House purchase and house construction - What can we afford

Because I explain the purpose of a building savings contract, am I immediately a representative? What are you? A Strucki? Your numbers that you throw around as well as your claims are simply wrong, that's just how it is. And what is a TA supposed to be anyway???

Oh dear. You are not a representative, you really have no idea about the subject. A TA is a loan with deferred repayment (hence the TA) combined with a home savings contract. Sounds great, but in practice, you first pay a closing fee, then you save for 12-14 years in a home savings contract at near-zero interest rates, while your significantly more expensive loan runs without repayment and you accordingly pay interest (keyword negative interest rate differential business). And when the home savings contract is eventually almost half filled, you get the promised interest on the remaining debt. Unfortunately, this now doesn’t even benefit you half as much as you initially thought... PS: if you don’t like my numbers, bring your own. Please supported somewhere, because I could not quickly find typical loan interest rates for home savings contracts for 2013 or 2008...

I do not know the abbreviation TA because no one uses it that way in practice. TBV is a common abbreviation, but I have never heard TA in over 20 years. It is ridiculous to conclude from that that I have no idea. You have made dubious comparisons and calculations in almost every one of your posts; why should I provide you with more facts if you ignore or distort them? But that's okay, go ahead and continue spreading your false worldview, I am out at this point.

I don't know the abbreviation TA because no one uses it like that in practice. TBV is a common abbreviation, but I have never heard TA in over 20 years. Deriving from that that I have no idea is ridiculous.

If you don't know TA, a) you have no idea because you don't work in the financial industry or b) you are so confined by the LBS framework that you never managed to look beyond your own nose. TBV is an abbreviation used exclusively there. I haven't come across it outside the bank in decades. TA has been THE term for a repayment suspension loan for many decades. It is used among others by the largest building society in Germany, comparison portals, trade press (up to Handelsblatt), all Volksbanken in Germany, and so on. Therefore, based on your professionally limited horizon, I would also hold the opinion that you have little idea. Sorry, but you just shot yourself in the foot.

Are the interest rates at 5%? No, a user just recently closed a 30-year contract at 4.5%. I know there are others, but a follow-up financing has a favorable loan-to-value ratio and we cannot compare that with the 105% financing. If a TA is not worthwhile even under those conditions, how should it be with significantly higher interest rates for the interim financing? And to be fair, one would have to compare it with an annuity loan with a long term. Those who took 20 or 30 years back then can also manage the full repayment. But without also giving a lot of money away to the BSK on the side.

Sorry, but you just shot yourself in the foot.

But only recognizable to someone with expertise. For me (without extended expertise) the moment even came earlier:

You referenced dubious comparisons and calculations in almost every one of your posts, why should I provide you with more facts if you ignore or distort them?

This is a classic rhetorical pattern that I know from completely different discussions, where I am well positioned technically. - evaluative adjectives without evidence (“dubious,” without giving an example) - refusal to provide requested data (“the others won’t check it anyway…”) - assumption of ill intent, without initially assuming a misunderstanding as the null hypothesis and countering it properly with numbers I recall how about a year ago I myself discussed a building savings contract here, learned something in the process, and eventually let it go. Because expertise doesn’t come overnight, but I can do the calculations myself anytime.