Refinance existing loans with a construction loan

1600 would still be okay. But it was never made an issue. I expect a consultant to create a sound concept. If my desired rate cannot be met for such and such reasons, then that is okay. It is just a wish I have as a customer. But if there is no V8 in the Golf, then that’s just the way it is. I can’t know that beforehand. Making the house smaller would be the last thing I would do. But yes, I would do it. Better a smaller one than none at all. Nevertheless, the question arises whether I should perhaps go myself to, for example, the DSL Bank and present my concern there. They would then surely tell me clearly and straightforwardly whether it is feasible or not.

Don't know if Interhyp has already been mentioned in the last 30 pages. I have had good experiences with them. You don't need a local branch, everything can be done over the internet and phone. Also, you can "play" with the numbers.

1600 would still be okay. But it was never made a topic. I expect an advisor to create a sound concept. If my desired rate cannot be met for such and such reasons, then that's okay. It’s just a wish I have as a customer. But if there is no V8 in the Golf, then that’s just how it is. I can’t know that beforehand. Making the house smaller would be the last thing I would do. But yes, I would do it. Better a smaller one than none at all. Still, the question arises whether I should perhaps go to, for example, DSL Bank myself and present my concern there. They will then surely tell me clearly whether it’s feasible or not.

No, wrong. A financial advisor is like a butcher, “would you like a little more?” You have presented your wishes to him and let him run with it. Until rejection, you were not to be dissuaded from the plan. That’s how it reads in the thread. There was even the arrogant statement that you would ring through to the head honcho. Sorry to burst your bubble, but in the credit business you are “peanuts” and more of a “petitioner” with your project. Regards, the Bänger

I would

1600 would still be okay

I rather think that is the minimum. You have to adjust many things, lower the house price, increase the electricity, add the pension statement.
Is your wife on early retirement? Theoretically, you are the sole debtor.

They will then definitely tell me clearly whether that is feasible or not.

Aside from the fact that I’m not even sure if you can speak "directly" with the DSL Bank: They tell you exactly the same as the advisor, as long as they haven’t done a detailed check. It was the same for me back then: Deutsche Bank, Volksbank, Sparkasse all indicated in advance that the project was absolutely no problem. After a few days, however, a rejection came. Therefore, once again clearly: FIND A GOOD advisor, discuss your entire situation with him/her, describe your previous experiences, and have a battle plan drawn up. Then sound out potential lenders - as thoroughly as possible - and then submit the application. That worked very well for me at the time, even with ING.

Apart from the fact that I'm not even sure if you can speak "directly" with the DSL Bank: They tell you the same exactly as the advisor, as long as they haven't checked in detail. It was the same for me back then: Deutsche Bank, Volksbank, Sparkasse all indicated beforehand that the project was no problem at all. After a few days, however, there was a rejection. That's why once again clearly: find a GOOD advisor, discuss your entire situation with him/her, explain your previous experiences and have a battle plan drawn up. Then feel out potential lenders - as thoroughly as possible - and submit afterwards. That worked very well for me at the time, even with ING.

The problem is that the 0.9 or whatever it was blinded him and sent a signal that he was a good debtor with excellent creditworthiness. He is not.