Is the construction project affordable? 570 k€ loan with a 5300 € salary

  • Erstellt am 2021-04-06 23:57:06

Zaba12

2021-04-07 12:39:34
  • #1
I never claimed that either. But 483k€ from the developer won’t be it either. Exactly, only 9 years left to fulfill other things before retirement before the next generation is eager. Of course, you’re right, I also see it with my parents that the rate remains the same or has sometimes decreased through follow-up financing. But that only applies to the last 20 years. You just have to say, for that everything has to go smoothly. I’m not saying it’s impossible, but you mustn’t be blinded by the current salary. The factor of children and how to deal with the childcare situation (full-time, part-time, staying at home) is missing. Nobody’s actually in that situation.
 

askforafriend

2021-04-07 12:43:54
  • #2
 

Zaba12

2021-04-07 12:53:13
  • #3

What is unclear about that? Don’t you have any other six-figure wishes before retirement? I do. That only works to a limited extent if you still have to pay off €1800 monthly.
 

bra-tak

2021-04-07 13:05:41
  • #4
So I can’t think of any wish that is five- or even six-figure, except for a property. And that’s what this is about here.
 

Zaba12

2021-04-07 13:17:14
  • #5

Really? Paying off a property and working until retirement seems to be the end goal.
Well, whatever, I'm going off-topic again unintentionally.
 

bra-tak

2021-04-07 13:22:13
  • #6
That’s correct, that is my goal. After all, during retirement I didn’t want to work anymore ;)
 

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