If you do not need a loan for the repayment, it is simple. Otherwise, you need a cooperative bank. Mathematically, it makes sense. Possibly include fees.
If you don’t need a loan for the repayment, it’s simple. Otherwise, you need a cooperative bank. Mathematically, it makes sense. Possibly include fees.
Even with repayment, a new bank has to go into second lien. Very few do that. So almost only the current bank remains. Then it should be irrelevant whether you repaid the loan beforehand and they pay it out to you or whether they repay the KFW loan with it.
I could somehow scrape together the amount for my KFW loan, but then I would have a problem if no bank finances or the surcharge is so high that I exceed my 1.4%. So that still has to be clarified beforehand.
Even with refinancing, a new bank has to go into second rank. Very few do that.
I meant it differently: If you can restructure your assets in such a way that the funds for repaying the loan become liquid, then you simply repay the loan. The first bank is out. Then you can take advantage of the low interest rates again and invest the money differently. But indeed, very few do that.
I meant it differently: If you can shift your assets in such a way that the funds for the loan repayment become liquid, then you simply repay the loan. The first bank is out. Then you can benefit from the low interest rates again and invest the money differently. But in fact, very few actually do that.
That would of course be the ideal solution. But who already has the possibility to fully repay their main loan (without VFE)? This was about the early repayment of a KFW loan. That means the first 10 years probably haven't passed yet. The interest rate fixed period is surely still running on the main loan. Even if the bank agreed, the VFE applies here. Maybe I still have a problem understanding. For me, for example, the full payout of the main loan was autumn 2014. The fixed interest period runs until 2028, but the earliest repayment date after 10 years + 6 months is 2025.