derdom
2017-04-08 10:13:18
- #1
Hello to the forum. We had actually postponed the topic of buying/building a house because we hadn’t found anything decent here over several years and were living quite cheaply renting at a friend’s place. However, we have now received a very interesting offer. I will orient myself on the template but shorten it. A brief and extensive self-disclosure has already been made with the bank and about €2600 free funds calculated.
General information about you:
Income and asset situation:
Expense situation:
Housing costs:
Savings:
Income and expense totals:
General information about the property:
Building or purchase costs:
Cost summary:
Necessary loan details:
(for multiple components state for all components, for multiple options please clearly distinguish):
Total loan amount €329,000
Component 1
Component 2:
Total burden: €1200, we plan with tax class, so that we want to reach an average rate of approx. €1800.
I now want an offer without a building savings contract, that’s too confusing for me. If we really manage our tax classes, we won’t need the extended interest security because we will be done much faster then.
We would be interested in your general opinion on our project. A brief note on equity: last year we bought 2 new cars in total €50,000 and got married totaling approx. €20,000. So we are definitely able to save money.
In case of a child, he switches to tax class III and she to V. Income then approx. €4300 net. Tax back payments (total last years approx. €3000 p.a.) and special payments such as overtime were deliberately not included.
General information about you:
[*]Who are you? He is a department head, she is a pharmacist, married
[*]How old are you? 35 29
[*]Are there children? No
[*]Are children planned? Yes, 1-2
[*]Both employed, both permanent contracts, he since 2005, she since 2013 immediately after studies
[*]How many hours do you work? 35 and 38
Income and asset situation:
[*]What income do you have (gross/net)? he approx. 4700 / 2300 tax class V; she 3500 / 2400 tax class III plus both have holiday and Christmas bonuses, which are not included
[*]How much equity do you have? approx. 48,000 + approx. 20k in insurances (surrender value)
[*]How much equity do you want to put into the house project? 48,000
Expense situation:
Housing costs:
[*]current cold rent: €470
[*]current warm rent: €590
[*]electricity €60
[*]phone, internet, mobile: approx. €100
[*]total: approx. €750
Savings:
[*]Currently, depending on the month, between €2500 and €3000 remains. Sometimes more, sometimes less; holidays have also been paid entirely from this.
Income and expense totals:
[*]Total income €4700 net
[*]Total expenses: €2000-2500
[*]Balance €2200-2700
General information about the property:
[*]How large is the plot? approx. 430 sqm
[*]New build, old building (year built), house type? Year built 1978, renovated in 2007 (roof, windows, exterior facade including insulation, new underfloor heating, bathrooms, installations, floors, etc. Very high-quality fitted kitchen remains, driveway newly paved, new terrace, house is ready to move in for us immediately without major investments.
[*]Garages? 1
[*]How large is the house? (living area / usable area) 196 sqm
Building or purchase costs:
[*]Purchase price: €359,000
[*]Additional costs (3.5% + notary) €17,950
[*]Total costs €376,950
Cost summary:
[*]Total costs: €376,950
[*]Deductible equity: €47,950
[*]Financing amount: €329,000
Necessary loan details:
(for multiple components state for all components, for multiple options please clearly distinguish):
Total loan amount €329,000
Component 1
[*]Loan type KFW124 €50,000
[*]Interest rate (p.a. nominal) 1.450%
[*]Interest fixed period 10 years
[*]Outstanding principal at end of interest fixation approx. €33,000 not clear from documents
[*]Fictive total term: 25 years 2 months
[*]Initial repayment rate 3.49%
[*]Monthly installment: €205.67
[*]Prepayments possible? No
[*]Repayment rate change possible? (Conditions such as number, repayment rate range to be stated)
Component 2:
[*]Loan type Bullet loan with building savings contract €279,000
[*]Interest rate (p.a. nominal) 1.910% / 2.39% effective
[*]Interest fixed period 15 years
[*]Monthly installment: €990.92 incl. savings rate
[*]Prepayments possible? Yes
[*]Savings rate €546.84 LBS u+4, 30% savings sum, credit interest 0.1%, savings sum: €83,700 tax class without restriction,
Total burden: €1200, we plan with tax class, so that we want to reach an average rate of approx. €1800.
I now want an offer without a building savings contract, that’s too confusing for me. If we really manage our tax classes, we won’t need the extended interest security because we will be done much faster then.
We would be interested in your general opinion on our project. A brief note on equity: last year we bought 2 new cars in total €50,000 and got married totaling approx. €20,000. So we are definitely able to save money.
In case of a child, he switches to tax class III and she to V. Income then approx. €4300 net. Tax back payments (total last years approx. €3000 p.a.) and special payments such as overtime were deliberately not included.