I am looking for a good offer for home financing

KfW programs are also offered by other banks. Offer 1 is too expensive, offer 2 has already been explained. Get an intermediary involved. A brief note on renovation: Find a bank here where the payments also work. 80,000 is not nothing (topic invoice template, etc.)

If I sign the contract and it is also approved, they have to pay too, right? Or how should I imagine that?

Yeah, move away from the building savings contracts and look for a regular annuity loan over 15 or 20 years. Then finance part of it through the KFW program. Unfortunately, the savings banks don’t offer something like that and always come up with their building savings contracts....

Hypo, Sparda, Raiffeisen also finance for longer.

In direct sales, many bank representatives have to sell building savings contracts .. unfortunately, the customer's situation is often secondary and the focus is primarily on selling, not optimizing. But what do you expect when you go to a building society, for example. At banks directly, it’s surprising at first glance. On second glance, it becomes clear that they have a building society as a subsidiary or sister company and these products have to be sold. Let's just leave it at that it is vital for a building society to gain new customers. I could explain why now, but that would go beyond the scope.

Through independent brokers, you can also get savings bank loans without building savings solutions. At least that’s how it is here in NRW. And currently, there’s the advantage that KFW funds are treated subordinately like equity (since the beginning of the year approx.). Maybe you just have to tell the bank advisor that you definitely don’t want to conclude a building savings contract to then get a different solution. It would be a real shame if you can only get the desired solutions at the house bank through third parties.

Get an intermediary involved.

They only think about their commissions. Somehow I can't trust anyone anymore nowadays.

Thank you very, very much for your work. A few questions about that 1) I was promised in writing, but nothing official yet, that the installments are as stated, even after 120 months and not a cent more!!! According to your calculation 0.6% of 322,000 euros, so 1,928 euros. According to his calculation 1,500 € with 1.25% after 120 months until the end of repayment. All lies? 2) Another loan advisor, but not a reputable one, told me that the repayment plan as such is completely wrong, would not work, and even accused the Postbank loan advisor of fraudulent intent. It was criticized that after 120 months the minimum savings balance is not reached, so that it is sufficient for allocation. The man from Postbank argues differently and says that BHW does not require a minimum savings balance. Is that so? Whom should I believe? 3) As far as I can read from your text, you prefer full repayment, is that correct? 4) I am not building, I am buying a house in Münsterland

Regarding 1. The repayment plan is worthless. Just take a look at the figures. They refer to the year 2018, even in the calculation of the home savings loan. It would be important to obtain a binding calculation from BHW BSK, which on the one hand reflects the savings process and on the other hand the loan period starting from 2028. That will then also give you certainty that an allocation in the desired amount is actually provided for by the product. Furthermore, the actual effective interest rate will then be shown.

Regarding 2. Yes, it is not consistent. Yes, allocation is questionable due to minimum savings balance and other criteria, i.e. the desired loan amount may not be available at all, but only a part. Believe in God or some other religion and not in advisors. Here you have to rely on the numbers and words in the offer and terms texts!

Regarding 3. Full repayment is one option. Whether it is suitable for you is hard to assess. Independent of your claims and needs, it has the advantage that the payments directly reduce the continuously accruing interest and thus contribute to a further reduction of the total costs. The full repayment product at many banks has the advantage that interest discounts are granted. For example: 2 % repayment fixed for 10 years, 1.6 % p.a., with full repayment you can be about 0.2–0.4 cheaper at some banks. That then applies to different fixed interest periods.

They only think about their commissions. Somehow, I can't trust anyone anymore.

Yes, that's right. Ultimately, however, brokers must also distinguish themselves through added value. A good broker will certainly help, even if only because you then gain a more open view of the entire credit world. (See also my posts here)

So I'm off now. Good luck with comparing and gathering information.