ROWI291991
2020-05-02 22:20:33
- #1
Hello everyone!
My wife and I are currently planning to build a house.
We already have an offer from the builder as well as from the bank. Now we want to double-check and hear your opinions.
Income:
- Man: 2500 Euro net (13 salaries)
- Woman: 2700 Euro net (12 salaries)
Total: 5200 Euro net, child planned next year.
The construction project with KFW funding) including incidental costs etc. costs in total: 375,000 Euro
Equity: 60,000 Euro
Loan accordingly still: 315,000
Financing offer:
- KFW loan: nominal/ effective 0.95% / 0.98%, 120,000 loan amount, 10 years fixed interest period, monthly: approximately 400 €
- further loan: nominal/effective: 1.54% / 1.57%, 195,000 loan amount, 15 years fixed interest period, monthly approximately 700 €
--> mixed interest rate**: 1.31% / 1.34%, repayment rate: 3%
Monthly loan amount: approximately 1100 €
We have another offer with mixed interest rate**: 1.17% / 1.20%. However, this will fail due to the mortgage lending value assessment.
Is all this realistic or what do you think? Many thanks for your feedback!
My wife and I are currently planning to build a house.
We already have an offer from the builder as well as from the bank. Now we want to double-check and hear your opinions.
Income:
- Man: 2500 Euro net (13 salaries)
- Woman: 2700 Euro net (12 salaries)
Total: 5200 Euro net, child planned next year.
The construction project with KFW funding) including incidental costs etc. costs in total: 375,000 Euro
Equity: 60,000 Euro
Loan accordingly still: 315,000
Financing offer:
- KFW loan: nominal/ effective 0.95% / 0.98%, 120,000 loan amount, 10 years fixed interest period, monthly: approximately 400 €
- further loan: nominal/effective: 1.54% / 1.57%, 195,000 loan amount, 15 years fixed interest period, monthly approximately 700 €
--> mixed interest rate**: 1.31% / 1.34%, repayment rate: 3%
Monthly loan amount: approximately 1100 €
We have another offer with mixed interest rate**: 1.17% / 1.20%. However, this will fail due to the mortgage lending value assessment.
Is all this realistic or what do you think? Many thanks for your feedback!