Error in financing?

Allianz or? We had Signal. However, they review more strictly.

That's why you have 5 years more interest rate certainty.

With his probably bullet loan with TA / building savings contract construction, he has 30 years of interest rate certainty. He doesn't have just 15 years...

With his probably bullet loan m. TA / home savings contract construction, he has 30 years of interest rate security. He has not just 15 years...

Well, as always, a calculation example. The home savings contract that is saved must be included in a TA as a special repayment and of course must be paid.

Safety costs money. It always has and probably always will.

So, just spoke with the lady and clarified everything, and it’s almost as I suspected.

Modules II and III are both building savings contracts – so the installments would generally have to be increased after 15 years in order to be finished within 30 years in total.

However, with both modules, after 15 years you get an option for 2.35%, which of course you don’t have to take if it generally gets cheaper then. They are only split up because Module II still has the better interest rate of 1.35%, due to the cooperation with the house company, which is not the regular branch interest rate.

Now I just have to do the calculations again. If you don’t repay directly with both, but only save, then you pay more interest in those 15 years because the total amount doesn’t decrease, meaning more remains outstanding, compared to if repayment were made directly, right?

Then it maybe doesn’t sound so good anymore, and that’s also what is criticized about a building savings contract? On the other hand, secured interest rates of max. 2.35% for 30 years isn’t a bad rate either.

How do you evaluate this "new" information?

so, just spoke with the lady and clarified everything, almost as I suspected.

Modules II and III are both home savings contracts - so the installments would generally have to be increased over 15 years to be finished completely in 30 years.

However, with both modules, after 15 years you have an option for 2.35%, which of course you don’t have to take if it’s generally cheaper then. They are only split because Module II still has the better interest rate of 1.35%, due to the cooperation with the house company; that is not the usual branch rate.

Now I just have to recalculate. If you don’t repay immediately in both but just save, then you pay more interest in the 15 years because the total amount does not go down, i.e., more remains outstanding than if you would normally repay immediately, right?

Then that might not sound so good anymore, and that is also what is criticized about a home savings contract? On the other hand, secured interest rates of a maximum of 2.35% for 30 years is not a bad value either.

How do you evaluate this "new" information?

go ahead, account managers

fill your Excel with numbers

personally, that many modules would be too much for me. Be that as it may. With the home savings contract, you have a termination fee you have to consider, possibly capital gains tax on the interest of the saved home savings contract. I guess a classic annuity loan with a long fixed interest period and special repayments is better