Flowerpower
2020-02-25 21:55:38
- #1
Hello everyone,
I have been a silent reader for a while. Now the unexpected opportunity has arisen to purchase an existing property near Darmstadt. Since we are relatively uncertain whether we have a sensible and good financing offer, I would like to ask for your opinion.
Key data:
He, 31, net €3,600, 13 salaries
She, 29, net €2,400, 13.5 salaries
Not married, planning children in about 2 years.
Purchase price: €600,000 + €50,000 modernization (full financing)
Additional purchase costs: €82,000 (through equity)
Due to the high amount and interest rate change risk, a split is planned:
€193,000 building savings contract 30 years (15 years fixed interest 0.72%, from the 16th year 1.25%)
€447,000 bank loan (15 years fixed interest 0.93%, 2.66% repayment)
Annuity is about €2,005.
Is a more sensible combination advisable? Are there possibly better offers?
Thank you very much for your valuable input.
Best regards
Lars
I have been a silent reader for a while. Now the unexpected opportunity has arisen to purchase an existing property near Darmstadt. Since we are relatively uncertain whether we have a sensible and good financing offer, I would like to ask for your opinion.
Key data:
He, 31, net €3,600, 13 salaries
She, 29, net €2,400, 13.5 salaries
Not married, planning children in about 2 years.
Purchase price: €600,000 + €50,000 modernization (full financing)
Additional purchase costs: €82,000 (through equity)
Due to the high amount and interest rate change risk, a split is planned:
€193,000 building savings contract 30 years (15 years fixed interest 0.72%, from the 16th year 1.25%)
€447,000 bank loan (15 years fixed interest 0.93%, 2.66% repayment)
Annuity is about €2,005.
Is a more sensible combination advisable? Are there possibly better offers?
Thank you very much for your valuable input.
Best regards
Lars