The conditions are actually quite okay. But, what happens after the end of the fixed interest period? You know that... You take a risk that it will become more expensive than now. That is personal taste. Karsten
We have structured our loan almost the same way with a similar interest rate. I’m betting on interest rates that won’t rise sharply. However, you, like us, have a repayment rate of 3%. That makes absolute sense. Now the question is: risk with currently favorable conditions, or somewhat more expensive security? A similar question: will your salary develop enough that in ten years you could also manage an additional €300/month?
Whether the salary changes cannot be answered. Therefore, we assume the numbers we currently have. Accordingly, security over the entire duration would be desirable.