Evaluation of financing options for single-family houses

: Honestly, I didn't understand your two versions at all. Like, what runs for how long and where the fixed interest periods end. But if someone came to me today with 3% interest on credit (but probably not guaranteed), I would really wonder where the catch is.

yes, the 3% thing also makes us suspicious, which is why we tend to go for option 2. The fixed interest rates are 30 years each for the two 300,000 loans and 15 years each for the two 80,000 loans. I have presented the terms as we plan to repay them. It's a bit complicated to show because the smaller loan in both variants should be paid off earlier (to have more flexibility afterwards). We would then pay this repayment amount into the respective 300,000 loans of the two variants.

Why do you commit to 30 years when you assume a maximum of 27? Are the 27 years calculated with the higher rate starting from the 16th year? Are you considering special repayments? I would take a look at the structure with 20 years.

Who made you these offers? Don’t you have a financing offer showing all amounts, interest rates, costs, fixed interest periods, etc.?

Since when do the interest and repayment rates change in an annuity loan offer? Could it be that you are confusing an annuity with a bullet loan, or in option 2 you didn’t mention a redemption home savings contract, if it should be a combined model of an annuity loan with repayment of the remaining debt after the interest period with home savings?

What are these tables supposed to tell us? Why don’t you post the financing offers so that one can even estimate what was offered to you?

We are happy to help, but at least I as an expert cannot understand at all what you were offered, and apparently you may have also presented the offers incorrectly.

I am sorry that I obviously could not convey the data clearly.

Therefore, I am posting here the documents we received as an offer.
Annuitätenmodell:
Password for the documents 18-* is
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Hypothekenmodell:
Password for the documents 12-* is
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However, I find that it is still difficult to understand the situation from these documents. In my opinion, the calculation of the accumulation phase, through which the loan is then repaid (presumably after 27 years of term, whereby the interest is guaranteed for 30 years if less is amortized), is missing from the Hypothekenmodell.

I hope this becomes clearer.

You don’t have to feel sorry about that, rather what you are doing is exactly right, namely questioning these models. It is a life investment and it should fit.

I have problems, also because this forum here is glitchy and very, very slow, downloading the files. Please send them to my email address.

In the first model, I recognized a life insurance policy, that is a disaster model. Maturity payment - you only pay interest - compared to a repayment form that is expensive, has no guaranteed maturity benefit and does not assure whether this company will still exist in 20 years. Google customers who wanted to pay off their house with a life insurance policy 20 years ago to see where they stand today. There you’ll be shaking your head in disbelief. Life insurers have big problems, they will overcome them, but I definitely cannot recommend paying off my house this way.

Please send me the files as mentioned for analysis to my email address.