Questions about a possible plot!

Yeah, then that's fine. 2-3 months often make a difference there.

If I don't get the property, it might be that I have to wait another year... I'll only start thinking about interest when the time comes

If I don't get the property, it might be that I have to wait another year... I only start worrying about interest rates when the time comes

There is no other option. Panic-taking out a loan for an unknown amount is nonsense. Interest rates aren't exactly skyrocketing either; we're still in a sideways movement range. ECB will stay at 0.0 until at least next year, bond program runs until at least the end of the year. No one needs to be afraid of a doubling in 2-3 months. Just today, the Bund futures are at a yearly high, the yield on the 10-year German government bond at a yearly low - if this stays like this for a few days, real estate interest rates will go down a bit again. But yeah, crystal ball.

We closed when the interest rates rose. Two months later they fell again. Who knows that beforehand? I would always pay in cash if I could.

I believe that was somewhat unclear from my side. My suggestion refers to the property and not to any loan of an unspecified amount...

So, buy the property as financing and hold equity for a future house. This way, you already have a smaller loan with good interest rates now and won’t be at a disadvantage later. Of course, no one can predict the interest rate development. But the fact is that interest rates are rising again at the moment. It was just a thought...

If that is a decision criterion for the seller of the property, that you can buy immediately through the equity, then that is already resolved anyway. Best regards

My suggestion refers to the property and not to any loan of an unspecified amount...

Even more pointless. What have you secured with that? A loan on an amount you have cash in your pocket and that yields no interest. Instead, you pay interest. The first rank is then occupied in the land register, with the large loan for the house you may, at worst, have no choice which financing partner to use or have to pay compensation to redeem the first loan early. Registering and deleting a land charge also incurs notary fees. Those are gone.