Construction financing - Influence of private retirement provision on interest rate

if you pledge credit balances no matter where they are invested, whether in insurance policies or (building) savings contracts, in a real estate financing, the interest rate is reduced. Especially if it is a 100% financing, which is done for rental apartments for the tax office. However, in 1-2 years you will not accumulate any credit balance in this expensive pension insurance but will have a surrender value of 0. In addition, you confuse the terms pension insurance, unit-linked, active and passive fund and what else there is. And what does the F in ETF stand for?

That means it is basically correct that I could reduce the interest through the retirement provision if a meaningful balance has already been accumulated at the start of the construction financing?

Yep - I would consider everything from €100k upwards to be reasonable. Since you want to invest in funds/ETFs and not hold cash, the bank would apply high discounts on the current value of the insurance, I would guess around 40%. BUT: You have to save for ages anyway to build up any asset position. Therefore, a new insurance has no value for the bank.

just as an example, if you have a life insurance policy with 60,000.-- and 2 full building savings contracts with 20,000.-- credit each, preferably still with the financing bank, and want to buy an apartment for 150,000.-- and finance 150,000.--, you do not pay the interest rate for a 100% financing with the risk surcharge when pledging. You will probably get the interest rate near that of a 30% financing. Of course, it also depends on other factors. This is often done for rental apartments that are financed 100% without repayment and sold tax-free after 10 years. Since you hardly have any equity despite a "good" salary, this is not an option for you