Assessment of financial framework

@toxicmoloto

Wrong, simply wrong! In the household calculation, the child (with Ing-Diba it is really the only bank I know that does it differently) receives a flat rate - which you also mentioned - but at the time of the financing application, the child benefit counts - without proof, by the way - as sustainably applicable income!!! That means receiving the child benefit fully positively influences the household calculation for the loan approval as income!!!

The daycare fee is even slightly rounded up. We currently pay (7:30 a.m. to 12:30 p.m.) €88.50 plus about €10 drink flat rate. The amount will of course double with a second child. With full care until 4:30 p.m., the amount including lunch could rise to up to €220. But it doesn't matter because my wife will only work from 7:45 a.m. to 12:00 p.m. And yes, that all works because we are already doing it exactly like that. School, daycare, planned building plot are all within a radius of 5 km.

I really don’t see the care costs exploding here. The costs go down again when the children move from daycare to kindergarten.

Ok, then be glad that the care costs are so low and manageable. Here, the kindergarten costs tiered by income for children over 3 are up to €410/month, under 3 even up to €495/month, and lunch is an additional cost on top.

Best regards
Dirk Grafe

Can someone please help me and tell me how I can start a PM or conversation? I was already able to enter something in the field, but when I want to send it away (UNterhaltung beginnen), my file folder always opens and the message wants to have a file attached.

Does the forum glitch like this for you too? Scrolling is sometimes really slow, and sometimes I can't click on something on the page, but if I scroll a little, it works then.

Have I set something wrong or am I doing something wrong with the operation of the forum - apart from always responding directly and clearly?

Thanks for the help.

Are you talking about the current debt service capacity or the debt service capacity during the entire expected loan term as provided by the WIKRL?

I expect you to correct your statement, apologize, and not spread half-truths.

"For consumer real estate loan agreements, the credit institution must thoroughly examine the creditworthiness of the borrower based on necessary, sufficient, and appropriate information regarding income, expenses, as well as other financial and economic circumstances of the borrower. In doing so, the credit institution must adequately consider factors that are relevant to assessing whether the borrower is likely to meet their obligations under the loan agreement." Excerpt from Par. 18a KWG

This requires not only the current ability but also the future development, which must be adequately considered. This naturally applies to income as well as expenses (as I described above).

*In the case of a family, father 40 years old main earner, and two children aged 10 and 15 years, a loan term of 30 years, assuming child benefits in the cash flow sustainably for longer than 10 or 15 years is just as negligent as ignoring a possible income reduction in the last 5 years if there are no good reasons for it.

*Exemplary example

Thank you for letting my thread completely drift off topic here

I am not interested in any exemplary examples that are 1000 miles away from my personal situation, nor what you have to pay elsewhere for your children, sorry..

Once again, a clear statement: child benefit is considered and evaluated by most banks - almost all - as sustainable income at the time of applying for financing.

If the child is excluded from the household calculation and thus must be deducted, which is the case with an existing loan, the child benefit is no longer needed as sustainable income. The bank can request and demand information about the borrower’s financial situation at any time, and changes in the financial situation must be reported to the bank..........but......

Further and more in-depth statements and explanations on the subject do not play a role here. It bores the users, as these internal processes - especially the implementation of the Residential Mortgage Credit Directive - are far too complex for me to explain them here now!

I’m annoyed by your interpretation of the Residential Mortgage Credit Directive, sorry! Also having to keep clarifying endlessly and especially doing the OP no favor at all!