Opinions on my financing offer

Why this struggle/fight to be debt-free after 10 years? I would extend the liabilities so that there is also breathing room to live during this time.

Regards

To hell with the interest rate risk. With the income, I would even choose a 20-year term with a 10-year fixed interest rate. And then make special repayments at will.

You can also do a car loan like that, but with that income I somehow have zero understanding of not saving equity for it beforehand. With the income and bonuses, it shouldn't take more than 3 years.

Screw the interest rate change risk. With the income, I would even choose a 20-year term with a 10-year fixed interest rate. And then make prepayments as you like.

For a prepayment, at least with the two calculation examples, there doesn't seem to be anything left because a lot of money seems to be leaking away in many places.

Otherwise, we have the same interest rate, a similar amount, lower income, but concluded in May 2015, it should actually be 2-3 tenths better today.

Hello everyone, thank you very much for the opinions, assessments, and critiques... There were certainly one or two food for thoughts.

I have now had a new variant calculated accordingly.
€1750 monthly rate, the 1.28% remains fixed for 10 years (if I had gone for 15 years, the interest rate would have jumped to over 3%). The remaining debt after 10 years is now around €110,000, naturally less with special repayments.
I feel really comfortable with this variant now, €1750 is a manageable monthly rate and the expected remaining debt is also within limits.
What do you think of the 1.28% interest rate? Is this a good rate as of today or should I try to negotiate it down a bit more... My gut feeling tells me that this is already borderline (in my situation) and certainly not much more to negotiate.

Here are a few more details based on some of your answers.

We pay €160 monthly for the daycare spot.
In our area, you can get a solid masonry house for €245k which is 20 years old, has 220 sqm of living space, is fully basemented, and has no backlog of maintenance. The money for renovations is needed to bring the bathrooms up to a modern standard and to replace some of the old parquet here and there.

€50k for a car is, in my opinion, nothing special... You get a well-equipped SUV for that but not even one from the German premium manufacturers.

In recent years, I have certainly saved a good financial cushion; why should I take part of it from a high-yield investment (about 6% per year) to pay for a car when the money can be obtained much cheaper... The same goes for the house... I only withdrew the €50k equity from my investments because with less equity I would have gotten a significantly worse interest rate.

With this post, my main concern (besides the car story) was to get feedback regarding the 1.28% interest rate... is this a good interest rate as of today or should I sit down again with my financial institution and renegotiate?

For a special repayment, at least in the two calculation examples, there seems to be nothing left, because a lot of money seems to seep away in many places.

Otherwise, we have the same interest rate, a similar amount, lower income, but concluded in May 2015, it should actually be 2-3 tenths better today.

The special repayment would come from the annual bonus... But generally I agree with you, we certainly still have potential to reduce our expenses, currently we are not looking particularly closely at money.
I was told that the interest rates have increased somewhat in the last few weeks, if I had made my inquiry about 4 weeks ago, I would have received an interest rate of <1%.... the absolute interest rate low was therefore passed a few weeks ago. At least, that’s the information I got.

What do you think about the 1.28% interest? Is that a good rate as of today?

In my opinion, you can only find the answer through comparison offers.

high-yield investment (approx. 6% per year)

If you now also tell us where to get 6% yield ... :-)