Opinion on financing is requested

Hello,
I would like to hear your opinion on our financing. We have now obtained various offers and have a lot of options on the table.
A brief overview of our construction project: total costs are approx. 620,000. Since I have a second property, the KfW loans are being handled through that (incl. 119,500). With equity and own services, we then need about 350,000 euros (only this amount is secured via the new house). Our loan-to-value ratio is thus under 60%. We now have the following options:

1. PSD Nürnberg: a mix between a 10-year full repayment loan and 15 years comes to 1.65% effective.
2. Liga Bank: annuity loan for 15 years at 1.66% effective.
3. Schwäbisch Hall: TA loan with 1.4 and building savings loan with 1.8% effective and Wohnriester. Mathematically that comes to 1.54% effective. But you have to pay tax on the housing allowance account (or whatever it is exactly called) afterwards.
4. Alte Leipziger: 1.6% effective over 20 years (but combined with a building savings contract - needs to be calculated precisely).
5. DEVK: 1.7% effective over 20 years as an annuity loan.

Well, I’m curious what your opinion is :) We have been calculating for a long time. Maybe someone else can see something or also share their experiences.

With the data you mentioned, one cannot really assess the individual offers, let alone compare them. It is also unclear what exactly you want to know.

With the data you mentioned, you really can't assess the individual offers and certainly can't compare them. It's also unclear what exactly you want to know.

With the data you mentioned, you really can't assess the individual offers and certainly can't compare them. It's also unclear what exactly you want to know.

What data is still missing? I would simply be interested in tips and assessments. There are many options involved. Combination with a building savings contract, pure loan, and even a residential Riester. I think one can definitely have an opinion on that. Maybe also opinions that go beyond the calculations.

Terms, outstanding debts, installments, repayment rates, data on the building savings contract holders ...

1. The total cost is probably lowest if both are full repayees, but not faster than 2.
2. Same term as 1. (if full repayee), hardly more expensive, but lower monthly burden.
3. The most complicated and future (taxation) uncertain. Hardly cheaper than the previous alternatives. Term? Is Riester even worth it? Probably favorable installment. I would leave it at the selection of offers.
4. I assume full repayee. Probably hardly cheaper than 5. See no advantages.
5. Full repayee? Probably lowest installment.

Conclusion: If you want to be done quickly, I would choose 2. With the small interest difference, I would simply choose 5 and possibly make special repayments, if possible. That would again be a framework condition about which nothing is known, but which can make the fine difference.

if you want to "relax" finance the 5 (sondertilgung einräumen lassen). If you have the financial leeway then 1.

These offers move around the 0.1% difference. With 350k it should be about 30 € interest monthly........................

So, I think the 5th one is good because of the long fixed interest periods and with the annuity loan the house is paid off faster. I would rather say it like this: compare how much outstanding debt remains at the end of the fixed interest period. The least wins :) It all gets complicated when you have 15 or 20 years fixed interest. What matters is what you want. So I always compare like this: I tell the banks the same conditions: 20 years fixed interest, up to 5% special repayment per year and 2% repayment and which rate I pay. It’s easier for me to compare. And from when the commitment interest applies. The later, the better :) Since you are bringing in equity, you already have really good chances.