Repayment options for risk-averse people

I would invest in ETFs. I don’t understand how anyone can recommend a savings account. Do you hate money?

I would do that too. But stocks = risk. He says he is risk-averse. That’s why my 50/50 solution.

And you read correctly.
I do not doubt the 0.96% interest.

Your information/amounts do not match with this interest, interest payments, repayment, rate etc.

Maybe I'm calculating wrong but:
€1,800 monthly rate - €396 interest = €1,404 repayment. €1,404 * 12 = €16,848 / €495,000 = 3.4% repayment. Better like this? OK, that was my mistake, sorry.

I would invest regularly in ETFs. I don't understand how anyone can recommend a daily savings account. Do you hate money?

Let me take a quick look... all stock indices are down 20% this year. Clear outperformance for daily savings accounts... People must hate their money ;)

Let me take a quick look... all stock indices are down 20% this year.

Which makes it all the more advisable to recommend ETFs. There is still some room to go down, but significantly less than if you invest at all-time highs.

Yeah, sure. But for some, ETF always sounds like a sure thing. And especially if you need the money a) at a specific time and b) relatively short-term (consider: half of the invested capital has been in for less than 5 years), it is rather unfavorable.

until the interest rate on the instant access savings account is higher than 0.96 - then no more repayments will be made.

I'm kind of at a loss here. I don't know anything about investments at all..

The credit interest rate is higher than that for the financing, but the invested money is also significantly less than the original financing amount, so you don't get as much interest on your credit as you pay for the financing?!

If you make special repayments on the money, you shorten the term or save more interest than you would receive..