First financing offer

Hello,

I would simply calculate the total costs (interest + possible fees) that I have to pay for the different terms:
A) It is simple for the full repayment borrower (loan over 15 or 20 years, possibly with a building savings contract): Here the interest payments or total costs should be stated in the offer.
B) For 5 years or 10 years term it is complicated. For the agreed term the interest (total costs) are stated in the offer, thereafter you need an assumption about the interest rate in 5 or 10 years and your probable remaining term.

The best is to simply calculate different scenarios in Excel and compare with the full repayment borrower.

Best regards!
Marvinius2016

Hello,

I did that months ago, see also my posts on page 2.
Unfortunately, that was not my question at all.

Best regards

Can no one say anything about the development in the past 3 months? There are bankers among us here as well.

Thanks and best regards

Exactly three months ago, the refinancing costs (if I look at the swap-mid rate and the liquidity costs) for banks in the 10-30 year range were about 4-5 points above the current rates.

In short: Nothing has changed.

Thank you very much. Is this internal knowledge or can these points be viewed by anyone (if yes, where)? Then I could track the development myself in the future. Thanks and best regards.

You can follow the sentences yourself, just google Swap Mitte. There are then some suitable pages (DG Hyp, Helaba etc.), although many of the details end at 10 years, this is sufficient to recognize a trend.