Financing realistically with current interest rate developments

  • Erstellt am 2022-09-03 22:23:45

Maverick101

2023-03-19 15:06:52
  • #1
Hello everyone,

I wanted to give an update. After some time has passed and a few circumstances have changed, our current situation looks like this:

The plot of land has actually become cheaper, we reconsidered what we really need for the house and now come to a loan of 375k. Meanwhile, the second child has arrived, and our net income now, without parental allowance (we don’t know yet how much it will be), is slightly higher than before.

With the current interest rate situation, we would pay 1840€ for 20 years at 3.89%. With enough reserves in hand, we will probably fix it now. I think it fits like this, if not now, then probably not for a while..

Best regards
 
Oben