How much reserve in addition to equity?

  • Erstellt am 2020-05-20 10:54:21

danixf

2020-05-20 22:26:33
  • #1
Underfloor heating is usually included as standard and should cost you nothing. It looks different with the thermostats. Mostly, the ones with the rotary dial are included. Not very attractive, but cheap. The digital version costs 50-100€ each. Flat shower trays are usually standard. Rarely tiled. For tiling + enlarging, calculate around 1-2k. The concealed fitting also adds another 500-1000€. Glass shower door including installation is also about 1000€. Heated towel rails are basically always included. However, they only get "warm" and not as hot as a proper radiator. Electric roller shutters are often included. If only with a strap, about 300€ extra for electric. If none, calculate about 800-1000€ per window. If you buy an existing property and want to retrofit, it can quickly become more expensive. Usually, the wall has to be opened up to access the electrical wiring. Terrace slabs also range from x to y. Ours cost 90€/sqm and I would call them upscale. For a 30 sqm terrace, that's about 2000-3000€ on top. We ourselves are just starting to look at terrace furniture. We've set a budget of 1000€. For that, you can already get nice lounge furniture including a table. Just browse the relevant catalogs. Parquet flooring about 20-30€/sqm + material price.
 

hampshire

2020-05-21 09:12:05
  • #2
The question of the amount of reserves is a matter of type. Notoriously optimistic people who can sleep well even when there is nothing do not need any. They master the small and somewhat larger difficulties when they arise and deal with the consequences of their actions. Security-conscious people who tend to worry about things need a certain cushion. In addition, there is an imprint as well as an acclimatization: With what cushion is the family / focus group (anticipated or conscious) equipped? Was there a steadily growing "cushion history"? How have the expenses and acquired values increased? Conclusion: The cushion should be high enough so that you can live as free as possible from financial worries. Whether that means reserves of €2.80 for fries or €280,000 for a what-do-I-know event is not so decisive.
 

Jean-Marc

2020-05-21 10:16:39
  • #3
We had each retained 3 net monthly salaries. Our lender had required a reserve of at least €5,000 per person. That was all fine so far.
 

Tego12

2020-05-21 10:33:47
  • #4
Now in the age of cheap loans, where everyone can have a consumer loan in their account within a day, at a low interest rate.... In my opinion, a reserve is virtually not necessary.

I myself need it for my peace of mind, always having a five-figure sum lying around somewhere, but I do not remember ever suddenly needing a larger amount of it... And if that should happen, you can temporarily take out a loan within a few minutes.
If the worst case occurs, double loss of income for a long time, then no realistic reserve will help.
 

starrily

2020-05-21 11:21:24
  • #5


There is certainly some truth to that. The family is shaped towards wealth building, although no one is rich. My parents also offered me a gift so that I wouldn’t need real estate loans, but I definitely do not want to make use of that. Others my age have only bought or built so far if the parents have provided substantial help, even if it was "just" the land.
 

starrily

2020-05-21 11:29:13
  • #6


Since I am single, even a single loss of earnings is enough. I think, therefore, I also need a larger cushion. If the loss of earnings lasts more than a year, the apartment would have to be sold, and I could live with that.
 

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