Construction financing with/without building savings plan

With 2 children, I am allowed to have €105,000 taxable income. That would be about €8,750 gross monthly. I think you could easily make €2,000 monthly with that. So these things do not necessarily exclude each other...

With 2 children, I am allowed to have €105,000 taxable income. That would be about €8,750 gross monthly. I think you could easily make €2,000 monthly with that. So these things don’t necessarily exclude each other...

We have €8,500 gross but without children, I also find €2,000 here quite steep but certainly manageable. I forgot that the taxable income is raised again for each child, thanks for the explanation.

Not to be neglected are also the effects:

small children --> less adult free time --> less spending, more sandbox playing
or
small children --> dirty the car --> driving an old banger

;-)

With 2 children, I am allowed a taxable income of €105,000. That would be about €8,750 gross monthly.

Taxable income and gross income are, however, a huge difference, especially for a family of four. Child allowances, childcare costs, work-related expenses... you can deduct all of these from the gross income. For us, that is a not insignificant five-figure amount. The income of a family still eligible for benefits should therefore be significantly higher than the €8,750 gross income.
I therefore consider the €2,000 not unrealistic.

1.61 over 15 years is not exactly amazing. It can be cheaper, keep looking around

What loan-to-value ratio are you referring to with your statement?



Without knowing the costs – and thus the loan-to-value ratio – both offers cannot be assessed.

I also don’t really recognize the offer properly, or rather, I can’t quite interpret it. Are 430,000 euros needed?

What advantage is hoped for by choosing the local bank on site (however, I am building on my own and need here and there uncomplicated procedures for the disbursement)?