How to finance buying a house?

Risk and capital (-LV) are basically two different things. The fact that the risk is included in the capital is only because it is sold as a package. With the capital, you save money. In connection with the mortgage, with a capital, the money is saved up, which is then used for repayment at the end. I generally don’t think much of that. Musketier has already mentioned the most important reason. The risk is dirt cheap and you need it anyway as protection. That is independent of the idea of capital life insurance and that’s what I wanted to get at.

I honestly didn't expect a reply here anymore, but thanks for it anyway. Financing is all settled now. We did it as follows: 10-year terms from the bank plus 10 years from [KFW], in 10 years two building savings contracts will be accumulated, the smaller one covers [Kfw] and is paid off in 5 years, the larger one covers the bank and then runs for 12 years. Everything is secured through term life insurance, this seemed best to us after long consideration. Hope it is that way too ;-)

I hardly want to say it, but remember that after 10 years higher interest payments _may_ come your way. Just be prepared for it.

What do you mean by that now? The interest rate of the building society savings contract is fixed, so no risk.

Have you paid off everything after 10 or 12 years?

As written, we are saving up 2 building savings contracts over ten years, the smaller one for the [Kfw Teil] will be paid off in five years and the larger one in 12 years.