I don’t want to just put the topic to rest. It can’t be that everything depends on this equity. Other families also build and have significantly less available.
How do you want to know how much they had? Very few are honest about their financial injections. No one mentions money that they have not diluted themselves.
But I’m just afraid they’ll laugh at me because of this E
Well... it doesn't matter whether or who is laughing if you don’t start crying during the house construction because the financing just isn’t working out.
It is what it is. Once you have a consumer loan, the banks count this toward your living expenses. Accordingly, you get less money and more sideways glances. The consumer loan doesn’t stay under the table; the financer definitely sees it...
Alternative without local model 480,000 for the plot but we have an offer for a turnkey timber frame house 180k minus electrical, floors, doors, and tiles. I’m doing that myself. Another 20k can be saved.
Turnkey without this and that.
No, honestly: what kind of bait is that again? Is the foundation slab included? How much are the incidental construction costs calculated? Outdoor facilities also go into equity, but materials still have to be bought. Usually a new car is needed after the many self-transports... oh. I don’t even want to go into detail explaining that building a house with too tight funds hardly works.
Everyone here who has built knows how important a financing buffer is.
They are not juggling with real numbers at all here: first make a calculation, then calculate a realistic loan (consumer loans are also scams as far as I’ve heard), talk to a financing expert, and take off the rose-colored glasses.