Error in financing?

They trust the advisor, the installments, they don't care if there is uncertainty after 15 years and maybe even pay more than they can actually afford.

At the moment, you are exactly the one you are describing.

Why does everyone always think that you are taking on too much with every bill?

So why are you here in the forum? To hear/read from everyone: Yes, do it?

But I gladly hand over the floor to our bankers here again and will stay out of this thread.

Sorry, I'm signing off. Our Henrik with the huge income, endless consumption, little loans hanging around wants to dive into the big sea with the big fish. It’s getting more and more ridiculous how everyone justifies everything nicely: "oh dear yes, there was still that 20k something loan." You should slowly realize that aside from the financing, additional costs also have to be paid. Are the 425k actually including acquisition incidental costs or does the lady still have to invent a small loan? Sorry, I'm starting to laugh myself silly.

Are included with additional costs and also a buffer for outdoor facilities, double burden, etc.

Now it seems the arguments are running out as users disconnect and laugh weakly. That only confirms it for me.

And yes – with certain things at a certain point, I do expect someone to write that it now fits, etc.

But once someone is targeted, I guess that's just how it is.

I did not ask for a financing evaluation but wanted to understand these three components. The EKED was completely clear to me in the calculation, so I left it out. What does that matter? Of course, I have it included in my overall calculation?!?!

Are included with additional costs and also a buffer for outdoor facilities, double burden, etc.

It seems the arguments are running out now when users log off and chuckle. That just confirms me.

And yes - at certain points with certain things, I do expect someone to write that this now fits, etc.

But once someone is targeted, then it is probably like that.

I did not ask for a financing assessment but wanted to understand these three components. The EKED was completely clear to me in the calculation, so I left it out. What does that matter? Of course, I have it included in my overall calculation?!?!

Ok, you are right, you are doing it. Do you feel better now?

Equity supported by an external (private) loan belongs to the repertoire of tricks of every good advisor (under very specific conditions!!!).

In other words, it is absolutely low-class to describe this behavior as common or even normal.

Of course, it makes sense to simply add another loan when financing a house, with various private, student, 0% financings.

I thought I was crazy and took a lot of criticism here back then, but compared to this portrayal, I am harmless.

You are confusing a few things tremendously here. A proper annuity loan, say fixed for 30 years, will always be cheaper than any building savings contract construct.

And if you think such a private loan is the ultimate trick... then just include this portion in the repayment of the annuity loan.

No words.

You didn’t understand something. Banks cannot finance over 100%, therefore the ancillary costs, like the 20k here in a private loan, are included so that the rest is 100%.

Are you pretending to be stupid on purpose?

I include that completely normal and I do calculate the Bauspar contract calculation, see above? Then please read all the posts and not just excerpts. That is and remains cheaper than if I calculate 30 years at 3% or so, because that’s what you would get for 30 years!?

And what don’t you understand about the fact that I will no longer have any other liabilities for the house purchase – how many times does that have to be said???

What on earth is going on here? I pay LESS in total than the rent and other fixed costs for years now – I SAVE money and still pay over 700, 800 euros monthly in repayment... so where exactly is the mistake? On average, including the later periods, almost 1,200 euros for my own assets. That alone I currently pay in rent!!!

This is all calculable – is some of you jealous because you still have 5%? You can only shake your head at that. In the end, 10k more or less doesn’t matter to me at all... therefore, the rest of my private loans are absolutely negligible... Alone what I put into the house, into my assets, after a few months is more than I have in liabilities now.

No more arguments, zero substantiation... yeah yeah just another loan on top, as if the number is what matters... I’m not laughing.

Apparently not everyone understood the Bauspar contract either, I thought I was the ignorant one... but such blanket statements that EVERY normal loan is better than EVERY Bauspar contract construction... well, cheers.