Building financing done right or wrong??

A bullet loan, nothing else is the loan you described, is rather uncommon in the private sector because

a) it is usually more expensive than an annuity loan (normal loan with interest and repayment)

b) there is usually a gap at the end. To make a bullet loan look cheap or to calculate it nicely, it is often calculated with excessive surpluses of the LV or the fund, which is supposed to be your repayment. After a few years, you will receive a letter stating that the assumed surpluses will probably not be achieved and that you should close your financing gap by taking out another LV.

A bullet loan only makes sense if the repayment is provided by the guaranteed maturity amount of a (unit-linked) LV. Everything that is surplus and then remains is nice, but should not be used for the calculation of the loan. If you actually do it this way, it usually becomes considerably more expensive than a normal loan, which you secure against death with a simple risk LV.

Guarantee funds are useless, especially not in the [lv Mantel]

Sure - with bullet repayment, you do not pay down the principal during the term, so you always pay the full interest rate until the end.

Hey, we also finance our house from 2003 through DSL with equity funds as a repayment substitute and think it’s worth a try. However, we buy independently and broadly diversified via a fund platform without front-end load and additional fees and invest in riskier funds during the first 15 years and only switch to bond funds and safer investments towards the end. With a very long term (20-30 years), the chances of a profit are certainly quite good. You just have to be able to endure the risk for the chance. The time factor is simply crucial. You are certainly bound to the contract with DSL, but a repayment change would be possible with us (just ask) and you are probably not bound to the financing advisor if you feel he charges too much for the service. We wish you good luck no matter how you decide.
Regards Mareike