Want to compare construction financing offers from experts?

Are you aware of independent consultations that compare existing offers and can tell us the pros and cons of the models?

To understand an annuity loan, you actually don’t need a consultant (you can manage it yourself with a standard education and access to the city library or this newfangled Google).

The comparison with financing using a building savings contract is, however, no longer trivial. There is (google) a calculator on the web that can do this. AFAIK, the comparison is only not possible based on the handed-out documents alone. Basic knowledge [how the whole thing works] can certainly be googled.

With Riester, the general advice is: check the subsidy constellation, then, if positive, choose a product. The catch, in my opinion, lies in the external determination over how to handle the home equity and the tax burden at the end. This can only be assessed on a case-by-case basis.

Otherwise, see #3: fee-based advisors. Only those who don’t earn their money from commissions will really advise you independently. Whether this is necessary here, I doubt. Then it’s better to obtain three offers for annuity loans (house bank, online bank, insurance; otherwise completely identical conditions, i.e. fixed interest periods etc.) and then choose the cheapest. You can easily recognize it by the interest rate and won’t have the problem of buying a financial product you don’t understand (Riester, building savings plan).