Flexible repayment amount - fixed interest rate

Hello everyone,

I have already tried searching here but did not find any topic that helped me. I am an absolute beginner here – also regarding our house purchase. I actually have only one question. Is it possible to change the repayment amount during the "Zinsfestschreibung" period? Specifically, I mean, can I start with 2% and then reduce it to 1% and then increase it again to 3%? We recently had an appointment with the financial advisor and he said that this works without problems. Is this a special condition that the advisor can offer us, or is it also possibly available directly from the bank (for example PSD Bank)?

I hope I have expressed myself clearly enough as a layperson so that it is understood. I would be very grateful for your opinion.

Hello Storch,

the change of the repayment rate during the ongoing fixed interest period is not standard at most banks and must be agreed upon separately (and also fixed in the loan agreement).

Some banks offer a standard twice repayment change during the fixed interest period without charging interest surcharges.

So: Please make sure to include a corresponding agreement when concluding your construction financing!

Best regards
M. Thiemann

An alternative in this regard would be a "normal" annuity loan with 1% repayment and your possible jumps through special repayments. (Sometimes yes, sometimes no, sometimes more, sometimes less)