to swallow that. That, along with 4 months of processing time without a word of apology, is somehow quite bold.