Which construction loan is better?

Hello dear forum community, the topic of buying a house is coming up and I would like to hear your opinion on the following two offers. The key data: my wife and I both employed approx. 3800,- net 50,000,- equity We do not want to repay more than 1000,- per month Loan amount 175,000,- The house is a semi-detached house from 1929. Gutting and modernized in 1997. Value of the house according to an independent appraiser (commissioned by me) 206,000,-. Purchase price 200,000,-. The 2 offers: 1. Bank 110,000,- 10 years term, nominal interest 4.55%, effective interest 4.65%, repayment 2.25%, monthly rate 623.33,- Kfw 124 65,000,-, 10 years term, nominal interest 3.80%, effective interest 3.85%, repayment 1.91%, monthly rate 205.83,- total monthly rate in the 1st year 829.16,-, from the 2nd year the monthly rate increases to 932,-. Equity assumed there 35,000. 2. Bank 105,000,-, 10 years term, nominal interest 4.20%, effective interest 4.32%, repayment 2.19%, monthly rate 559,- KFW124 70,000,-, 10 years term, nominal interest 4.05%, effective interest 4.11%, repayment 3.52%, monthly rate 441.58,- makes a monthly rate of 1000.58,- My question is what do you think of the offers. Bank 2 has lower interest rates, but the monthly burden is higher. I hope you can give me a tip. Thanks in advance!!! Regards

At first glance, the 2nd offer, as the repayment is significantly higher, which can only be to your advantage!

hm, overall very high!

1. Enter the data at Ing-Diba and request an offer.
2. There is a KFW124 program with a 35-year term. This lowers the repayment a bit and gives room for repaying the expensive loans.
3. Present Ing-Diba offers to the house bank and renegotiate.

Good luck