Is the financing offer okay like this?

Why do you absolutely want to build a granny flat to rent out?

For the parents-in-law and later for the children or for renting out.

For the parents-in-law and later for the children or for renting out.

I would think that over very carefully again.

I would think that over very carefully again.

Why? Please provide more information. I can't make any progress with that statement otherwise :-)

Renting out doesn't pay off and you have strangers in the house and if you're unlucky you have to renovate everything afterwards. Parents-in-law in the house can work, but for me that would be a no-go. Also not parents, brother or anyone else. That's why you build, so that you have your own domain. The children might also prefer to live somewhere else later. It drives the costs up and then you want to pay off for 40 years... Please engage thoroughly with everything and read through the forum, otherwise it will be a pointless discussion.

1900€ monthly payment means an annuity of 4.4% on a 532,000€ loan. I do not find this per se too low for young people. If there is possibly an additional special repayment, you can realistically be done in 30 years. However, the offered conditions are simply not good if an 80% financing is assumed. Change intermediaries if this is supposed to be the best.

A monthly rate of €1900 means an annuity of 4.4% on a loan of €532,000. I don't find that per se too little for young people. If there is possibly an additional special repayment, one can realistically be finished within 30 years. However, the offered conditions are simply not good if an 80% financing is assumed. Change intermediaries if this is supposed to be the best.

Well, I only see an annuity of 4.4% with the 10-year fixed interest period. Not with the rest. Mixed, it will be somewhere around 4%. If the new offers turn out better, the annuity will rather decrease since borrowers tend to keep the rate as low as possible.

I only assumed that it is an 80% loan-to-value. It probably isn't, since in NRW the property transfer tax + notary fees apply (about 8.5%). Since these are not value-increasing items for an existing (property), possibly with a broker?, €56,000 (without broker) must first be deducted. Since the 80% loan-to-value was already tight without taking this into account, it will definitely lead to an interest surcharge. This is how the >2% fixed interest rate can at least be explained. However, with the "right" bank it should not be so clearly above 2%, more like 2.0X%.

Now I already sound like B-Man :p.

: How is the salary distributed? Are there children present or planned? How old? Can you handle the rate even if children come and part of the time is parental leave? Or if daycare fees of hypothetically €400 per child would apply!?