Home financing with interest loan and Riester or without Riester

Variant 1: - Interest loan of 290,000 fixed for 15 years at 1.41% (instead of 1.55) also at the Sparkasse, just a different city. Amount 340.75€ - Building savings contract of 290,000€ at 2.2% Amount 693.00€ => total per month 1034€, after 15 years 1160€

Interest loan where no repayment is made is also possible for over 290,000 euros. That was my basis... just 1100 euros total/month and not 1034 and then 1160.

The idea would be to secure a certain amount with a land charge on our house. This would allow an annuity loan for a higher amount to be granted. Why is all of this so complicated

Interest-only loans where no repayment is made are also possible over 290,000 euros. That was my basis .. just 1100 euros total/month and not 1034 and then 1160.

Hello
Wouldn't an annuity loan be better since repayments are also made there?

Wouldn't an annuity loan be better, since it also amortizes?

Yes, of course, that's why I calculated the installment. You wrote that 290,000 supposedly wouldn't be possible.

Yesterday, an acquaintance of mine was at our place, he works at LBS. He said that it is possible to obtain annuity loans for a higher amount. But for over 100% (mortgage value of the house) compared to what you need as a loan, you have to pay an interest surcharge of 0.2%.
Example:
260,000 = mortgage value
290,000 = loan amount

This means that you are financed over 100%. For example, we could register a land charge for 30,000, then the 0.2 disappears.
Curious, even if I register a land charge that would cover up to 60%, that would only result in an additional 0.05% in the interest rate.

Hello Short update with a new offer Annuitized loan of €290,000 20 years fixed 1.25% effective interest rate Installment €1065 5% special repayment possible Remaining debt after 20 years = €80,000 One would now have 20 years to consider how to finance the remaining debt. Of course, it's better to be proactive a few years earlier. So no Wohnriester, building savings contract, only use KFW program for thermal insulation (windows, roof insulation). What do you think of the general conditions?