Fixed interest rate for the entire term or only 10 years?

  • Erstellt am 2019-12-12 22:20:51

Johanneslisa

2019-12-13 14:01:09
  • #1
Sorry, €450 was wrong. €592 remain. The bank advisor then calculated over 25 years. Then it works, and if the interest rate rises to 4%, it would only be an additional €250 per month. That would also be no problem.
 

Altai

2019-12-13 14:06:21
  • #2
It's the same as at the beginning, you pay off €932/month over 20 years (€223,800) and the remaining debt still only decreases by €110,000. Answer: that's what it says there. And... regarding the comparison of full repayment borrower/deferred repayment loan, I cannot believe that the full repayment borrower is supposed to be more expensive. How should that work with the numbers mentioned? I haven't compared it with the home savings contract at all.

I stick to it, all constructions where you don't repay, instead save money at zero interest, and at the same time pay interest on the full loan amount – should be critically questioned!!!
 

Johanneslisa

2019-12-13 14:27:07
  • #3
If I calculate €480,000 with a monthly €932 in an annuity loan at an effective interest rate of 1.35%, I come, like the Allianz, to a remaining debt of €370,000. What do you get? I also cannot believe it but it is so.
 

Altai

2019-12-13 14:28:43
  • #4

In my opinion, it said that €932 were for the repayment per month, not as the total installment.
If the annuity is indeed €932, then it would be only 1% repayment and then it is of course correct.
 

Johanneslisa

2019-12-13 14:36:51
  • #5
Ok then I used the wrong term. Of course, an installment of €932 per month. Sorry
 

kbt09

2019-12-13 16:54:46
  • #6

But you can't calculate that ... if I interpret correctly, you could currently afford about 13 to 1500 euros total payment/month. And you must then of course apply this amount to the repayment of 480,000 euros.
 

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