Continue the Bausparvertrag Classig Young from 2009?

  • Erstellt am 2018-03-11 12:21:47

DavyLyon

2018-03-11 12:21:47
  • #1
Good morning :)

My parents took out a Classig Young home savings contract with the Sparkasse in 2009 with a savings sum of €10,000. Currently, about €1,200 is saved on it. At some point, they simply stopped saving, so now I have a question. Since I plan to build/buy something soon, I wonder whether I should continue it. I have an appointment at the Sparkasse next week, and before I get misled by them, I wanted to hear some objective opinions. In a brief conversation, it was already said that I should better terminate it and start a new one, which I do not fully understand.

The home savings contract has a credit interest rate of 1.5% p.a., a savings sum of €10,000, currently saved up to €1,200, and a valuation number of 48.054.

And I also have a second question. Since I see the purchase/build relatively soon and not in 5 years or more, I would be interested to know if there is a cap. Up to how much one may pay in per month. I have in Erin
 

seat88

2018-03-11 12:46:30
  • #2
Haven't you asked the same thing before?
 

andreashm

2018-04-05 16:07:50
  • #3
Of course, he advises taking out a new contract. First, you then pay a new closing fee and receive (significantly) less credit interest. Otherwise: Read the contract details carefully. It used to be common that the closing fee was refunded and a bonus interest was paid out if you let the contract mature and, upon acceptance of allocation, irrevocably waived the loan. Whether this applies to your old darling, you would have to check.
 

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