Is building a house financially feasible?

  • Erstellt am 2020-03-26 14:16:33

apokolok

2020-03-26 18:03:20
  • #1
Feasible due to the very good equity. Because of the upcoming child, I would start with minimal repayment with an option to change. I wouldn’t choose a 30-year fixed term either, 15 years would be sufficient in this situation. But yes, reducing construction costs a bit would certainly be a good idea.
 

HilfeHilfe

2020-03-26 21:18:13
  • #2

Correct. If you consume, the income is tight. If you live sparingly, then okay... you also have to repay the loans.
 

Lumpi_LE

2020-03-26 21:28:51
  • #3
Rate and income are less of a problem here than the idea of wanting to build at home with an infant. If you are not a professional and something goes wrong during the construction... Good luck, the divorce rates here are quite high.
 

Joedreck

2020-03-27 06:36:04
  • #4

How high exactly are the divorce rates?
 

Maschi33

2020-03-27 06:40:46
  • #5
At 40% already quite considerable...
 

nordbayer

2020-03-27 06:51:17
  • #6
37.54%, to be exact
 

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