Special repayment, saving or consumption?

Investing in the portfolio. I don't make special repayments, it's not worth it with the low interest rates.

Over how many years have you planned the complete repayment? Anyone who is younger or who doesn't plan to pay off until retirement anyway can just consume (-:

I took out a cheap loan, which runs for 10 years initially. I see the situation similarly to : the rest will be invested, a portfolio is one option. If a follow-up financing is again this cheap, I will continue as now, if not, I will pay off what is outstanding.

Since my current financing was concluded at 3.35%, I have fully utilized the special repayment in each of the last 7 years. This year the apartment will be paid off and then consumption will begin.

I'll put it this way, we have been more frugal before. At the moment, we are not saving anything. Since we're buying things for the house here and there.

The fees and expenses for the house are really unusual right now. Here a municipal charge and there an electricity back payment, insurance, and an unplanned car repair with a major service. We've been paying off the loan for exactly 1 year now (moved in July) and I actually wanted to make extra repayments of 10-15k€ every year. Without the [Baukindergeld] and the [Eigenheimzulage], it wouldn't be possible this year.

So yes and no, we only make extra repayments by chance and don't really consume for ourselves either. Meaning we have to pull ourselves together this year and make extra repayments next year with the savings.

Interesting question, I'm curious about further answers.

We make our 5 percent special repayment every year and the rest is then spent.

Best regards
Sabine