What help is available? (Bavaria)

But which layperson understands annuity loans correctly (without reading the definition)? And what does the [Baugesetzbuch] or a judge say about it?

The wording "zzgl. ersparter Zinsen" is the best and most understandable phrasing if you think about it for just a moment longer. :-)

But which layperson truly understands annuity loans correctly (without reading the definition)? And what does the Building Code or a judge say about it?

The wording "plus saved interest" is the best and most understandable phrasing if you think about it for just a moment longer. :)

I knew I did something wrong... thought about it for too long :D

Jokes aside... Annuity loan is a common type or term in financing. I think a lot has become clearer for the OP because of that.

Yes, thank you! I wasn't so sure about that either, it could have meant the difference to the current interest rate.

But the housing program does sound interesting. Besides the 2500 per child, also the low interest rate with unlimited special repayments, or did I misunderstand something?

For the housing construction program, the districts only have a certain amount of funding available, and this is distributed according to social urgency. Social urgency is somehow assessed based on a household calculation and the resulting available income, which must not exceed certain limits.

In the interest rate reduction program, it only depends on the income whether one receives this funding or not. There is a corresponding calculator on the homepage where you can roughly calculate it.

Just make an appointment at the district office and get advice.

Personally, I find the interest rate reduction program relatively interesting, especially because of the 1% repayment. Of course, after the fixed interest period of 10 or 15 years, there is still a high remaining debt, but due to the relatively low monthly rate during this fixed period, I can better service the more expensive bank loan and make possible special repayments on the bank loan. After the first fixed interest period, Labo then offers a new interest rate (which will definitely be cheaper than at the bank because of the subsidy) and you can make special repayments after the first fixed interest period (according to the information from the nice lady at the district office).

That sounds very good! Thank you very much! Let's see what they recommend to me from the [Landratsamt]!

So, almost a year has passed and unfortunately we still haven't found a house.

We once had an offer for a projected semi-detached house (350k) in the LRA and we would definitely have been eligible for funding! However, we decided against it because the location wasn't that great.

Since then, we have been looking at properties again and again, but unfortunately there are only overpriced fixer-uppers...

In November, we have the chance to get a plot of land with the help of a local resident model, unfortunately these are quite large! (600-800sqm)
The prices are of course great (about 260 instead of 400 per sqm) but due to the size it is naturally somewhat more expensive.

If I now assume a small plot of land, that's about 160k€.
So if I roughly have a loan amount of 450k€ in mind, do you think financing is possible?
15% equity is planned, currently I am the sole earner (basic salary 2200€ net), in September my wife will continue her training and is expected to finish in 2020 and be able to work 30 hours.