Problems finding an appropriate financing budget limit

Sorry that I did not meet your obviously scientifically based, fact-oriented, objective approach. I guess I'm not quite the perfect person you portray here. Feel free to send me a PM if you have any problem. Thanks (OT ended)

A simple "you're right" would have sufficed and made you look better than this, but thanks anyway.

A "you're right" would have sufficed and made you look better than this, still thanks.

Always the last word - alright. Do yourself a favor and don’t bring this into the forum here - contact me via PM instead. And "make you look" sounds as if your reputation is more important than helping the forum. Let it be now.

Thanks a lot :)
I would like to pay off at least 3%!

Why? You have a little over 30 years until retirement. With 2.5% you will manage well. With some luck, you might get an even better interest rate than the 1.2% I mentioned, then the rate can be reduced even further.

From my point of view, the rate should be kept as low as possible (but as high as necessary). If you then want to pay off more, you do that via your special repayment right. The latter is usually offered by almost all banks for up to 5% p.a. free of charge. For 500k, that is at least 25k per year. You can therefore pay more than 2k extra each month than you have to.

I would always design the financing to be as flexible as possible. And that includes planning and also using the special repayment right sensibly. If you then want to save compulsorily, you simply set up a standing order to the special repayment account. However, it is up to you whether you want to spend the extra 300€ this month on something else.

To avoid unsettling the silent readers, you could have written something like:

"In my opinion, however, you should thoroughly check Town & Country, since it is a franchise system, you can encounter good or less good entrepreneurs, unfortunately that is not consistent and therefore difficult for laypeople. Due to bad experiences in my environment, I have at least lost trust in Town & Country."

Nothing else is what I would have wished for.

That's how it is. Even with Town & Country or the favorite Heinz of , the group of franchisees does not consist exclusively of bunglers, slackers, and scoundrels. So not all the big names are always bad.

contact me via PM

As far as I can see, neither of you can currently send or receive PMs. ;) But good idea! :rolleyes: