Henrik0817123
2016-05-18 14:07:14
- #1
By "inside" I first mean the essential things like floors, walls, tiles, etc... Everything that would be difficult to change later. We’ll initially take the direct furniture with us. We don’t need all the rooms at first – we just want to use the interest-only period and be done by retirement, that’s now and right now we pay a lot of rent. If I save for 5 years, in the end it just doesn’t add up anymore.
It goes without saying that it would have been better to save 5 years ago, but what’s done is done.
I know that then the cash flow will be tight, that the vacation will probably take place at grandma’s or in the garden rather than somewhere else... all totally clear and totally independent of the budget, because you always need the money. With a bigger budget, the house would be even more expensive, so it would be gone again.
Job – if I didn’t have high budget responsibility, I would be considerably overpaid. But that’s a good example, we’re not a government agency... if everyone at our company acted completely correctly, then our industry, the company, and everything else wouldn’t work well and we wouldn’t have this success. That can be somewhat transferred to the private project.
And of course, we’re not calculating as if we have two full salaries available for the entire financing, it’s really shocking how naive I must come across here. Unbelievable.
Worst case scenario: my wife doesn’t work at all anymore, or I don’t, it doesn’t matter, salaries are currently pretty much identical – due to the tax class, one salary would be correspondingly higher – we could also live off that with the sums calculated here. We could pay off the house and it surely wouldn’t be nice, but we wouldn’t be insolvent either.
Such a scenario also certainly wouldn’t last long and would have to result from a dismissal, so accordingly severance pay etc... so a lot really has to go wrong. RLVs are already there with over 300k each for 25 years, what’s still missing is BU, which will cost a bit more, but in the first "critical" years, given our starting position, it’s probably indispensable.
It goes without saying that it would have been better to save 5 years ago, but what’s done is done.
I know that then the cash flow will be tight, that the vacation will probably take place at grandma’s or in the garden rather than somewhere else... all totally clear and totally independent of the budget, because you always need the money. With a bigger budget, the house would be even more expensive, so it would be gone again.
Job – if I didn’t have high budget responsibility, I would be considerably overpaid. But that’s a good example, we’re not a government agency... if everyone at our company acted completely correctly, then our industry, the company, and everything else wouldn’t work well and we wouldn’t have this success. That can be somewhat transferred to the private project.
And of course, we’re not calculating as if we have two full salaries available for the entire financing, it’s really shocking how naive I must come across here. Unbelievable.
Worst case scenario: my wife doesn’t work at all anymore, or I don’t, it doesn’t matter, salaries are currently pretty much identical – due to the tax class, one salary would be correspondingly higher – we could also live off that with the sums calculated here. We could pay off the house and it surely wouldn’t be nice, but we wouldn’t be insolvent either.
Such a scenario also certainly wouldn’t last long and would have to result from a dismissal, so accordingly severance pay etc... so a lot really has to go wrong. RLVs are already there with over 300k each for 25 years, what’s still missing is BU, which will cost a bit more, but in the first "critical" years, given our starting position, it’s probably indispensable.