Construction financing: Is building a house possible? Please provide an assessment

They don't do that anymore either, it expired in 2018. He probably meant that for the non-KFW part

Then I also wonder whether the second part really has a 20-year fixed interest rate. Sparkassen actually don't do that without building savings contracts over 15 years. We financed through the Volksbank, also fixed for 20 years. We pay an interest rate that is certainly not top, but good. Above all, it was very straightforward. The Sparkasse, with which we have very good connections, would never have done it in that form

They don’t do that anymore either, that ended in 2018. He probably meant that for the non-KFW part

Exactly

...Savings banks actually don't do that without home savings contracts over 15 years....

So we have 20 years fixed interest rate (normal annuity loan) at our savings bank. Without any LBS combinations - even though the savings bank first tried to sell us that differently.

So we have a 20-year fixed interest rate period (standard annuity loan) with our savings bank. Without any LBS combinations - even though the savings bank initially wanted to sell us something different.

That's exactly how we would have gotten it as well, if the purchase of the existing properties had worked out. It was a concrete offer that we had in hand.

Sure, they want to sell their construct first. Before nothing happens at all, they go along with the market.

Then I wonder if the second part really has a 20-year fixed interest period. Savings banks usually don't do that without building society contracts over 15 years.

Yes, definitely, but it varies depending on the savings bank. In the Bremen surrounding area, there was only the building society contract option, with the note that the Bremen savings bank also does it without. In the end, we also ended up at the Volksbank because, for example, the savings bank made a very unprofessional impression when the submitted documents could no longer be found.