Financing decision experiences

  • Erstellt am 2022-04-16 17:22:25

kati1337

2022-05-09 07:37:44
  • #1


In the building savings contract variant, there is no "period 2" in my calculation because the total costs can already be calculated up to being debt-free. Only with the annuity loan do I have a period 2 where I have recalculated with different interest rates, since the remaining debt is not secured there. The remaining debt is zero there, but mathematically only after 32 years. However, since from year 15 onwards one is in the building savings loan phase, arbitrary extra repayments can be made from then on.

Edit: In the building savings model, the costs in period 1 correspond roughly to the total costs. With the annuity loan, you have to take the total costs of the first 20 years and add the costs from period 2 (depending on interest) to achieve comparability.
 

Gelbwoschdd

2022-05-09 12:08:09
  • #2

By the way, would you actually have gotten the building savings contract for the entire amount?
With us, this was only possible for 60% of the total loan amount; we had to finance the rest through the bank.
 

kati1337

2022-05-09 16:15:05
  • #3


With an offer via an intermediary, yes. But the interest conditions were not that great, the building savings loan was at 2.35, I believe. With BSH we would have had 1.55% for the building savings loan, but it was like with you, that would only have been possible up to a certain value X, the rest we would have had to finance otherwise.

We are now doing a hybrid model, I think. We have a 20-year annuity loan and will probably additionally take out a building savings contract with BSH in the near future. We do not know the exact amount yet, we are still calculating. The plan is to secure the remaining debt after 20 years through the additional saving in this building savings contract by regularly paying into it, and at the same time reduce the remaining debt of the annuity loan as much as possible through special repayments. So that after 20 years we have as manageable a remaining debt as possible (ideally: none), which is not yet secured with interest.
 

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