Is building a house possible with our salaries? Your opinions

2019-02-23 14:05:49

A lavish life...

Yvonne, sometimes you are really cute

2019-02-23 14:09:07

I advise everyone as a beginner: do not make yourself a hostage to your bank ... the intended project is too big for you. Unless you can significantly increase your income

2019-02-23 14:09:15

40% equity, who manages to save that up nowadays at a young age? We're talking about over 200k here

Counter-question: who’s out there running around forcing 25-year-olds at gunpoint to build a house? We’re both over 40 and are building now, but so far I haven’t missed anything for a happy life. Honestly, the place is a passion project. I don’t really "need" it, and financially it’s not a stroke of genius either. Renting and investing equity would put us in a better position. But as you yourself have already noted: as an "old fart" you can have a wad of cash lying around that significantly mitigates the risk of the whole project. Look inside yourselves and be honest: does the house *have* to be exactly now because otherwise you’ll fall into depression?

2019-02-23 14:21:10

I stick to my opinion: If you keep an eye on the Wetterau, look for a suitable plot there without building obligations and buy it on credit. It should be one of the best opportunities near FFM to build equity. If it eventually turns into something else elsewhere, you can easily resell land in a good location.

For a project plot WITH house, you currently lack both assets and income.

And ypg is right about your priorities: First vacations during part-time studies, now an epic honeymoon. You can do that. But you have to bury claims in other areas for it.

2019-02-23 14:30:47

Your current salaries are already quite good for people in their late twenties, but unfortunately the equity capital is still really too low for a project of this size. Additional costs and the kitchen must already be covered by the equity capital, and afterwards there still needs to be a reserve left in the account. You will get into your own four walls eventually, but I think it really makes sense right now to proceed step by step, i.e. save a little longer, then buy the right plot of land and then see what house construction is still realistic – especially with regard to family planning. Construction and land prices have simply increased so much in the last 10 years that you can no longer take the financial aspect lightly. However, many people currently have this problem, not just you.

2019-02-23 16:42:08

Your currently available salaries are already quite good for two people in their late twenties, but unfortunately the equity is still really too low for a project of this size. Additional costs and the kitchen must already be covered by the equity, and afterwards there still has to be a reserve left in the account. You will eventually get your own four walls, but I think it really makes sense at the moment to proceed step by step, i.e., save for a while longer, then buy the suitable plot of land, and then see what is still realistic in terms of house construction – especially with regard to family planning. The construction and land prices have simply risen so much in the last 10 years that you can no longer take financial matters lightly. But many people currently have this problem, not just you.

It is not good enough for Ffm standard and nothing special. Especially if you studied on the side. It would be good if each earned €3,000 net then you could do it. My wife earns €1,300 net without studying, working part-time at 50%, tax class 5 as a clerk plus €70 meal voucher. That is good.

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Is building a house possible with our salaries? Your opinions

berny

HilfeHilfe

Obstlerbaum

chand1986

Jean-Marc

HilfeHilfe