How much can we afford?

  • Erstellt am 2013-11-12 12:14:25

Der Da

2013-11-12 15:30:32
  • #1
With the monthly total net income, it’s going to be a pretty tight squeeze. You just have to keep in mind that besides the mortgage, the monthly costs will increase enormously. I just finished and have now taken out all the necessary insurances. Just for those, almost 100€ per month are due. The child benefit will be entirely spent on the child. Even if you can breastfeed exclusively, you still need plenty of diapers, creams, and something always has to be bought. It all adds up eventually. Besides, it probably won’t stop at 280,000€. Expect rather 300,000€. Your monthly installment will then be around 1,200€ minimum.
 

Musketier

2013-11-12 15:37:20
  • #2


Your wife should have switched to tax class 3 at least 7 months before birth, then you would have received more parental allowance. The payroll tax paid too much as a result would have been refunded through the income tax return. Switching you to tax class 3 probably does not make sense, as you would then have a large tax back payment. Although the parental allowance itself is tax-free, it is subject to the progression clause and is taken into account for calculating the tax rate.



If that is really the entire equity, then you have nothing. You should keep at least 10,000€ as a buffer and there are still some purchases (curtains, lamps, furniture, lawn mower, etc.) that have nothing to do with financing.

If you pay for all the basic equipment for the child yourself, you can also easily budget 2-3,000€ for stroller, child seat, child's room/bed.



With an 80,000€ plot value, I dare to doubt that. I assume you have not spoken to a developer but rather to a general contractor/supplier. In addition to the house price, there are additional construction costs, outdoor facilities, painting and flooring work, and much more.
 

mase111

2013-11-12 15:56:59
  • #3
@Musketier: hm...yes, unfortunately we didn't know about the Steruklasse beforehand. As for the purchases for the child, we have already taken care of everything (by everything I naturally mean the larger purchases like furniture, stroller, etc.). None of the purchases are financed, so at least we are not further burdened there.

I have indeed already had 2 appointments with proper builders... the prices also include the points you mentioned. Although M Aler and flooring work will be done by us ourselves.
 

Musketier

2013-11-12 17:25:48
  • #4


I was just surprised that you talked about one plot of land and several developers, since with a developer the land and house are always sold together. Have you also planned for property transfer tax for house and land and notary fees? Has the material for the own work been included?

We also want to manage with 280,000€ for a KfW 70 house with 125m², additional costs, and land, but we are only paying 42,000€ for the land. That's why I have serious doubts about the total amount.
 

f-pNo

2013-11-12 17:44:42
  • #5


I think there is a definition problem with mase111 regarding the term "developer."
From another (currently parallel) thread, I copied the definition from Bauexperte.

"for better understanding:

Developer => You buy land and house from a single source and this developer builds your house.
BU => Construction company
GU/GÜ => General contractor/-transferee builds on foreign land. That means, on the land which you bought from a third party.
Provider => "my" term for regional or supraregional operating GU/GÜ/BU/sometimes also architects"

If you look at the definitions – did you actually speak with a developer?
 

mase111

2013-11-13 07:25:07
  • #6
If I now look at the definition, then those were probably more general contractors ;)
 

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