Pay off a fixed deposit or property? More returns for property owners thanks to high fixed-term deposit interest rates, according to Check24.

Ein Rechenbeispiel von Check24 zeigt, ob es sich mehr lohnt, Geld auf dem Festgeld anzulegen oder einen Kredit für die Immobilie abzubezahlen. Laut Check24 lohnt sich aufgrund der aktuell hohen Zinsen auf Festgeld die Eröffnung eines Sparkontos mehr als eine Sondertilgung für Immobilienbesitzer. Mit einem Festgeldkonto können höhere Zinsen erzielt werden, als durch eine Sondertilgung an Zinskosten eingespart werden könnten.

A calculation example from Check24 shows that property owners could save a few installments and a total of 4,685 euros through a special repayment of 50,000 euros. However, by investing the 50,000 euros in a German fixed-term deposit account with 4% interest per year, you could achieve a return of 10,833 euros after five years. After deducting taxes, there is a total return of 9,375 euros and thus a saving of 4,690 euros compared to the special repayment.

In order to receive the highest interest rates, savers can search for current offers in the BÖRSE ONLINE fixed-term deposit comparison. There are currently high interest rates of up to 4.20% with a term of 5 years. For example, the French bank Credit Agricole offers 4.20% per year for 5 years.

However, it is recommended not to invest the entire capital in the fixed-term deposit, as it is tied up there for the selected term. It is advisable to invest a significant amount in your daily money so that you can access the money quickly.

According to a report by www.boerse-online.de