Home Security/Asset Savings Plan

I assume that the advisor wanted to pocket a little commission from the financing. But trying to sell this to you as a "must" is neither very professional nor really sensible.

In our private financial plan (in our Excel sheet), from the move into the new house onwards, we have set a monthly savings rate that we plan to use for maintenance and repairs of the house. We initially set 250€ per month. After 2-3 years, when our financial situation has relaxed even more, we want to increase the savings amount for this a bit.

Home security is the payment of the installments, what remains you save.
If there are 10 installments saved in the account, you sleep better, if there are 100 installments, you have completed the wealth saving plan.
And you are not forced to follow a payment plan
Regards Nida

We were told during the financing process that you >have to< conclude something like this

I wouldn't sign any financing with that place. Anyone who tries to pull a fast one on me already loses all credibility during the consultation. Who knows what else is hidden in the fine print.

I get the feeling that it is more about maximizing the commission than finding the best offer. Compare it with another broker, it just has to be an online comparison portal.

You punish such scumbags of consultants by signing the loan agreement as well as your savings plan with the finest smile. Just before the cancellation period expires, you then cancel the latter. Because it must not be linked to the loan agreement at all. By then he has already budgeted/wasted his commission and is doubly annoyed that he will not receive it.