New single-family house construction - How solid is the financing?

  • Erstellt am 2021-02-13 20:35:43

Tolentino

2021-02-13 21:27:58
  • #1
By the way, if he is building on your property, he does not call himself a developer but a GC or CM
 

ypg

2021-02-13 22:37:00
  • #2
I can only confirm this: ancillary construction costs €30,000 minimum, a bit of garden and such €35,000 Buffer for earthworks €20,000.
 

HilfeHilfe

2021-02-14 06:43:11
  • #3
You are good savers. Financing such a large amount during parental leave makes some banks a bit uneasy. Good luck
 

Joedreck

2021-02-14 07:03:39
  • #4
It’s not embarrassing at all. You won’t find more neutral answers anywhere else. And I once knew a banker who couldn’t handle money at all – unlike you. You’ve calculated sensibly, don’t exaggerate with demands (see cars), and have thought about the future. If additional costs come in higher, you can still have the garage built later or use the created foundation for a carport. And you do have some cash left as a buffer. And overall, of course, the plot also counts as equity. Parental leave might look bad to the banks – that’s the experience from the forum here. Otherwise – enjoy the house construction.
 

icandoit

2021-02-14 09:17:16
  • #5
Of course, anyone with fixed costs of 3000 per month is a good saver.
 

Joedreck

2021-02-14 09:25:06
  • #6

One does not exclude the other.
 

Similar topics
17.04.2016Value of land and bungalow B5511
08.11.2010Offer for a semi-detached house with land, okay?11
07.07.2011Financing land now, house in 6 months?17
14.08.2012Build a home? Land in prospect19
25.03.2012Land now - house construction next year23
31.05.2012Financing of the property: Does the entire financing need to be secured?11
04.09.2012Land paid - Building with an additional loan?16
02.09.2013Angular bungalow on 800m² plot - financially feasible?16
09.02.2013What do you think of this property?11
28.05.2013I am getting a plot of land as a gift. How do I finance the construction?16
03.06.2013Buying land from father - building a house yes or no?11
01.08.2013Is the property right for us?15
22.08.2013Buying land for a house, please advise!46
05.02.2014Costs/planning land, additional construction costs, turnkey, etc.27
22.08.2013Plot - Decision?14
28.08.2013Separate land and generate building land? Where to inquire?14
14.11.2013Our floor plan of 120 sqm on a 469 sqm plot73
29.10.2013Property reserved, construction financing plan, architect/building permit application21
03.01.2014How much land and house can we afford?25
08.01.2014Opinions on the hillside property22

Oben