Marc1
2017-08-29 21:30:54
- #1
I won’t go into too much detail and will just briefly summarize:
About the personal:
My girlfriend (22) and I (28), no children, but planned in 3-4 years (1-2), want to build.
We both have permanent work contracts (head of the building authority and process mechanic since apprenticeship at the same company).
Combined income without holiday and Christmas bonuses is about €3,600.
Together, we have about €1,325 left per month.
Rent already deducted, which is €580 warm.
Equity capital €50,000.
From that, we bought the plot of land for €44,000 and paid all costs (property transfer, notary, etc.).
We want to build with a prefabricated house provider in solid construction.
About the house:
House 148 sqm, KfW55, kitchen included (painting and laying laminate done by ourselves, but material costs included), double garage, development costs, surveying, coarse graveling, control shaft, and drainage work = €316,000.
What’s still missing are the exterior facilities; we want to put a fence around the property.
Otherwise, furniture for living room, bedroom, bathroom, hallway would be taken from our current apartment.
Overall, I think we will come to about €330,000, which I would like to take as a loan; the remaining current and saved equity until then would serve as a buffer.
Is the loan affordable?
How would we roughly stand?
About the personal:
My girlfriend (22) and I (28), no children, but planned in 3-4 years (1-2), want to build.
We both have permanent work contracts (head of the building authority and process mechanic since apprenticeship at the same company).
Combined income without holiday and Christmas bonuses is about €3,600.
Together, we have about €1,325 left per month.
Rent already deducted, which is €580 warm.
Equity capital €50,000.
From that, we bought the plot of land for €44,000 and paid all costs (property transfer, notary, etc.).
We want to build with a prefabricated house provider in solid construction.
About the house:
House 148 sqm, KfW55, kitchen included (painting and laying laminate done by ourselves, but material costs included), double garage, development costs, surveying, coarse graveling, control shaft, and drainage work = €316,000.
What’s still missing are the exterior facilities; we want to put a fence around the property.
Otherwise, furniture for living room, bedroom, bathroom, hallway would be taken from our current apartment.
Overall, I think we will come to about €330,000, which I would like to take as a loan; the remaining current and saved equity until then would serve as a buffer.
Is the loan affordable?
How would we roughly stand?