Special repayment - How often can you do it? What percentage?

Hi,

I have two questions:

1- Can you only make a special repayment once a year or as often as you want (e.g., monthly standing order) as long as it does not exceed the maximum amount?
How is it with you?

I will be at the bank again next week anyway, but I wanted to ask out of curiosity how it is with you.

2- Do you know approximately how the interest rate changes if you want, for example, 10% instead of 5% special repayment - do you have any experience with that?

Thanks in advance

first look - then write

But there is (almost) nothing about what was asked

Regarding 1: at most banks 1-2 times a year, depends on the bank.

Regarding 2: I think 0.1-0.2%.

With us, it is once per calendar year. That is also the usual practice.

Not according to the motto - I still have money left at the end of the month, so it goes nicely into the special repayment. I wish it were that easy

It's the same with me, so once a year. However, you can also put the remaining money or the standing order into a separate account or a daily money account and use it to make the special repayment once a year. Unfortunately, I can't say much about the percentage. I can pay off 10% of the loan amount per year through special repayment. Then there are the monthly installments as well... you first have to have 12 monthly installments plus the full special repayment!

I see it that way too, that's why we kept the 5% special repayment. It has always been serviced so far, so that we are done with the house within the 10-year fixed interest period.

You first have to be able to manage more than 5%, after all, you still want to live, vacation, etc.

you can already afford it, the problem is that then the bank either refunds the money or demands a prepayment penalty for the overpayment. Especially with high-interest loans, no one wants to give up 4-5%