timolino
2009-12-14 20:38:12
- #1
Hello, I am currently considering how to structure my financing.
My total financing amount is €231,000.
I have the option to finance the entire €231,000 over 15 years at 4.07%.
Is it even worthwhile, considering the shorter fixed interest period, to split the loan and take €91,000 from the KfW at 3.7%? The fixed interest period here would be 10 years.
Mathematically, it is of course worthwhile, but the chance that the KfW interest rate will be below 4% in 10 years is relatively low.
What is your opinion?
Regards, Timo
My total financing amount is €231,000.
I have the option to finance the entire €231,000 over 15 years at 4.07%.
Is it even worthwhile, considering the shorter fixed interest period, to split the loan and take €91,000 from the KfW at 3.7%? The fixed interest period here would be 10 years.
Mathematically, it is of course worthwhile, but the chance that the KfW interest rate will be below 4% in 10 years is relatively low.
What is your opinion?
Regards, Timo