martinh1337
2020-09-17 17:56:02
- #1
Hello everyone
My girlfriend and I are planning to build a house, and I would like to hear some opinions and think that I am exactly right here, but first about us!
Me 29, her 25
Net income: me 2100, her 1700, both secure jobs
No children
Expenses: about 2200 euros fixed costs (including fuel, all insurances, groceries, eating out, etc.)
The rest remains in the account
Currently living in our own debt-free condominium
Equity: about 60k euros (but this should not appear, rather for work that has to be paid under the table, for example, and furniture, etc.)
So, about our plan
House construction, plot available approx. 1350 sqm
House bungalow approx. 175 sqm
Planned costs house approx. 280-300k
Question one: since the plot has an extremely good location and no immediate neighbors and is still location-independent, I would estimate the price per sqm at about 80-100 euros in our region. Shouldn't this positively influence the interest rate because if everything were to go wrong, the bank would have a mega house on a mega plot, or is this more or less irrelevant?
Question two: we plan about 1000 euros per month as a payment (+- 100€). Is such financing realistic for example with 300k and the current interest rates (hope under 0,XX%) or will we have problems with every bank^^?
Question three: is there only the "I submit an invoice and receive money" or "shell construction is finished, 25% of the amount is paid out" principle, or does anyone have loans that are simply fully paid out and done?
I would be happy if someone could give me tips on current financing and how the situation is right now
My girlfriend and I are planning to build a house, and I would like to hear some opinions and think that I am exactly right here, but first about us!
Me 29, her 25
Net income: me 2100, her 1700, both secure jobs
No children
Expenses: about 2200 euros fixed costs (including fuel, all insurances, groceries, eating out, etc.)
The rest remains in the account
Currently living in our own debt-free condominium
Equity: about 60k euros (but this should not appear, rather for work that has to be paid under the table, for example, and furniture, etc.)
So, about our plan
House construction, plot available approx. 1350 sqm
House bungalow approx. 175 sqm
Planned costs house approx. 280-300k
Question one: since the plot has an extremely good location and no immediate neighbors and is still location-independent, I would estimate the price per sqm at about 80-100 euros in our region. Shouldn't this positively influence the interest rate because if everything were to go wrong, the bank would have a mega house on a mega plot, or is this more or less irrelevant?
Question two: we plan about 1000 euros per month as a payment (+- 100€). Is such financing realistic for example with 300k and the current interest rates (hope under 0,XX%) or will we have problems with every bank^^?
Question three: is there only the "I submit an invoice and receive money" or "shell construction is finished, 25% of the amount is paid out" principle, or does anyone have loans that are simply fully paid out and done?
I would be happy if someone could give me tips on current financing and how the situation is right now