Your opinion on the financing offer

The duration of the fixed interest period is NOT a must, even if it is repeatedly propagated here!

It solely depends on one's own risk appetite, risk-bearing capacity, and interest rate expectations which fixed interest period one chooses.

The guaranteed additional costs in the first years for a longer fixed interest period must be recovered in the following years through significantly increased interest rates.

And I do not see this, at least for the next 10 years. However, this represents my own risk-weighted opinion.

I see it exactly the same way! However, generalized it applies: the shorter the fixed interest period, the higher the repayment.

Those who can currently afford 2% interest + 5% repayment can usually also afford 5% interest and 2% repayment in 10 years (calculated on the initial loan amount).

The duration of the fixed interest rate period is NOT a must, even though it is repeatedly propagated here!

It is solely due to one's own risk tolerance, risk bearing capacity, and interest rate expectations that one decides for which fixed interest rate period.

The guaranteed additional costs of the first years for a longer fixed interest rate period must be recouped in subsequent years through significantly increased interest rates.

And I do not see that happening, at least not for the next 10 years. However, this represents my own risk-weighted opinion.

Well, and that underlines my statement that 15-20 years is a must. It is your own expectation that does not have to come true. If the thread creator starts with 1.65% repayment and wants to build everything on special repayments and a building savings contract, I consider that careless. Here only the small fun bank wants to earn on various products & low repayment.

With every little thing, comparisons are made on the internet, but with such high investments, a house bank is blindly trusted.

If we have interest rates of 4-5% in 10 years, I want to see the thread creator then. Add a nice renovation requirement and he’s already struggling.

But since you know the thread starter just as little as we do, such general statements simply don't make sense. What do you know about how much the OP values security? Do you know how things will continue for the OP after parental leave? Do you know if there are any other securities in reserve?... Etc. etc... And that's exactly why Toxic's statement is absolutely correct.

Thinking about whether the building savings contract is sensible? Yes! Thinking about whether a longer fixed interest period is sensible in this case? Yes! But to generally say there must now be at least 15 or 20 ZB? No!

1) How do you know that it is a Sparkasse? It could just as well be an online provider or another bank/banking group. I recently came across this model at Interhyp.

2) Where does a bank earn more? On a loan that runs for 10 years, 15 years, or even 20 years? I am looking forward to your correct answer.

If we have interest rates of 4-5% in 10 years, I want to see the thread creator. Then add some nice renovation needs and he’s already underwater

And do you think it’s better if you see him with 7% interest in 15 years?

The whole financing business should be calculated through by oneself until the end. In doing so, one can incorporate one’s own expectations regarding interest rate development.

But saying a minimum of 15-20 years across the board is, in my opinion, utter nonsense.

1) How do you know that it is a Sparkasse? It could just as well be an online provider or another bank/banking group. I recently came across this model at Interhyp.

2) On what does a bank earn more? On a loan that runs for 10 years or 15 years or even 20 years? I am looking forward to your correct answer.

1) How do you know that it is a Sparkasse? It could just as well be an online provider or another bank/banking group. I recently came across this model at Interhyp.

2) On what does a bank earn more? On a loan that runs for 10 years or 15 years or even 20 years? I am looking forward to your correct answer.

1. Yes true, it could also be the greed bank. Typical model.

2. If you only make repayments at 1.65%, the bank earns more over 10 years. Especially since refinancing over a long period is currently only possible weakly. After expiration, in most cases the borrower stays with their bank anyway. That also means that the follow-up business is secure. Thanks to the building savings contract, the greed bank has basically refinanced itself cheaply (partially) and even demands a closing commission.

Counter-questions: 1. Does it make sense to conclude a building savings contract that has an interest on credit balances where you lose money due to inflation?
2. Does it make sense to obtain competing offers for classic annuity loans for 15-20 years that may only cost a slightly higher interest surcharge?