Needs Planning for Home Financing

2023-02-20 15:57:34

0.3% was already quite a hefty surcharge in 2020...

Which bank then? So the bank did that through higher interest rates after all? I always thought 20% equity capital is a must.

2023-02-20 16:26:24

Problem will also be the Schufa for me.

Now don’t keep us in suspense: How much and how high are your debts? Why is the Schufa negative?

2023-02-20 16:32:31

Which bank then? So the bank did it with higher interest rates after all? I always thought 20% equity was a must.

No, it works without it too. Even without additional purchase costs. But it becomes insanely expensive.

A good reference is the "installment calculator" of Ing-Diba. Just google it. They generally have good conditions.
Without equity, the interest rate is 4.47%.

2023-02-20 16:39:58

Now don't keep us in suspense: How much and how high are your debts? Why is the Schufa negative?

Green forum says mobile phone contract. Apparently the colleague is called PhilemonLeo there.

2023-02-21 08:49:10

Here, truly nothing remains undiscovered.

2023-02-21 16:45:41

Yes, we inherited the property from my grandfather in Brandenburg. I would also say it will be difficult under 300k. We have solid jobs and together earn 5200€ per month, but we still have a loan running, which we ideally want to restructure. We haven’t reached 20% yet. 50k at most, but I have a bad feeling about putting everything into the house. You still want to have reserves.

If you already have the property, it will be counted as equity.

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Needs Planning for Home Financing

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