HoisleBauer22
2021-10-19 22:09:59
- #1
Interesting to me and also evident from Stiftung Warentest/Finanztest articles: Sometimes small local banks offer the better deal, sometimes only when you confront them with offers from intermediaries. It is absolutely necessary to put pressure on these "banksters," because every second decimal place (i.e., whether 1.3% or 1.31%) already amounts to 800 € in interest that you have "given away" to the bank in the end (scenario 500K loan, full repayment in 20 years). For 800€, it is worth checking out 2-3 more providers.
At the first decimal place (1.3 or 1.4% interest), this already amounts to 5500€ in the same scenario. Here it is definitely worth it.
But please do not forget to negotiate the commitment interest rate in new builds, which at 2.5% p.a. can wipe out all savings again.
At the first decimal place (1.3 or 1.4% interest), this already amounts to 5500€ in the same scenario. Here it is definitely worth it.
But please do not forget to negotiate the commitment interest rate in new builds, which at 2.5% p.a. can wipe out all savings again.