Is financing theory practical?

  • Erstellt am 2016-06-01 13:31:22

Nafetsm

2017-02-02 22:58:55
  • #1
Jazz and her Alb-phobia
 

Noelmaxim

2017-02-04 12:58:50
  • #2


What are you aiming for or hoping to achieve by waiting? Lower interest costs? Then you would have had to save 0.4% equity in the last six months with regard to your financing needs. By the way, this is still relative to the financing plan, because the interest rate increase must be considered for the entire years until repayment.

There may be other reasons, which is understandable and acceptable, but not being able to contribute more equity, because that would have had a negative economic effect, an effect that, from my point of view, will continue to have a negative impact month after month! The increase in interest rates that has occurred now and, in my opinion, will continue to rise, is something I personally could no longer make up for by saving!
 

ivenh0

2017-02-06 12:55:21
  • #3


Thank you for your note.

The 100k equity is roughly planned as follows:
- 20k reserves for car
- 20k buffer
- 40k incidental construction costs
- 20k furniture

I think starting construction without having a significant amount of “cash” on hand is too risky.
 

Similar topics
04.11.2009Taking a loan for equity financing?19
28.03.2011Can we afford to build a house without equity?14
20.07.2011House construction: Equity / incidental construction costs realistic?14
03.04.2012Buying a house without equity?29
30.04.2012No equity, good income, financing feasible?22
26.08.2012Small single-family house, little equity but good income, is it at all feasible?11
14.11.2012KfW loan as equity capital - Who knows this financing?10
19.03.2013General questions about equity and construction costs10
01.05.2013No equity / existing consumer loans / financing possible?11
20.06.2013Problems with equity - real estate purchase15
29.08.2013Calculate equity and financing12
27.02.2015Financing plan: high equity / 2.67% / 15 years / full repayment15
14.01.2014Different share/equity for construction. How to write it firmly?10
16.01.2014Problems with bank - equity10
20.02.2014Equity - Reserve for Unexpected44
17.06.2014House purchase planned at the beginning of 2015 - No equity41
02.08.2014Does the bank require our own equity when taking out a loan?11
21.08.2014Is financing without equity realistic?19
04.09.2014How to use equity14
05.10.2014Building a house without equity26

Oben