Financing plan end terrace house

It is outrageous when people count on an inheritance and already "claim it for themselves" (see comment regarding care.): Inheriting comes from dying - that should be clear. But there are so many people who simply count on it - and otherwise couldn't afford the house - but of course, having that in the back of your mind is reassuring. Not everyone is that lucky!

Otherwise: Looks solid, go for it!

That is correct. I am not planning to finance the house partially with inherited funds. But having it as a small security in reserve is not wrong. It is a sad topic, but it is reality. The whole issue was actually just about possibly agreeing on special repayments with the bank for the case of an inheritance. It was pointed out that hardly anyone uses the option of special repayments.

It was noted that hardly anyone uses the option of special repayments.

That is exactly right. If special repayments were used regularly, the monthly installment/repayment could also be increased directly. That would also be more effective.

That is correct. I don't plan to finance the house partially with inherited funds. But having it as a small safety net in the background is not wrong. It's a sad topic, but it's simply reality. The whole issue was actually just about possibly agreeing on special repayments with the bank in the event of an inheritance. It was noted that hardly anyone takes advantage of the possibility of special repayments.

But you are a bit wrong there. If you have already inherited, of course you can do whatever you want with the money you inherited. Build three times or go big once, etc. Whatever you like.

What you are doing: expecting death. You are mentally already considering money that belongs to others, that they earned and that serves as their retirement provision.
Let's keep it short:
My parents have a house that they could certainly sell someday for 400,000. In my opinion, they should please buy into a residence on the Baltic Sea for 150,000, leaving 250,000, so 125,000 each. Unfortunately, that will not last 10 years for both. Do you think I waste a single thought on the idea that I will see any of that? Even if my dad always says so???
Since I am also considerably older than you, and my parents therefore as well, I wonder what you want to count on there—even plan into a financing?

By the way, I find it rude when someone suddenly switches to formal address to distance themselves after having received a lot of input ;)

But you’re somewhat wrong there. If you’ve already inherited, of course you can do whatever you want with the money inheritance. Build three times or once on a big scale, whatever you want.

What you’re doing: anticipating death. You’re mentally already considering money that belongs to others, that they have earned and that serves as their retirement provision.
Let’s make it short:
My parents have a house, which they could certainly sell someday for 400,000. In my opinion, they should buy into a residence at the Baltic Sea for 150,000, leaving 250,000, so 125,000 each. Unfortunately, that won’t last 10 years for both. Do you think I waste a single thought on the idea of seeing something from that? Even if my dad always says that???
Since I am also quite a bit older than you, and so are my parents, I wonder what you want to calculate there— even planning it into financing?

By the way, I find it rude when someone suddenly starts using formal “Sie” to distance themselves after having received a lot of input ;)

The person I addressed formally hadn’t contributed anything beforehand but only interfered in private matters.

Do you think I’m planning the money? I just want to have the option of an extra repayment just in case. I always think better to have it than to need it and not have it.

If I don’t need the extra repayment, okay. If I do, at least I have the option.

This really shouldn’t become such a big issue now. It was merely about whether to include the option of extra repayment because it might be needed. The alternative would be possibly an inheritance with which I can’t make any extra repayments.

Or am I completely wrong now or is the line of thought strange? Shouldn’t one be prepared for all eventualities?

But you are a bit wrong there. If you have already inherited, of course you can do whatever you want with the money inheritance. Build three times or once big, etc. As you like.

What you are doing: expecting death. You are already mentally considering money that belongs to others, that they have earned and that serves as their retirement provision.
Let's make it short:
My parents have a house, which they could probably sell for 400,000 someday. In my opinion, they should please buy into a residence on the Baltic Sea for 150,000, leaving 250,000, so 125,000 each. Unfortunately, that will not last 10 years for both. Do you think I waste even a thought on the idea that I might see something from it? Even if my dad always says so???
Since I am also quite a bit older than you, and consequently my parents as well, I wonder what you want to count on there – even including financing?

By the way, I find it rude when someone suddenly starts using formal address to distance themselves after receiving a lot of input ;)

I don't find it rude. Nobody should interfere in child-rearing.

Or am I seeing this completely wrong or is the line of thought strange? Shouldn't you be prepared for all eventualities?

A special repayment is only possible annually up to, say, 5% of the financing amount. Everything else becomes more expensive. If you receive, for example, variable dividend payments in large corporations, these could then serve as special repayments. Many plan to use their 13th salary, which, however, doesn't work out if the 13th salary is supposed to be used for other things as well, e.g., for the children's Christmas presents, the "you-deserve-this-purchase" or other things, e.g., the material for the terrace as own work, the garden layout, or the new fridge, washing machine, etc. The special repayment is not exactly a building block of a "I-make-my-financing-how-it-suits-me" but an offer from the bank, and every component costs something somewhere. You can see for yourself: the 5% special repayment is already common. But when looking back, I see that you intend exactly that. I find the interest rate adjustment really more interesting: if your salary should actually increase, i.e. a permanent increase, then you could go from the small 2.xy% to 6% or so.