Need follow-up financing with a short term

As of 01.07.2026, so in just over a year, the fixed interest period of my construction financing ends. The remaining debt of €70,000 is also very manageable. At the end of 2026, I can access a life insurance policy – maturity benefit around €75,000. So I need €70,000 for 6 months.

What is recommended in this situation?
- variable loan?
- bullet loan with a 6-month term (is that even offered)?

Maybe has a tip?

Many thanks, Odyssee77

I would just leave it variable.

Have you ever looked into the contract to see under what conditions it is refinanced variably?

the easiest is really variable or see what a personal loan costs.

Also talk to your main bank about what they can offer you

Variable would also be my focus in the research. You don't have to completely replace the rest with the life insurance sum.

Thank you very much for the opinions.

From the contract terms:

The nominal interest rate of 1.38% is fixed [until 30.06.2026].
A discount (disagio) of 0.00% of the loan amount was taken into account when determining the nominal interest rate.

From the second fixed interest rate period onwards, the following applies:

The agreed fixed interest rate begins at the time of acceptance of the offer. If no agreement on the new conditions is reached, the bank will continue the loan at the EONIA [interim changed to €STR] applicable on the day the fixed interest rate period expires plus a margin of 6.5%. The term of this continuation condition runs 11 months. During the fixed period, you have the right to repay the loan in whole or in part at any time without notice. You will receive a separate notification in a timely manner about the conditions for the continuation of the loan.

Therefore: let it run and simply repay at the end of the year. €STR, currently 2.663% plus 6.5% margin = 2.836% is also manageable...