420k€ financed, interest fixed for the entire term. Except for KfW, where approximately 25k€ remain after 20 years. Regular term 28 years, with planned special repayments about 25 years.
Huge.. clearly more than average. Double.. triple? No idea. So if you earn, say, 6000 or 10000 EUR per month, you can easily get financing of 400k 500k 600k EUR. Even without equity. But I ask: Anyone who can’t save equity with such a high income is doing something wrong? Exception: Civil servants with lifetime employment and corresponding income.
With 220m2 you can lump me in with the status-hungry crowd. The big car of course also marks me as completely status-hungry. An A6 is also just a pure status symbol. Technically, the Audi is comparable to a Kia. The only difference is the 4 rings. No difference in materials and equipment. Last year we were in Japan. Also just because of status. A staycation would have been just as nice and impressive. But Japan works better for status.
Seriously: here we go again... the German envy debate. Simply being happy for others is not possible, is it? Especially for those who have earned everything themselves!
Respect! If I were to build 100% rationally, the location would be rural and our future house 3 times smaller. A 100% equity ratio could also work that way. A much more economically relaxed life would be the reward.
Unfortunately, 100% rationality doesn’t work for me. More like 70%.