Construction project, estimate construction costs?

2015-04-09 15:50:34

Wow! I was also a student and know how to manage efficiently – but that has nothing to do with saving and "living"! Such a somewhat arrogant statement. Are you going to take over your parents' company? How is it looking there? One thing is to get the financing (possibly before starting as self-employed), the other is the actual income that will then come. Is the company doing well? Are there fluctuations, etc.? You have to decide that for yourself and be sure that you can afford to pay yourself that much money monthly (4000 net is about 8000 gross for the company).

I don’t quite understand why you feel attacked. We are currently fine with 300 € a month, they definitely didn't have that before I started studying. I had little money at the time and learned to manage it as effectively as possible. Where is the problem?

And – please don’t take this personally – the financial situation of the company is none of your business. As a self-employed person, you always bear a higher risk. Our family business has existed for over 40 years, we can assess the financial situation quite well.

2015-04-09 15:57:54

Without high collateral, banks are rather reluctant to lend money to self-employed individuals, please keep that in mind... although you should already inquire in advance at a local bank.

2015-04-09 16:10:54

Please just stick to the topic. I have no desire to continue talking about my financial situation. Wild speculations are being made here. Now I even have to listen to the fact that there are economic fluctuations and how high my gross income should be... Maybe someone will now also enlighten me that the Earth is round.

2015-04-09 16:26:58

Alright then, fine: everything's great and awesome, it'll work out, fantastic! Honestly, what do you want to hear? You say you want to build and have money and are thrifty... you're a good one. Or what? Your house costs money, €1500 per sqm + land + ancillary building costs. Just do the math, but you don't need to post here for that... Or just skip the prose and ask for a cost estimate for house X

2015-04-09 16:35:12

Honestly, what do you want to hear?

The plan is a relatively low rate of about
€1200 per month. We prefer to save the remaining money on the side
to have a financial buffer.
If everything goes well, special repayments are to be made with it, or they will be used for the follow-up financing after about 15 years. The term may well be 30-35 years.
[...]

Unfortunately, I can hardly estimate what a
house of this size costs.
I roughly estimated:
House €300,000
Land €80,000
Additional costs: €35,000

Is this a realistic plan?

2015-04-09 16:45:54

-.- I advised you to go to the bank to see what interest surcharges you have to pay as a self-employed person. That will strongly affect your rate and feasibility... you didn’t want to hear that.

Construction project, estimate construction costs?

chris87

Legurit

chris87

Legurit

chris87

Legurit