Renegade
2018-08-07 05:28:05
- #1
Hello We have planned a house, the total cost including the land is €300,000. We want to finance the complete amount except for notary fees etc. €3,500. We then have about €15,000 left, which should not be included in the financing. I am a civil servant, 30 years old, and my wife, 27 years old, works in the public sector, and we have one child. Net monthly income €4,300 together. We have already obtained an offer which is as follows 250,000 / 15 years / 2.69% interest / 1.73% repayment 50,000 KFW / 10 years / 1.65% interest / 3.4% repayment The whole thing will then be redeemed by a building savings contract which is paid alongside, and after a total of 27 years everything will be paid off. The monthly rate is €1,300 including the building savings contract from start to finish. What do you think about it? Unfortunately, the €1,300 is giving us headaches at the beginning, especially since a second child is planned in the next 3 years. I am grateful for any suggestions for improvement.