Home Financing - Decision Aid

It is KFW 124 - no special repayment possible. But 0.1% better rate, so why not take it?

I will post both offers here anonymously, so you can probably help me best.

I haven't read everything now, but why the Kfw component? The interest rates are not that much better and there is no option for special repayment.

Please don't spread such half-knowledge all the time. With KfW 153 you can make special repayments as much as you want, even repay it all at once.

In this case, however, the "assumption" was correct. Based on the posted interest rate, it could not be KfW153 but only KFW124, with which no special repayments are possible (except for an early full repayment with prepayment penalty).

It is KFW 124 - no special repayment possible. But 0.1% better rate, so why not take it?

confirmed ;)

The KfW-124 loan is calculated once for a term of 30 years (Offer 1) and once for 35 years (Offer 2). The term according to the KfW homepage is UP TO 35 years. Edit: According to the KfW repayment calculator, this is possible as described above. Then the numbers from the OP or the offer are also correct. Whether this makes sense, I still dare to doubt.

The KfW-124 loan is calculated once for a term of 30 years (Offer 1) and once for 35 years (Offer 2).
Term according to the KfW homepage is UP TO 35 years.

Edit: According to the KfW repayment calculator, this is possible as described above. Then the numbers of the OP or the offer also match. Whether this makes sense, I still dare to doubt.

Would you then rather recommend an annuity loan to me?
I have posted the offers online in post 16.

In this case, however, the "assumption" was correct. Based on the posted interest rate, it could not have been a KfW153 but only the KfW124, where no special repayments are possible (except for an early full repayment with a prepayment penalty).

That's true. I was only concerned with the general statement. You always have to expect that someone only reads KfW and no bedrooms. :)