scd50229
2018-01-19 20:27:08
- #1
Dear forum community,
after several months of quietly reading along, I would now like to ask for advice regarding our future course of action.
About us:
married, both civil servants
so far one child, a second is planned
A move with two children in the foreseeable future is definitely upcoming, as the apartment is simply becoming too small. We therefore wonder what would be smarter: buying/building or renting.
Currently, the equity capital is about €70,000 – however, we have only been working for two and three years respectively since completing our traineeship and during that time got married, traveled, and sometimes had two apartments. In case we decide to build, the equity would be completely used for the plot of land. The house should then be financed. We have calculated a monthly installment of €1,500, which should be manageable if both work part-time or one part-time and the other full-time.
No debts, two cars paid in cash with 50,000 km and 40,000 km mileage respectively
Income: in full-time (tax class IV) per person about €3,400 net minus private health insurance (for four people about €600); if only one works, the income in tax class III with two children should be about €3,900.
Christmas bonus of 70% of one month’s salary
We wonder whether our income or its security is sufficient to dare the project "house construction/purchase" or whether we should rather save for a few more years. Currently, we can save about €2,000-2,500 monthly due to the comparatively low rent. In case of a move, for example into a rented house, only about €1,200 could probably be saved monthly.
Many thanks in advance for any suggestions and advice.
after several months of quietly reading along, I would now like to ask for advice regarding our future course of action.
About us:
married, both civil servants
so far one child, a second is planned
A move with two children in the foreseeable future is definitely upcoming, as the apartment is simply becoming too small. We therefore wonder what would be smarter: buying/building or renting.
Currently, the equity capital is about €70,000 – however, we have only been working for two and three years respectively since completing our traineeship and during that time got married, traveled, and sometimes had two apartments. In case we decide to build, the equity would be completely used for the plot of land. The house should then be financed. We have calculated a monthly installment of €1,500, which should be manageable if both work part-time or one part-time and the other full-time.
No debts, two cars paid in cash with 50,000 km and 40,000 km mileage respectively
Income: in full-time (tax class IV) per person about €3,400 net minus private health insurance (for four people about €600); if only one works, the income in tax class III with two children should be about €3,900.
Christmas bonus of 70% of one month’s salary
We wonder whether our income or its security is sufficient to dare the project "house construction/purchase" or whether we should rather save for a few more years. Currently, we can save about €2,000-2,500 monthly due to the comparatively low rent. In case of a move, for example into a rented house, only about €1,200 could probably be saved monthly.
Many thanks in advance for any suggestions and advice.