Financing home ownership and possibly insurance

I don't see any. :rolleyes:

I have an offer with a 10-year KFW component (100k at 1.01% effective) and 430k for 20 years at 1.52% effective. With a total rate of 1640 euros. There is also an insurance for death/illness included (10 years duration, 150k in case of death, 20k for illness (one-time, which I find pretty useless). As it looks, the insurance would not be sufficient. So probably best to take out insurance separately. My wife will sooner or later earn something extra… she is just starting now, but that will not be enough if she were the main earner. The question is, does it make sense to include her in the financing if she currently earns practically nothing, or is it enough if the financing is only in my name? Of course, we will both be in the land register.

How exactly is the process of buying a house? I have an appointment with the financing broker next week. Is the appointment with the notary only made once the bank gives the green light? The broker told me that he would like to arrange the appointment already, but if I don’t yet know exactly what the offer looks like, then I wonder if that makes sense.

We are taking out a 600k loan and have secured my husband this way (sole earner) - 400k RLV fixed for 20 years - 300k RLV decreasing over 20 years - 2 disability insurances + accident insurance (you have that too).

Please keep in mind that when taking out an RLV with an insured sum over 500k, you have to undergo an extensive health examination (blood test, urine test, comprehensive health questionnaire, etc.).

That's quite cute. How did you secure yourself? If something happens to you (seriously ill or dead), he can no longer work at full capacity but will have to cut back significantly because of the children.

that's quite cute. How have you insured yourself? If something happens to you (seriously ill or dead), then he can't work full-time anymore but will have to cut back significantly because of the children.

300k term life insurance for me and some cash as a reserve. There is one child.
When I listen around our circle of acquaintances, I don't think that's so little. Everything has to be paid for. And if necessary, things will be sold. You can't insure every risk in life.

300k RLV for me and some cash as a reserve. A child is here. When I ask around in our circle of acquaintances, I don't find that so little. Everything has to be paid for. And if necessary, things will be sold. You can't insure against every risk in life.

Yes, it would have been good to mention that not only the man but also you were insured...

Is the appointment with the notary only made once the bank gives the green light? The real estate agent told me that he would like to arrange the appointment already, but since I don't know exactly what the offer looks like yet, I wonder if that makes sense.

And what will you do if you don't get the green light? "He who orders the music pays for it" also applies to notaries.