Use special repayment or save to pay off a small loan?

Would also repay the one with 1.65% and choose the loan where the higher portion of the initial repayment is in the annuity (suspect bank). Please do not let yourself be talked into a [Bausparvertrag] from shady brokers for the remaining debt.

We let the 1.18% run. We will pay off one of the two 20-year ones. It doesn’t matter which one, as they both have the same interest rate of 1.65%.

Thank you for your support. Unfortunately, I was mistaken. The KfW153 loan has an interest rate of 1.53%.

It's hard to say what is really available for special repayments, as we are still in the construction phase and everything has not yet settled. But I'll throw 3000€ p.a. into the ring...

Thanks for your support. Unfortunately, I made a mistake. The KfW153 loan has an interest rate of 1.53%.

Hard to say what is really available for special repayments, since we are still in the construction phase and everything has not yet settled. But I'll throw in €3000 per year...

Wonderful great starting position 20 years x 3k = 60k special repayments plus compound interest

Thanks for your support. Unfortunately, I made a mistake. The KfW153 loan has an interest rate of 1.53%.

It's hard to say what is really available for special repayments since we are still in the construction phase and everything has not yet settled. But I'll throw in €3000 per year...

Then the case is clear: the most expensive loan first.

Residual debt risk is like a crystal ball. You are always wiser afterward.
But the household budget won't be stressed whether you pay 2 or 4% on the remaining debt of €39,000 (difference ~€65 per month). And if this "catches" you, you'll know in the years after where to make special repayments first :D

Hello everyone,

since quite a few things have changed recently, I would like to ask again for recommendations/suggestions. The following situation applies:

Loan	Amount	Interest	Fixed interest period	End of fixed interest period	Remaining debt	Special repayments
KFW 153	€100,000	1.65%	20 years	is paid off	€0	any amount
KfW 124	€50,000	1.18%	10 years	2026	€32,800	not possible
Bank loan	€200,000	1.65%	20 years	2036	€72,000	€10,000 p.a.

As stated in the table, the KfW153 loan is completely paid off. So the KFW124 remains, which will reach the end of its fixed interest period in just under 4 years with a remaining debt of €32,800.

With the bank loan, we have used the special repayments of €10,000 in recent years.

How would you proceed now or what are your recommendations? So far, the plan is to make another €10,000 special repayment on the bank loan. Or would you rather "invest" the money, i.e., put it into a daily allowance account or fixed deposit account, since there will be interest again there? And then use the money in 4 years to completely repay the KfW124?
At the moment, we also have the €30k to repay the KfW124 in 4 years.

Or are there any other ideas?

Thank you very much