Financing comparison - Now it's getting serious

when was that? I had similar experiences to yours with ING 6 years ago, but completely different experiences 14 months ago (computer decides, people cannot provide information. System is a black box).

That was about 10 weeks ago.

Then I am even more pissed off at ING now. Of course we would have called there as well. With the result described above. Pure arbitrariness!

ING was the best offer for us among all the intermediaries involved. Then ING significantly improved the offer again in direct contact. Presumably, this was then without intermediary commission. The regional banks, with which we would also have liked to work together (Sparkassen, Volksbanken in the Berlin/Brandenburg area), were all (in some cases significantly) worse.

I have had the same experience. And it doesn't matter whether you've been a customer for 10 years or not...

I am currently leaning towards MBS and a 10-year fixed interest period. After 10 years, the remaining debt should be around €300k and the value of the property at least double that amount.

For someone who usually talks so much about "I'm all about security," I find your unrealized capital gains and the short fixed interest period pretty risky. In ten years, the large baby boomer generation will be moving out of the population pyramid. And this generation is huge compared to today – having lived in a golden age and acquired a lot of real estate. The 10-year-old "no-longer-new builds" will then be competing with these plots in the middle of nowhere. Will there be another 10 years of boom after that? I would secure the long term to avoid adding even more risk.

For someone who always talks so much about "I'm all for security," I find your unrealized book gains and the short interest rate lock-in quite risky. In ten years, the large baby boomer generation will phase out of the population tree. And this generation is huge compared to today - having lived in a golden age and acquired a lot of real estate. These properties will then compete with the 10-year-old "no-longer-new buildings" in the middle of nowhere. Will there be another 10 years of boom? I would secure the long term to avoid adding even more risk.

There is no 20-year option at MBS. That’s why I want to look at the conditions for 10 years. I would prefer 20 years, but not at any price.

What’s wrong with the book gains? The fact that the land increased by 150% at the BRW and almost 1,000% in market value in 3.5 years is just a fact and is related to the Berliners. Since a lot of construction is happening here (schools, daycare centers, trains will soon run every 30 minutes to Berlin instead of every hour), it’s good for the land price. And it will continue to develop over the next 10 years, as Berliners keep looking further away from Berlin for real estate.