Is financing feasible? Finished house for the money?

Anyway, and however, when I read the first page and the questioner's setting, I thought to myself, this doesn't work, house around 200 okay, land at 170. Plus property transfer tax, notary, court, we end up at 400 with 20 in the bank and not a very substantial income. I wouldn’t do that. Then just look for a terraced house. How many marriages, dreams, plans burst under such financial stress, and then the mess is there.

Where we want to stay under €450,000 and ideally pay less than 1,500 in installments

You:

That may all be true, maybe €20,000 are indeed underestimated

That doesn’t make the porridge any thicker either. The OP is already close to half a million.

Why not 20 or 25 years fixed, combined with preferably subsidized (since Baden Württemberg) KfW 153 fixed for 20 years and KfW 124 fixed for 10 years with a hedge against a home savings contract, e.g. with the F60 of Signal?? What speaks against a term of 35 years if I’m not yet retired then? Why can one actually make a blanket statement about the affordability of the capital service based on the information available here,

Then please explain to us how a 20-25 year fixed financing for €450,000 is supposed to be presented at €1,500? You can also throw in all products like that.

And please finished in 35 years.

Interhyp (which is probably the Ing.Ing-Diba and can be even better) so bad?

Do you even read the threads before you "comment"? The OP even made a screenshot; it was the KSK Groß-gerau

Caspar2020, I would be happy to provide a financing concept, but only once the numbers are clearly defined. I don’t want to bother searching for them in the various posts right now. If you have time, please put them together for me, then I will come up with a concept that is readable for everyone.

Of course I read the posts, I have moved past that. Does it really matter which bank it was? Weren’t there other pieces of information from me besides the incorrect naming of the bank? Especially the crucial addendum goes like even cheaper???

Regarding the 20,000 euros – please read that carefully – it wasn’t about whether the financing amount is more or less, but rather that it is said here..... you have to easily add 30,000 euros on top (or something like that).... without knowing what the original poster considered in the ancillary construction costs and what the poster then means by adding on top of these. The definition of ancillary construction costs is not protected, but it’s generally said that it’s not enough and so on. For me, it was simply about the generalized statements that sometimes come without really knowing the background and the individual starting situations. Not a big deal, but I just find it too easy then to say it won’t work, it’s not possible, for God’s sake, not feasible, etcetera, etcetera, etcetera.

Why is this not allowed to be answered, did I miss something? Of course, everyone is allowed to think it’s not possible, but I also want to express my opinion, and based on the information available here, I cannot make a final judgment at all. Basically saying it doesn’t work, are you insane, too risky, etc., I just don’t like.

You should start arguing not from the perspective of the broker. There are banks that finance little to no equity at all. Feel free to add the broker + kitchen and wedding.

For example, DSL is fully on board with selling consumer loans for the equity part.

Read the post by , he described it very aptly and simply. You don’t finance without equity with a desire to have children on an extremely expensive plot and build with the cheapest provider.

It’s like driving an Audi A6 but not being able to pay for the gasoline and having to push it.

Yes, it only shows that you are not making any effort to understand the posts, at least in a good way for the OP and the community in this forum here. No one needs my help to scrape together the 5 figures to reach 450,000 (everyone else manages that too).

And actually, the following is also irrelevant, because the OP wants to enter the project with €1500 per month, and anyone who can operate a calculator knows that the following is complete nonsense in the specific case of the OP:

Why not 20 or 25 years fixed, combined with preferably still subsidized (since Baden-Württemberg) KfW 153 fixed for 20 years and KfW 124 fixed for 10 years with protection against building savings contracts for example with the F60 of Signal?? What speaks against a term of 35 years,

They have already been presented with financing from Interhyp with 10/15/20 year components, which at stable follow-up interest rates slightly exceed the affordable burden of €1500 (1534€). The 3 repayment-free years at the beginning are planned for child planning.
And Interhyp has already calculated that for 35 years.

But we are here in the house building forum. And experience shows that the house size with KfW55 that the OP wants to build, with 200k+50k for the typical home builder is already more than a tight squeeze.

If the OP deals intensively with the topic of house building for another six months, the price for the size will rather settle at 275,000-300/350,000.

A good guideline often cited:

30-40k€ ancillary construction costs
10k€ for painting work
10k€ for the essential outdoor facilities
10k€ for carport/prefabricated garage
1500-1600€/m² energy saving ordinance house in standard equipment = 195,000 - 208,000
10-15k€ surcharge KFW 55
10-20k€ for sample selection surcharges

The definition of ancillary construction costs is not protected, but it is generally said that it is not enough, etc. I was simply concerned with the generalized statements that sometimes come without really knowing the backgrounds and the individual starting situations. Not bad, but for me it is simply too easy to then say it does not work, it is not, for heaven’s sake, not feasible, etc. etc. etc.

Better to bring the OP back down to earth now than to let the two be lulled too much by sales professionals on the house manufacturer and finance side, only to experience their blue surprise.

That is simply reckless. The more the OP’s concrete project is made “appetizing,” the stronger the emotional attachment (which in this case already exists), and the more difficult it will be for the two to pull the ripcord later on (but that is something salespeople are well trained for).

Hello from my side as well.

We have now decided to postpone the house construction by a few years (even though the plot would have been really perfect for us). The financial burden would be too great. Regardless of what additional costs might come up, we don’t want to invest all the money we can raise each month into the house right now and therefore have no savings for other things.

I just don’t understand the argument that you can’t put an inexpensive house on such an expensive plot. Honestly, that doesn’t make sense to me. If the plot is more expensive, then you just have to be a bit more economical with the house... why does the house have to be particularly expensive just because you had to pay so much for the plot?! It contradicts itself in my opinion. Especially since the plot isn’t particularly expensive because it’s being sold in a fancy area or has any special features. It’s just unfortunately the case that building plots in our area are generally very expensive – which doesn’t mean that only expensive villas are standing here.