Property already financed - is another bank possible for house construction?

Online is not what the bank ultimately offers. I would only compare with facts – it's the same with financing as with house offers: bait offers over the internet.

On the Interhyp page, you can do an interest rate check and the offered rates have actually always been very close to what we then actually got. That’s why I kind of used that as a guideline.

Back then the interest rates were somehow around 8% or so.
That’s why with the current rates it actually doesn’t matter if the interest rate is 0.6%, 0.7% or so.
Anything under 1% is basically a gift...
Cheers Olli

Well, going down from 8% is certainly no small matter :D

For us, the highest was 5.04% in 2008.

I just wonder if I really can’t find another bank because of “only” 47k (I made an extra repayment) outstanding debt for the land.

I would now also, for example, research how the Sparkasse stands on this, since our current house financing is with them. And their offer didn’t even show up on Interhyp back then.

That’s objective, you’re looking for a needle in a haystack to avoid apologizing for your mistake. Then there are two contracts and the bank doesn’t have to combine anything, it alone doesn’t work from the sequence regarding the terms.

I find ING’s offer good. You also have to first compare apples to apples, meaning combine total financing including VVE and then refinance.

You have no right to early repayment. And that’s a good thing. ING has served you well so far.

Tell me, can you actually only read or also understand? The latter I often tend to doubt with your posts.

I don’t need an apology for anything, we decided that way at the time, period.

Of course the bank does not have to accommodate me at all or cancel contracts or anything like that, I never wrote that anywhere, but you don’t care, you take out your club and start handing out without even remotely trying to understand what it’s about.

Nevertheless, it is absolutely my right to ask whether I can also take other paths or not. If that is not the case, that’s fine.

From that perspective, you as a “banker” (as you call yourself!) shouldn’t assume that every ordinary person and not a banker knows what works and what doesn’t.

On the Interhyp website, you can do an interest rate check, and the offered rates there have always been very close to what we actually got afterwards. So I kind of oriented myself by that.

Well, going down from 8% is definitely something :D

For us, the highest was 5.04% in 2008.

I just wonder if I really can't find another bank because of "only" 47k (I made special repayments) remaining debt for the land.

I would now also, for example, research how the Sparkasse stands on this, as our current house financing runs there. And their offer didn't even appear on Interhyp back then.

Tell me, can you only read or can you also understand? I often dare to doubt the latter with your posts.

I don't need an apology for anything, we decided that way at the time, period.

Of course, the bank absolutely doesn't have to accommodate me or cancel contracts or anything like that, I didn't write that anywhere, but you don't care, you pull out your club and distribute without even trying to understand what it's about.

Nonetheless, it is absolutely my right to ask whether I can go other ways or not. If that is not the case, that's fine.

From that perspective, as a "banker" (as you call yourself!), you shouldn't assume that every ordinary person and not a banker knows what is possible and what is not.

Yes, I can read and I read that you feel treated unfairly. Whether ING or another bank. Contracts must be kept and I also think it's good that you are not getting out. You also received a fair interest rate offer.

Yes, I can read and I understand that you feel unfairly treated. Whether ING or another bank. Contracts must be honored and I also think it is good that you do not get out. You have also received a fair interest rate offer

That you can read, I have not doubted. However, your understanding of what you have read, I do doubt. You have just proven that to me again with this post.

Just a question... ING is very transparent about their interest rates online. Also for all other loans. It is not credit-score dependent there either, at least there is no indication of that. They may not be the cheapest, but you know what to expect. (I think that’s a big advantage, what good is it to me if it says: interest rates from ... and when it gets concrete, they want double or triple the rate from me?)

Can you "negotiate" that in construction financing there? Or is the offer exactly what is also listed online 1:1, given the amount and equity? I mean, you can still be glad... there would certainly be plenty of other banks rubbing their hands because you are tied to them, and offering significantly worse interest rates because they really handle it individually. Of course, the approx. 0.3% interest difference you mention is also initially 70€ per month with your amount. Why waste that, that’s clear. But you don’t yet have that interest rate in your pocket – just because it was named like that in the consultation.

I mean, you can still be glad... there are definitely plenty of other banks that would be rubbing their hands because you are tied to them, and offering significantly worse interest rates because they handle it truly individually.

We are absolutely aware of that, and I have already written somewhere here in the forum that ING made a fair offer, even though we are tied to them.

We research in all directions, especially since our current house is still being financed.

So the question arose whether, because of "only" just under 50k, other banks would be willing to finance or, for example, do a pledge swap.

If that is the case, then that is also okay. However, I do not want to have the "you could have at least asked" in my mind afterward.

That way, I can tick off the financing topic.

I don't really wish much for ING (die haben mich ganz schön geärgert). But in this case, I would just accept it. If the computer says, you'll get it this way, then quickly agree before it changes its mind.