Construction financing for a large family house

2017-03-10 11:40:15

Ok, all the better for the TS, then thanks for the correction.

2017-03-10 11:48:03

I will put a few thoughts and questions out there: When changing the object: The existing loan will be kept until the end of the term. Is that correct? Additionally, a new one is needed for the gap/additional effort for the new construction. Is that correct? Then there are different conditions for the second loan than if you take a large loan. Additionally, you want the KfW loan. You may possibly have three different terms. In short, regards

2017-03-10 11:48:20

well, what one can and wants to afford is always hard to judge. you probably won't be able to manage an overseas vacation with the salary + pay off the property. you have to think about that. after all, you are in the middle of life.

otherwise, is the net income also adjusted for [PKV]?

2017-03-10 12:33:17

Is net, health insurance already deducted. And yes, with child benefits, therefore household income. And it is mostly one income; mine is currently almost idle due to parental leave. But I have a permanent contract and will - as after every child - soon work more again.

Vacation: we have been camping for years, that suits us.

Overdraft: is of course not always like that. I have explained.

We have been paying 1100 euros without problems for 8 years and (have) renovations done. It runs well.

House size: targeted are 180 sqm, well divided.

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2017-03-10 12:44:36

It is net, health insurance already deducted. And yes, with child benefit, hence household income. And it is mostly one income; mine is currently almost at a standstill due to parental leave. But I have a permanent contract and will - as after every child - soon work more again.

Vacation: we have been camping for years, that suits us.

Overdraft: of course, it’s not always like that. I have explained that.

We have been paying 1100 euros without problems for 8 years and (have) renovations done. That works well.

House size: we aim for 180 sqm, well laid out.

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Ok. But 180 sqm really isn’t a large family house. Most people probably build that rather with 2 children. You can probably calculate about 330k for 180 sqm plus additional building costs, garage/carport, plot, outdoor facilities, etc....

2017-03-10 12:51:45

Large family house: house in which an extended family lives
Here with us most build 130 to 150 sqm. 180 is already large.
We want children's rooms with just 10 sqm each, so that should work.

At the moment we live in 160 sqm, which is disadvantageously divided for us

Ypg yes, that's how it should work. Plus the Wohnriester to pay off, which will be around 70,000-80,000 in 10 years. In 18 years, for example. There would of course be a bit more on it

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Construction financing for a large family house

Silent010

ypg

HilfeHilfe

Arifas

Steffen80

Arifas