Silent010
2016-08-10 16:14:51
- #1
Hello dear forum community,
we intend to purchase a plot of land for the construction of a house with the following framework conditions. How do you see the sustainability and is the ratio of income/investment/equity "okay"?
He+She: late 20s. Joint net income 3,900 EUR (ratio 55% to 45%)
Plot including development and ancillary purchase costs: 120 TEUR
House construction including incidental costs: 300 TEUR
Kitchen+fireplace 20 TEUR
= Total investment: 440 TEUR
Equity: 140 TEUR
We generally live very frugally regarding our (luxury) living expenses (vacation, going out, leisure etc.), so not the essentials (car, insurance etc.).
Many thanks for your assessments.
we intend to purchase a plot of land for the construction of a house with the following framework conditions. How do you see the sustainability and is the ratio of income/investment/equity "okay"?
He+She: late 20s. Joint net income 3,900 EUR (ratio 55% to 45%)
Plot including development and ancillary purchase costs: 120 TEUR
House construction including incidental costs: 300 TEUR
Kitchen+fireplace 20 TEUR
= Total investment: 440 TEUR
Equity: 140 TEUR
We generally live very frugally regarding our (luxury) living expenses (vacation, going out, leisure etc.), so not the essentials (car, insurance etc.).
Many thanks for your assessments.