Is it possible to estimate the loan amount?

Hello, nice to have found this forum. I have read a bit and hope for an answer to my question.

We are just beginning to deal with building a house.
Currently have two children (third planned)

(edit: konkrete Zahlen rausgenommen)

I once heard that it makes sense to have 1/3 of the total financing amount as equity? Is a total amount of about 450T E feasible?

Thank you very much for the help in advance.

Best regards, Philine

Hello Philine,

That works, the repayment will then be approximately €1700-1800 per month, with 5% interest and 2% amortization.

Thank you very much for the quick reply.

BEste greetings, Philine

The more equity, the less credit needs to be taken out. And the less costs arise from interest. It is also possible to finance a construction with less equity, easily even with only 1/5. Sometimes it can be more sensible to use as little equity as possible for the construction. Because as an investment, a private house is not always suitable, or there are much better and also secure investments. Additionally, it is always advantageous to have "cash reserves".

I can only agree with that.

LG