Follow-up financing experiences. What has this brought upon you?

Cheeky, because this sentence still comes from times of a different interest rate level. 3% for availability is quite a statement. Many are down to 0.15-0.17.

That probably means 3% p.a., which is 0.25% p.m., quite common at the moment.

Of my 12 months, 4 months are now over. It is supposed to start at the beginning of July. For that, my loan is still 0.3% below the current level. If 01/2019 still has around €150k lying around, then so be it.

Life is significantly more relaxed if you consider double rent and availability as unavoidable.

That probably means 3% p.a., which is 0.25% p.m., and is quite common at the moment.

Yes, of course, the p.a. is meant. To see the relation to the interest rate that is normally due for the loan. This should also be clear from the previous posts. Not everyone takes 0.25% anymore.

If you think about it briefly, it quickly becomes clear why the commitment interest rates are currently higher than the loan interest rates: because of the general interest rate level!

If the approved loan is not drawn down, the bank misses out on the regular interest. But the bank has to keep the money available, in other words, deposit it. And for that, banks have to pay negative interest rates, which add to the "lost profit."

At a higher interest rate level, the bank would receive interest on the deposits itself, which would reduce the "lost profit" instead of increasing it further.

If you briefly consider the historical development, it becomes clearer why it is so high: it has "always" been at 3% (as far as I know, for about 20 years) and was simply never adjusted. It is like with overdraft interest rates, which were only reduced after the threat of a legal regulation and the associated public discussion.

That does not exclude each other, does it?

Still don't understand why 3% is considered cheeky in your eyes. Most customers finance around 2%, the 1% is just the garnish. Banks have to keep the money liquid and park it at the ECB at -0.4%. I'd like to see you when there is a negative interest rate on overnight money. The interest income is after all the main source of income for a bank.