Interest payments in a building savings contract

Hello everyone,

I took out a home savings loan with Badenia in 2008 (fixed loan "Low rate"). According to the forecast at that time, the allocation was supposed to be made in April 2018. Unfortunately, the model calculation lags behind reality. The scheduled savings amount will now probably not be reached until August 2018. However, I want to achieve the earliest possible allocation.

The existing gap is primarily due to the fact that for a long time I forgot to issue an exemption order, which is why tax was withheld from the home savings interest and a correspondingly lower interest amount flowed into the savings amount. Badenia had offered me annually to fill the gap. Unfortunately, I never took advantage of this offer. Over the years, a considerable sum has accumulated.

According to the contract terms, no special payments are possible during the accumulation phase. Would it still be permissible to pay the total amount of capital gains tax plus solidarity surcharge withheld over the years currently in one lump sum into the home savings account, or could the building society refuse to accept this payment? From my point of view, this is not an unscheduled special payment (the model calculation assumed full interest payments), but the catch-up of scheduled payments.

Thank you very much for your answers.

Call. Talk. They want to prevent the account from being used as an investment. They want to lend money, after all. Tell them I want allocation as soon as possible and then the loan, please allow me a special payment. The advisor will then release a corresponding amount once. That's how it was with my building society too. Karsten

Talking is always good. But I want to get out of this (from today’s perspective much too expensive) contract as quickly as possible. The sooner the allocation, the sooner the exit. That will not be in the interest of the building society.

Ok, you only want the money, no credit. Well, I wonder if they will be lenient about that? You can’t force them to do anything. Karsten