New construction with little time - experiences?

Hello everyone,

Thanks for the answers, the most helpful so far was the regional GU. Can anyone recommend one in BW?

On the topic of saving: I’ve only been earning twice as much as before for about 9 months. Since then we have been able to save. I have invested a lot in my education and career, and it is paying off now. I will probably earn a bit more starting in 2019. I will also receive a bonus between 8 and 15k net for the first time next year.

Inheritance is certain, only the timing is not.

What do you think a bank would lend? Land here costs about 250 per sqm. I thought a total of 750,000 might be possible.

The cinema can be counted with a max of 50k.

I wanted to get input on cooling and smart home concepts, or should I rather make separate threads for that?

Best regards!

Inheritance is certain, only the timing is not.

But not for the bank. The bank ignores such things and can only count on existing financial resources.

Purchase from the developer.

With a cinema special request, how do you come up with developer?

Inheritance is certain, only the timing is not.

In first place of opportunities for dumb faces are will openings

Stupid question: What is the difference between GU and Bauträger?

Ok inheritance understood, irrelevant for the bank. With that, I probably save another 2 years.

Best regards.

Inheritance is certain, only the timing is not.

…unless someone has to stay in a nursing home longer beforehand or develops a very rare disease, whose treatment is experimental and expensive. Or, more pleasantly, someone lives to be 120. 750k is also too much debt. Your interest rate will (with the clearly over-100% financing that it is) be somewhere between 2.5 and 3%, with an initial repayment of 2% (you shouldn't do less, and the bank probably wouldn't agree), and with a 2500 payment* you are then between 600k and 660k loan amount. *Savings rate from last year used as annuity. Not included: eliminated cold rent and the loss of your wife's salary, which you do not want to include. Also not included: rising expectations (only higher income for 1 year), I-earned-that-now and the-colleagues-all-have-it-too. Also not included: second child and depending on the age of the first child, rising costs for it.

Completely overlooked with the cinema. For commercial purposes or what? 50k, I could book a private seat for me and my family for a lifetime. Doesn't fit the house.