"Construction project with a 'special' initial situation"

Usually, a "normal" annuity loan is also taken out there.

If you know exactly when you will build in the future, you can also choose an interest rate fix period of one or two years if a variable loan is too "uncertain" for you. However, repayment before this fixed period would then cost you a corresponding early repayment penalty, if the bank even agrees.

However, at the moment hardly anyone in the financial sector is expecting drastically rising interest rates in the next two years.

what still keeps running through my mind is the topic of renting out. the rent to be charged is definitely higher than the loan burden we have to bear

and..if we are one hundred percent sure that the bank financing the land will also finance the house in 1 or 2 years, what is the situation then?

That may be true that the bank will also finance the house - but in any case under the terms of the bank to which you will then be bound.

what is still haunting my mind is the topic of renting out. the rent to be charged is definitely higher than the loan burden we have to bear

Rent out the new house then?

Never ever - I have already seen too much that can go wrong when renting out. I had not only one case in my customer base where the landlord went financially under due to an insolvent or, even worse, unwilling to pay tenant...

no not the new one. my current house

Hmm, yes, the consideration is rather justifiable. Is the "old" house still encumbered with a loan? Then presumably even the interest on the loan could still be credited as tax-deductible - it is best to consult a tax advisor for this.

yes, there is still about €98,000 outstanding on my current house (which I want to move out of)

now I am exploring all possibilities to smartly and financially safely get out of the house and build/buy another one

renting is also a topic here. the loan burden for the house is about €650 per month, a cold rent is usually around €950 or more in the area

I have not yet considered the risks of renting....

the selling price for the house is about €220,000, so a possible net profit of about €100,000 if additional costs are covered

everything is quite confusing when you are a "layman"