Is a construction financing advisor present?

We visited the banks after we had difficulties with the financial broker: Ing-Diba, Raiffeisenbank, Commerz, Volksbank, and Sparkasse. We also received an offer from Debeka insurance.
We got the best offer from the Commerzbank. It was a tiny fraction better than that of the insurance.

However, we were not under time pressure. The offer price, which is always just before an increase, was still available to us even after two months. It's all a matter of negotiation.

You have basically perverted the advice from your other topic. Instead of buying cheaper or saving up more equity, you are simply artificially lowering the rate by reducing the interest through shorter terms and only paying the minimum principal. In other words: you are just shifting the problem into the (uncertain) future.

I’m keeping my fingers crossed for you!

Edit: To repay 300,000 with 2% principal and a rate of 1100 euros, your interest rate must not exceed 2.39% at worst, and then you will be paying it off over 33 years.

Edit: To repay 300,000 with 2% amortization and an installment of 1100 euros, your interest rate must not exceed 2.39%, and then you will pay it off in 33 years.

So exactly until retirement, if no special repayments are made. That is not uncommon.

Maybe I overlooked it, but age was not mentioned here or in the other "Finanzierungs-Thema"; therefore I don’t know if it will work before retirement. However, it should primarily be interesting whether a bank can be found that agrees to 2.39% over 33 years.

I never wrote anything about the runtime (perhaps you inferred something). A runtime of about 30 years (notably without any special repayments) does not seem unusual to me (I read it quite often). The property would be paid off by the time we retire given our age (without special repayments).

Yes, I derived that. On the one hand from the insight of your other topic, that you can hardly afford the 1,100 euro installment and on the other hand from the 2% repayment you mentioned here at the beginning, which you want (or need because otherwise the annuity becomes unaffordable). Together with the necessary amount, this results in the aforementioned 33 years at 2.39%.

And no, loan terms of 30 years are not "unusual," but that would also be the only way for you to realize the project fairly safely and as desired. You don’t even need to start with offers over 10 or 15 years, because then what I mentioned in the second last post happens: You postpone the problem to the future and then have to refinance the remaining ~200,000 again, possibly under worse conditions (income/interest at that time). That, in turn, would be contradictory if you are already worried about possibly paying too much commitment interest now.