Provision interest vs. interest surcharge - financing offer

How much can/want you repay monthly? Of course, it’s difficult to say without knowing the financial background. I personally am no longer a fan of ultra-long fixed interest periods like 20-30 years, also because of the special right of termination after 10 years. If you can significantly reduce the 150,000€ loan within 10 years, maybe not much will be left at the end? You could reduce the repayment rate of the 30-year fixed-rate loan to, for example, 1% and then pay off as much as possible on the 150k loan? Sure, as already mentioned, it’s only 1,560€ over 10 years – nevertheless, I would consider it. Do you really need 30 years? Have you ever considered financing the "big" loan over 20 years and the smaller one over 10-15 years?

We feel quite comfortable with the repayment. We have not set it to the maximum so that we have a buffer for the time with children. Therefore, the possible special repayments in the coming ten years are also difficult to estimate. The "disadvantage" with HVB is that the repayment rate is fixed, but the interest difference to other banks is significant. We want the 30 years for security reasons so that we don’t have to worry about rising interest rates for this part.

That’s because of HVB. They also had by far the best interest rate with very similar conditions (loan amount and equity) for us (general preliminary inquiry to see what’s possible). However, they also have high requirements. They calculate with quite high household expenses and that the interest rate will increase after the fixed period to (I think) 3%, and whether you can afford that. Also, after so many years, you theoretically have to be finished (so choose the repayment accordingly). Is there a reason why you split it into three loans?

On the one hand, we want to take advantage of the KfW subsidy. The 30 years for security reasons. And the third loan for 10 or 20 years to benefit from the lower interest rates for those terms. How do you view the issue of the interest surcharge for extending the interest-free availability period or paying availability interest?

The commitment fees at HVB are 0.25% per month and 0.15% at KfW. The interest surcharge at HVB for extending the non-commitment period by 10 months is 0.2% for the HVB 2 loan. We have roughly estimated and calculated it and came to the conclusion that the interest surcharge is more expensive than the incurred commitment fees.
What is your opinion?

So with those numbers, it really doesn’t make sense to extend the non-commitment period. The 0.2% is charged on the entire loan (or HVB 2? why not HVB1?) each year, while the 0.25% is on the undrawn portion.
Roughly estimated, the first 10 months are equal/similar (if HVB also charges the 0.2% surcharge), afterwards the non-commitment period costs money every year.
Unless I’m making a mistake in reasoning...

Is the HVB offered by every advisor? Or are there only specific ones?

Except I have a miscalculation...

Provision: 0.25/month. So 3% per year... But the total provision is usually lower and only in exceptional cases does one talk about larger five-figure amounts.

Provision: 0.25/month. So 3% per year...

Ah, thanks. I thought something might be wrong :D

Is the HVB brokered by every advisor?

As far as I know, every one of them, Dr. Klein definitely. It's best to ask the broker about it, they will then tell you why they might not show up.

I would risk the commitment interest. When the interest-free period for the commitment is over and the money has not yet been spent, one can usually still have a fairly high advance paid out, which is then interest-bearing at the normal rate.