Replace KfW 151 with a building savings contract

  • Erstellt am 2014-08-20 23:54:39

zabiwa

2014-08-21 11:01:30
  • #1
Oh yes... :)
(Sometimes you can't see the forest for the trees...)
 

speer

2014-08-23 16:55:34
  • #2
Hello,
I am not in favor of the construct with the [Bausparvertrag].
With interest rates currently so low, a fixed rate over x years is better. This means repaying the [KFW loan] in parallel with the bank loan. After 10 years, everything is renegotiated anyway, and then you can see how the interest rates look.
Assuming something unforeseeable happens during saving with the [Bausparvertrag] and you cannot pay the installments for years. The [Bausparvertrag] will only be mature for delivery in 10 years if the installments have been paid. That could become a problem. Furthermore, the overall effective interest rate of all components is usually worse than just [KFW] and bank loan.
 

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