Steffen80
2014-11-18 22:42:53
- #1
Hello
for house + land we need approx. 700,000 EUR (all-in). Equity available: 230,000 EUR of which a max. of 190,000 EUR should be used.
We can get 480,000 at 1.85% for 10 years. 1% repayment and at least 12,000 EUR p.a. special repayment.
Everyone tells me: No problem...do it! Interest rates are super low...everything great
I think: Better save for another 2 to 3 years
BUT: Will the interest rates stay like this or fall further? Will construction costs rise? Many unknowns..
A few experiences would interest me.
for house + land we need approx. 700,000 EUR (all-in). Equity available: 230,000 EUR of which a max. of 190,000 EUR should be used.
We can get 480,000 at 1.85% for 10 years. 1% repayment and at least 12,000 EUR p.a. special repayment.
Everyone tells me: No problem...do it! Interest rates are super low...everything great
I think: Better save for another 2 to 3 years
BUT: Will the interest rates stay like this or fall further? Will construction costs rise? Many unknowns..
A few experiences would interest me.