Provision interest - loan amount

That really shouldn’t be...

but we don’t know the exact situation here...

so it’s best to check all contracts carefully.

we can only make assumptions here...
for example:
Bridging finance would be financed as a normal loan for 1 year through another bank (lower interest rate!)
which now has to be repaid after 1 year.
and probably the property for the bridging finance hasn’t been sold yet? or?

so you need bridging finance again for the transition period, until the property is completed and the other one can be sold?

best to take a closer look at the contracts and read what is written, and feel free to clarify here how it was planned back then... then more can be said

Then enjoy the good interest rate and bite the bullet for a short time. Or talk to the bank to see if the loan can be drawn down completely already.

Even though I haven't understood the construct yet, instinctively I would have written the same as Benutzer200. First of all, of course, the question to : How long will the double burden last until everything can be redeemed as planned?

Even though I haven't understood the structure yet,

Customer comes to the bank and wants €200k for the new building.
Bank says: we work with a real estate bank. You get great conditions there.
Real estate bank says: You get even better conditions if we don’t have any workload with the 98 disbursements over the next 14 months.
Bank then tells the customer: We finance the €200k at the same conditions as the real estate bank offers, so that you, dear customer, get the better condition.

The bank then says to the customer: We will finance the €200k under the same conditions as the previous mortgage bank, so that you, dear customer, get the better terms.

Then the customer would accept this offer and would have only one contracting party. However, the thread creator has contracts with two banks. Hyponex's example sounds more realistic, that money from a house sale is missing and therefore cannot be repaid. But the thread creator is talking about three loans with the new bank. I still can't quite follow exactly.

Then the customer would accept this offer and have only one contracting party. But the thread creator has contracts with two banks.

Exactly. The bridging loan by the bank, which is replaced by the mortgage bank upon payout maturity (completion of the house). This is standard business. Two loan agreements.
In addition, there can also be subordinate loans at the bank.

Ah, gladly used to save money. For example Volksbank and Münchener Hypothekenbank. Can also have disadvantages...

Then enjoy the good interest rate and bite the bullet for a short time. Or talk to the bank about whether the loan can already be fully drawn.

You’ve recognized it :D
It’s exactly this constellation.

We have actually dealt very intensively with the whole matter, unfortunately we were somewhat "left alone" regarding the commitment interest... We were never told that the commitment interest applies to the entire sum, regardless of what has already been paid out and what has not.

Well... That’s how it is, we’ll manage to trick it somehow, but still annoying, especially since it could have been handled very simply: pay out the MHB loan first and that’s it. Annoys us in hindsight.