Set the repayment schedule in advance?

And what if the Sparkasse transfers its mortgage to the bank that is providing the follow-up financing? That is common practice.

hello,

so the VR bank would be first priority with 41k and the new bank second priority with 74k. With a house value of 145k, that results in an overall loan-to-value ratio of about 79%.

It will be difficult to find a bank that agrees to be subordinated with 74k.

Counter-question, why should the Sparkasse do that? Because you are their best customer? The Sparkasse knows that you thus have a shortfall with the refinancing and will certainly be happy to offer you follow-up financing itself. Sparkassen currently have no interest in losing business.

so VR bank would be with 41k in 1st position and the new bank with 74k in 2nd position. With a house value of 145k, a total runout of about 79%.

no: VR-Bank (originally 40k) is only 21k in Nov. 2019 due to repayment. yes: new bank 74k. But my question was whether the new bank really automatically slips to 2nd position? No matter who the new bank is. Even if it remains the Sparkasse, which already has the first position anyway? What if the VR-Bank provides the 74k? Then would it be the only one in the race?

no: VR-Bank (originally 40 thousand) was only 21 thousand in Nov. 2019, because of the repayment. yes: new bank 74 thousand. But the question was from me whether the new bank really automatically slips to the 2nd rank? No matter who the new bank is. Even if it remains the Sparkasse, which already has the first rank anyway? What if the VR-Bank gives the 74 thousand. Then it would be alone in the race?

hello, if the Sparkasse makes you an offer, the land charge still exists. So no problem

Just like if the VR Bank does the follow-up financing. They have all the land charges assigned to them. Also no problem.

Problematic is if you prefer a 3rd bank.

Task for you: simply inquire now with Sparkasse and VR. Maybe you will receive a prolongation offer

Problematic is when you prefer a 3-bank.

and what about the assignment of the land charge from Sparkasse and KFW to the new bank? This assignment would not be entered in the land register. That means the new bank receives a letter from the old one, stating that the land charge is transferred to the new bank due to the complete repayment at the old bank. Thus, the land charge remains first rank in the land register – or am I mistaken???

Even though the topic is settled, why was the free Wfa loan redeemed? Was it only designed for 5 years? And why then with the VR in second rank, instead of another first-rank Sparkassen loan? Also, I have the impression that the cheapest loans were paid off the fastest.

and what happens with the assignment of the land charge from the Sparkasse and the Kfw to the new bank? This assignment would not be entered in the land register. That means the new bank receives a letter from the old one stating that the land charge is transferred to the new one due to the complete repayment at the old bank. Thus, the land charge remains first-ranking in the land register – or am I mistaken???

who says that the land charge is not registered? it is transferred. Again WITHOUT RANK, the RANK is REASSIGNED

Whenever you change the bank, it goes into a subordinate rank