Our financial situation - Your opinion?

It also doesn’t have to be the luxury cruise every year… :D

Then I'll continue with my 'luxury problem'... The first feedback from Interhyp is here...

Plot land standard value 111k, market value about double that. Available and paid

House incl. garage 750k 550k loan, 200k equity

Garden / yard / special repayment 82k Grants and subsidies

With these details, the following offers were made:

Commerzbank, 20 years, 1.21%, 1,792€ installment, remaining debt 248k

DKB, 20 years, 1.18%, 1,792€ installment, remaining debt 244k

ING, 20 years, 1.18%, 1,792€ installment, remaining debt 244k

I have no idea why the lady suddenly set the installment so 'low.' But I also don’t feel like asking anymore... From my point of view, these are (relatively) really bad conditions. Regarding Commerzbank itself, we were already offered 1.0% (with the same figures / costs / calculations)... When I asked Interhyp what we could change (equity usage, loan amount, standard land value vs. market value), I was brushed off with 'these are already the best conditions; nothing more can be done here.'

The following feedback is still pending: Dr. Klein, direct contact to Deutsche Bank, Commerzbank and HVB. I hope something better will come out of it...

I think you should also inquire with the local Volksbank as well as the nationally operating Volksbank "Die Gestalterbank." I generally find Volksbanken somehow likeable (cooperative) and Die Gestalterbank is my financing bank. Warning disclaimer, since I now hold cooperative shares, I benefit from every smooth financing through profit distributions, so I am not impartial here... I actually don't want to recommend them, but someone else had positive experiences directly with ING (better conditions than through Interhyp).

Counterexample: I was not born in Germany and grew up under a dictatorship with ration cards,
so what exactly do you want to explain to me? Have you ever stood for several years straight for several hours daily in shopping lines
to get food? At that time, I would have gladly swapped with you and gladly walked 25 km daily if I had gotten something
to eat, so stop whining...

Oh, a troll? - that must be a completely made-up counterexample, because no one speaks so disparagingly about people who manage economically within their means, who themselves know a world without silver spoons. Not even if they now earn "six figures p.a."

And who are you, please, to claim that a large part of Germans earn too much??

What are the insinuations supposed to mean, that she made such claims?

Is your ambition to be the reason a mod moves this thread to the trash?

We were there a few months ago. Similar to the Sparkasse, the conditions here were terrible. 1.7% and worse. I wouldn’t ask again... Please only close once our financing is secured :p

I have no idea why the lady suddenly set the rate so 'low'.

The specification/requirement must come from you. For example, minimum repayment x % or minimum rate y €.