kati1337
2022-05-09 07:37:44
- #1
Then the principal loan would not have been paid off that much in interest period 1. That’s exactly why I’m asking, because I find your Excel excerpt somewhat unclear. Thanks for the information.
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.