Fundamental questions about financing

Isn't this a clear case of an unlawful tying arrangement?

Are tying arrangements unlawful? Did I miss something?

Good morning,

I miss Rumpelkopf... But apparently the forum mediator here can’t close a deal.

The interest rate under the conditions, frankly cheeky... And yes, with a monthly annuity, the nominal and effective interest rate is marginally higher. Briefly about the property. Is the local savings bank only a broker/marketer or also the owner?

It’s annoying that such dependencies arise, one could also complain to the municipality if the savings bank only markets. However, it is so that the savings bank quite likes to subsidize club life and this activity is tolerated. Good tip, I found to sign up for 5 years. However, you don’t know where the trend will be in 5 years with refinancing. Possibly sign up for a building savings contract in parallel there

Unacceptable, again and again these provocations and barbs!

HilfeHilfe, do you think peace will come this way? Do you want to maintain this unbearable situation? Yes? Do you think this theater here is because of me?

If I am unwanted, then so are you, and I absolutely cannot see where you get the confidence that I don’t belong here, although I follow the rules, while you constantly provoke and quarrel!

There would be peace immediately if I were ignored, but no, you make a fuss one after another!

Leave me alone, and you will see how quickly peace returns here and only professionalism remains!!

You are really extremely annoying with your always the same tune.

The seller is dictating here.. I fear you will not receive anything in writing either

In the annuity payment, the interest portion decreases monthly, meaning the interest is always calculated only on the current outstanding debt, while the repayment portion increases.

Since in Germany the interest is calculated monthly in arrears, but the effective interest rate is given per annum according to the Price Indication Regulation, there is always a difference between the nominal and effective interest rate, even if no additional payments other than the interest and repayment rate are made.

Regarding the other matter: Does the bank openly communicate the rejection of the sale of the plot from own funds, that the purchase is only possible if the financing of the house is also included, or is it openly communicated that the plot will only be sold to you if the overall financing is done at the selling bank?

If yes, is this communicated in writing or orally and above all, is this exactly stated in the sales prospectus? Is it also advertised that way?

Basically, it is difficult because the bank cannot be dictated to whom it must sell the plot, and even if there were legal concerns, unfortunately, without taking up the financing from the selling bank, you will not get your plot.