Financing plan too unrealistic?

Whether everyone who has invested in the Nasdaq ETF would currently go along with mortgaging the house for stocks...
It could end badly.

Whether everyone who invested in the Nasdaq ETF would currently also go as far as to mortgage the house for stocks ... Could end badly.

It can end badly if you sell right now. If you look at the prices again in one or two years, you will notice that the current correction has been balanced out. Everyone has to decide for themselves whether they prefer to be done with the financing earlier or not. For me, given the conditions under which we completed our financing, it makes little sense. That is why we did not dissolve our savings contracts with 3% and 4% interest and include them as equity in the financing, because effectively we would have burned money by doing so. This money continues to work for us and covers part of the capital service. The money that we could possibly have used for special repayments, we prefer to invest in these savings contracts and ETFs – to be honest, I feel better about that.

We have similar figures and after 2 months of waiting for approval, the bank said no. As expected, the changes in the interest rate and the monthly burden are enormous, so we decided, instead of taking 1%, to cancel the entire project with significant financial losses, since all planning and fees for the reservation of the building plot as well as other costs have been paid from equity. We may also have to pay damages to the developer. If we still take out a private loan in the hope that things will improve in 5 years, we will have to sell the building plots back to the municipality.