General questions before bank appointment

Specification:
sum x
min. 20 years fixed interest rate
special repayment
a certain annuity over all loans

resulted in:

1/3 KFW (because of a cheaper interest rate than the bank, even without the kfw55 subsidy)
1/3 bank loan
1/3 building society loan

because overall the cheapest interest rate
I would have preferred 2/3 bank loan instead of building society because I like it simple, but it was a better interest rate that way

if the bank offers a cheaper interest rate with the same or better conditions than kfw (including subsidy), I wouldn’t take any loan

Edit:

Und zu welchem Schluss bist du gekommen?

or did you mean the creator? I thought you were asking me....^^

In the cost breakdown of the house, the subsidy was included as a negative item. I was not aware that the conditions without the subsidy are so unattractive. If the financing amount becomes too high, I will initially forgo 40plus. By then, KfW will be out anyway. It all depends on the interest rate now. But I haven't scheduled an appointment yet.

Meant the OP. You can already book the subsidy as a negative item, but if you have to invest 30-40k€ to reach 40 plus and receive 15k€, it is more of a loss-making deal.

45k is the total cost from KFW55 to KFW40Plus. For all 3 residential units. Here I would also receive 45k in funding. Not 15. Nevertheless, it was wrong to plan this as a negative item because this 45000 is now missing in the end. That would only make sense if I had planned with interest rates over 2%. But I didn't. Now these are being used to reduce the interest rate on the 300k KFW loan. (Which also has very good conditions) It still has to be paid in the end. And I don't know if this will all become too much for me.

And I don't know if all of this will be too much for me.

big tip: make yourself an Excel put the conditions there as numbers and make yourself a repayment plan meaning one column shows the outstanding loan amount, at the beginning 300k in a column next to it how much interest accrues for the current month in a column next to it how much you repay in that month in the next column it shows how much you pay in interest + repayment this year in the next column it shows how much you have paid so far (including this month) ever (so the previous column only cumulatively) in the next row is the remaining loan (consisting of previous remaining loan value - the repayment share etc. every row one month in the first two columns you write year and month praise Excel, if you can set everything mentioned above nicely as a formula with protection characters ($ to fix columns/rows), you can now drag the first row down until your remaining loan value <= 0 based on the cumulative column at the bottom right you see what the whole stuff has cost in total in interest and repayment you can now copy the worksheet into another and you can change the conditions e.g. you can also calculate the KFW40plus like this yes, banks also create such repayment plans for you and so does the KFW but you never see everything at a glance and the banks' repayment calculator never matched mine, so I trust my statistics better and by creating the formulas you get a feeling for the dimensions and can also compare different conditions much better with each other if you can't manage the Excel, find someone who can or pay for it or tell the bank to create such a repayment plan for different conditions if you still have concerns or aren't fully aware of the dimensions (e.g. due to a missing complete repayment plan), I wouldn't do it, sounds like a drive into the unknown regarding KFW40+, those houses are also higher quality, higher value, possibly higher rents achievable due to lower energy costs

Just a different question...

If those 45,000€ already hurt you, how come you want to finance 730,000€? Sure, your construction project costs that much. That’s almost double (if you add 50,000€) our construction project and our household income/savings rate is already above average. You can only afford something like that if you’re a department head or self-employed, right?

At least, that’s my assumption.