Is that OK? Compare financing offers! Thank you!

@f-pNo: You can pack the Excel file into a ZIP file and then attach it

@f-pNo: You can put the Excel file into a ZIP file and then attach it

Well, I gave it a try - the first time I have used 7Zip. I hope it can be opened too. :confused:

@f-pNO: Attempt successful. Can extract the ZIP file and work with the Excel file. Nice!

Since I am reluctant to claim something without providing proof, I recalculated Offer 2 (see attached Excel sheet). Although I calculated with annual installments (with monthly payments, due to the reverse compound interest effect, you pay a little more).

I usually like to recalculate with Excel as well, but that was clearly too many components for me and the numbers too confusing. Besides, I suspect that the Riester loan is not an annuity loan, so further information would be missing for the calculation.

Besides, I suspect that the Riester loan is not an annuity loan, so further information would be missing for the calculation.

That’s why I only calculated Offer 2 from the financial advisor. :) As I said – I don’t know enough about Wohn-Riester.

There were several components, but only the necessary information. Since all the data was written consecutively, it looked very confusing. :(
I calculated it because I had this suspicion. :confused: Such things don’t let me rest – I get annoyed by advisors like that. Although here I rather think that some component is missing or changes after the interest rate lock-in period ends.
Well – and in the evening, while watching "The Voice of Germany," I didn’t really have anything better to do (you can just let the music wash over you). That will probably change when our construction really gets underway next year.

Hi everyone, and thanks for the detailed help. Also regarding the recalculations. At the moment, I'm still pondering a bit about what would be the most suitable. I would finance €76,000 bank loan with a 1% repayment rate (for the rental portion), therefore depreciable with a longer term, but not over 50 years?! Kfw 124 with €50,000 because of the conditions. And now the remaining €81,000, how to best distribute it? My question still is whether the repayment deferral loan is worthwhile/does it pay off at all.

I would finance the €76,000 with a repayment deferral loan, because then the full interest amount is always depreciable. I would leave out KFW 124 and finance the rest fixed for 15 years under 3%, then maybe also a building savings contract on the remaining amount for interest rate security and that's it. I would use Riester for retirement. aa