With or without a building savings contract (interesting model)

53k is really not much and after 15 years, something can certainly be "written off".

We will have an outstanding debt of 180k in 14 years. Even with that amount, I sleep very well.

We will have an outstanding debt of 180k in 14 years. Even with that amount, I sleep great.

It always depends on the individual case. So, it’s not so much the amount of the outstanding debt that matters, but the overall situation.

It’s really bad if the burden is already weighing you down today, and nothing has really been paid off until the follow-up financing.

We will have a remaining debt of 180k in 14 years. Even with that amount, I sleep very well.

How come? Just a simple annuity loan? We have a similar case right now. And we plan to reduce the installment a bit, but include a home savings contract that covers the remaining debt. Sounds like a very safe solution for us.

How come? Just a plain annuity loan? We have a similar case right now. And we are planning to reduce the installment a bit, and instead include a building savings contract that covers the remaining debt. Sounds like a very safe solution to us.

We have a total of 370k loan, of which 120k is from family. At the moment I am the sole earner, so with banks we can only repay 2%. Prepayments are only possible on the family loan. Or a little bit to the bank.

Since we are both civil servants, our jobs are secure anyway, even 6% won’t kill me in 14 years.

Wow, you have managed to gather quite a significant amount within the family. How do you handle the repayment? Monthly, as it suits you at the moment? We are also considering accepting support but would prefer not to "involve" anyone from the family. But within the family, the interest rate is obviously the best, 0% :-D I'm still relatively new to the topic. How do I calculate how the monthly installment changes with the remaining debt if the interest suddenly is 6%?