Make a special repayment or pay off the KfW loan?

Because after 10 years, a remaining debt of 39,000 euros from the KfW wants to be repaid, for which there is otherwise no plan

So what? Doesn't every KfW user who wants to avoid building savings schemes have that problem? The interest rate risk with 39,000 euros is rather manageable. If necessary, you can also increase it to 50,000 euros and agree on a high special repayment if reasonable interest rates are only available at that amount.

I see the issue more like this: if already 3,000 euros are available each year, then the KfW installments of about 2,000 euros/year are added, and then there might be some salary adjustments in 10 years, so that the 5% special repayments are used up relatively quickly after 10 years. But the information on the amount of the main loan is missing.

The main loan is 142k and would thus be 23.x years without special repayments. Remaining debt after 20 years is 26k

So rather little room for maneuver upwards with the special repayments after 10 years, when the [KFW Darlehen] ends. Overall, the financing is also very much focused on security. I think there are so many variables (income development/expense development/interest rate development/inflation) to consider, and the current interest rate difference or the interest rate risk after the end of the fixed interest period is so small in both variants that there is probably no right or wrong. Both variants have their respective advantages and disadvantages.

You would have to calculate it with a loan calculator including the correct monthly repayment to see how much the term shortens if you manage the 3,000 € special repayment each year. If you make the special repayment and keep the installment the same, the repayment rate increases, and how this affects the loan can only be calculated if you know the original monthly installment (afaik not mentioned yet).

Uh, 50k€ KfW, 10 years and house purchased sounds a lot like the home ownership program (124).

There is no special repayment possible anyway_o_O

Therefore, save money.

Alternatively, take out smaller BVS (10/10/30).

You can either use them to buffer the KfW if the interest rates go through the roof in 10 years. Or use them if bigger things need to be done on the house after all.

At least the risk of just spending the money is somewhat reduced.

I would definitely not use the 20-year special repayment option as long as the KfW is not in "dry" towels

The interest rate difference being small is clear. Mine is higher too :)

But then why the statement to save the money and then repay the KFW loan at some point, especially with the risk you mentioned that the money will somehow be spent anyway. You are actually contradicting yourself.

So why not repay the higher interest loan immediately?

Hi, I think you misunderstood me. There was the suggestion to save the money and repay Kfw, and I wanted to warn against doing that for the reasons mentioned not to do. As I said, what is gone is gone.