Financing option - Which one is better?

Damn, I forgot the "freeing" rate of the L-Bank. Then it obviously looks different. But is it equally taken into account with the regular loan?

Well ... with the special repayments, €33,600 remain outstanding, if we stick to the €1,080 installment, it takes at least 3 years until it is paid off. So 28 years, like the normal annuity loan (+ KfW?).

Are the special repayments also taken into account in the "loan only (+ KfW)" option? Do you have an offer for this? Then please share the conditions. Only then can the new proposal be assessed

Hello backbone23,
I have the offer at home. I will post the data here tomorrow morning.
Thanks already for your help and effort.

Good morning backbone23,

here again the option without building savings contract:

1. L-Bank €50,000 / interest 1.30% / repayment 4.64% / monthly rate €247.62 / balance after 10 years €27,848.46
2. Loan €50,000 / interest 2.60%, fixed for 10 years / initial repayment 5.32% / monthly rate €330 / special repayment 2015 €6,000 & 2018 €7,500 / balance after 10 years €3,430.10
3. Loan €150,000 / interest 3.40%, fixed for 25 years / initial repayment 1.50% / monthly rate €612.50 / balance after 25 years €66,695.15

= monthly €1,190.12 (is definitely too high for us!!!) / balance on all 3 items / positive is the flexibility

(also applies here: in the years 2014, 2016 and 2017 special repayments are planned as in the post on page 3)

Well, not exactly thrilling. And I just see that was already on page 1. Sorry. :rolleyes:

If the rate is too high, it doesn't fit anyway.

But the offers are from the same bank, right?

Can you tell me what you want, the payments, outstanding debts, periods, commitments are as opaque as the many "colorful" numbers themselves.

When do you pay what at which interest rate and which repayment and what outstanding debt do you have and when are you actually finished?

I only see a jumble of numbers with euros and years.

What replaces what and when under which conditions? Does the banker himself still understand this? When do you pay which fees for what and how high are they?

How is something that on one side ONLY pays interest and on the other side constantly saves the same amount supposed to be cheaper than something that is REPAID IMMEDIATELY?

And God forbid if you ever get into a situation where you can't pay as agreed "today." The structure is so inflexible that they take your house away faster than you can count to three.

Well, not exactly thrilling. And I just see that was already on page 1. Sorry. :rolleyes:

If the rate is too high, it doesn't fit anyway.

But the offers are from the same bank, right?

Yes, both versions are from the bank with the white letter in the blue logo.