Construction financing - Uncertain despite financing calculator

  • Erstellt am 2013-11-09 19:33:20

dog14

2013-11-10 10:16:32
  • #1
Hello
Well, then there are probably a lot of pessimists here too because when you read other posts, some also have more equity and similar earnings as sole earners, but whatever.
Still, thanks for the posts.
Best regards
 

ypg

2013-11-10 10:26:51
  • #2


Of course there are doom-mongers – one out of ten always is. With similar income, I maybe read 1-2 in the last few months... Equity is unfortunately not everything. Nice if you have it, but with a high steady salary you ultimately have more leeway in financing.
With your post I had the feeling you are one of the 10 ;)
 

dog14

2013-11-10 10:54:05
  • #3


Hello No, I am not one of those pessimists :-) And my initial question was not whether I can afford it but what is roughly possible and reasonable with my given conditions. I know I earn well and that the prices for plots in our area are rather low per sqm. And I am also grateful for normal answers.
 

HilfeHilfe

2013-11-10 12:15:28
  • #4
Hello

as others have already said, it makes sense to take a look at the market now. The conditions are TOP for you. Even if one salary temporarily disappears.

The only drawback is that one does not know where the interest rate market is going. Even though the ECB has just cut again.
 

emer

2013-11-10 15:22:01
  • #5
On average, the rule is: For every €500 per month, you get a €100,000 loan.

The money to the bank is not everything. Other fixed costs are: incidental house costs (electricity, property tax, water, fees, insurance reserves, etc. etc.).

In addition, living incidental costs such as retirement provision, insurance, taxes, [GEZ], car(s).
If children are planned, they need more than just air and love during the day.

With €3,800 p.a. alone, €1,500 p.m. to the bank can already be too much. Depending on lifestyle.

I always recommend: open a table, include ALL costs, and see how much is left over. Above all, you should be honest with yourself. Don’t underestimate costs and don’t overestimate yourself. I bet the number that comes out then is more surprising than the one that came out when roughly calculating in your head. If not, then just try again a few days later, because then something was forgotten :)

Best regards
 

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