Construction financing?

Hello Lurker,

many things are feasible; based on experience, it always depends on the concept.
First, check whether the construction company has worked "cleanly" so far.
Then you should see which bank can play along with your budget, regional banks can usually assess risks well and sometimes "go beyond their limits." Alternatively, you can also fall back on other models, for example, real estate program 2.75.
I also agree with Parcus; check carefully whether it is a Kfw55. If in doubt, hire an architect to recalculate everything. Otherwise, it would be very unpleasant to have to deal with additional financing after the house is built because Kfw is no longer cooperating and then have higher costs.
You don't have to calculate all costs on a monthly basis (AutoVS, tax, etc.); banks have household allowances per person for this. These vary from bank to bank.

for further questions:
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Hello Lurker,

You don't have to calculate all costs down to the month (car insurance, taxes, etc.); banks have household allowances per person for that.

Hello,

this statement is not correct!:mad: Although every bank has household allowances, they are usually valid for the average citizen. Our family consumes more than the bank indicates! It solely depends on the standard of living! Therefore, compare income with expenses and then you know where you stand!

Regards relex

Hello relex,

from the position of "how much can I afford?" you are completely right. :-)
I just happened to have thought a bit further about to what extent a bank would support financing.
Topic: flat rates, variations, alternatives, etc.

Regards and happy 1st Advent
Denstan