alexxenia4816
2019-08-26 16:39:19
- #1
Dear community,
After finding a rough starting point through another thread, we are now wondering how to approach financing.
We are both (currently 19 & 20 years old), married, have a positive credit record, no ongoing loans, and earn a combined net income of €3800. We have permanent contracts with an automobile manufacturer.
Our current monthly expenses:
- 2 cars: €800
- Apartment: total €625 (including electricity, DSL)
- All existing insurance: €191
- [GEZ]
- Subscriptions: €9.99
- Mobile phone contracts: €55
The rest remains for fuel and food.
Since we are so young, we have no equity. We are aware that the repayment will be more expensive than normal.
But do we have a chance to finance WITHOUT equity (land and house approx. €450,000)?
Has anyone financed without equity, if so, with whom?
Thank you!
After finding a rough starting point through another thread, we are now wondering how to approach financing.
We are both (currently 19 & 20 years old), married, have a positive credit record, no ongoing loans, and earn a combined net income of €3800. We have permanent contracts with an automobile manufacturer.
Our current monthly expenses:
- 2 cars: €800
- Apartment: total €625 (including electricity, DSL)
- All existing insurance: €191
- [GEZ]
- Subscriptions: €9.99
- Mobile phone contracts: €55
The rest remains for fuel and food.
Since we are so young, we have no equity. We are aware that the repayment will be more expensive than normal.
But do we have a chance to finance WITHOUT equity (land and house approx. €450,000)?
Has anyone financed without equity, if so, with whom?
Thank you!