Evaluation of our 120% financing

Pretty off-topic discussion. To each their own!
Which was the last post on the actual topic?

Yours certainly wasn't.

I'm only reading this now:
There are supposed to be people who eat with enjoyment and not just calculating the vitamins

I wonder why people are always accused of something like that? Why always just black and white?
I totally love sauerkraut! And it is native and regional (partly even self-grown and self-fermented). It is healthy AND I just simply like the taste very much!
So I don't understand why both shouldn't be possible. Vitamin supply + enjoyment. Just because someone might not like the taste themselves, doesn't mean they can deny others the enjoyment they experience.

Regarding the separate thread about our garden... I can gladly do that sometime when I have some time.
At the moment I have to take care of the commissioning of our new photovoltaic system and the related administrative stuff. Of course secondary to all the family Christmas bustle.

Again on the question of the OP
I said that you should include the renovation costs in the financing.

I have another question about that:
This is exclusively about material costs. The work would be carried out together with my mother’s partner (carpenter).
Do I then have to submit the receipts for the materials to the bank to prove that the money was used for that? In the end, it won’t be 100% exact. Can/must I just return the rest?
It’s only about roughly 5000 EUR in total.

Very likely not. When doing the calculation for the bank, you write: Floor coverings in EL, materials and labor 10,000€. Kitchen 10,000, bathroom renovation 10,000... this is added to the purchase price. It is not about financing only one purchase price, but all costs that need to be financed for acquiring the apartment and moving in. They hesitate with furniture. That is enough, but you also have to make this calculation comprehensible. Best to ask the bank. Each one is different.

Very likely not. When doing the calculation for the bank, you write: floor coverings in EL, materials and tools €10,000.
Kitchen €10,000, bathroom renovation €10,000... this is added to the purchase price. It is not about financing only the purchase price, but all costs that need to be financed for acquiring the apartment and moving in. They hesitate with furniture.

That's correct. And a kitchen almost always counts as "furniture" for the banks. So leave it out.

So, we have now received the draft for the loan agreement, which is to be signed in two weeks. The conditions have improved again:

243,000 EUR via bank: 1.32% effective annual interest rate (previously 1.65%), fixed interest period 15 years, installment 822 EUR, remaining debt: 134,348 EUR
100,000 EUR via KFW: nominal interest rate 0.98% effective annual interest rate (previously 0.88%), fixed interest period 10 years, installment 1st year 79 EUR, from 2nd year 388 EUR, remaining debt: 65,142 EUR

Monthly installments:
1st year: 934 EUR
2nd year: 1243 EUR

Term: 30 years
5% special repayment per year possible.