New construction - What is included in our financial budget?

Say, HilfeHilfe!!! Debt-financed equity, what is there not to understand?

It will still flow into the budget calculation as a liability and negatively influence the vote. The OP has no equity.

The definition "debt-financed equity" does not exclude the fact that interest and repayment rates are naturally included in the budget calculation. No one says that interest and repayment rates are not considered, and with debt-financed—here the second part of the word explains the definition—it is clearly recognizable what is meant!

Your statement that it would negatively influence the vote shows that you have no idea at all, not even a spark. Incidentally, this is a half-truth you have alleged yourself, because this capital obviously influences the vote positively, since while income and the budget surplus have absolutely no influence on the terms at most banks, debt-financed equity lowers the loan-to-value ratio and thus allows better terms to be reflected; furthermore, it usually even makes full financing possible!

As for the fact that the OP has saved 8,000 euros in a building society contract, how you manage to make a second mistake there, not even half-truth but a distortion of facts,

The OP has no equity.

is beyond me. Not at all, and it shows once again that you do not read the preceding posts at all, do not bother to immerse yourself in the process and to understand the OP and his request for help, his project; therefore, your comments are worthless, add no value, and are thus superfluous.

Tell me HelpHelp!!! Debt-financed equity, what is there not to understand about that?

The definition "debt-financed equity" by no means excludes the fact that the interest and repayment rates are, of course, included in the household budget calculation. No one says that the interest and repayment rates are not taken into account, and with debt-financed, the second part of the word explains the definition; it is clearly recognizable what it is about!

Your statement that it would negatively influence the vote shows that you have absolutely no idea, not a clue. By the way, this is a half-truth you accused, because of course this capital positively influences the vote, since while income and the budget surplus in most banks have absolutely no influence on the terms, debt-financed equity reduces the loan-to-value ratio and thus reflects better conditions, furthermore, it generally makes full financing possible in the first place!

Regarding that, the OP has saved 8,000 euros in a building savings contract, how you can add the second mistake there, not even a half-truth but a distortion of the facts,

is beyond me. Not at all, and it shows once again that you do not read the previous posts at all, do not bother to delve into the process and understand the OP and his request for help, his plan, insofar your comments are worthless, add no value and are therefore superfluous.

Aha, so now it is debt that flows into the household calculation and not equity. Well, you are learning after all.

By the way, that is a half-truth you accused, because of course this capital positively influences the vote, since while income and the budget surplus have absolutely no influence on the condition at most banks, externally financed equity reduces the loan-to-value ratio and thus allows better conditions to be represented; furthermore, it usually even makes full financing possible in the first place!

What use is a good condition if the OP only wants to spend €1,000 per month? He has to pay both loans from that. That is the OP’s question: What can I afford? What concrete answer to his question do you have? P.S. By the way, the OP doesn’t even need financing. He goes to his bank and gets sold a savings plan with immediate payout. That’s even better than externally financed equity.

What use is good fitness if the OP only wants to spend €1,000 per month? He has to pay both loans from that. That is the OP's question: What can I afford?

What concrete answer do you have to his question?

P.S. By the way, the OP does not need any financing. He goes to his bank and gets a savings plan with immediate payout sold to him. It's even better than externally financed equity.

Do you read my posts?

Individually, you often read that, of course it must be checked individually whether it fits into one's household budget.

It was about the basic definition of externally financed equity and certainly that can make sense, for example, when this capital makes the positive approval possible in the first place or calculates the blended interest rate, where €15,000 costs 5%, but the rest of the requirement can be reduced from an 81% loan-to-value ratio to 80% by reducing the loan-to-value ratio and thereby achieves an interest improvement of 0.3% on, for example, €350,000!

HelpHelp, just polemics. In not a single line of this thread and in no other do I conceal the burden on the household calculation, only this usually does not affect the conditions, whereas the loan-to-value ratio as a significant indicator does!

Please make an effort to understand the meaning behind the experts' statements before you provoke with uncertainties and stir up unrest.

Reading you, one would think that the presence of equity is the decisive proof that a consumer can handle money. Even if that can certainly be an indicator, it is not decisive; rather, it increases the security regarding the loan-to-value ratio for the bank, and if the burden from the externally financed equity fits into the bank's household calculation, then it is usually fine with the bank if the consumer generates this capital and brings it into the financing.

Some banks even offer this component for their unsecured portion.

Of course, it must be considered holistically, but this is not done by refusing to understand the meaning and by using untruths to lend weight to one's incorrect opinion!

Fundamentals and definitions are one thing, the individual consideration of each financing project is another!!

: You have written a lot again, but still no answer to the OP's question. What do you think he can afford?

The answer to the question is what he expects here and not a discussion about different financing components.

Fast forward to the point where you pull an adequate sum for the desired house construction out of the hat, instead of lingering on this side issue.

The €8000 goes towards incidental acquisition costs. The observation that no equity is available is not entirely wrong. You can slap on any kind of cap you want, it won’t get better. You can now also get worked up about the fact that presumably a bit of the €8k remains, but even this does not change the completely wrong scale.