Felix87
2022-09-05 11:20:52
- #1
Dear forum,
after we unfortunately let interesting building plots pass by in 2019, municipal building plots will be advertised again at the end of September, for which we want to apply.
My wife (29) is working part-time again (50%, about 1250 euros net), but is pregnant again (due date spring 2023). I (35) am also working part-time (now self-employed) with about 4000 net. We would have quite suitable equity to pay for one of the plots (just under 100k).
Now, my wife will probably be on parental leave at the time of the (hypothetical) house construction (and also at the time of the loan approval for the house construction), meaning her income will stop.
Now to the fairly specific question: Should we rather finance the plot, because then both incomes will be taken into account and put the equity into the house, since with the two incomes we will get better conditions, or is that actually irrelevant and we can calmly secure the plot first with equity and then calmly plan the (small, tailored to our low income) house and finance it without really much equity?
after we unfortunately let interesting building plots pass by in 2019, municipal building plots will be advertised again at the end of September, for which we want to apply.
My wife (29) is working part-time again (50%, about 1250 euros net), but is pregnant again (due date spring 2023). I (35) am also working part-time (now self-employed) with about 4000 net. We would have quite suitable equity to pay for one of the plots (just under 100k).
Now, my wife will probably be on parental leave at the time of the (hypothetical) house construction (and also at the time of the loan approval for the house construction), meaning her income will stop.
Now to the fairly specific question: Should we rather finance the plot, because then both incomes will be taken into account and put the equity into the house, since with the two incomes we will get better conditions, or is that actually irrelevant and we can calmly secure the plot first with equity and then calmly plan the (small, tailored to our low income) house and finance it without really much equity?