Opinion financing offer loan / KFW / building society saver

Hello everyone, we are planning to buy a house. I would like to know whether the following offer is bad, medium, or good.

Purchase price €334,000

€55,000 equity

Additional costs notary without broker €25,000

Renovation €30,000

Loan amount €322,400

Here is the offer - is it plausible?

Here is the breakdown of the individual installments.

Loan 1 Flex Wüstenrot €222,400:

monthly interest payment €305.80 + €514 monthly repayment rate 9 years 8 months (total €819.80) additional special repayment €3,600 p.a. Baukindergeld 10 years
Total payments in 9 years 8 months (116 months) €131,096.80.

From 01.10.2029 (allocation of the home savings contract) the monthly interest and repayment rate of the home savings loan is €940 for 13 years and 4 months.
Total payments in 13 years and 4 months (160 months) €149,712.46)

Loan 2 KFW €100,000:

monthly burden in the first year €62.50 (interest only, no repayment), this is always the case with KfW loans.

monthly burden from the second year €379.52 for 9 years (then end of fixed interest period / outstanding KfW balance €64,591.24)

After the end of the fixed interest period in 10 years, the monthly rate of the KfW loan depends on the then current market interest rate.

The total term of the KfW loan is 25 years.

With constant interest rate of the KfW loan, the total repayment to the KfW amounts to €110,050.

Total repayments: €390,859.26 (total financing costs €68,459.26 if KfW remains the same)

Total installment of all financing components:

€882.30 in the first year (KfW is at least 1 year repayment-free)

€1,199.32 from the second year for 8 years 8 months

€1,319.52 from year 9 month 9 for 13 years and 4 months (if KfW remains the same)

From the 24th year only the rate of the KfW loan is to be paid for another 2 years.

I find these loans made up of x components mixed with kfw and then mostly for 10 years totally pointless. A regular loan with your conditions (assuming you are not buying in the last village deep in Brandenburg) you get 10 years for about 1.2 and 15 for 1.5%. Go see an advisor, e.g. Interhyp or Dr. Klein.

Due to the mortgage lending value of the house and the low equity, we somehow do not receive any offers for 1.2 or 1.5 over 15 years. Additionally, we would like to have the remaining debt [Safe] over the 15 years.

Is your income so low?

4500 net without [Kindergeld]

even if it's probably too late...

I don't like the building society Wüstenrot, like LBS... BECAUSE:
besides the 1% contract fee, they also charge another 2% AGIO when paying out the building loan,
otherwise the costs are well over 2%, so the effective interest rate is beyond good and evil...

in this case, you have a contract fee of 2,224 EUR, and more than 2,600 EUR are added when paying out the building loan.

that totals already over 2.20%

then the conditions, also relatively high... there are other banks/building societies that offer something "cheaper."

the bank/intermediary would make a good profit here!!!!