Evaluation of Real Estate Financing for Existing Property

There are a total of two apartments that we will combine.

Great! Sounds very good as well.

Great! Sounds very good as well.

Thank you! I am happy about the feedback here and it has confirmed once again that we are doing the right thing. The draft contract from the notary arrived yesterday as the last letter of 2020... , When everything is settled, there will be more details again.

Rent for the house (680,- Euro)
[..]
Total: 230 T€

That would be 28 annual rents. I personally find that okay.

But if there is a second residential unit, then that would only be 14 annual rents or at least something well below 28? In that case truly a bargain.

We are currently renting the apartment on the ground floor for 680 euros, but have the garden included. So it would actually be about 20 annual rents. ;)

Hi, sounds good, I would also jump on that immediately if the location is right. But since you already live there, it should fit. But I would include a special repayment option. And also pay off more if possible. Income is okay too. Regards Olli

I would contact intermediaries and fix the financing for 15-20 years at this historic low interest rate.