Construction costs are currently skyrocketing

I have already tried Google, but didn’t really find anything. I’m not sure if the Verbraucherzentrale could help. This would now be a case for Eap, but that hasn’t started with us yet.

Stupid situation, but the KfW is a normal bank, I wouldn’t expect goodwill there.
Especially since the argument is strange, I don’t get a discount from the general contractor just because interest rates are so high now, nor does my bank generously give me 10% off the amount for the follow-up financing.
I had to pay tuition fees back then, and when I was done they were abolished. That’s just how life sometimes is.

That the KfW adjusts the interest rates on such loans according to the market is stated somewhere in the contract or is known. In return, the interest rate is fairly favorable and you don’t pay any prepayment penalty.

No offense, but you can’t always just take advantages and when the tide turns everyone is mean and you hope someone will give you something for free or waive something.

I am truly sorry. It is so absurd that educators have to pay for their training and in the end do not receive a pilot's salary. Then another interest rate hike in view of the shortage of educators… one big head shake. :confused:

Oh yes, the irony. A wonderful stylistic device of the German language.

But this only applies to the few who are lucky enough to get a job at Lufthansa. Please take a look at what Eurowings, Germanwings, Ryanair, or Easyjet pay their pilots. And always remember that usually only one of the two in the cockpit is the captain and earns well. The co-pilot earns significantly less. Anyone who becomes a pilot today does so because it is their dream, not because they automatically get rich from it. Oh, and one more thing: The pilot's license is something like a driver's license. Officially, pilots have no vocational qualification; if they lose their license, they are unskilled in the job market.

Stupid situation, but the KfW is a regular bank, I wouldn’t hope for goodwill there.
Especially since the argumentation is strange, I also don’t get a discount from the general contractor (GU) because interest rates are high now, nor does my bank generously give me 10% of the amount for follow-up financing.
I had to pay tuition fees back then, and when I finished, they were abolished. That’s just how life sometimes is.

That the KfW adjusts interest rates on such loans according to the market is stated somewhere in the contract or is known. In return, the interest rate is quite favorable and you don’t pay a prepayment penalty.

No offense, but you can’t always just take advantages and when the wind changes, everyone is mean and you hope that someone gives you or waives something.

Well, I would have preferred to do the training without the loan and we would have gotten by with a part-time job and housing benefit. But the office would definitely have considered the money as notional income. There was also a later court ruling stating that it is a loan and not income. But by then, I was already out of the appeal deadline.
“Favorable” is relative and you simply had no choice regarding the interest rates. I would also have preferred to pay 2.5% fixed on ten years from the start.

Yes, that's right. That's why I still say that buying a house to live in yourself is a luxury and not a worthwhile financial investment.

With the current costs and today's rates, I see it the same way. But since we built several years ago, it was definitely a worthwhile investment for us in retrospect. For example, we pay a rate of €700 per month for a detached house with 140 sqm. Our neighbor currently pays €1,200 cold rent for the inhabited semi-detached house with also 140 sqm. And what would I get for €700 rent per month nowadays? Costs for house electricity and heating are less than €50 for us. In which apartment would I have that? If we were still renting, we would have much higher costs.