Financing with future payment

  • Erstellt am 2020-12-19 22:18:09

Hausbautraum20

2020-12-20 16:31:22
  • #1
2 small condominiums for 100k? Where is that available in Germany? If I search within a 50km radius, I only get one offer for 100k and that is then a 24sqm 1-room apartment and yes, not even the additional costs included, let alone the 2nd apartment :-(
 

Tassimat

2020-12-20 16:47:07
  • #2
No, the ETW shall be financed using the 100k equity contribution as leverage.
 

Joedreck

2020-12-20 17:18:59
  • #3
Yes, exactly. Thank you for the correction. I did write: depending on the region. Or a garage park, or ETFs, or, or. But these are all long-term investments where you must not be dependent on the money.
 

NoSchnitzers

2020-12-20 22:40:16
  • #4
Thank you for your interesting discussion. I actually think that special repayments are the best solution. We will start here and have the banks calculate the effects of the higher interest rate with 10% special repayment on the reduced outstanding balance. Alternatively, I think we should still discuss options (except for Bausparer) to invest the money sensibly over 10 years so that the remaining balance of the KFW loan can be (almost) paid off with it.
 

Similar topics
02.11.2012House financing via condominium ownership10
21.08.2013House vs. Condominium, Rent vs. Purchase21
06.04.2015Buy a condominium without maintenance reserves12
09.07.2015Buy a condominium to build wealth?14
03.08.2015Home financing with a condominium unit still for sale.11
09.07.2016Which documents must the BT hand over at the transfer? KfW70 ETW14
01.02.2017Build a small house or buy a condo?21
08.03.2019Elevator next to the condo - operating noises10
26.09.2019Buy a condominium with a partner25
01.05.2020Construction financing with ETW as security for the loan38
13.08.2020Just before agreeing to purchase a condominium unit - Questions and doubts139
16.07.2020Financings ETW Student + Engineer57
07.08.2020Condominium purchase - feasibility study40
26.07.2020ETW - Internal bathroom40
03.11.2020House construction. Sell or rent out the condominium?52
11.04.2021Is financing feasible? New condominium construction 930,000 with equity 170,00055
28.05.2021Buy a single-family house - mortgage a condominium unit and sell it later?39
23.09.2021Purchase of owner-occupied condominium - financing process12
02.03.2022How much remaining debt at 46 is okay?40
12.08.202230-year-old attic condominium evaluation / risks11

Oben