House construction planning process! When to make an appointment with the bank?

Let's summarize - 4k€ monthly income (is that monthly or did you include bonuses and holiday/Christmas pay? Only the monthly incoming money counts for the loan amount). - Equity is therefore the property and the 30k€, totaling 80k€. The rest doesn't interest the bank if it is not declared as equity. - From experience over the last 2 years, 2k€ per sqm of living space is a good value for a real calculation. So it would be 270k€ for the house and everything that happens on site. Let's leave the 30k€ ancillary construction costs as is. But here, fun stuff like ancillary purchase costs (notary/land register) are not included. So first 300k€ without outdoor facilities, garage/carport, painters, floors, lamps, kitchen, furnishings, etc. Move-in ready where everything is finished, you would probably be at 365k€. That means 365k - 30k a loan of 335k€. That makes a loan-to-value ratio of just over 90%. With that, you can calculate your rate plus approx. 400€ monthly ancillary house costs in any standard construction financing calculator = the burden from the house

Thank you very much for your detailed information and advice! It is monthly equity. Christmas bonus not yet included. It's about 900-1000 euros. My girlfriend is a civil servant, maybe there are discounts. We'll see. The living area costs about 1500 per sqm x 135 sqm. He already told us that.

Thank you very much for your detailed information and advice!

It is monthly equity.
Christmas bonus not included yet. It is about 900-1000 euros.
My girlfriend is a civil servant, maybe there are discounts. We'll see.

The living area costs about 1500 per sqm x 135 sqm. He already told us that.

Am I the one trying to sell you something or the builder? Are you the one who has already built or one of the many others who are giving you advice here to help you sleep well financially and calmly regarding the project?

You probably overlooked it or wanted to overlook it. A turnkey house building offer is and can never be complete. It starts with drainage and civil engineering work (which is never known in advance, there are also no flat rates) and continues with the number of sockets/burner points (electrics) and so on...

And we are not even talking about "I only need walls, windows, and doors because we have no demands." I mean missing things that you don’t recognize and that the general contractor won’t tell you either because he wants your contract!

If you can’t come to terms with the 2k€, then that’s not my problem. And even if the general contractor now suggests 1500€ per sqm to you (which, by the way, was already difficult five years ago), it will ultimately not be like that during or after the house is standing.

You always come up with the same answers... "but the general contractor said/wrote blah blah blah"

Then come posts like "Why do the civil engineering works cost 10k€ more than in the offer?" "Or the drainage 3k€ more." "How come I have to dispose of 300m³ of excavated material costing 8k€, but that was not in the offer." "Why does every additional socket cost 40€ over the general contractor?" or "How was that only an estimate for the amount of steel in the offer because there was no statics/soil report yet," etc.

Am I the one trying to sell you something or the construction contractor? Are you the one who has already built or the many others who are giving you advice here so that you can also sleep well and financially secure regarding the project?

You probably overlooked it or wanted to overlook it. A turnkey house construction offer is and can never be complete. It starts with the drainage and civil engineering work (which are never known in advance, there are no flat rates for that either) and continues with the number of sockets/burner points (electricity) and so on...

If you cannot come to terms with the 2k€, then that is not my problem. And even if the general contractor now suggests 1500€ per square meter to you (which was already difficult 5 years ago), it will ultimately not be like that during and after the house is built.

You always come up with the same answers..." but the general contractor said/wrote blah blah blah"

Then posts come like "Why do the civil engineering works cost 10k€ more than in the offer" "or the drainage 3k€ more". "How come I have to have 300m³ of excavation disposed of, which costs 8k€, but was not mentioned in the offer". "Why does each additional socket cost 40€ through the general contractor, etc."

You always talk about GU??? Please explain that to me.

I meant a civil servant loan with the benefits. I just read it, I don't know if it is that favorable in terms of conditions.

How can I actually unregister here? Do I have to contact the moderators?

Doesn't really help me much here, unfortunately.
I will make my own personal experiences.

Peace and out!

Doesn't help me much here, unfortunately. I will make my own personal experiences.

I think that's good!

Another one who just needs validation for shady ideas but can’t handle any opposition.

Doesn’t get me much further here, unfortunately.
I will make my own personal experiences.

The question in the first post was: "When can I go to the bank?"
Multiple times the simple answer: "Right now to explore the credit limit."

I really don’t understand the thread creator’s problem. Quite a few things have even been exemplary calculated here again.

Peace and out!

Yeah, do the same at the bank.

The OP simply did not understand what was written, the thread is so long because it should convey that the mere offer from the GU is not sufficient for the bank! She demands a detailed breakdown of construction costs for all items. But if the OP doesn't even know that he is not building with a property developer :-p, the loan will be gone and the house will not stand as imagined in his daydream!

But he wants to experience it himself and that is his good right.