Financing option - Which one is better?

Can you tell me what you want, the payments, remaining 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 remaining debt do you have and when are you actually finished?

Hello emer,
I’ll try to explain very simply how the payment process works:

Year 1-10 = 1,080.00
L-Bank 247.62
Building savings contract - savings 80.00
Fuchs 383.34
Loan 369.04

Year 11-16 = 1,007.38
Building savings contract - savings 255.00
Fuchs 383.34
Loan 369.04

Year 17-26 = 995.04
Fuchs 626.00
Loan 369.04

Year 26 - end Loan (remaining debt WITHOUT special repayments after 25 years ~70,000,-
Special repayments are planned by us in the first 5 years, so the remaining debt decreases to around 40,000,- after 25 years.
From year 26 on, the entire amount will be paid towards the loan

And if a reduction of the monthly installment is necessary, the regular loan repayment can be reduced (I know this will extend the term again). But with this option we still have relatively high interest rate security with "reasonable" flexibility – OR NOT ???

Thanks to you all for any suggestions.

How far do you want to lower the repayment with €55,000 and already just a little over 0.5% repayment? You save a few euros, Viezig. Who convinced you of this flexibility? And how can a €55,000 loan have a residual debt of €70,000 after 25 years?

If you plan to lower the installments for one of the many building savings contracts, maybe it’s possible, but then you won’t get it allocation-ready within the calculated time.

Where are your fees? They always exist with BVS.
Total costs? How much money are you getting from whom now? I am making less and less sense of this.

Just do it completely.

Please :)

How much do you want to reduce the repayment on €55,000, which already has a repayment of just over 0.5%? You’ll save a few euros, sure. Who convinced you of this flexibility? And how can a €55,000 loan have an outstanding balance of €70,000 after 25 years?

If you intend to reduce the installments on one of the many building savings contracts, that might be possible, but then it won't be ready for allocation within the calculated time.

Where are your fees stated? There are always fees with BVS.
Total costs? How much money are you getting from whom now? I’m getting more and more confused.

Just do it completely.

Please note my post 15. The normal loan is €105,000 with an initial repayment of 0.87%. Should I summarize the data for you again?
The closing fees are always already included, so no additional costs arise.

Well, first of all, I don't see it through rose-colored glasses. And to prevent misunderstandings, I am not resistant to advice either. We could also pay about 1,200 monthly, but we do not want to.

We also have a model with [L-Bank] and a pure annuity loan. We could certainly reduce this from the current 1,190 to a maximum of 1,100.

I therefore wanted to know the opinion on both variants. Investments from 2015 and 2018 totaling about 13,000 will mature; these are planned for special repayment, for example. Of course, I keep in mind that the 2-year-old car will have to be replaced at some point, and maybe 1 child - or even 2 children - will come. I am not naïvely approaching the topic.

However, I do not want to start a fundamental discussion now, just to learn the opinion on the two variants posted or to get tips for other considerations.

We have 3 offers available. Offer 1 ([L-Bank] 50k, Fuchs 100k, loan 105k) and offer 2 ([L-Bank] 50k, loan 50k, loan 150k) I have already posted. Variant 3 was not an option (comes from another regionally active bank with a white S on a red background); here the plan was such that [L-Bank] 50k, loan 50k and building savings contract 150k were already too bad regarding interest. Thus, the rate and costs were too high compared to the other two.

And, I really take every tip seriously and think carefully about it ;-) - so really thanks for that.

So you only obtained offers from two banks. Maybe a little too few?!

Question to everyone: Is it conceivable that the bank "discounts" an offer without a [Bausparvertrag] in order to sell a [Bausparvertrag]? Maybe just ask directly for a classic loan... .

How flexible are the loans without a [Bausparvertrag] regarding the amount of repayment, special repayments (which you do calculate), and changes in repayment? I've been playing around with Excel again. ;)