Is financing a new building feasible?

You are not allowed to advertise yourself here, which I find very unfortunate and have already complained about. Therefore, not much about the topic of why I know this, why my statements are sustainable. So only the informative for everyone, so that a benefit can be gained for all readers:

The F60 says (hence the 60) that you need 60% of the building savings amount as a minimum savings, but Signal works with 100% additional allocation, meaning the building savings amount is 65,000 euros with an outstanding debt of 130,000 euros and you need the 60% savings on that. The payout amount is then 130,000 euros, and based on this your required and made payments are 30%. This also applies to the lower fee, which by the way at DB Bauspar AG is even 1.6% on the building savings amount (usually 1%). At Signal it is also 1.6%, but only on half of the payout amount.

Well, and the other things you know if you are an independent and experienced financing broker. That must be expected. No more on this here.

But you have also listed the banks that one - except for Postbank with its subsidiary DSL Bank up to 90% loan-to-value - really rarely uses when it comes to high loan-to-value ratios.

The Sparda Bank is basically also a good partner bank, but not in the high loan-to-value segment and certainly not for new construction.

Which banks can you recommend for such projects?

Also here, but this is absolutely a coincidence, Signal currently has the best conditions. KfW is to be excluded from the calculation of the loan-to-value ratio. Accordingly, at high loan amounts in loan-to-value ratios for the loan that can be under 60%, KfW 153 or 152 is additionally required. At least, I can exclude the 50,000 euros for program 124, which sometimes brings the loan-to-value ratio below 90% and thus into an acceptable condition range.

Well, I read everywhere (and all banks have said so) that KfW is not excluded in the loan-to-value ratio calculation, so we still end up at 89%. How does this affect the conditions of Signal Iduna?

We also financed with DB. They simply had the best conditions for our desired structure with a building savings contract. All other banks were significantly higher (including the Ing-Diba and Signal, which are constantly promoted by Noelmaxim). Our structure ultimately became six-part. The 2 KfW loans 2 classic loans without special repayment or similar gimmicks - term 10 years 2 BVS for each loan - we made one immediately ready for allocation, the other we are saving now, it will then be ready for allocation in 10 years (or only 9 years). With this, we have security for the large amounts until the end of repayment in 26 years. We left the KfW loans unsecured because they will not keep us awake after 10 years. However, this security costs us the fees of the building savings contract, which we easily recover through the short term of the loans and the associated favorable interest rates. If you are looking for financing, it should be clear to you what you value. More security (with a building savings contract or long term or whatever) or is a low monthly rate crucial (at the cost of security) or do you necessarily want special repayments all the time or are variable repayment rates important?

As you already write, we also place value on the fact that the large loan (205,000) is secured for a long time, the 30,000 EUR residual debt after 10 years with Kfw124 and the 32,000 EUR residual debt after 20 years do not keep us awake at night either.

We have no special repayments in the annuity loan, but only the option to adjust the repayment rate (if Mrs. goes back to work). We then make special payments either into the building savings contract or on the KfW loans. Special payments on the building savings contract make more sense, as with 50% savings the option of a 1% loan interest rate exists.

When and at what interest rates did you finance?