Capital-forming benefits for real estate financing

Hello Maybe one of you can give me a tip. Until now, we had the employer's advance payment for the loan transferred to the bank. Now we have refinanced, and Allianz refuses to proceed as the Sparkasse and also the DSL Bank did with another financing. According to Allianz, in the case of our financing, the payment of the advance is not possible because we have received such good conditions. I don't know what that has to do with the conditions, but okay. Now my question: is it still possible to receive the advance? I seem to remember having read somewhere that the employer can also transfer the advance to their own account if you can prove that you have an ongoing real estate financing. Maybe someone can give me a tip about this? Unfortunately, I can't find anything online anymore

Well, I know it from the Sparkassen, that they basically see it as a special repayment, therefore they have no problems with 40€ additionally being transferred monthly on top of the rate.

Has the DSL Bank also accepted this with normal annuity loans? With the Kombis Bank/BHW they like to do it, because the advance payment is directly transferred to the building savings contract, later also into the building savings loan (since there are no limited special repayments here, you can pay in "more" as much as you want)

With Allianz, a monthly special repayment of 40€ would probably be too low, or the minimum amount for special repayment might be undershot.

BUT what speaks against investing this advance better? It would be important that the "costs" are low, then an annual interest rate of 2.5% should probably make more than the interest you pay?

Otherwise, as Philipp already wrote:
vermögenswirksame leistungen für baukredit googeln

You should also find this there:

[*]With the payment of the advance savings contributions, a building loan can be paid off faster. Due to the low interest rates on normal savings balances, repayment is worthwhile in many cases
[*]With building savings loans, an advance special repayment is usually possible without problems, with normal bank construction financing it depends on the contract.

and

[*]The employer transfers the advance payment to your loan account. For this, you simply provide the bank details of your loan account when applying for the advance.
[*]You have your capital-forming benefits transferred to your salary account and transfer the money yourself to your loan account. In this case, you must get a confirmation from your bank that you exclusively use the received advance amounts for loan repayment.

We have not agreed on a special repayment with the DSL, but the installment is reduced by the advance payment. The employer pays the advance payment monthly to the DSL, and the DSL only collects the difference. This was also the case with the Sparkasse.

And Allianz does not want that.

What alternative with 2.5% interest and low costs do you suggest? Our bank advisor had no other idea than a home savings contract. We still have an existing life insurance contract from 2004; could it possibly be transferred there?

so everything depends on when your financings expire and when you then need the money.

and then you calculate everything through what makes the most sense.

possibly a Bausparvertrag after all (that makes sense if you also want to take out the loan at the respective time, for example for modernizations or doing something on the house)

of course, you can also plan so that you finish the financing and use the saved advance for other things. then I would rather take something that yields a higher return. so ETFs, funds, etc. BUT you really have to watch the costs, it's no coincidence that 80% of funds yield less than the market (index), probably because of management fees etc. that eat into the returns.

what I have privately (this should of course not be a recommendation, more of a suggestion): iShares Core S&P 500 ETF, good returns over time, low costs (0.07%) important is that when you buy shares, you don't have to pay any fees for it!

I concluded it back then through fee-based advice. you just had to watch the lead time, but there are also some cheaper providers that offer it as a lead time...