Caspar2020
2016-04-07 13:13:02
- #1
: Exactly.
You then paid 12,852.69 in interest over the 20 years. But if you go for 30 years, you will probably pay at least 20,175.74 EUR in interest, but initially have 140€ less per month.
That would actually be to your advantage. And it’s not that expensive either. Basically, as of today (you don’t know what will happen after the 20-year fixed interest period), it’s 245€ more in interest per year.
Probably the increased interest burden is higher on the main loan than on the KFW (173k to 100k). You can calculate that quite quickly.
You then paid 12,852.69 in interest over the 20 years. But if you go for 30 years, you will probably pay at least 20,175.74 EUR in interest, but initially have 140€ less per month.
That would actually be to your advantage. And it’s not that expensive either. Basically, as of today (you don’t know what will happen after the 20-year fixed interest period), it’s 245€ more in interest per year.
Probably the increased interest burden is higher on the main loan than on the KFW (173k to 100k). You can calculate that quite quickly.