Is house building realistically possible?

  • Erstellt am 2019-10-28 10:29:48

guckuck2

2019-10-29 06:47:55
  • #1


Roughly estimated, you are extremely cautious. The budget being too low is possible, but if so, not by much.

Calculate your savings rate. If from the 6.7K€ per month no unnecessary money is wasted on expensive cars, I would expect you to save at least 2500€ per month for ... ?
 

smörrebröd

2019-10-29 07:31:08
  • #2
First of all, many thanks for the numerous feedbacks and hints! That helps me a lot in assessing the situation.



No, I definitely did not want to ****** anyone here! But you often read that builders both underestimate the cost estimate and overestimate their financial capacity. And besides the monthly burden for the house, you always want to have some "room to breathe". Especially since my wife already had very wide eyes at €460,000 . Against this background, it was very important to me to get an assessment from a third party.



How much "more" do you think would realistically be possible? It certainly always depends on one’s own standard of living and thus on the question of how much one wants to spend on consumption at the end of the month. But I would classify us as rather average consumers (everything is relative, I know...).



No, money is not wasted on cars . Everything is paid off, meaning only the running costs apply. The savings rate is currently €2,000 per month, but we are working everything through, I also think there is still room for improvement.
 

Joedreck

2019-10-29 07:51:40
  • #3
Then quick, quick buy the favorite property and continue planning
 

Yosan

2019-10-29 09:14:05
  • #4
It wasn't meant entirely seriously either But with the mentioned things, I really don't see any reason to worry
 

ypg

2019-10-29 10:09:25
  • #5
But you must be aware that you have more income than the average?! General statement: you can build from 4000 net, below that it gets critical. Note: this is only a generalization
 

Wugler1978

2019-10-29 21:14:50
  • #6
Why should I pay off as quickly as possible with less than 1.5% interest and a 25-year term? If there is money left over, then possibly make special repayments or invest intelligently.
 
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