Can we afford / finance a house?

  • Erstellt am 2020-08-29 21:03:26

Tassimat

2020-09-01 09:52:32
  • #1
Yeah yeah... I could also kick myself for not having invested my money 10 years ago in leveraged stocks, Bitcoin, gold, and other speculative ventures.
 

Evolith

2020-09-01 11:29:21
  • #2
Quite clear: With your income (I’ll mentally put the inheritance into the property), you won’t even get financing for a small 120sqm place. I had exactly that case (similar constellation) in my circle of acquaintances, and that was in NRW. If the OP goes back to work, things will look a bit more promising. The fixed-term contract could also be your downfall. 2025 is not far off, and depending on what the man does for work, finding a new job somewhere might be difficult or easy. By the way, I would mentally exclude the child benefit. Our bank counted that as special income. If we had had to rely on that, the financing would have fallen through. By the way, we also didn’t get financing back then because I still had one month of parental leave. We could only sign after the month was over.
 

Tolentino

2020-09-01 12:30:24
  • #3
Well, it's not exactly the same, if it were, it wouldn't have been speculation for me, but about 10 years ago I really thought about it, it probably would have been doable and I didn't do it because I preferred to live right in the city in the long run. And I would have had a utility value, aside from the price increase. But you're right, there's no point in regretting such decisions not made. I'm making the best of it now.
 

KEVST

2020-09-03 19:23:23
  • #4
Now I am surprised. Person X, single, with a net income of €3000 per month can theoretically manage a payment of €1600 p.m. according to the bank? I find the 40% rule partly borderline already, but I wouldn't have thought that banks see it even more leniently.
 

Musketier

2020-09-04 07:58:31
  • #5
The 40% rule is also just a guideline for an average income. The more the salary deviates upwards or downwards, the less the rule applies. For a single household, 3T€ on average is already relatively a lot.
 

Scout

2020-09-04 10:04:39
  • #6

are you probably a financing screw-up? If you have to bother people here in the forum about it, then you can't be as good as you claim to be at all
 

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