Build now or wait until more equity is available?

2016-08-28 22:10:55

super young + no equity (20k EUR you can equate to 0) + rather low income (especially for builders still without children) = definitely do not build.

Rent thrown away money??? Seriously? Then cancel the apartment and live for free in the forest. Very quickly you won’t think anymore that rent is thrown away money

Regards, Steffen

You come across as very likeable again

Since they have a plot of land, there is basically a clearly larger amount of equity. However, I would also prefer to save for another 1-2 years and try to increase the equity so that you get a better interest rate.

2016-08-28 22:11:45

Don’t let yourselves be unsettled. 20k equity and just under 4,000€ net are, in my opinion, not the worst conditions. We are also starting with about 20k equity but with about 4,500€ salaries and also 2 children.

2016-08-28 22:16:20

So our nearly 30,000 EUR were considered equity - and the house is already standing.

The conditions are not so bad, but there is still a lot of uncertainty - you do not know the burden of a child, you have no idea what you wanted to put there.

Above all, the latter makes it difficult to set a financial benchmark.

2016-08-29 08:25:19

Both have been working since we were 17 years old and have been together for 7 years and have already experienced a lot and know that we want such a project too.

I see the problem more like this! Of all the teenage relationships I know, they all broke up by the latest at 25-26. It is a phenomenon that affects both women and men at the same time, somehow the fear of missing out arises. Yes, I know yours is something special.

2016-08-29 08:42:27

May be naive, but with a child planned and after 7 years of relationship, they may belong to the 50% of marriages that are not divorced.

2016-08-29 08:47:29

You come across as very likeable again

Because they have a plot of land, there is basically a clearly larger amount of equity. However, I would also prefer to save for another 1-2 years and try to increase the equity so that you get a better interest rate.

and you very naive. It says "possibly even a building plot".. that means nothing at all at first! The two want a child and then we're talking about 3000 net, not even considering higher expenses due to the child. Whoever agrees to build a house there should really hold back on advice *shaking head*

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Build now or wait until more equity is available?

zod

Goldi09111

Sebastian79

tomtom79

Legurit

Steffen80