Question about the effective annual interest rate

Update ESIS

Bank 1:
eff. interest rate: 2.35%
It consists of:
Interest rate: 1.390%
One-time costs
- Land registry office costs for the
registration of the mortgage
- Conclusion of the home savings contract
Regularly incurred costs:
- Home savings contract: 12 €
- Fire insurance: 355 €

Bank 2:
eff. interest rate: 2.10%
It consists of:
Interest rate: 2.060%
One-time costs
- Land registry office costs for the
registration of the mortgage
Regularly incurred costs:
-

Bank 3 is almost like Bank 2 (both without home savings contract).

Question:
I have fixed the installment, the terms are the same for both banks (1 + 2).
But in the installment of Bank 1, the closing fee and the costs of the home savings contract are not included, right?
I pay those on top and that is why the effective interest rate is higher, correct?
In addition, there is the lack of transparency regarding the pre-financing of the home savings contract.
For Bank 1, I also have to maintain my checking account (new opening) and also take their insurance.

At Bank 2, I don’t need any insurance at all, I can change the installment a total of 5 times and have integrated unemployment insurance that continues to amortize for 1 year at 1%, and I neither have to maintain my checking account there nor take out insurance.

At Bank 3 I only have to provide proof of a term life insurance (no matter where).

Building savings contract 12€. I would get up and leave. There is no basis for a trusting cooperation. Examine Bank 2 and 3 more closely.

Small children do that.

Our S-Kasse also had a 12 euro annual fee per loan. That was acknowledged and, of course, addressed. Everything was removed as well. But it's always a matter of negotiation.

That's something little children do.

Our S bank also had a 12 euro annual fee per loan. That was acknowledged and then, of course, addressed. It was all removed as well. But it's always a matter of negotiation.

If your little child notices that something is being foisted on them, "you can get away with that," then congratulations: You did everything right.

It's about trust and appreciation. Both are obviously not present when someone tries a stunt like that.

It's about trust and appreciation. Obviously, both are missing when someone tries a trick like that.

But this is usually because large companies have standard contracts. They don't draft and review a separate contract for every Tom, Dick and Harry, understandably. So, at some point long ago, it was decided that there are indeed fees which are initially included in the standard contracts. It's no coincidence that people always say to read thoroughly, preferably allow enough time, and go through everything together again. Such passages quickly stand out. No one likes to pay additional fees when they believe they are contributing a lot with their financing.

It's not about the fee per se. If the total costs are okay, so what. The point is that a €12 building savings contract serves no purpose other than to polish someone's statistics. That thing simply has nothing to do with the business you come in for. I don't want to buy a cutlery set or an electric blanket either. That's like a coffee cruise level. I don't talk about six-figure sums with people like that.