Financing house construction is feasible

What many forget: If the financing is tight, where is the money for the materials supposed to come from within a year? The 20,000€ from Steffen just for the materials is definitely a bit exaggerated, unless you really have to stabilize a hillside property, but I think we also invested 10,000€. And you don’t exactly make yourself popular with the neighbors if the garden looks like a weed wilderness for years. At our place, the shell of the building was just up when the neighbors were already asking us how we imagined the property boundary. At that time, we hadn’t even dealt with the subject at all.

And you also need storage options for bicycles, strollers, garden tools, Bobby cars, etc. pretty soon, especially if the house isn’t very big.

I want to see that calculation.. 10k for the outdoor area including terrace, driveway, fence and so on... things like a rain canopy at the house entrance, drip protection strips or external lighting are also part of the outdoor area. Parking space for garbage bins and so on... that for 10k? Maybe in 2005 but not in 2017 or 2018.

OFFTOPIC: I believe 2/3 of all finished builders lie to themselves later about the construction being "cheaper" than it actually was.

@Noelamxim: You find the tone here unfriendly? I find it very calm and polite here, apart from a few troublemakers, and you can just ignore them. Go to an animal protection forum, THEN you’ll know what a harsh tone is.

@TE: I was also from the faction "I can do it cheaply with the standard." What came out? The standard sink looked like s***, even though we kept it cheap with the tiles, it should still look nice. Suddenly, money was gone again. Then we have absolute cheap shingles on the roof. Who thinks about something like that in financial planning?! Then remodeling the existing kitchen would have easily cost 3k, so a new one right away. Due to the development requirements, additional costs were forced in.
Conclusion: Although I swore to myself to be happy with the standard, we kept upgrading again and again. We’re now at around 220k for the house (at contract signing, we were at 189k). Additional costs are off the charts for us because of the construction work and should be around 80k.
And we’re only starting with the floor slab on Friday (FINALLY!!)

And we are only starting with the foundation slab on Friday (FINALLY!!)

Then add another 20k until move-in

With us, the shell is now up. From the foundation slab onwards, it went up by 17k with us

Who said the financing fits? Especially which financing? It is feasible, yeah, but that’s about it.

I like your attitude towards the costs, because they are really variable – depending on the region, size of the house, and the demands – they can be designed accordingly.

This forum has several subforums, even much more concerning the house, the costs, and the procedures of building a house. Why is this not discussed there? Why not talk about the financing here in this thread, the possibilities, models, or even concrete numbers? There are only 2 subforums about financing, and honestly, I have no desire to read every time how stupid and naive the consumer is, what misfortunes might happen to him, and so on. I know that some others feel the same way!

Financing is just as important, and if it is designed sensibly, if state subsidies finally come to the table, sensible concepts with good interest rates, possibilities to reduce the loan-to-value ratio through unsecured home savings loans, employer loans, or subordinated loans, then there might possibly also be ways to shape the construction project with more resources at the same monthly burden, not calculating the costs down to the last penny.

Unfortunately, one hardly ever gets into financing help in this forum, or only very rarely. I find that very unfortunate, as this is no less important than the construction costs, and the help requested was asked for in a financing thread. Of course, I get help via private messages, but I would find it nicer if help were made available to everyone, including the silent readers who then become active.

Somehow this should be better structured, especially addressing the OP’s questions before judging the project without greater background knowledge, before the consumer even started considering it.



No, not unfriendly, rather unstructured, presumptuous, and arguing past the questions.

Who said the financing fits? Especially, which financing? It is feasible, yes, but that’s about it.

I do like your attitude towards the costs, because they are really variable – depending on the region, the size of the house, and the requirements.

This forum has various subforums, even many more regarding the house, costs, and the procedures to build a house. Why is this not being discussed there? Why isn’t the financing, the possibilities, models, or concrete numbers discussed at least in this thread? There are only 2 subforums on the topic of financing, I really have no desire to read every time how stupid and naive the consumer is, what might happen to them, and so on. I know others feel the same way!

Financing is just as important and if it is arranged sensibly, state subsidies finally come into play, reasonable concepts with good interest rates, possibilities to reduce the loan-to-value ratio through loans without collateral savings loans, employer loans, or subordinated loans, then perhaps there may also be opportunities to design the construction project with more funds at the same monthly burden, instead of calculating costs just barely.

Unfortunately, one hardly ever gets financing help in this forum, or very rarely. I find that a pity; it is no less important than construction costs, and the help requested was asked for in a financing thread. Of course, I get help via PMs, but I would find it nicer if the help was made accessible to everyone, including the silent readers who then become active.

Somehow, this should be better structured, especially addressing the questions of the original poster before the project is judged without much background knowledge, before the consumer has even started considering it.

Why should I bother going through all possible financing options if the house price is already set too low? There are not many experts here, but mainly people who still have to go through it, are currently building, or are already finished. If EVERYONE says it won’t be feasible this way, then the OP should start thinking.

Then add another 20k until move-in

We now have the shell. From the time of the base slab, it went up 17k for us

Don't scare me[emoji33]