If you still wait with building/buying a house until your husband has finished his studies, you will also get much better conditions because the loan will then be secured by two incomes.
I want and have to question this post. This has never been the case with construction financing, is not the case, and never will be. The majority of the financing (and the risk costs) is solely based on the security "house," which should normally amount to at least 80%. It looks somewhat different with 115% financing, but this is rightly advised against by banks here. So the conclusion: The interest rate conditions for construction financing are not dependent on income. Dependent on income is solely a decision by the bank, and that decision is: Do we do it or do we not.
I have 25,000 EUR lying around here, but I didn’t want to spend it because this year probably 10,000 EUR BAföG repayment will come as well as a new car at some point (16 years old, new purchase about 2,000 EUR). The rest then buffer.
Lying around in the sense of "will be contributed to the house construction." Otherwise, you could also have a million lying somewhere.
The BAföG loan is at least not listed in the Schufa.
But at the latest in the obligatory self-disclosure it must be declared. Banks very rarely like lies or simple omissions. The Schufa doesn't matter at all and is practically irrelevant anyway.
Thank you, that is important information. Then it really makes much more sense, in our case, to agree on an installment payment. You helped me a lot! Thank you!
That depends... but others here know more about that. Apart from interest costs, it’s always just right pocket, left pocket.