Planning to build, is it realistic? Young + Equity

  • Erstellt am 2016-07-13 15:15:48

Steffen80

2016-07-14 14:23:41
  • #1


But you’re also a bit to blame yourself.. I mean, with 350k equity asking here if there’s a loan??? You can hardly take that seriously
 

LukeLuu

2016-07-14 14:26:00
  • #2
Sorry, but I have never taken out a loan, let alone built a house. You are allowed to ask beforehand, aren't you? What are forums for?
 

MarcWen

2016-07-14 14:27:23
  • #3


Well put.
 

Steffen80

2016-07-14 14:34:54
  • #4


well then.. let’s blame your young age

You have a great starting position. Be very, very careful with this wonderful asset. 350k EUR is an incredible amount of money (we also have that much equity), especially if not earned yourself. You can easily become "reckless" here How exactly the banks will evaluate this now with the new guidelines, probably no one here can tell you. You have to ask the bank. 2000 EUR net is basically "nothing" for a single-family house. You won’t get much loan with that. And be open with your girlfriend (She owns nothing, you own everything).

Regards, Steffen
 

MarcWen

2016-07-14 14:38:16
  • #5


I don't see any problems, he is young, very young. If his job is secure, then there is plenty of time for the banks and new guidelines. It could get critical if family planning is asked about. That should be carefully considered.
 

Steffen80

2016-07-14 14:49:01
  • #6


The loan is definitely possible..but probably not 200k or 300k...I suppose
 

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